Savings account

Save account

Current savings rate from UBank. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.

Save account

View on bank website ↗ 16+
5.10% p.a.
ongoing rate
Rate breakdown
Base rate: 0.00%
Bonus rate: + 5.10%
How to earn it

Grow your combined balance across all your Save accounts by at least $1 each month (excluding balances used to offset a Ubank home loan).

Bonus rate applies on balances up to $1,000,000

Introductory rate
5.85% for 4 months

Then reverts to 5.10% ongoing rate.

Rate current since 29 May 2026.

What to know

This page focuses on the ongoing rate: 5.10% p.a. That is the rate after any honeymoon period ends.

To earn the full rate, you need to meet these conditions: Grow your combined balance across all your Save accounts by at least $1 each month (excluding balances used to offset a Ubank home loan).

If you miss the conditions in a given month, you earn only the base rate: 0.00% p.a.

The bonus component is capped at $1,000,000.

Eligibility: minimum age 16 .

Get alerted when this rate changes

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The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.

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