UBank is a division of NAB - one of Australia's largest banks. Even though UBank is part of the National Australia Bank, it's philosophy and brand is unique.
The name says it all - UBank is all about you. Banking with UBank is simpler and better value - so you can concentrate on the important things in life.
UBank offers a new level of online banking and phone service for their direct customers focusing on home loans, savings accounts and term deposits. To keep things simple to understand and hassle free UBank have eliminated any hidden fees, financial lingo and false promises so you’ll be able to administer your savings when it suits you best. Not having a branch network means that UBank has lower costs which can be passed on to customers with very competitive rates.