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UOB FunSavers Account for KidsUOB FunSavers Account for Kids

UOB FunSavers Account

Give your child a headstart in life by opening an account with only RM1.

Benefits at a glance

Earn attractive interest on your savings

Earn attractive interest on your savings

Enjoy interest rate as high as a 1-month Fixed Deposit rate with returns calculated on a daily basis and is credited into your account twice yearly

Passbook-based to monitor your child's savings growth

Passbook-based to monitor your child's savings growth

Once your child turns 18, the account can be converted to a regular statement-based savings account

You may open a UOB FunSavers Account at any of our branches today or send us your enquiries and we will get back to you soon

You may open a UOB FunSavers Account at any of our branches today or send us your enquiries and we will get back to you soon

Things you should know

What are the eligibility criteria and fees?
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You must meet the following requirements:

  • Aged 18 years and below
  • Malaysian citizen or permanent resident
  • The account can be opened individually or jointly
  • Accounts for children below 12 years old must be held in trust by a parent or legal guardian

For full details, refer to the fees and charges.

Please provide the following documents:

  • Child: Original birth certificate and MyKid
  • Parent/Guardian: Original Identity Card (IC)
  • Supporting document showing your name and address, such as a utility bill (e.g. water, electricity, or telephone bill), quit rent, assessment note, bank statement, or employer’s confirmation letter)
  • Minimum initial deposit: RM1

UOB is a member of PIDM.

UOB Fun Saver Account is protected by PIDM up to RM250,000 for each depositor.

Terms and conditions apply : ENG | BM