Why ubank
Explore how we're different
We’re not like other banks – we’re all about getting you ahead. Think of us as your daily money companion.
It’s okay to see other banks
Connect your accounts from over 140 other financial institutions, to see your money in one place.
With Smart Search to easily find transactions across ubank and connected accounts
Plan for your expenses by tracking your bills in the Bill Planner
Start tracking your bills to see what you’ve got coming up.
Align the view to your Pay Cycle to view expenses pay to pay.
The magic of the Bill Planner will easily show what you’ve got coming up so you can budget and keep money for the good stuff.
Hit all your savings targets, right on the money
We’ll help you smash your goals. Tell us when you want to hit your target and we can show you how to get there one step at a time.
Edit your target at any time and we’ll adjust your plan to get there.
Join us
How to get started with ubank
Start using your Spend and Save accounts in minutes.
1. Download our app
You can download the ubank app on the App Store or Google Play™
2. Enter your code
After you create your login, enter your valid offer code
3. Get rewarded
Score $20 after you make 5 eligible card purchases in your first 30 days
To join us, you’ll need to be over 16 years old and an Australian citizen or permanent resident.
Bonus interest rates
Introducing our bonus interest rates
Your combined savings balance (of all your Save accounts) will fall into different tiers with a corresponding bonus interest rate. The tiers mean that different amounts of your savings will earn different rates depending on which tier they’re in if you meet the bonus criteria.
| Tiers | Bonus rate (p.a.) |
|---|---|
$0 up to $100K | 5.50% |
Over $100K up to $250K | 5.00% |
Rates are variable and subject to change. Interest is calculated on your combined savings balance daily and paid monthly. No interest is payable if the bonus criteria are not met, or on combined savings over $250K. Check out our FAQs to see what makes you eligible for bonus interest.
How it works
Understanding bonus interest tiers
| If you had a combined savings of $50,000 | If you had a combined savings of $100,000 | If you had a combined savings of $150,000 | If you had a combined savings of $200,000 | If you had a combined savings of $250,000 | |
|---|---|---|---|---|---|
$0 up to $100K 5.50% p.a. | $50,000 | $100,000 | $100,000 | $100,000 | $100,000 |
Over $100K up to $250K 5.00% p.a. | $50,000 | $100,000 | $150,000 | ||
Your effective rate is | 5.50% p.a. | 5.50% p.a. | 5.33% p.a. | 5.25% p.a. | 5.20% p.a. |
Disclaimer: When calculating the effective rate we have assumed 31 days in the month, 365 days in the year, and daily balances have remained exact throughout the 31 days. We have assumed you have met the bonus interest criteria.
We’ll help you stay on top of your money
FAQs
Have any questions?
