NextGen account

Build your savings and manage your money better with an account that grows with you, through your youth.

Who is this for?

Students of Tertiary institutions and NYSC Corp members.

 

UBA NextGen

Being a step away from the adulthood can be a lot of pressure. The responsibilities are slowly creeping in and you’ve got to be on top of things.

Let’s partner with you as you build your financial independence with the UBA NextGen account

– A chance to win Pocket Money for a Year
– A chance to become a UBA Campus Ambassador
– Complimentary invites to NextGen events and Master classes
– Annual interest of 3.75% (payable monthly)
– 50% discount on your first debit card.
– N15,000 monthly pocket money
– Free online business workshops for your side hustle

– One passport photo
– A valid ID card and recent utility bill OR School fees receipt or hostel allocation document are required, in addition to the  student ID (Tertiary Institution) or Corpers ID (NYSC)

No sms charges, No card maintenance fees.

UBA NextGen Lite

Being a step away from the adulthood can be a lot of pressure. The responsibilities are slowly creeping in and you’ve got to be on top of things.

Let’s partner with you as you build your financial independence with the UBA NextGen account

– A chance to win Pocket Money for a Year
– A chance to become a UBA campus Ambassador
– Complimentary invites to NextGen events and Master classes
– Annual interest of 3.75% (payable monthly)
– 50% discount on your first debit card
– N15,000 monthly pocket money
– Free online business workshops for your side hustle

– One passport photo
– Tertiary institution student ID/Admission Letter or NYSC ID

No sms charges, No card maintenance fees.

 

Account information
NextGen
NextGen Lite
Benefits
A chance to win pocket money of N15,000 monthly for a year
50% discount on first debit card issuance
Annual interest of 3.75% (payable monthly)
Requirements
Student-upload a document that proves one is a student (e.g. Student ID card, Admission Letter etc.)
NYSC corps member- evidence that proves , one is currently serving(e.g. NYSC ID card, Call Up Letter etc.)
1 passport photo
Valid ID (National ID/ Driver’s License/ Permanent Voters card/ International Passport
Utility Bill (within 3 months from account opening date)

FAQs

Documents required
– A duly completed account opening form
– One passport photo of Student / Corp Member
Tier 1 KYC (partial): Student / departmental / faculty ID card / NYSC card (for Corp members)
Tier 3 KYC (full): Evidence of Studentship / Corps membership (e.g. Student  / Corp Member ID, Admission / Posting letter)  one of the following: Voter’s card / national ID / national driver’s license / international passport and one of the following: utility bill, school fees receipt, hostel allocation document

Funding
No minimum Opening Balance

A Savings account will be opened when you present a passport photograph and valid photo ID. However, with your School ID/admission letter, your account can be converted to a UBA NextGen account.

– Yes, please. The UBA NextGen Account is for students of any tertiary institution including Colleges, Universities, Technical/Vocational Institutions,  Polytechnics.
– National Youth Service Corps members with valid NYSC cards are also eligible for the UBA  NextGen Account.

– For Tier 1 KYC, the following means of ID are acceptable.

  • Student ID Card OR Departmental ID Card OR Faculty ID Card
  • NYSC ID card

– For Tier 3 KYC IDs, the following means of ID are acceptable.

  • International Passport OR Voters Card OR National ID OR Driver’s License; but must also provide evidence of being a student / corp member

The customer will need to provide an Admission Letter OR Clearance Letter OR Call up Letter that shows at least the following information: Passport Photo, Name, Sex, Student/Registration Nos., Faculty/Department.

– On Campus at University events organized by UBA
– On Camp
– Online
– At the Branch

You can, but if you are a Tertiary student or Corp member, the UBA NextGen account will better meet your needs than the General Savings account.

– The Savings account is a basic savings account.
– As a Tertiary student or Corp member, the NextGen account will better meet your lifestyle needs.
– You stand a chance to win pocket money for a year in our targeted draws
– Your first debit card  is issued at only half the regular cost
– You get to attend all campus events

No – the account must be funded with at least the card fee (@ 50% discount) to get a debit card.

 No minimum account opening balance

– Yes, you can get a debit card on your UBA NextGen account at a discount of 50% for your first card.

– A chance to win Pocket Money for a Year
– A chance to become a UBA campus Ambassador
– Complimentary invites to NextGen events and Master classes
– No sms charge and card maintenance fee
-And so much more

– Simply open your account and maintain a minimum balance of N5000