United Bank for Africa (Ghana) Limited has launched a Mega Savings Promo dubbed the UBA WORLD CUP DOUBLE TRIPLE SAVINGS PROMO. The Double Triple Promo doubles the interest on two months savings and triples the interest on three months savings with UBA. The Double Triple Promo is designed to create excitement for the bank’s products whilst stimulating customer interest in doing business with UBA and rewarding existing customers for choosing UBA. Target Market. The promotion targets customers and non-customers of the bank – Individual Savings Account holders including sole proprietors Mechanics • New customer opens a Savings account with UBA • Deposit a minimum of GHC100 in the Double Triple Savings account • Existing customers top up their savings accounts with a minimum GHC100 to participate in the promo. However, Double or Triple interest will be paid only on the incremental deposit. • Save funds for 60 or 90 days without any withdrawals. • Existing balance before Promo will earn normal interest rate. • The new savings will earn Double or Triple the normal interest if not touched for 60 or 90 days respectively. • The account will automatically be credited with the interest after the 60th or 90th day anniversary depending on the option chosen by the customer. • The top 200 early savers have the unique opportunity of being entered into a draw on June 7 with the first prize being an all expense paid trip for two(2) to watch the Black Stars first three (3) matches at the World. There will also be lots of consolation prizes including flat screen TVs, Fridges, microwave ovens etc. Conditions • Any withdrawal from the account during the Promo will result in the loss of the triple or double interest. The account will revert to a normal account earning a normal savings interest. • However if a customer reverts to the normal account but tops up beyond his closing balance as of July 6 he still qualifies to earn double or triple interest on his incremental deposit if there is no withdrawal for 60 or 90 days. According to the Executive Director of UBA, Mr. Daniel Addo, the UBA Double Triple Savings Promo has the dual objective of rewarding customers and encouraging a savings culture among UBA customers and the public. The Promo lasts from April 6 to July 6, 2010.