UBUK offers the following savings accounts for you to keep your money safe:
- Statement Savings
- Passbook Savings
- Super Saver Statement Savings
- Super Saver Passbook Savings
- High Yield Passbook Savings
- Special Statement Savings
- Special Passbook Savings
Statement Savings
An easy way to save for tomorrow
- Low minimum opening deposit: £100
- 24-hour ATM card access
- Receive monthly statements for recordkeeping and reconciliation
- Combined statement is free; you can archive documents and have the ability to see all your UBUK accounts on one statement
- Earn interest every day; compounded daily so you can earn more interest
- Interest is credited monthly
- No fee when average daily ledger balance is £500 or more; £3 per month if below £500
Passbook Savings
Keep a personal passbook with up-to-date transactions and balances
- Low minimum opening deposit: £100
- Passbook issued for easy recordkeeping
- Earn interest every day; compounded daily so you can earn more interest
- Interest is credited monthly
- No fee when average daily ledger balance is £500 or more; £3 per month if below £500
Super Saver Statement Savings
Earn higher interest than a regular Statement Savings account
- Minimum opening deposit: £2,000
- Earn higher interest than regular savings accounts
- 24-hour ATM card access
- Receive monthly statements for recordkeeping and reconciliation
- Combined statement is free; you can archive documents and have the ability to see all your UBUK accounts on one statement
- Earn interest every day; compounded daily so you can earn more interest
- Interest is credited monthly
- Free access to your money any time at any UBUK ATM
- No fee when average daily ledger balance is £2,000 or more; £8 per month if below £2,000
Super Saver Passbook Savings
Keep a personal passbook and earn higher interest than a regular Passbook Savings
- Minimum opening deposit: £2,000
- Earn higher interest than regular savings accounts
- Earn interest every day; compounded daily so you can earn more interest
- Interest is credited monthly
- Free access to your money any time
- Passbook issued for easy recordkeeping
- No fee when average daily ledger balance is £2,000 or more; £8 per month if below £2,000
High Yield Passbook Savings
Keep a personal passbook and earn higher interest than Super Saver Passbook Savings
- Minimum opening balance: £10,000
- Free access of your money any time
- Passbook issued for easy recordkeeping
- Earn interest every day, compounded daily so you can earn more interest
- Interest is credited monthly
- Earn high interest rate every day when your account balance is £10,000 or more. When your account balance falls below £10,000, regular passbook savings account interest rate will apply for that day’s balance
- No monthly fee when average daily ledger balance is £500 or more; £3 per month if below £500
Special Statement Savings
For seniors and students who want an easy way to save
- Eligible for seniors (over 62 years old) and students to enjoy
- Low minimum opening deposit: £100
- 24-hour ATM card access
- Receive monthly statements for recordkeeping and reconciliation
- Combined statement is free; you can archive documents and have the ability to see all your UBUK accounts on one statement
- Earn interest every day; compounded daily so you can earn more interest
- Interest is credited monthly
- No transaction charge
- No fee when average daily ledger balance is £100 or more; £3 per month if below £100
Special Passbook Savings
For seniors and students who prefer to keep a personal passbook for recordkeeping
- Eligible for seniors (over 62 years old) and students to enjoy
- Low minimum opening deposit: £100
- Passbook issued for easy recordkeeping
- Earn interest every day; compounded daily so you can earn more interest
- Interest is credited monthly
- No fee when average daily ledger balance is £100 or more; £3 per month if below £100