UBA Bumper Account

An account that rewards you for saving every year.

bumper account

Save More, Earn More, and Win with the UBA Bumper Account.

All you need is to open a Bumper Account, deposit and win. If you don’t have one, simply dial *919*20# to open one instantly or *919*20*1# to migrate your existing savings account. Easy-peasy!

List of winners

Check out all the past winners from the draws

Bumper Account

Save more and qualify to win through a Guaranteed Reward Model, where you receive an annual Bumper Bonus; an additional interest payout based on your savings balance, notwithstanding interest forfeiture after 4 withdrawals. Open a Bumper account today and enjoy the benefit of smart saving.

Bumper Lite

An account that rewards you through a Guaranteed Reward Model, where you receive an annual Bumper Bonus; an additional interest payout based on your savings balance, notwithstanding interest forfeiture after 4 withdrawals. Simply deposit to qualify. Open a Bumper account today and enjoy the benefit of smart saving.

uba bumper lite

Bumper Bonus

The Bumper Bonus is an annual, guaranteed extra interest paid to eligible customers based on their deposit balance. It is paid once every year on the last day of the customer’s account anniversary month, starting from March 31, 2026.

Reward Structure

Customer CategoryDeposit Range (₦)Bumper Bonus Rate
Group A0 – 299,9991%
Group B300,000 – 4,999,9991.5%
Group C5,000,000 – 49,999,9992.0%
Group D50,000,000 & Above2.5%

Qualifying Criteria

● Customers must maintain a funded Bumper Account within the qualifying balance bands.
● Funds should be consistently maintained over the period.
● The account must remain active and compliant with product terms.
● Bonus rate is determined by the customer’s deposit level.

Key Benefits of Bumper Bonus

● Earn guaranteed additional interest on your savings, giving you higher overall returns.
● Build disciplined and consistent saving habits.
● Maximize the value of your money effortlessly.

For more enquiries about the Bumper Savings Account, please contact cfc@ubagroup.com.

UBA Bumper Account Health Plan

UBA Bumper account is for everyone; from salary earners, professionals, students, entrepreneurs and all other individuals.

Avon Healthcare Plan

OUTPATIENT SERVICES

General Consultation/Outpatient services
  • Registration
  • Consultations with general practice doctors
  • Malaria and other acute uncomplicated febrile illnesses
  • Diarrhea diseases
  • Acute respiratory tract infections
  • Pneumonia (Uncomplicated)
  • Anaemia (not requiring blood transfusion)
  • Simple skin diseases, e.g Tinea versicolor, M.furfur, Tinea capititis
  • Worm infestations
  • Uncomplicated bacteria
  • Fungal parasitic and viral Infections/illnesses
  • Arthritis and other minor musculoskeletal diseases
Prescribed Drugs
  • Enrollees are covered for the drugs for primary care services or services above.
Lab Investigations
Hematology
  • Haemoglobin (HB)
  • Packed cell volume (PCV)
  • Differential count (WBC)
  • Full blood count (1-3)
  • White cell count (WBC)
  • Red blood count (RBC)
  • Esrwestergreen
  • Reticulocytes
  • Platelets
  • MCHC
  • MCV
  • MCH
  • Genotype
  • Blood group
  • Malaria parasites
  • Bleeding time
  • Clotting time

DIAGNOSTIC SERVICES

Basic Radiological Services – Plain & Contrast X – Rays
  • Plain & Contrast X-rays

MINOR SURGERIES AND PROCEDURES

  • Wound dressing
  • Incision & drainage of abscesses
  • Suturing of minor cuts and lacerations

Minor Surgeries – ₦50,000 limit

ACCIDENT & EMERGENCIES

Stabilization, immediate first aid and resuscitative intervention within the first 24 hours
Premium per person per annum ₦6,000
Maximum care Limit ₦500,000

Ready to get started?

Terms and Conditions:

Important: Waiting periods and exclusions apply to certain health plans.

