Turbo Finance is a registered trademark of Turbo Microfinance Bank, a CBN‑licensed institution insured by the NDIC.
Your money shouldn’t just sit there. It should work.
Whether you need 24/7 access to your emergency cash or a secure place to lock away funds for a major milestone, Turbo Finance helps you beat inflation with guaranteed daily growth.
Why Save with Turbo?
See How Much You’ll Earn in Real-Time.
Choose Your Loan. Map Your Repayment.
Turbo Flex
What is it?
The digital version of your “emergency stash.” Perfect for money you might need today, tomorrow, or next week. You earn interest every day the money stays in, but you can withdraw it all in seconds without penalties.
- Access: Unconditional, 24/7 Instant Withdrawal.
- Minimum Balance: ₦0
- Best for: Daily expenses, emergency funds, and bill-payment floats.
How It Works
The 3-Step Growth Plan
Pick Your Wallet
Choose Flex for money you need soon, or Lock for money you want to grow for a specific goal.
Automate Your Habits
Set up a recurring transfer from your salary or business wallet so you save before you spend.
Track Your Growth
Check your app dashboard every morning to see your daily interest alerts.
Frequently Asked Questions (FAQs)
Can I lose my money if the economy fluctuates?
No. Your principal is 100% secure. Turbo Finance is NDIC-insured, meaning your deposits are protected just like they would be in a traditional bank, but with better interest.
Is there a maximum amount I can save?
No. Whether you are saving ₦1,000 or ₦10,000,000, Turbo provides unlimited capacity for both Turbo Flex and Turbo Lock accounts.
Can I add more money to an existing Turbo Lock, or do I have to open a new one every time?
You can absolutely keep adding to it! Turbo Lock is built for goal-getters. Whether you are saving up for next year’s rent, school fees, or a big milestone, you can continuously put money into your Turbo Lock wallet whenever you get paid or clear a side-hustle. Every new amount you add starts growing toward your target.
How is the interest I earn calculated?
For Turbo Flex, you earn an interest that is calculated daily and credited to your wallet at the end of every month. For Turbo Lock, your total interest plus principal is paid out in one lump sum the moment the lock matures.
Is there any hidden fee or penalty for transferring money out of my wallets to another account within Turbo Finance?
None at all. The Turbo Ecosystem is built for total liquidity. You can move your money out to another Turbo Finance account to pay a bill, send it to a friend, or use it for an emergency 24/7 with zero exit fees and zero drama.
Do you charge for transfers to other banks?
Moving money within the Turbo family is completely free; all intra-bank transfers (Turbo-to-Turbo) cost ₦0.00. For transfers leaving Turbo to other traditional banks, standard micro-charges apply to cover network costs. We keep these as low as possible so you keep more of your money.
Maximize Your Money on the Turbo Ecosystem
1% Cashback on Bills
Use your Flex interest to pay your bills and get an extra 1% back on every electricity token.
Business Turbo Flex
Running a shop? Move your daily sales into a Business Flex account to earn interest on your revenue before you restock.
Nano Loans
Need cash but don’t want to break your Turbo Lock? Take a quick Nano loan instead to keep your savings growing while you handle the emergency.
