Savings Accounts

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

Everyone is different so one size never fits all

That is why we have a wide range of accounts to fit everyone, regardless of situation or lifestyle. So whether you want a basic account or one bursting with options, you will find the right account that meets your expectations.

UBA Kiddies Account

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.

  • – Opening balance is UGX 25,000
  • – Monthly management fees –NIL
  • – Minimum balance –UGX25,000
  • – Cash deposit fees- FREE
  • – Cash withdraws -FREE
  • – A birth certificate/ immunisation card.
  • – Passport photograph
  • – Parent’s national ID
  • – Opening balance of UGX 25,000
  • – Free Over the counter withdrawals.
  • – Convenience: Customers can save for their children in an easy, safe and convenient way.
  • – Wealth Pool: Customers can pool savings for their minors in smaller manageable proportions to create a big value for future investment.
  • – Rewarding: Customers will enjoy benefits accrued from interest rates on savings accounts and 13th month Cheques for keeping funds on the accounts.
  • – Flexibility: Customers can access their accounts online.
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UBA NextGen Account

The UBA NextGen is uniquely designed  for  undergraduate students.

It is intended to enhance the lifestyle of discerning students while providing a platform to build ones financial independence.

  • – Opening balance is UGX 5,000
  • – Monthly management fees – FREE
  • – Minimum balance –UGX5,000
  • – Cash deposit fees- Free
  • – Free over the counter withdraws per month for first 3 withdraws per month, after which 5,000/= charged for transactions below UGX2,000,000
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  • – A valid means of Identification (ID)
  • – 3-4 Passport photographs
  • – Opening balance of UGX 5,000.
  • – Minimum Account balance of UGX 5,000
  • – A free personalized debit card.
  • – Access to funds in an easy, convenient and trendy way.
  • – 3 free over the counter withdraws per month.
  • – Rewarding: Customers will enjoy benefits accrued from interest rates on savings accounts.
  • – Flexibility: Customers can access their accounts online, USSD and on Chat Banking and transact.
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UBA Teens Account

As they grow into young adults, a certain level of freedom is needed to help them grow and build their individuality.

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.

  • – Opening balance is UGX 5,000
  • – Monthly management fees – FREE
  • – Minimum balance –UGX5,000
  • – Cash deposit fees – Free
  • – Cash withdraws – FREE
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  • – A valid means of ID (National ID of parent) passport for non-Ugandans.
  • – Passport photograph
  • – Opening balance of UGX 5,000
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  • – 3 free withdraws per month, above which one month’s interest is forfeited.
  • – Free Over the counter withdrawals
  • – Convenience: Easy access to client’s funds in convenient and accessible channels.
  • – Rewarding: Customers will enjoy 50% discount on the debit card.
  • – Culture cultivation: Parents will entrench within their children a savings culture and prudent personal financial management.
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LOCATE A BRANCH

UBA Target Savings Account

For bank customers saving towards a specific goal/achievement/ambition.

  • – Opening balance is UGX 50,000
  • – Monthly management fees –Free
  • – Minimum balance –UGX50,000
  • – Cash deposit fees – Free
  • – Cash withdraws below UGX 5,000,000- UGX10,000
  • – Cash withdraws above UGX 5,000,000- UGX10,000
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  • – A valid means of ID (National ID) passport for non-Ugandans.
  • – Passport photograph
  • – Opening balance of UGX 50,000
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  • – No Monthly card management fees
  • – Assist and enhance Personal/business transactions of customers.
  • – Access to credit to enhance business
  • – Tiered Interest from 3% up to 5.5% per annum.
  • – 3 withdraws per month, above which one month’s interest is forfeited.
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  • – Salary earners
  • – Professionals
  • – Traders
  • – Students
  • – All other individuals
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LOCATE A BRANCH

UBA General Savings Account

UBA General Savings Account is an account that enables holders to save money regularly and allows for instant cash withdrawals without notice or charges.

  • – Opening balance is UGX 25,000
  • – Monthly management fees –UGX 2,500
  • – Minimum balance –UGX15,000
  • – Cash deposit fees – Free
  • – Cash withdraws below UGX 3,000,000 – UGX3,000
  • – A valid National ID or passport for non-Ugandans
  • – Passport photograph
  • – Opening balance (with an ATM card): UGX 25,000
  • – Allows direct deposits and cash transfers from your current account into your savings account.
  • – Allows Network transactions from any of our business offices nationwide.
  • – Allows lodgement of dividend warrants & cheques into your accounts (conditional)
  • – Debit card for ATM, Internet & POS transaction
LOCATE A BRANCH

UBA Salary Savings Account

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

  • – Opening balance is UGX 25,000
  • – Monthly management fees: UGX 2,000
  • – Minimum balance: UGX 10,000
  • – Cash deposit fees – Free
  • – 1 Free over the counter withdraw per month after which 3,000/= charged for transactions below UGX 3,000,000
  • – ATM withdraws: 700
  • – Salary processing: UGX2,500
  • – Account closure UGX 20,000
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  • – A valid form of ID (National ID)
  • – 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)
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  • – Access to Loans
  • – Free online Business workshops to help your side hustle.
  • – Unlimited transactions
  • – A contactless Debit Card
  • – Real-Time SMS alerts
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LOCATE A BRANCH

UBA Freedom Savings Account

An account designed for individuals with need of normal receipt and payment of funds, Access to credit to enhance business. UBA savings account is an account that enables holders to save money regularly and allows for instant cash withdrawals without notice or charges.

  • – Flexible to deposit and withdraw
  • – Comes with an ATM card
  • – Free electronic alerts
  • – Statements: One free monthly statement, UGX5,000 per page for any additional statement during the month.
  • – Monthly management fees UGX 2,500
  • – Account closure fees UGX 20,000
  • – Passport photograph
  • – A valid National ID/ passport for non-Ugandans.
  • – Account opening balance: UGX 20,000
  • – Minimum Operating balance: UGX 5,000
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  • Designed for business people with need of normal receipt and payment of funds
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UBA Bumper Savings Account

It is for Middle Class adults (18yrs and above) willing to transact on our electronic platforms at no cost.

  • – Opening balance is UGX 10,000
  • – Monthly management fees – UGX 2,500
  • – Minimum balance –UGX10,000
  • – Cash deposit fees- Free 
  • – A valid means of ID (National ID) passport for non-Ugandans.
  • – Passport photograph
  • – Opening balance of UGX 10,000
  • – Convenience: Easy access to client’s funds in convenient and accessible channels
  • – Safety: Customers are assured of safety of their funds when saved in the bank.
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LOCATE A BRANCH

UBA Joint Savings Account

A joint savings account acts as a regular savings account, however, two owners have equal access.

  • – Making deposits and withdrawals.
  • – Setting up Online Banking and Mobile Banking profiles.
  • – Receiving account alerts.
  • – Couples
  • – Children and elderly parents
  • – Parents and dependent children
  • – Save up for shared goals, such as buying a house.
  • – Both partners can directly deposit money into the account.
  • – No need to transfer money between individual accounts.
If you’re opening a new account.
  • – Valid National ID or Passport (non nationals) for both parties.
  • – Passport sized photos for parties.
  • – All joint signers should be present at the branch when opening account.
If you’re adding a joint owner to an existing account.
  • – Visit your UBA branch with the person you want to add to your account.
  • – Valid National ID or Passport (non nationals) for both parties.
  • – Passport sized photos for both parties.
LOCATE A BRANCH

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, Leo ChatBanking and ATM)

Current Account

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Digital Banking

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Cards

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