frequently asked questions

a
How much can I Invest on Rechargehub?

You can start your invest plan with a minimum of ₦250,000 - ₦10million Limit. You can visit the Plans available to guide you on which is more suitable to you.

b
What types of investment plans are available on Rechargehub?

1. Basic Investment. With this, you can start with an investment of ₦250,000 - ₦499,999 for a minimum of 6 months. You need only to specify this once during when choosing your plan. You can also choose to top up your Investment plan randomly with other whenever there is an Investment Opening.

2. Premium Investment. These plans help you meet commitments to long term financial goals. These are similar to Basic plans but they have a minimum investment of ₦500,000 - ₦10,000,000 for the period of 1 year.

c
How long can I keep my investment with Recharge Hub?

There is a minimum duration of 6months and no time limit. You can keep your investment with us for as long as you wish. We make every day count by making your plans earn returns daily.

d
What rate of return do I earn on my plans?

We offer you a minimum of 2.5% per month for the Basic Plan and this return accrues to you on daily basis. You can earn as high as 48% per annum on longer durations. This compares with 4.2% that banks give on your savings account which you can only get if you don't withdraw more than 4 times within a month.

e
How are you able to offer higher Interest than traditional banks?

Our operations are lean, driven by our proprietary technology. We invest our customers' funds in risk-free instruments designed by our system having merchant’s sell all our recharge product across the nation and globally of which returns are made daily. These cost are passed to our customers in the form of higher returns.

f
When does my Investment begin to earn returns?

Your plans start to earn returns immediately when the investment opening is closed once you have invested on Recharge hub usually its open for 5days to enable other investors invest their quota and on daily basis thereafter. Your daily returns are credited to your Interest wallet account by 12 midnights each day

g
How secure is my information?

Rechargehub was built with the security of your payment data in mind. Critical customer data is encrypted and securely stored. We do not store your card information as we work with a PCIDSS-compliant payment processor to handle all our customers’ card details. The PCIDSS is a standard guide, globally, that all reputable payment processors must adhere to.

h
How safe is my money?

In addition to investing your money in risk-free instruments, invested assets are insured by ALIANZ INSURANCE, As an international financial services provider, insurance and asset management are secured on behalf of investors. These assets are marked to market periodically to ensure customers are not exposed.

i
When can I withdraw my money?

You can only withdraw at the set maturity date. You will be to withdraw all of your investment interests acuminated for that month every last day of the month. Rolling over matured plans for another period makes it possible to enjoy compound returns.

j
How do I withdraw my money?

Withdrawing your money is as quite simple and withdrawals are settled almost instantly. To initiate a withdrawal, do follow these steps:
1. Log in to your Rechargehub account.<
2. Tap "withdraw".
3. Enter the amount you want to withdraw
4. Send Request.
* If you have not added your bank details, go to profile “Under Update Information” provide details of the preferred bank account to be credited and save. If withdrawal is not settled after 24 hours,send us a message on any of our channels: Email or Live Chat. Investors must have money in their wallet to initiate a withdrawal action

i
What is auto re-invest?

All initial deposits are re-invested automatically if they are not withdrawn or requested for on or before two days after in cashout date.