based on 875 UBank banking product reviews as rated by Mozo community

UBank

UBank 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. 

UBank now has a range of competitive term deposits, super and savings accounts. And in 2021, UBank took home the title of Australia's Best Online Bank in Mozo's Best Banking awards.

How are UBank banking products rated by the Mozo community?

Rates and fees verified as correct at 16 May 2022. Other information correct at the time of writing. Advertiser disclosure.

Product Type Overall Rating Price Features Service Convenience Trust
UBank term deposits
8.9
7.7
8.0
8.2
8.1
UBank savings accounts
9.1
7.6
7.9
7.7
8.3
UBank home loans
7.5
5.3
4.9
4.6
5.4
UBank bank accounts
8.7
7.0
7.8
7.6
8.6

† Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.