Deposit at least $200 to either Spend, Bills or Save account from an external source each month.
Competitive rates and no fees. User friendly app. Fast transfers. Dislike not being able to speak with customer service if needed, but other than that, an easy to use bank.
Excellent bank to park your savings with a bonus interest of 5.1% if you add $200.00 per month.
I was able to save for a house deposit because of UBank!
Love the app that is so simple to use - money transfer is quick & no fees which is great and more banks should do….
I really like how simple and easy to use the Ubank app is. It is a little bit of a shame that I had forgotton my details/had no access to my old phone number anymore and basically couldnt use my old ubank account anymore, but i really like their ads and ad ons when joining. They have this offer where u refer new members and you get $30 extra in your account after making 3 purchases in the first 30 days of joining. It just makes things fun and the app itself is very pretty and I love the colours. Finally, the physical card is simple and pretty and I love how the card number is printed on the card. It looks simple and its easy to read, and the print does not scratch off or peel away.
Great savings accounts, with no fees. As long as you do a certain amount of transactions a month that is, but that’s easy to meet so I’ve never had any issues with not getting the bonus interest every month. Recommend as either a primary or secondary bank account. Very easy to use online, simple features, and never have any issues.
I love ubank. My only issue is there were problems last year when they decided to change everyones account numbers but did it without notifying customers. This left us frustrated and unable to access our savings for a period of time. Aside from this I have had no issues and would recommend them.
Let's start with the most important things for a savings account - the interest rate and how you get the bonus interest. UBank offers a reasonably competitive interest rate - not the highest, but very solid. The real advantage of UBank is that all you need to do to get the best rate is to transfer in $200. For me, having to just through fewer hoops is worth the slightly lower rate. Other pros and cons? The app is very easy to use, as is the website which allows you to do more. The bad side of this though is that there are no physical branches, so everything needs to be done online or over the phone. Never having had a problem with them, I can't speak to their phone support. Overall this is a great savings account, particularly if you want an easy way to get a high interest rate each month.
This bank is completely online, but they have made it so easy to use. The set up is incredibly easy to complete, and everything within the app is laid out beautifully and clearly. You can see your total IN and OUT money for the month so you can keep track of your expenses. Their interest rates are also very good.
Fantastic! Easy to use app, great savings interest rates without having to jump through too many hoops
I love Ubank’s easy-to-use app. I keep my savings there, get my nice interest bonus every month. The app is a much nicer experience than any other banking app I’ve used, and I’ve used a lot. Having no physical branches could be a con depending on how you look at it, but for me it’s a pro. In 2023, everything should be able to be done completely online. Ubank is awesome.
Consistently higher interest on savings than the competition. Low minimum of monthly balance increase to qualify for bonus interest. No other conditions to be met, such as minimum number of transactions per month.
I love the ease of use and clear easy to understand policies and benfits, they also have amazing ears to use phone app and high interest rates on savings account. Only downside is no branch so no atm but I rarely would ever need it I use mainly card
Bonus rate for the first 4 months from account opening
Bonus variable rate is available for the first four months.
Intro bonus rate of 5.25% for balances up to $1,000,000 for the first 4 months, reverting to 3.25%. Minimum deposit of $50 and no withdrawals.
Enjoy a bonus rate when you deposit at least $1000 per month with the AMP Saver Account.
Minimum $100 monthly deposit and no withdrawals to earn bonus interest each month.
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