UBA Rewards Loyal Savers With N400m Anniversary Bonus

UBA Rewards Loyal Savers With N400m Anniversary Bonus

...Restates commitment to rewarding savers

United Bank for Africa (UBA) Plc has rewarded thousands of customers with more than N400 million in anniversary bonuses under its flagship UBA Bumper Account, in one of the largest customer loyalty payouts since the savings product was introduced.

The bank said the reward underscores its commitment to promoting a savings culture while recognising customers who consistently maintain and grow their deposits.

According to UBA, qualifying customers received the anniversary bonuses directly into their accounts, reinforcing the bank’s strategy of creating long-term value for loyal savers.

The UBA Bumper Account is a retail savings product designed to reward customers for disciplined saving. Eligible account holders receive cash bonuses when their accounts reach each anniversary, in addition to the regular benefits associated with the account.

Speaking on the latest payout, UBA’s Head of Retail Products, Tomiwa Sotiloye, described the milestone as a reflection of the bank’s customer-first approach and its determination to reward loyalty.

He said, “At UBA, we believe customer loyalty deserves meaningful recognition. Every bonus paid is our way of saying ‘thank you’ to customers who continue to trust us with their financial aspirations. Surpassing the ₦400 million milestone reflects our commitment to creating products that not only help customers save but also reward them in tangible ways.”

Sotiloye noted that the initiative demonstrates that the bank is committed to growing alongside its customers, adding that both existing and prospective customers can open a UBA Bumper Account through the bank’s digital platforms, USSD service, online portal or at any UBA branch to qualify for future anniversary rewards.

Also commenting, UBA’s Group Head of Brands, Marketing and Corporate Communications, Alero Ladipo, said the bank remains focused on delivering products that provide measurable value to customers.

According to her, “The UBA Bumper Account reflects our unwavering commitment to putting customers first. We deliberately design products that reward responsible financial behaviour while delivering real value. Crediting over ₦400 million directly into customers’ accounts is not just a payout; it is evidence of our promise to make banking more rewarding.”

The latest reward comes as banks intensify efforts to mobilise retail deposits and strengthen financial inclusion through innovative savings products that encourage long-term financial discipline.

UBA said the Bumper Account remains one of its flagship retail savings offerings, combining digital banking convenience with loyalty incentives aimed at encouraging sustainable savings habits.

The bank noted that the initiative aligns with its broader financial inclusion strategy by making formal savings more attractive to millions of customers while rewarding prudent financial behaviour.

With operations in 20 African countries as well as the United Kingdom, the United States, France and the United Arab Emirates, UBA serves more than 45 million customers through its retail, commercial and institutional banking businesses, leveraging technology-driven solutions to expand access to financial services across Africa.