Our term deposits have a lot going for them.
We don’t erode your savings with unnecessary fees – in fact, UBank term deposits have no fees whatsoever.
When your term deposit matures, roll over your full deposit amount (or more) for another term and receive a Loyalty Bonus of 0.10% p.a. on top of the current standard interest rate.
The choice of a 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 or 12-month term for deposits from $1,000 - $2 million.
We appreciate our customers sticking with us, so when your term deposit finishes, roll over your full deposit (or more) into another term and receive a Loyalty Bonus of 0.10% p.a. above the current standard interest rate.
Enter your initial investment to see what you could earn
See how our personal rates stack up against our competitors
|TERM DURATION||INTEREST RATES||WITH LOYALTY BONUS*|
|1 month||0.15% p.a||0.25% p.a|
|2 months||0.20% p.a||0.30% p.a|
|3 months||0.45% p.a||0.55% p.a|
|4 months||0.40% p.a||0.50% p.a|
|5 months||0.40% p.a||0.50% p.a|
|6 months||0.45% p.a||0.55% p.a|
|7 months||0.35% p.a||0.45% p.a|
|8 months||0.35% p.a||0.45% p.a|
|9 months||0.35% p.a||0.45% p.a|
|10 months||0.35% p.a||0.45% p.a|
|11 months||0.35% p.a||0.45% p.a|
|12 months||0.35% p.a||0.45% p.a|
* We appreciate our customers sticking with us, so when your term deposit finishes, roll over your full deposit (or more) into another term and receive a Loyalty Bonus of 0.10% p.a. above the current standard interest rate.
When you invest funds in a UBank Green Term Deposit, NAB will hold at least an equal amount in a pool of lending for projects and assets eligible for certification under the Climate Bonds Standard. This includes lending for wind and solar energy, low carbon transport and low carbon buildings.
UBank Green Term Deposits are certified by the Climate Bonds Initiative (CBI).
See our FAQs here for more information.
With our Green Term Deposit, your savings will be matched to a portfolio of renewable energy projects like wind and solar energy and low carbon buildings.
|U BANKstandard rate||0.15%||0.20%||0.45%||0.40%||0.40%||0.45%||0.35%||0.35%||0.35%||0.35%||0.35%||0.35%|
|U BANKwith loyalty bonus||0.25%||0.30%||0.55%||0.50%||0.50%||0.55%||0.45%||0.45%||0.45%||0.45%||0.45%||0.45%|
|Great Southern Bank||-||-||-||-||-||-||-||-||-||-||-||-|
UBank's 12-months rate is for a Term Deposit with interest paid at maturity. The standard interest rate for our 12-months Term Deposit with interest paid monthly is 0.25% p.a.
Information accurate as at 18 September 2021. Source: CANSTAR
Note: Some rates displayed may include promotional/bonus rates. Competitor rates shown are as notified to CANSTAR during the previous business day.
Financial data provided by Canstar Research Pty. Ltd. AFSL and Australian Credit Licence 437917. See Canstar's FSG & Credit Guide
Once your UBank Term Deposit matures, you have two options.
Rollover your full initial deposit (or more) for another term and be rewarded with the Loyalty Bonus for the new term. You can rollover only part of your initial deposit for another term at the advertised rate, but the Loyalty Bonus does not apply.
Transfer your deposit at maturity to a chosen bank account and close your Term Deposit with us.