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- Spend Account
Spend Account
- 2024 Award Winner
- App banking
- Online banking
- Visa debit card
Monthly fee
$0
Maximum interest rate
Spend Account
- 2024 Award Winner
- App banking
- Online banking
- Visa debit card
Monthly fee
$0
Maximum interest rate
Pros and Cons
For Spend Account
Benefits
- $0 account keeping fee
- Linked Visa debit card
- App banking available
- Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay available
- No overseas ATM withdrawal fee charged by ubank
- No currency conversion fees for foreign currency transactions
- Send money using PayID
- Winner of Best Bank Account, RateCity Gold Awards 2024
Drawbacks
- This is a digital only product; branch and phone banking not available
ubank Rate Bank Account overview
For Spend Account
Account details
Minimum opening amount
$0
Min. age restrictions
16 years old
Minimum balance
Max. age restrictions
N/A
Interest calculation frequency
N/A
Interest payment frequency
N/A
Features
Linked account
Send money using PayID
Joint application available
Free international account transfer
Foreign currency
Target Market Determination
Visit ubank to view Target Market Determination.
Methods of access
Internet banking
ATM access
Phone banking
EFTPOS facility
Branch access
Cheque services
App
App only
Fee details
Monthly fee
$0
Min. deposit for fee free
N/A
ATM & EFTPOS fees
ATM withdrawal fee
$0
Other bank ATM withdrawal fee
Daily ATM withdrawal limit
$2,000
EFTPOS fee
$0
Overseas fees
Overseas ATM withdrawal fee
$0
Overseas eftpos fee
$0
Foreign transaction fee
$0
Other transaction fees
Phone transaction fee
N/A
Internet transaction fee
$0
Counter withdrawal fee
N/A
Free counter transactions
Counter deposit fee
N/A
Cheque fee
N/A
Cheque dishonour fee
N/A