Best students bank in Nigeria for savings account will be mentioned clearly for the benefits of improving students’ financial life. It is not lie that students have bountiful needs and as such have a greater chance of falling into the temptation of spending beyond their financial capacity.
Most of the time, these spendings are usually made over things which are no doubt ‘unnecessary’. With the consciousness of this fact then, savings account is advised to be embraced by you (students) in order to wade through the economic challenges that come with being a student in a society as hard as this. However, there are number of banks that are conscious of this students’ condition and thus, have created platforms that would take care of the need for students to survive if they will be wise enough to maximize the opportunities available by efficiently managing a life that saves.
Best Students Bank in Nigeria for Savings Account.
Here are the list of each of the best students bank in Nigeria for savings account specially for you to take chances of. Some of the banks have been linked directly to their online website where the students savings account has been clearly explained. All you need to do is click on each of them:
1. Guaranty Trust Bank
2. First City Monument Bank
3. United Bank of Africa
UBA Student Account is your first step towards financial independence. If you are an undergraduate between the ages of 16 to 25, this account is designed to help you make the most of your money. It allows you to spend anywhere in the world with our UBA cards on ATM, POS & Online. And with the online package, you can bank whenever you want, pay bills and send money quickly, easily and securely, 24 hours a day on any of our digital channels.
Requirements to Open this Account:
- Go to the bank with important credentials that show that you are student
- Possess an internet enabled Android phone or iPhone
- Fill the account form
- Take your bank to school with you via the mobile app or LEO
- Make quick transfers and payments with or without airtime with our USSD platform.
- Choose from any of custom card products for easy payments on e-channels.
- Enjoy unlimited free Wi-Fi at select UBA campus branches.
- A chance to participate in the UBA campus ambassador program
4. Access bank
5. First Bank of Nigeria
6. Zenith Bank
7. Eco Bank
Eco Bank is also considered the best students bank in Nigeria for savings account because whether you’re saving for a project or have a longer-term goal, it gives you room to you save your money digitally, easily and conveniently with the Eco Bank Student e-Savings Account. The account comes with low banking charges too, if you continue to do all your banking electronically on our e-channels.
Requirements to Open this Account:
Resident
- Completed account opening form
- 1 mandate card [ PDF ]
- A valid proof of Identity of each signatory (current Driver’s License/ National ID/ International passport/ Student ID card-for students)
- Proof of address – utility bills for the 3 previous months/ site visitation report/ certificate of residence/ tenancy agreement
- 2 passport photographs
- Employer’s letter of introduction (for salary account)
- Residence permit – if a foreigner
- Answer questions on “Know Your Customer (KYC) document”
Non Resident
- Completed account opening form
- 1 mandate card [ PDF ]
- A valid proof of Identity of each signatory (current driver’s license/ International passport) – duly notarised
- Proof of address – Utility bills for the 3 previous months/ certificate of residence/ Tenancy agreement/ Credit card statement – duly notarised
- 2 passport photographs
- Employer’s letter of introduction / payslip/ tax clearance certificate/ bank statement – duly notarised
- Answer questions on “Know Your Customer (KYC) document”
Country specific additional requirements
- Proof of earnings (Senegal, Central African Rep.(CAR), Chad)
- Tax Identification Certificate (The Gambia)
- 2 References (Nigeria)
- Alien ID in place of residence permit (Kenya)
- 2 letters of introduction (Kenya)
- PIN certificate (Kenya)
- National Health Insurance Card as form of ID (Ghana)
- Student “Supplementary form” or “Admission form” as a form of identification for students individual account (Ghana)
- Thumb print of the authorized signatories of the accounts – Mandate Card (Tanzania)
8. Diamond Bank
9. Fidelity Bank
The Fidelity Student Savings Account is designed for customers between the ages of 13 and 23 and this account is the perfect solution for students who want to earn money on their balance with a competitive interest rate. Also, you can conveniently link your Student Savings account to your Student and Student Plus account for overdraft protection to save you money. Fidelity Bank’s Student Savings customers enjoy free online banking, mobile banking with mobile deposit, and online statements.
Requirements to Open this Account:
All you need to do as a student is walk up to the bank and get yourself registered with your complete student document.
10. City Bank
