FAQ

ID Minerz helps make saving and investing seamless. ID Minerz takes away the stress and planning required to save and invest on a regular basis through its automated and easy-to-use platform. Your savings also generate interest until the set maturity date.

This is simple. We do not have the high-cost base of traditional banks. Our operations are lean, driven by our proprietary technology. We invest our customers' funds in risk-free instruments offered by the Central Bank, International Debt Management Office (DMO), and a few low-risk investment opportunities. These cost savings are passed to our customers in the form of higher returns.

Successful investment management companies base their business on a core investment philosophy, and ID Minerz is no different. Although we offer innovative and specific strategies through digital asset funds.

We are here to help you with any problems and questions you may encounter while using the platform and during your investment experience. You can always contact or turn the situation into an opportunity

ID Minerz is suitable for anyone who: - never want to miss their saving and investment goals again. - wants to save and invest even while they are asleep. - wants the discipline to keep their savings and investments for a long period without tampering with them. - wants to plan their financial goals with easy-to-use financial tools.

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

Yes. Mysavingsz Financial Technology Limited (“ID Minerz”) is a fund manager duly registered with the Securities and Exchange Commission (SEC).

We provide an extra layer of security for users with token-based 2FA. This is in addition to the use of passwords and PINs but will specifically apply to authorizing transactions via a one-time code (token). This token can only be received on devices you set up 2FA on.

We have multiple security and safety layers embedded in the ID Minerz experience: from the security of our technology platform to carefully selected asset classes. Here are a few of them: 1. Bank Grade Security: Our platform and that of our payment processors are PCI-DSS compliant to ensure the security of your data electronically. All data are encrypted to prevent unauthorized access to sensitive information. 2. Best-In-Class Assets: All the investment options listed on ID Minerz, are carefully screened, and managed by professional fund managers. All the diverse mutual funds are registered with the SEC.

You can start your investment and savings plans with as low as $10 (ten dollars ). We do not have an upper limit. You have a billion dollars you want to save with us? Please go ahead.

All dreams count, so you can create as many plans as you wish on project investment.

There is a minimum duration of 90 days for savings and daily or weekly on investment no maximum time limit. You can keep your savings and investment with us for as long as you wish. We make every day count by making your plans earn returns daily.

Our rates are drawn from the instruments we help you invest in. The instruments are treasury bills, commercial papers, and government bonds. Before you create a plan, we’ll show you the prevailing rate and how much you stand to earn. Here’s a little secret, it’s always going to be better than your bank’s savings rate.

For every plan created on ID Minerz, there is a maturity period assigned to it. For each maturity period range, there is an attached interest rate. Remember, we make every day count by making your savings earn returns daily. This is done by prorating the annual interest rate attached to your plan. That is, a daily breakdown of the annual interest rate is paid on the available balance in your plan(s) each day.

Your plans start to earn returns the following day after you begin saving on Mysavings and on daily basis thereafter. Your daily returns are credited to your Mysavings account at the end of each investment.

Absolutely. Our dashboard was designed with this objective in mind. You can monitor the progress of your savings and investment plans and returns on daily basis on our easy-to-understand dashboard.

You can only withdraw at the set maturity date. You can choose to withdraw some or all of your savings together with your interests. You can decide to roll over the plan for another period or withdraw part or whole. Rolling over matured plans for another period makes it possible to enjoy compound returns.

ID Minerz is completely free for locked savings. Our payment partners take processing charges for investments into mutual funds and emergency funds. They’re quite minimal.