Maximise your savings with minimum effort
- No UBank fees on international purchases
- No monthly fees
- Australia’s Best Savings Bank
USaver + Ultra
Variable interest rate
Variable interest rate
*How to qualify for the 2.10% p.a. bonus rate
Open a USaver savings account and link an Ultra transaction account.
Deposit at least $200 per month
Deposit at least $200 during the month into your Ultra transaction account or its linked USaver savings account from a non-UBank account (for example your salary).
Keep your account balance at $200,000 or less
Maintain a total balance of not more than $200,000 including USaver and Ultra, inclusive of all joint accounts.
More than 500,000 Australian customers
More than 10,000 customers joining every month
Your money is safe
Government Guaranteed deposits up to $250K*
Trusted with more than $16 Billion in deposits
*The Commonwealth Government guarantee applies on deposit balances up to $250,000 per person per authorised-deposit taking institution.
We’re an Australian Bank with more than 200 local support staff
No UBank fees anywhere, in OZ or abroad
Fee-free transactions around the globe, meaning you can shop, eat and explore just like at home
Buying online from overseas
No ATM withdrawal fees at over 10,000 NAB, ANZ, CBA and Westpac Group ATMs
Taking out cash at foreign ATMs
Note: ATM operators may charge you a fee when using their ATM. Plus, physical and online stores may charge you a fee for paying with VISA Debit card (rather than cash).
Join one of the fastest growing Australian digital banks
We’re an online bank and, since we have no branches, we have fewer costs than traditional banks. We pass these savings straight to you by offering great rates backed up with real, Australian based support.
Things you should know
Any advice on this webpage has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice on this webpage, you should consider whether it is appropriate for your circumstances. We recommend that you read and consider the Terms and Conditions for Transaction Accounts, the Terms and Conditions for Savings Accounts and our Financial Services Guide available on our website before making any decision. Our transaction and savings products are issued by UBank. UBank is a division of National Australia Bank Limited ABN 12 004 044 937, AFSL and Australian Credit Licence 230686.
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