Exclusions

The following conditions/treatments/services are not covered by the health plans:

Birth defects, congenital condition or illness, autoimmune disorders, sickle cell anaemia, conditions and illnesses related to genetic disorders; Psychiatric Institutionalization; Any medical service required, or injuries sustained as a result of Military, Para Military or Militant service or operations; Any medical service required, or injuries sustained as a result of Hazardous sports including but not limited to water sports, mountaineering, hunting, motor racing, riding or driving in any kind of race and professional participation in leagues of any sport; Any medical service required, or injuries sustained as a result of Air travel except as a fare paying passenger in any aircraft licensed for passenger carrying; Any medical service required, or injuries sustained as a result of War (declared or undeclared), riot, strike, and civil commotion; or acts of God or acts of terrorism.

Hearing tests or costs of hearing aids; Any injury, illness or disease specified as an exclusion and complications caused by a condition that is excluded or follow up treatments or investigations that are due to a condition that is excluded; Home Care, Domiciliary Care; Joint Replacements; Supply of Prosthesis (Artificial Limbs, Dental Prosthesis); Hormonal Replacement Therapy; Speech Disorders, Learning Difficulties, Behavioural & Developmental Problems; Treatment of Obesity & Weight Loss; Elective Caesarean Section; urns greater than 9%.

Interested in Opening a Bumper Account?

Fill this form.

Dial *919*20# to instantly open an account
By clicking “Submit”, I agree to the terms and conditions of use.

Frequently Asked Questions

Here is everything you need to know about the UBA Bumper Account.

The UBA Bumper Account is a savings product designed to help customers grow their savings while earning guaranteed rewards in addition to the standard Bumper savings interest. It operates on a Guaranteed Reward Model, where customers receive an annual Bumper Bonus based on their average savings balance, regardless of withdrawal activity (subject to eligibility criteria).

Unlike a regular savings account, the Bumper Account offers:

● A guaranteed annual bonus (Bumper Bonus)
● Additional earnings based on savings balance
● Flexibility to save, withdraw, and transact freely
● Continued access to standard Bumper interest plus reward bonus

The account is available to:

● Salary earners
● Professionals
● Traders and business owners
● Students and young savers
● High net-worth individuals
● General retail banking customers aged 18 and above

There are two tiers:

● Tier 3 (SBBUP) – Full KYC account
● Tier 1 (BUPLT) – Lite/KYC-light account

The Bumper Bonus is a guaranteed annual extra interest paid to eligible customers based on their average deposit balance within defined reward tiers.

It is fully guaranteed. Customers receive the bonus as long as they meet the qualifying criteria and maintain the required deposit levels.

It is paid once every year on the last day of the customer’s account anniversary month, starting from April 30, 2026.

UBA staff members qualify for the Bumper Bonus provided they own a Bumper account, actively use the account, and meet the stated requirements.

● Customers must maintain a funded Bumper Account within the qualifying balance bands.
● Funds should be consistently maintained over the qualifying period.
● The account must remain active and compliant with the product terms.
● The Bumper bonus rate is determined by the customer’s average deposit balance

CATEGORY DEPOSIT RANGE BUMPER BONUS RATE
Group A ₦0 - ₦299,999 1%
Group B ₦300,000 - ₦4,999,999 1.50%
Group C ₦5,000,000 - ₦50,000,000 2%
Group D ₦50,000,000 and above 2.50%

Yes. Customers can move to higher or lower tiers depending on their average deposit balance over the qualifying period.

Yes. The Bonus payout is based on the customer’s average annual balance on the account. Transactions or withdrawals will not disqualify customers, provided they continue to maintain the required balance on the account.

Yes. Customers who prefer to save and make consistent deposits will qualify for the reward. One of the benefits of the product is to encourage customers to consistently use and grow their account balances.

