ubank launches new bill paying account
It’s not often we see a new trend in bank accounts, but this could be one to watch. Ubank, Australia’s first homegrown digital bank, has just launched its new Bills Account.
Designed to help Aussies pay bills, this account acts like a dedicated transaction account alongside your Spend and Save accounts. Simply stash the cash you need to pay monthly bills then spend knowing you won’t get caught short.
Banks have been thinking of ways to bust bills for a while. Some of the snazziest features from digital banks include bill reminders, trackers, and automatic payments. Ubank’s Bills Account combines all of these and more.
So, what do you need to know?
Perks of ubank’s Bills Account
Here are some of the useful upsides of ubank’s latest banking feature.
- Free debit card. The Bills Account comes with a debit card for direct debit bills. Add the debit card to digital wallets like Apple Wallet, Samsung Pay, and Google Pay for extra convenience.
- Bill planner. Ubank will track and add up your bills, so you know how much you have to set aside every month.
- No ongoing, upfront, or dishonour fees. It can be rare to find a low-fee account, but ubank doesn’t charge ongoing or upfront fees on the Bills Account. Plus, there are no dishonour fees if you accidentally overdraw the Bills debit card.
- Easy budgeting. Having a dedicated transaction account just for bills can be super convenient – the “set it and forget it” budgeting method. Simply set aside the money you need to meet your bills.
- Can be used as an offset account. Have a ubank home loan? Your bill-paying account won’t earn you regular savings interest, but it can count as an offset account, which saves your interest on your mortgage.
There are a few downsides to know. The ubank Bills Account isn’t a shared account, so you can’t split bills with your partner unless you both put money in, and it isn’t a savings account, so you won’t earn interest.
However, for ubank fans, the Bills Account is certainly a perk to check out.
ubank Spend Account
- No domestic ATM, international ATM or transaction Fees
- App to help track your spending with insights and predictions
- 2023 Mozo Experts Choice Exceptional Everyday Account Award Winner
The ubank spend account is an everyday bank account and money management tool all rolled into one. The account has no monthly, online payments, or overseas fees, making it a great option when travelling.
You can use the account with all the main digital payment methods (Apple, Google, Samsung, Fitbit and Garmin Pay) and access ATMs or payments via a physical card.
The app helps you to track upcoming expenses and bills and gives visibility to your spending so that you can avoid any late fees. It also lets you connect accounts with other banks so that you have a single view of your finances.
Plus, this everyday account won a Mozo Experts Choice Bank Account Award in 2023.
For more fintech recs, check out our best budgeting apps roundup. Compare bank accounts in the table below.
Compare savings accounts
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Everyday Account
$0.00
Apple Pay, Google wallet
0% p.a.
In addition to $0 monthly account-keeping fees and 24/7 real human support, you can turn your everyday banking into Qantas Points. Link your Qantas Frequent Flyer account to your AMP Bank Everyday Account, in the new AMP Bank app and earn 1 point for every $10 on your average monthly balance. T&Cs apply.
CompareCompareEveryday Account
In addition to $0 monthly account-keeping fees and 24/7 real human support, you can turn your everyday banking into Qantas Points. Link your Qantas Frequent Flyer account to your AMP Bank Everyday Account, in the new AMP Bank app and earn 1 point for every $10 on your average monthly balance. T&Cs apply.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google wallet
- interest rate
- 0% p.a.
- ATM networks
- ANZ, CBA, Westpac and atmx branded ATMs in Australia
- What kind of card?
- Debit Mastercard
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited free online app transactions and withdrawals from network ATMs.
Read reviews and learn more about AMP Bank bank accounts
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Mozo experts choice awards won:
- Exceptional Everyday Account - 2025
- Travel Debit Card - 2025
Everyday Edge Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0% p.a.
This bank account has no account keeping fees to pay. There are unlimited fee-free domestic transactions. Safe and secure digital banking. Fee-free card purchases and cash-out transactions in-store. Free access to thousands of ATMs nationwide. For customers 18 or over.
