Earnipay Account Tiers and Benefits

Earnipay Account Tiers and Benefits

Tier 1 Account
To set up a Tier 1 account on Earnipay, you need to complete the following verifications:
  1. Email Verification: Verify your email address by using the OTP sent to your inbox during the registration process.
  2. BVN and NIN Verification: Verify your Bank Verification Number (BVN) and National Identification Number (NIN) to ensure your identity and link your account to the Nigerian banking system.
Benefits of a Tier 1 Account:
Once your Tier 1 account is set up, you will enjoy the following benefits:
  1. Daily Transaction Limit: You can transact up to Thirty Thousand Naira (₦30,000) per day.
  2. Single Transfer Limit: You are allowed to transfer up to Thirty Thousand Naira (₦30,000) in a single transaction.
  3. Maximum Account Balance: Your account balance can hold a maximum of Three Hundred Thousand Naira (₦300,000).

Tier 3 Account
To upgrade to a Tier 3 account, you must complete additional verifications:
  1. Face and ID Verification: Upload a clear photo of yourself and a valid ID (such as a driver’s license, international passport, or national ID card) for identity verification.
  2. Address Verification: Provide and verify your residential address to complete the KYC (Know Your Customer) process.
Benefits of a Tier 3 Account:
Tier 3 accounts offer enhanced features and greater financial flexibility, including:
  1. Daily Transaction Limit: You can transact up to One Million Naira (₦1,000,000) per day.
  2. Single Transfer Limit: Transfer up to One Million Naira (₦1,000,000) in a single transaction.
  3. Unlimited Account Balance: Unlike Tier 1, there is no cap on the maximum balance your account can hold.
  4. Access to Loans: As a Tier 3 account holder, you can apply for personal loans directly through the Earnipay app.
  5. Access to Rewards: Enjoy exclusive rewards tailored to Tier 3 users.
  6. Discounts on Bill Payments: Benefit from discounts on various bill payments made through the Earnipay platform.
  7. No limit on Savings

    • Related Articles

    • How to Apply for a Personal Loan on Earnipay

      Loan Eligibility Criteria To qualify for a personal loan through Earnipay, applicants must meet the following requirements: Salary Earner: You must be employed and receive a regular salary. Positive Credit History: Your credit history must be ...

    • Interest Rate on Flex Savings with Earnipay

      Flex Savings on the Earnipay offers a competitive interest rate designed to help you grow your savings effectively. Here’s an overview of how interest is calculated and credited to your Flex Savings. Competitive Interest Rate The current interest ...

    • How to Activate Halal Mode on Your Earnipay Savings

      Earnipay offers a Halal-compliant feature that allows users to turn off interest accrual on all their savings plans. This option is ideal for users who prefer to save without earning interest, in line with Islamic financial principles. Follow the ...

    • How To Top-Up Your Flex Savings

      Step 1: Open Your Flex Savings Log in to your Earnipay mobile app. Navigate to the ‘Savings’ menu under the quick actions on your homepage. Select your existing ‘Flex Savings’. Step 2: Select the Top-Up Option Once you’re in your Flex Savings ...

    • On-Demand Pay

      What is On-demand Pay On-Demand Pay is a financial service that allows employees to access a portion of their earned salary before their scheduled payday. With On-Demand Pay, employees can request payment for the hours they have worked or the days ...