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Decide which USaver product is best for you
Over 18 years old
18-29 years old
Base variable rate
2.31% p.a. *
Enter in your savings target and the amount you will regularly contribute to find out when you can expect to reach your goal
|Institution||Product||Maximum Interest rate p.a.||Standard Variable rate p.a.|
|UBank||USaver with Ultra||3.37%||2.31%|
|Commonwealth Bank||NetBank Saver||2.85%||1.85%|
|ING DIRECT||Savings Maximiser||3.50%||2.25%|
|RaboDirect||High Interest Savings- Personal||3.50%||2.55%|
|Suncorp Bank||Everyday Options Sub-account||2.20%||2.20%|
Information accurate as at 29 August 2015. Source: CANSTAR
Note: Some rates displayed may include promotional/bonus rates. Competitor rates shown are as notified to CANSTAR during the previous business day.
Rates shown above are the nominal interest rates for amounts of $1,000. Interest is generally calculated daily and payable monthly, however, this may vary from institution to institution.
The USaver with Ultra maximum interest rate includes the Ultra Bonus rate. To be eligible to receive the bonus rate in any month you must, in the previous month, have deposited at least $200 to your USaver or USaver Ultra from an external source and maintain a total balance of not more than $200,000 across all of your USavers / USaver Ultra (inclusive of all joint accounts).
The maximum interest rate of other financial institutions may include introductory rates that apply for a certain period of time and bonus rates (such as loyalty or savings bonuses) that apply after satisfying certain criteria. For terms and conditions of introductory and bonus rates, refer to each provider's websites.
Financial data provided by Canstar Research Pty. Ltd. AFSL and Australian Credit Licence 437917. See Canstar's FSG & Credit Guide
Don't just take our word for it. Here's what our customers have to say ...
UBank ... You beauty!
UBank offers a great rate of interest, compared to other financial institutions and it's a breeze to monitor your account.
Terrific accounts ... would recommend to everyone
I have had a UBank account since they were first introduced.
Now I have linked a new UBank Ultra to the first account. And am very impressed to be able to have ATM and Eftpos access as well, on top of receiving high interest rates. The person who thought up the idea of the Sweep system is brilliant.
Great products and rates. The automatic savings bonus is a nice incentive to save and it's nice to be able to call up and speak to a human.