Union Bank
UnionSave More
- ₦2,500 minimum account opening balance
- ₦1,000 daily minimum operating balance
- Maximum single deposit of ₦50,000
- Maximum daily cumulative balance of ₦300,000
Interest Rate: |
7.95% |
Min. Opening Deposit: |
₦2,500.00 |
Min. Operating Balance: |
₦1,000.00 |
Last Updated: |
Jun 01, 2026 |
Product Review
Expert Take
Union Bank UnionSave More scores 4.0 out of 5, led by strong withdrawal limits per month. The main tradeoff is cheque lodgement.
| Rating Criteria | Product Value | Score |
|---|---|---|
| Interest rate/APY | 7.950% | 2.8/5 |
| Minimum opening deposit | NGN 2,500.00 | 4.9/5 |
| Withdrawal limits per month | No limit | 5.0/5 |
| Cheque lodgement | Not allowed | 2.0/5 |
| Fees | NGN 0.00 | 5.0/5 |
Review Summary
This UnionSave More from Union Bank has received a rating of 4.0 out of 5 stars. Key advantages include 3 notable benefits. However, there is 1 consideration to be aware of.
Pros
- minimum opening deposit
- withdrawal limits per month
- fees
Cons
- cheque lodgement
Similar Products
Bank Info
NDIC Insured
Secure Online Banking
Updated 1 day, 16 hours ago