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You'll enjoy:
- A statement-based savings account with attractive interest rates
- Peace of mind with FREE insurance coverage – up to 100% of your deposit balance*
- A UOB ATM card with NETS and PLUS facilities
- Access to your Junior Savers Account through our UOB Personal Internet Banking and our 24-hour phone banking service
- Hassle-free monthly funds transfers to your child's Junior Savers Account from your account with UOB or with other financial institutions. To enjoy this service, please complete the Inter-Bank GIRO Collection Standing Order Arrangement Application Form (PDF: 67KB) and mail it back to us (you can print out the Business Reply Envelope directly on an envelope or print, then cut and paste on an envelope)
- An account that will grow with your child. When your child reaches age 21, the account will be automatically converted to a regular statement-based savings account
- Free Life Insurance Coverage*
- To qualify, you must maintain an average daily balance** of S$3,000 per month over the past six months or since the account is opened, whichever period is shorter
- The Portfolio Insurance cover is paid as a percentage of the average daily balance** in the Junior Savers Account at the point of parent's death or total permanent disability
- Insurance coverage is based on the following deposit balance tiers:
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Deposits Balance Tiers
(based on average
daily balance)**
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Coverage Amount
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S$3,000 - S$9,999.99
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50%
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S$10,000 - S$49,999.99
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70%
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S$50,000 & above
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100%
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* Insurance terms and conditions apply
** average daily balance refers to the average daily balance per month for the past six months or since account opening, whichever period is shorter
What are the requirements?
- Account must be opened as a Joint account with the parent
- Your child must be aged 16 and below
- An initial deposit of S$500
How much does it cost?
- A S$2 minimum balance fee will be charged if your average daily balance for the month falls below S$500
How do I apply?
- Click here to print out the application form & apply now.
- Please bring your identity card and your child's original birth certificate
- Your child need not be present during account opening
Important information on the use of UOB accounts and services:
Where can I get more information?
- Call us at 1800 222 2121 (24-hour, toll-free)
- Email us
Singapore Dollar deposit(s), as listed in the UOB Register of Insured Deposits (a copy of which is available here), if held by or for an “insured depositor” and subject to the applicable provisions of the Deposit Insurance Act 2005 of Singapore (the “Act”), is insured under the Deposit Insurance Scheme up to the limits for the time being specified in the Act. (“Insured depositor” has the meaning prescribed in the Act.)
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