Herconomy: Savings & Much More

Herconomy Ltd

About this app

Herconomy is a digital solution that offers women access to financial services which include savings and discounts. With our Herconomy savings, women can save and earn high interest while enjoying access to discounts from partners within our affinity network.

Why should you save with Herconomy?
- Zero Maintenance Costs
- Achieve your savings goal
- Earn attractive interest on your savings
- Save with your community
- Automate your savings, Sit back, relax and let us do the work.

Our Herconomy savings app was built to let you achieve financial freedom using the following features:

Vault: using this feature you can:
- Earn money 10% interest per annum
- Automate your savings
- Save with family and friends using the accountability partner feature

Float: With this feature, you can:
- Have Access to free unlimited withdrawals
- Earn 8% interest per annum
- Receive your salary, use it as a transactional account

Discounts:
- Enjoy up to 30% discounts every time you shop with Herconomy’s partnered retailers across Africa

Ratings and reviews

Omo, I don't encourage anybody to use this app if you need your money immediately. I just tried saving some amount of money and withdrawing was hell. Then, the interface is not eye-catching as a product designer myself I can't do a design like this. Try and update and be clear with your terms of service. I always thought I can get my money back and transact as a normal bank, but this is not the case. You can do better. -Ife.

There's nothing good about this Herconomy app, the app is not easy to navigate. Then, withdrawal is not made easy, you will practically have to be begging them to allow you withdraw you funds, and the customer rep are not helpful. The reason for keeping/saving money is to be bale to meet emergencies. And if I'm not able to get my money when I need it, the whole purpose of saving is forfeited. I even had to wait for the agreed time to withdraw, yet the app keeps saying insufficient fund. Sad.

You don't make savings easy. Some of us mothers wants to save for our children, business, family emergency and investment but there are not options for that. Also, we can only input our card for us to automatically save. While not also provide the option of transferring the funds to the various accounts. I can't save the way i would love to because of these retrictions and even if i want to use the options provided by you, at least, allow us to name them so we will know which category belongs