Fast Credit Limited has introduced a new savings product aimed at children and young adults between the ages of 0-18 years— the KiddiesSwag account. This innovative financial product is designed to instill early saving habits while offering significant benefits, including a competitive 15% annual interest rate.

Account Features and Benefits

The KiddiesSwag account is fully digitalized and requires a minimum deposit of N50,000. It not only helps young Nigerians build a savings culture but also covers government-approved examination fees. These include fees for the Common Entrance, West African Examinations Council (WAEC), National Examinations Council (NECO), and Cambridge exams.

The Managing Director and Chief Executive Officer of Fast Credit Limited, Emeka Iloelunachi, emphasized that the KiddiesSwag account aligns with the company’s commitment to financial inclusivity and innovation. He stated, “We are proud to launch the KiddiesSwag account, which not only helps young Nigerians develop a culture of saving but also provides substantial benefits to support their educational journey.”

Expanding Financial Solutions for Families

The KiddiesSwag account is part of a broader portfolio of customer-centric financial offerings by Fast Credit Limited, which also includes payroll lending, consumer loans, SME and corporate lending, as well as investment solutions like the Fast Credit Investment Note and Fast Credit Thrive.

Iloelunachi further highlighted the company’s achievements, noting that Fast Credit Limited recently received investment-grade ratings from Agusto & Co. and DataPro, further boosting its credibility and market position.

“Our goal is to provide flexible and rewarding financial solutions that cater to the diverse needs of our clients,” Iloelunachi added.

Fast Credit Limited continues to enhance its reputation as a reliable financial partner, as seen in its recent successful oversubscription of its Series 5 & 6 Commercial Paper issuances. Launching the KiddiesSwag account is another significant step in the company’s mission to empower individuals and families in Nigeria, helping themsecure a financially sound future from an early age.