19 May 2026
T-bills vs savings apps — what to know
Both can grow money, but liquidity, returns, and risk differ. Here is a simple way to choose for short and medium-term goals.
T-bills (Treasury bills)
- Backed by the Federal Government
- Fixed tenor (often 91, 182, or 364 days)
- Competitive rates; you typically hold to maturity
Good for: money you will not need until maturity.
Savings apps (PiggyVest, Cowrywise, etc.)
- Easier top-ups and withdrawals
- Rates vary; read lock-in rules
Good for: emergency funds and goals under 12 months.
A simple split
Keep 3–6 months of expenses in a flexible savings app. Put surplus you can lock away for 90+ days into T-bills. Track both in Orjar so net worth stays honest.