CompareCompareEveryday Edge Account
This bank account has no account keeping fees to pay. There are unlimited fee-free domestic transactions. Safe and secure digital banking. Fee-free card purchases and cash-out transactions in-store. Free access to thousands of ATMs nationwide. For customers 18 or over.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
- interest rate
- 0% p.a.
- ATM networks
- -
- What kind of card?
- Visa Debit or
EFTPOS
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited free transactions from counter deposit, phone, internet and EFTPOS. Free counter withdrawals.
Read reviews and learn more about Great Southern Bank bank accounts
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Choice
$5.00$0 monthly account fee for 12 months when you open an account by 30 May 2025. Account fee is also waived for customers that deposit at least $2,000 per month.
Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, Digital Card
0% p.a.
Enjoy no monthly account-keeping fees for the first 12 months, for deposits of $2,000 a month or for eligible customers. No withdrawal fees at branded and select non-branded ATMs. No international transfer fees when sending foreign currency overseas via Online Banking or the Westpac App. Unlimited free transactions and account enquiries.
CompareCompareChoice
Enjoy no monthly account-keeping fees for the first 12 months, for deposits of $2,000 a month or for eligible customers. No withdrawal fees at branded and select non-branded ATMs. No international transfer fees when sending foreign currency overseas via Online Banking or the Westpac App. Unlimited free transactions and account enquiries.
- account fee
- $5.00$0 monthly account fee for 12 months when you open an account by 30 May 2025. Account fee is also waived for customers that deposit at least $2,000 per month.
- Payment Options
- Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, Digital Card
- interest rate
- 0% p.a.
- ATM networks
- Westpac, St.George, BankSA, Bank of Melbourne
- What kind of card?
- Debit Mastercard
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited free transactions from internet, phone, network ATMs, EFTPOS, BPAY, branch deposits and withdrawals, and cheque.
Read reviews and learn more about Westpac bank accounts
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Everyday Global Account
$0.00
Apple Pay, Google Pay
0% p.a.
Enjoy $0 monthly account fees and international fees, with no minimum deposit or balance requirements. Buy, hold and spend in 10 currencies (AUD included) and earn 2% cashback for purchases under $100 (T&C’s apply). Mozo's Experts Choice 2025 winner for Exceptional Everyday Account.^
CompareCompareEveryday Global Account
Enjoy $0 monthly account fees and international fees, with no minimum deposit or balance requirements. Buy, hold and spend in 10 currencies (AUD included) and earn 2% cashback for purchases under $100 (T&C’s apply). Mozo's Experts Choice 2025 winner for Exceptional Everyday Account.^
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay
- interest rate
- 0% p.a.
- ATM networks
- HSBC
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited free transactions from HSBC ATMs, EFTPOS, phone, internet, BPAY and direct debits
Read reviews and learn more about HSBC bank accounts
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Orange Everyday
$0.00
Apple Pay, Google Pay, PayID, PayTo
0% p.a.
ING’s Orange Everyday bank account offers no monthly fees and 1% cashback on eligible utility bills up to $100 (T&Cs apply). Experts Choice Awards Highly Commended Everyday & Savings Bank 2025^
CompareCompareOrange Everyday
ING’s Orange Everyday bank account offers no monthly fees and 1% cashback on eligible utility bills up to $100 (T&Cs apply). Experts Choice Awards Highly Commended Everyday & Savings Bank 2025^
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, PayTo
- interest rate
- 0% p.a.
- ATM networks
- None
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Access 1% cashback on eligible utility bill payments (up to $100 per financial year), rebates on ATM fees for the first 5 fee incurring withdrawals (domestic). When you deposit at least $1,000 from an external bank account and make at least 5 card purchases using your ING debit card each month.
Read reviews and learn more about ING bank accounts
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^See information about the Mozo Experts Choice Bank Account Awards
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