UBA Kiddies Account

– Targeted savings to help plan for the future
– Bonus rewards for setting up a target plan
– Earn competitive Interest
– Online and mobile banking
– Consistent maintenance of SI above ₦10,000 for 6 month stand a chance to partake in the Scholarship scheme
– 13th Month Reward with a maintenance of an SI for 12 months at a minimum of ₦5,000 (Target-Plan). 10% of the monthly Target plan amount is paid to the customer

Documents required
– Child’s birth certificate or International Passport
– 1 Passport Photograph each of parent/guardian and child ID
– Parent’s valid ID (National ID/ Driver’s License/ Permanent Voters card/ International Passport)
– Utility Bill within 3 months from account opening date

-The parent/ guardian and a child who has come of age

– ₦1,000 (accounts opened on zero balance must be funded within 48 hours)

₦1,000

No, please. Debit cards are not enabled for this account type.

As often as you like,  however if there are more than 4 withdrawals in a month, the account is disqualified from interest payment for that month.

Several exciting rewards such as:
– Earn 13th Month Reward.
– A chance to partake in the scholarship scheme.
– Annual interest of 4.20% (payable monthly)
– Complimentary invites to UBA Kiddies events.

Yes

The 13th month bonus is an amount paid to a UBA kiddies’ account holder at the end of each year if they maintain an SI for 12 months at a minimum of ₦5,000 according to their target plan and roll over their balance to the next year (without withdrawing).

No, please. Only customers with a target savings plan can  qualify for the 13th month bonus.

If you withdraw funds early; you will not be eligible for the 13th month bonus that year. However, if you complete your savings plan for the new year, so you will be eligible for a 10% bonus.

Target Savings Plan provides the unique opportunity to plan your desired goal for your child over a period and get rewarded when the goal is achieved.

Yes, you will earn competitive interest on the accumulated funds in your account even if you do not achieve your target plan – however you will no longer be eligible for the 13th month bonus.

Yes. 4.20%, payable monthly.

To begin, simply maintain a standing instruction of
minimum of ₦10,000 for 6 consecutive months or more. Balance should not be lesser than cumulative, i.e A customer with a monthly instruction of ₦10,000 is expected to have at least a balance of ₦60,000

₦200, 000. This will be paid directly to the school.

A total number of 40 winners will be selected from two draws in a year.

The 13th month reward is an amount paid to UBA Kiddies and Teens customers at the end of each year. Kindly maintain a standing instruction of ₦5,000 minimum for 12 consecutive months. Balance should not be lesser than cumulative, i.e a customer with a monthly instruction of ₦5,000 is expected to have at least a balance of ₦60,000