Bumper is designed as a reward-based product to incentivize customers to actively bank with UBA. While customers still earn the standard Bumper interest (paid monthly), the product also provides additional benefits through a guaranteed reward model for eligible customers.

The Bumper anniversary date is the date the account is successfully migrated to a Bumper account. This date serves as the reference point for tracking the customer’s qualifying balances, which begin from the migration date.

Yes. Bumper offers an additional savings interest rate of 2% per annum, which is payable monthly.

The Bumper account should be operated by the owner as an individual account and not for business transactions.

The Bumper Bonus is available to all customers who actively use the Bumper Account for savings and transactions. Customers are not required to lock their funds for the year. The account must remain active (i.e., not dormant), and customers are permitted to carry out transactions while still qualifying for the bonus, provided they meet the eligibility requirements.

Yes. The Bumper Bonus is available to both existing and new customers, provided they actively use the account and meet the eligibility requirements.

In such a situation, the customer is advised to upgrade to the Tier 3 (SBBUP) scheme code, which has no deposit limit. The customer may still qualify for the Bumper Bonus as long as there are consistent inflows into the account. However, while the account is on PND, the customer will not be able to access the funds. The PND must be lifted before the customer can access the account balance.

Yes, Savings account customers can migrate to a Bumper account and enjoy the Bumper Bonus. However, eligibility for the Bumper Bonus is based on the customer’s account anniversary cycle, which runs for one year from the migration date. Customers must actively use the account within this period and meet the required criteria to qualify for the bonus. Customers can dial *919*20*1# to migrate to a Bumper account.

The minimum operating balance for the SBBUP (Tier 3) Bumper Account is ₦5,000.

The Central Bank of Nigeria (CBN), in circular CMD/DIR/PUB/CIR/001/003 dated November 27, 2025, prohibited lottery-based or chance-driven promotional draw schemes, such as monthly and quarterly reward draws. The Bumper Bonus operates as a guaranteed reward model rather than a chance-based winning system. Eligible customers who maintain the required annual balance on the account and meet the stated criteria will be rewarded accordingly.

For the regular annual interest rate of 2% on the Bumper Account, customers will forfeit the interest for that month if they perform four (4) or more withdrawal transactions within the month.

The same treatment applicable to all bonus payments will apply to the Bumper Bonus, including any relevant tax or regulatory deductions where applicable.

Bumper currently offers 2% per annum (payable monthly), while the Regular Savings Account offers 7.9% per annum (payable monthly).

The Bumper Bonus interest tier is calculated based on the customer’s average account balance over a one-year period, not the balance in the account on the anniversary date.

The Bumper Bonus is calculated based on the customer’s average balance over a one-year period. A customer may still qualify for the payout if they had maintained qualifying balances on the account during the preceding months.
However, customers are advised not to withdraw all funds before the anniversary date, as the higher the average balance maintained over the year, the higher the reward band and potential bonus payout.

The Bumper Bonus is an addition to the existing interest rate on the account. The standard savings interest rate still applies alongside the Bumper Bonus.

The Bumper Bonus is paid based on the customer’s account anniversary, not the customer’s birthday. It is paid on the last day of the anniversary month. For example, if a customer opens a Bumper account on 12th May 2021, the payout will be made on 31st May.

Customers with a Tier 1 Bumper account can withdraw funds down to a zero balance. However, customers with a Tier 3 Bumper account must maintain a minimum operating balance of ₦5,000 in the account.

The average deposit balance is calculated based on how long funds remain in the account within a given period. It is derived by multiplying the balance maintained each day by the number of days it is held, then dividing by the total number of days in the month.
For example, if a customer maintains ₦100,000 in the account for 13 days in May (31 days), the calculation will be: 13/31 × ₦100,000.

The ₦5,000 represents the minimum operating balance required to maintain the Tier 3 Bumper account, while the additional ₦1,500 is meant to cover ATM card issuance. This brings the total minimum opening funding requirement to ₦6,500.