UOB Junior Savers Account

A unique savings account with complimentary life insurance coverage to give your child the best head start in life.


  • Attractive interest rates
  • Complimentary UOB ATM Card with NETS and PLUS facilities
  • 24/7 access to your Junior Savers Account through UOB Personal Internet Banking and 24-hour phone banking service
  • The UOB Junior Savers Account can be converted to a regular statement-based savings account when the child reaches 16 years old at any UOB Group branch.
  • Peace of mind with FREE insurance coverage* - up to 100% of your deposit balance
    • 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 (ie, Insured) death or total permanent disability
    • The insurance covers the insured till age 65 or upon the child reaching 17 years old, whichever comes first
    Insurance coverage is based on the following deposit balance tiers:

    Deposits Balance Tiers (based on average daily balance)**Coverage Amount
    S$3,000 - S$9,999.9950%
    S$10,000 - S$49,999.9970%
    S$50,000 & above100%

    * 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.
  • 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 Application for Deposits Transfer (Inter-bank GIRO Collection) Arrangement and mail it back to us

Fees & Requirements

Apply Now

  • Please bring your identity card / proof of citizenship (if applicable) and your child’s original birth certificate to any UOB Group Branch.
  • Your child need not be present during account opening


Insurance Promotion

Purchase an insurance policy to protect yourself or your child and receive up to S$800 worth of CapitaVouchers*.

*Terms & Conditions Apply.

To find out more, speak to a UOB Personal Banker today.

Book an appointment online for express account opening# 
Visit any UOB/FEB branch         1800 222 2121
# At selected branches only.


More Information

Important information on the use of UOB Accounts and Services

Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Please refer to UOB/FEB Insured Deposit Register for a list of UOB accounts/ products that are covered under the Scheme.