United Bank for Africa (UBA) Plc has disbursed more than ₦400 million in anniversary bonuses to thousands of customers under its flagship UBA Bumper Account, reinforcing its commitment to rewarding customer loyalty while encouraging a stronger savings culture across Nigeria.
The latest payout, described as one of the largest since the savings product was introduced, saw eligible account holders receive cash rewards credited directly into their accounts as their UBA Bumper Accounts reached their annual milestones. The initiative is designed to incentivise consistent saving by offering customers financial rewards alongside regular banking services.
The UBA Bumper Account is a retail savings product that provides annual cash bonuses to qualifying customers who maintain and grow their deposits over time. The offering forms part of the bank’s strategy to promote disciplined saving habits and expand access to inclusive financial products. Brandspur Banking News Desk understands that the product remains one of UBA’s key retail banking offerings.
A senior retail executive at the bank said the latest milestone demonstrates UBA’s focus on recognising customers who continue to entrust the institution with their financial goals. According to the bank, rewarding long-term savers remains central to its efforts to deliver tangible value beyond conventional banking services.
UBA also encouraged prospective and existing customers to open or upgrade to a UBA Bumper Account through its digital banking platforms, USSD service, online channels or any branch nationwide to qualify for future anniversary rewards, subject to the product’s terms and conditions.
The bank noted that the Bumper Account combines digital convenience, competitive savings benefits and loyalty incentives as part of its broader financial inclusion agenda.
United Bank for Africa operates in 20 African countries as well as the United Kingdom, the United States, France and the United Arab Emirates, serving more than 45 million customers through its retail, commercial and institutional banking businesses.
