Junior Savers Account

Be protected while you start your little ones on their financial journey.

Enjoy peace of mind while watching your child grow up

Free insurance coverage  Enjoy free coverage of up to 100% of your Junior Savers Account deposit balance. The more you save, the more coverage you get.

Free insurance coverage

Enjoy free coverage of up to 100% of your Junior Savers Account deposit balance. The more you save, the more coverage you get.

Grows with your child

Grows with your child

Once your child turns 15, the account can be converted to a regular statements-based savings account.

Earn base interest

Earn base interest

In addition to free insurance coverage, you can also earn daily interest on your savings.

Get started with 3 simple steps

How’s how to enjoy protection as you save with your child.

1) Open your new account

Make an appointment at any of our branches

2) Start saving

Deposit funds into your child’s account and be protected with free insurance coverage

 3) Save more to get higher coverage

The amount of coverage you get is based on a percentage of the account’s average daily balance

Things you should know

Eligibility and fees
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Age
Child: 16 years old and below
The Junior Savers Account must be opened as a joint account with the parent/legal guardian
Fall-below Fee
S$2 if average balance for the month is below S$500
Learn more about account fees and charges.
Min. Initial Deposit
S$500

Important information on the use of UOB Accounts and Services

Terms & Conditions

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$75,000 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$75,000 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 Insured Deposit Register for a list of UOB accounts/products that are covered under the Scheme.

Ready to apply? Book an appointment at one of our branches to open your account.

Ready to apply? Book an appointment at one of our branches to open your account.

    Make banking simpler with these services

    Track your Junior Savers Account on the go

    Use UOB TMRW to view, manage and keep track of all your transactions.

    Get alerts about your account instantly

    Leave the hard work to us! To safeguard your account, UOB Insights will let you know instantly if there are any unusual transactions.

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