ubank FAQs

Info on current ubank products

What is the Welcome Bonus Rate and how does it work?

The Welcome Bonus Rate is made up of our Everyday Bonus Rate (which is a variable rate and subject to change) plus a fixed bonus margin (once applied to your Save accounts, this margin won’t decrease for you.

From 19 August 2025, the fixed bonus margin is 0.65% p.a.

After your Welcome Bonus Rate period is over, your Save accounts will roll onto the Everyday Bonus Rate.

For our current bonus rates, click here.

Find the Welcome Bonus Rate terms and conditions here.