Click the green tabs to expand the sections. To close a section, just click the green tab again.
UBankUBank is a new direct bank which is backed by NAB, one of Australia’s big four banks. UBank launched in 2008 with a competitive term deposit product, which customers can apply for and manage online. As a direct bank, UBank doesn’t have a branch network but it does have a 24-hour, seven day a week ‘person to person’ phone banking centre for those wanting to speak to a real person. Cost savings are passed onto customers in the form of higher rates and lower fees. Watch this space for new UBank products and services launching in 2009! |
![]() |
|
|---|---|---|
| UBank USaver | ||
| Overall Customer Rating | 8.8#1 BASED ON 54 REVIEWS |
|
| Price Rating | 9.3 | |
| Features Rating | 8.0 | |
| Service Rating | 8.0 | |
| Convenience Rating | 8.2 | |
| Trust Rating | 8.2 | |
| Go to site |
| UBank USaver | ||
| Rates | Balances from $0: 5.75%pa. Balances from $1,000,000: 0.00%pa |
|
| Special Rates | Balances from $0: 5.85%pa. Balances from $150,000: 5.62%pa |
|
| Special Rate Conditions | Must set up an automatic savings plan of $100 or more. Special rate will apply in the months following the first. | |
| Go to site |
| UBank USaver | ||
| Account Fee | $0.00 | |
| Account Fee Waiver | ||
| Free Transactions Per Month | ||
| Network ATM fee | $0.00 | |
| ATM networks | ||
| Other bank ATM fee | $0.00 | |
| Over The Counter Deposit Fee | $0.00 | |
| Over The Counter Withdrawal Fee | $0.00 | |
| Eftpos Fee | $0.00 | |
| Phone Fee | $0.00 | |
| Internet Fee | $0.00 | |
| Cheque Fee | $0.00 | |
| Go to site |
| UBank USaver | ||
| Minimum Opening Deposit | $0.00 | |
| Minimum Balance | $0.00 | |
| Interest Paid | Monthly | |
| Go to site |
| UBank USaver | ||
| Atm Access | No | |
| Daily Atm Withdrawal Limit | ||
| Branch Access | No | |
| Debit Card | No | |
| Cheque Book | No | |
| Phone Banking | No | |
| Internet Banking | Yes | |
| Bpay | No | |
| Australia Post Banking | No | |
| Salary Direct Credit Facility | Yes | |
| Other Restrictions | ||
| Other Benefits | ||
| Go to site |
Overall Rating
10Pricing
10Product Features
10Customer Service
10Convenience
10Trust
10The interest rate is great with no gimmicks. The sign-up process is also easy with no need to send in forms or id. – Scott from Queensland, an UBank savings account customer. Reviewed about 23 hours ago
Overall Rating
8Pricing
10Product Features
8Customer Service
9Convenience
7Trust
7I like the simplicity of the product. – Stirling from New South Wales, an UBank savings account customer. Reviewed 14 days ago
Overall Rating
9Pricing
-Product Features
8Customer Service
9Convenience
10Trust
9online, Competitive & Friendly – Anthony from South Australia, an UBank savings account customer. Reviewed 25 days ago
Overall Rating
10Pricing
10Product Features
10Customer Service
10Convenience
10Trust
9UBank offer competitive rates on their savings accounts and provide many useful tools to help you start saving. – Hai-Vy from Victoria, an UBank savings account customer. Reviewed 29 days ago
Overall Rating
10Pricing
10Product Features
10Customer Service
10Convenience
9Trust
10This is an online savings account with customer service 24 hours a day, any day and its not an indian call centre on the other end of the phone. Its chirpy, happy workers who are working from Australia. Best customer service from a bank! Excellent interest rates, no fees, easy to use website. I recommend this bank to EVREYONE! – karina from New South Wales, an UBank savings account customer. Reviewed 29 days ago
See all UBank savings account reviews
Find more savings accounts by visiting our compare savings accounts page.
Follow Mozo on: