Optimus Bank
Individual Savings Account
Maximum of 4 withdrawals per month.
Interest Rate: |
8.11% |
Monthly Withdrawal Limit: |
4 transactions |
Withdrawal Limit Penalty: |
Interest forfeited. |
Last Updated: |
Jun 04, 2026 |
Product Review
Expert Take
Optimus Bank Individual Savings Account scores 3.9 out of 5, led by strong minimum opening deposit. The main tradeoff is cheque lodgement.
| Rating Criteria | Product Value | Score |
|---|---|---|
| Interest rate/APY | 8.110% | 2.9/5 |
| Minimum opening deposit | NGN 0.00 | 5.0/5 |
| Withdrawal limits per month | 4 per month | 3.9/5 |
| Cheque lodgement | Not allowed | 2.0/5 |
| Fees | NGN 0.00 | 5.0/5 |
Review Summary
This Individual Savings Account from Optimus Bank has received a rating of 3.9 out of 5 stars. Key advantages include 2 notable benefits. However, there is 1 consideration to be aware of.
Pros
- minimum opening deposit
- fees
Cons
- cheque lodgement
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Updated 1 month, 2 weeks ago