Savings Account

Save for a bright future today with our savings accounts, we've got something for everyone

Save to Win 1 Million Naira

Win 1 Million Naira every quarter by saving 10,000 Naira only for 3 consecutive months in the UBA savings promo.

This promo is open to all savings accounts so don’t miss out, start saving or open an account today.

Q. What is the criteria for a savings account holder to win in the quarterly draw?

A. Maintain at least a minimum of 10k monthly for 3 consecutive months.

Q. Are Bumper account holders eligible for the quarterly draw

A. Yes, if they meet the criteria above

Q. What is the criteria for a bumper account holder to win in the quarterly draw

A. Maintain at least a minimum of 10k monthly for 3 consecutive months.

Q. Can a savings account holder partake in the bumper draw?

A. NO!

Q. Can Customers still migrate from Savings to bumper account?

A. Yes

Q. Is this offer open to only existing savings account holders?

A. Both existing and new customers

Q. As a Bumper customer, If I win in the Bumper monthly draw, will I still qualify for the quarterly draw?

A. Yes, simply maintain a minimum of 10k monthly for 3 consecutive months.

Q. If I don’t save consecutively will I still stand a chance?

A. No, you need to save a minimum of 10k monthly for 3 consecutive months.

Q. If I make a one-time deposit of 30k and maintain the balance for 3 months will I qualify for the quarterly draw?

A. Yes.

Q. Can I have a Bumper account and a Savings account?

A. Yes.

Q. If I have a Bumper and Savings account can I qualify for the quarterly draw on both accounts?

A. Yes, provided you meet the qualifying criteria.

Q. What is the prize money for the quarterly draw?

A. In the quarterly draw 10 customers will win N1m each.

Terms and condition apply

UBA Savings Lite (Tier 1)

Investing your future has never been easier. Take the first step towards managing your money better and enjoy amazing returns when you open a UBA Savings Lite account.
This account can be opened with minimal documentation.

• Flexible opening balance.
• Unlimited withdrawals.
• Enjoy exclusive offers on our debit cards.
• Earn attractive interest rates.
• Flexible operating balance.
• Bank anytime, anywhere on our digital platforms – USSD *919#, Internet Banking and Mobile App

• Zero account opening balance.
• Zero account operating balance.
• Issuance of Debit Card
• Maximum single deposit of ₦50,000
• Maximum cumulative balance of ₦300,000.

• 1 Recent Passport Photograph
• Biodata – Full name, Phone Number, Date of Birth etc.
• BVN

UBA Savings Account (Tier 3)

Take the first step towards managing your money better. There is a UBA Savings account suitable for everyone. We’ll make opening an account easy. Just a few simple steps and you’ll be done.

• Third-party cheque deposit (₦2M max.)
• Flexible opening balance.
• Third party transactions allowed.
• Unlimited number of withdrawals.
• Withdrawal either by cheque or withdrawal slip.
• Attractive interest rates.
• Flexible operating balance.
• Access to digital banking products & services.

• Minimum opening balance – ₦2000
• Zero account operating balance.
• Lodgment of dividend warrants and cheques

• Duly Completed Account Opening Form.
• A valid ID – International passport, Driver’s license, National Identification Card (NIN) or Permanent Voter’s card (PVC).
• 1 Recent Passport Photograph.
• Utility Bill issued within the last three months.

UBA Bumper Account

An account that rewards you with exciting prizes for saving a minimum of ₦5,000.

This is an account for salary earners, professionals, students, entrepreneurs and all other individuals.

UBA Target Account

Set savings goal for your dream, car, start-up business etc. and earn up to 5.50% interest rate per annum. UBA Target account offers you the most convenient way to save for your future needs.

UBA Kiddies Account

It’s never too early to get them started, open a kiddies account and enjoy a host of amazing freebies and benefits.

It’s finally time to grow out of piggy banks. The kiddies Account allows parents to start saving for their kids as soon as they are born, and as they grow older, educate them about money and savings.

UBA Teens Account

Give them a platform to financial freedom, Open a Teens Account today.

This account exists to serve that purpose. To give them some freedom with money, so they can dream, learn and develop into the right kind of adult.

UBA NextGen Account

The UBA NextGen is uniquely designed for undergraduate students and NYSC Corps members.

It is intended to enhance the lifestyle of discerning students and NYSC Corps members while providing a platform to build one’s financial independence.

For The Self Employed

Are you self employed?
Take the first step towards managing your money better.

• A valid means of ID (International passport/Driver’s license/National ID/Voter’s card).
• Passport photograph(for business, one for each of the owners)
• Utility bill (not exceeding 3 months).
• Certificate of Incorporation/Registration/CBN License (for business enterprise).
• Two references from current account holders.

For Employees

Are you an employee?
Take the first step towards managing your money better.

• A valid form of ID (International passport/Driver’s license/National ID/Voter’s card).
• Employee ID (low KYC account opened in the absence of international passport/driver’s license/National ID/voter card).
• Letter of Introduction from employer.
• A passport photograph.
• Utility bill (not necessary if applicant’s company has a UBA account)

Expatriate/Diaspora

Diaspora Banking is a unique banking service designed to meet the banking needs of Nigerians living abroad

• Duly Completed Diaspora Account Opening Form via the Online account opening page.
• A valid means of identification (Valid Nigerian International passport/ Driver’s license/ resident permit/work permit or foreign passport with Nigerian place of birth/country of origin backed with any form of Nigerian ID even if expired
• Proof of address {Utility bill for the last 2 months or Bank Statement for the last 6 months}
• Proof of source of funds (recent pay slip/ work ID/ letter of reference from current banker/ business registration documents if self-employed)
• 1 recent Passport photograph {for joint account holders, one recent passport photograph for each signatory).

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All Savings Accounts Come With

Internet Banking

Secure Transactions

Transaction Notifications

24/7 Banking

UBA Online Account

No need to visit the bank

The UBA Online Account is a unique account designed for people who desire to carry out their banking activities purely online, without visiting a bank branch.

Enjoy the flexibility of banking on the go, with our electronic channels (Internet Banking, Mobile Banking, Chat Banking and USSD)