Is TrueSaver Legit?

Saving money is a habit that everyone should cultivate, and the reason is clear: it offers numerous benefits. Fortunately, technology has brought us a variety of mobile apps that make the process not only easy but also enjoyable. TrueSaver is an app that helps people borrow and save money in Nigeria.

Truesaver offers 10% interest rate on savings for its users. But you need to activate the interest option before you start saving. To begin using Truesaver, follow these steps:

  1. Visit Truesaver’s Website: To begin your journey with Truesaver, first, visit their website by typing “” in the search bar of your internet browser.
  2. Click ‘Get App Now’: On the website, you’ll see a button that says ‘Get app now.’
  3. Install the App: Once you click that button, the app will start downloading onto your device. After the download is finished, tap on the app’s icon to open it up.
  4. Register an Account: When you open the app, it will ask you to sign in or create an account. You’ll need to supply some personal details, like your name and email address.
  5. Complete KYC Verification: Like when you show your ID to someone to prove who you are, the app might ask you to do something called KYC. It stands for “Know Your Customer.” This step is to make sure you’re really you and that everything is secure. For this, you might need a government-issued ID, like your driver’s license or passport, to confirm your identity.
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Features of TrueSaver App

  1. Cash Loan: Truesaver offers a feature called “Cash Loan” that can be quite helpful. Imagine you need some extra money for an unexpected expense. Truesaver can provide you with a cash loan, which is like borrowing money from a friend but from the app. You’ll need to pay this money back, usually with a little extra called “interest.”
  2. Setup Automatic Giveaways: Another cool thing about Truesaver is the ability to set up “automatic giveaways.” This feature is even more interesting because Twitter, YouTube, and LinkedIn are supported.
  3. Buy Now, Pay Later – Product Loans: Truesaver goes beyond just saving and lending with their “Buy now, pay later” feature, which is all about getting things you need and paying for them in small chunks later on.

You can easily find Truesaver on both App Store and Google Play Store. Truesaver has over 5,000 installs and a rating of 4.5 stars on Google Play store.

How to Spot a Scam Savings app

When you want to make sure you’re using a legit savings app, there are a few things you can do.

  1. Source of Download: Where you download the app from is really important. Make sure to get it from places you know, like the App Store if you have an iPhone or the Google Play Store if you use an Android phone. These places have strong rules for letting apps in, so they’re usually safer and better to use.
  2. Reviews and Ratings: Checking what other people say about the app can give you a good idea of whether it’s trustworthy. Look for a good number of positive reviews and a high overall rating. If you see a lot of negative feedback or a low rating, it might be a sign that the app is not legit.
  3. Too-Good-to-Be-True Promises: If an app promises to make you rich quickly, it is probably a scam. Saving money takes time and effort, and there is no way to get rich quick. Here are some red flags to look out for:
    • It promises huge rewards in an unrealistically short amount of time.
    • It requires you to pay a lot of money upfront.
    • It is difficult to contact the company or its representatives.
  4. Trust Your Instincts: If you feel something is wrong with an app, don’t ignore your gut feeling. Trust your instincts, and don’t use the app if you feel unsure about it. It’s better to be safe than sorry.Here are some examples of things that might make you feel unsure about an app:
    • The app’s terms and conditions are unclear or difficult to understand.
    • The app’s website or social media pages are unprofessional or poorly designed.
    • The app’s customer service is unresponsive.

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