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Things You Can Do With The Sumotrust Mobile App

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Sumotrust mobile app

Things You Can Do With The Sumotrust Mobile App

The Sumotrust mobile app is more than an app. It is a “marketplace” where you get to carry out different transactions without any charge. Sumotrust is a digital saving and investment platform that allows you to save your money and get paid 10-15% interest. With the mobile app, users can seamlessly perform a variety of functions on their Sumotrust account.

Also Read: Sumotrust University Savings Challenge 

In Nigeria, Sumotrust is one of the three leading online savings and investment platforms with enticing interest rates and customer protection. The company is duly registered with the relevant government agencies. This post is to let you in on the numerous things you can do on your Sumotrust mobile app.

Sumotrust mobile app

There are many savings apps in Nigeria, but Sumotrust has struck a chord in its users’ hearts. You can use it for your online daily contribution, make a transfer, and the list goes on. Let’s explore in detail the things you can do with your Sumotrust app.

Applications of The Sumotrust Mobile App

  • Transfer money from one Sumotrust account to another

As a leading savings app in Nigeria, the Sumotrust app allows you to make internal transfers to another Sumotrust account. To make a transfer, log in to your Sumotrust app and click on the drop-down menu. When you do that, click on “transfer money,” and a new page opens for you to input all necessary information. You will be asked to provide the receiver’s email or phone number, wallet (main account or kick account). You will also have to select the source of funding (either your main savings or kick account). You input the amount you want to transfer and then confirm your account password.

  • Receive money from any bank using your Sumotrust account number

With the Sumotrust mobile app, you can receive money directly from any bank in Nigeria. You have your Sumotrust account number, which you can send to anyone to send money to your account. It works exactly like your traditional bank account number.

  • You can automate your savings using your debit card.

With your Sumotrust savings app, you can engage in online daily contributions. You can decide to make it weekly or monthly; it’s all your choice. To automate your savings using the Sumotrust app, log in to your account; you will see autosave on your dashboard. All you have to do is click on it and follow the prompts to automate your savings on Sumotrust.

  • You can lock your funds for higher interests.

You can fix your money and get higher interest on your savings on Sumotrust. Sumotrust allows users to fix funds for at least one year and receive 15% interest on the fixed fund.

  • Users can make investments at 24% ROI Per Annum. 

With the Sumotrust app, users can access the Sumotrust high-interest fixed deposit account (SHIFDA) investment option. It is for a minimum of 6 months and can stay as long as 10 years for a 24% return on investment per year. It is open for investors with 500,000 Naira and above who want a secure and highly profitable investment offer.

  • Purchase courses on Motute at subsidized Rates

Sumotrust users can use the mobile app to online savings app to buy courses on Motute at subsidized rates. Motute is an online platform where you can learn and teach anything from any part of the world. You can gain access to wonderful courses on the platform without paying the full price. All you have to do is download your Sumotrust mobile app to get started.

  • Be a part of the many savings challenge on Sumotrust.

You will be eligible to participate in the countless savings challenge available on Sumotrust. There is the 2021 valentine couple savings challenge, Nigeria university savings challenge, and a host of others. Aside from the interest on your savings, you also stand a chance to win cash prizes by participating in these savings challenge.

  • Get loans from Sumotrust

With your sumotrust online savings app, you can have access to the mission support feature. The Sumotrust mission support allows users to access up to 20% of their savings as a loan. It comes with a flexible repayment plan to enable you to pay back easily.

Conclusion

If you haven’t downloaded your Sumotrust mobile app, you really need to start enjoying these features. You can download the online savings app on Google Play, App Store, or App Gallery. Click here to open your free Sumotrust account.

 

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