UBank

USaver Reach

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. 

$
Company UBank
Maximum Interest Earned $15.67 per month
Total Interest Earned $1,032.09
Advertised Rate 3.76%
Maximum Rate 3.76% No end date
Bonus Conditions N/A
Indicative Age Restrictions <29 yrs
Account Keeping Fee $0
Minimum Opening Deposit $0
Cheque Deposit Fee N/A
Reporting Options Combined
Star Rating Online Saver Not Rated
Star Rating Bonus Saver Not Rated
Star Rating Junior Saver Not Rated

Product Features

Does this account allow transactions via an ATM?
Does this account allow transactions via an EFTPOS facility?
Whether this account offers a facility to pay bills using Bpay?
If this account allows transactions online
Whether this account offers access to telephone banking
Whether a cheque book is offered with this account
If this account allows you to process transactions at a branch
If this account allows you to directly deposit your salary

Maximum rate includes base rate plus bonuses, if applicable. Interest Earned is indicative only, and based on the the maximum interest rate for this product over a one month period. Conditions may apply in both instances.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.

Find out more about our information service