UBank Savings account reviews
Overall rating
8.5/10
Price
9.1/10
Features
7.7/10
Customer service
8.0/10
Convenience
7.8/10
Trust
8.3/10
Based on 676 reviews as rated by the Mozo community.
Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the month from an external source.
Excellent account with one of the higher interest rates I've encountered. Being able to set savings goals through the app is helpful, and the fact that UBank is backed by one of the big banks is very reassuring. The Sweep function is useful but it would be good if there were was an option to turn it off.
UBank offer a good interest rate and your money is available on call.
Best interest rate savings account, very convenient and easy to use.
UBank offers the highest interest for savings account but sometimes it's hard to get customer service without having a physical branch.
Always had great experience with Ubank. Only con was when they added cards to accounts. I liked the fact it was purely an online bank originally. But apart from that, it's been great!
Ubank have no account keeping fees and have the highest interest rates for saver accounts in the market (excluding banks with introductory 1-3 month boosted interest rates).
The customer service within the branch is fantastic. The staff who greet you are incredibly knowledgable and always know where to direct you and aim to get you served as soon as possible. The online banking portal "Netbank" is simple to use and incredibly cohesive. I have multiple accounts and travel cards and they have made it so easy for funds to be transferred between each of these.
Interest rate is great ensures that I keep money in the bank. Can access help through partner bank nab if needs be. Encourages saving
They have had brilliant rates (when interest rates were high) but they aren't quite as competitive at the moment. Nonetheless, they give better returns than the big 4, and the online interface is pretty easy to use.
Best savings account with high interest rates and no frills service.
Great interest rate, no frills products which are simple to understand.
Good interest rates comparatively. Easy to use.
They have the best ongoing rate (unlike other providers where the rate drops after 3-6 months), all you need to do is transfer $200 a month into the account (just set up a direct monthly transfer). Backed by a big 4 bank. Easy way to earn good interest.
USaver online account offers a higher deposit rate than the big banks, even though UBank is backed by NAB.
Haven't had any issues with this bank. I love it. I was disappointed when they went from completely online savings, to having a card attached to my account. the only reason i signed up for it initially was specifically because I knew that it was almost impossible to touch the money when I was out and about.
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Bonus rate for the first 4 months from account opening on the first $250,000 deposited. For new Saver customers only.
Grow your balance by $200 or more and make no more than one withdrawal in the month.
Deposit $1,000 into a CUA transaction account from external source in the month.
Bonus rate for the first 4 months from account opening
Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the month from an external source.
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