8.4 / 10

based on 854 reviews as rated by Mozo community

UBank savings accounts

One way to maximise your savings is by choosing the right savings account for your needs, and as consistent high performer, UBank could be a great choice.

UBank wants to help their customers save money by offering a range of accounts. Want to make sure you're making the right choice? You can see how they compare to the rest by checking out our comparison page.

UBank offers the following savings accounts

Rates and fees verified as correct at 23 January, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee
USave

0.10% p.a.(for $0 to $5,000,000)

No Current Offer

Yes up to $250,000

USave with USpend Transaction Account

0.10% p.a.(for $0 to $5,000,000)

1.10% p.a. (for $0 to $250,000)

Yes up to $250,000

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How are UBank savings accounts rated?

Mozo users have rated UBank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
UBank savings accounts
Overall
8.5/10
Price
Features
Customer service
Convenience
Trust

699 Reviews

Recent UBank savings account reviews

UBank USave with USpend Transaction Account review
Overall 10/10
Easy to use.

I like this bank because it is so easy to sign up to and easy to use the app. The bonus interest is really good as well.

Read full review

I like this bank because it is so easy to sign up to and easy to use the app. The bonus interest is really good as well.

Price
9/10
Features
10/10
Convenience
10/10
Trust
9/10
Less
Kellie, Victoria, reviewed 4 days ago
UBank USave with USpend Transaction Account review
Overall 8/10
No frills, simple with a reasonable interest rate

Interest rate is better than most banks, while there is a requirement to transfer a minimum amount each month to access the higher interest rate, there is no requirement to keep it there.

Read full review

Interest rate is better than most banks, while there is a requirement to transfer a minimum amount each month to access the higher interest rate, there is no requirement to keep it there.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
7/10
Trust
7/10
Less
Sheila, Western Australia, reviewed 2 months ago
UBank Savings Account review
Overall 10/10
Excellent app and online use.

Easy to use online format.

Read full review

Easy to use online format.

Price
10/10
Features
10/10
Customer service
9/10
Convenience
10/10
Trust
10/10
Less
Kayla, Victoria, reviewed 4 months ago
UBank USave review
Overall 8/10
Good but would like more access on weekend's

Easy sign up and website. I would like to be able to do more on the weekend.

Read full review

Easy sign up and website. I would like to be able to do more on the weekend.

Price
10/10
Features
7/10
Customer service
4/10
Convenience
5/10
Trust
10/10
Less
Garry, Victoria, reviewed 5 months ago

Savings account quick links