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ubank · Savings account

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Save account

Pays 5.10% p.a. total (0.00% base plus 5.10% bonus) as of 17 September 2026. Ranks 33rd of 93 savings accounts tracked by BankMate, 0.24 points above the average of 4.86%. The rate last rose on 13 May 2026, 7 days after the RBA raised the cash rate to 4.35%.

5.10%p.a.

0.00% base + 5.10% bonus · bonus up to $1,000,000 · unlimited withdrawals · variable

Intro rate5.85%for 4mo
Go to ubank

Rate over time

Total rate, conditions met
  • Save account
  • RBA cash rate
  • Market average
4.004.505.00MarMayJulToday5.10% p.a. today

Position among 93 accounts

By month, end of month
  1. Feb 2026: ranked 17 of 46
  2. Mar 2026: ranked 23 of 74
  3. Apr 2026: ranked 29 of 88
  4. May 2026: ranked 23 of 91
  5. June 2026: ranked 29 of 91
  6. July 2026: ranked 31 of 92
  7. Aug 2026: ranked 31 of 92
  8. Sept 2026: ranked 33 of 93
Feb 2026This month

In the top 50% for every one of the last 8 months.

Changes

2 on record since 1 Mar 2026
  1. 4.85 → 5.10Bonus rate · 7 days after the RBA rise to 4.35%
    +0.25
  2. 4.60 → 4.85Bonus rate · 7 days after the RBA rise to 4.10%
    +0.25

Conditions for the bonus rate

Checked each month
Balance growth
$1/month
Balance range
$0 - $1,000,000
Age
16+ years

On your balance

Saved with your preferences
Interest this year
Each month
Against the average account (4.86%)
Rate by balance
Up to $1M
5.10%
$1M+
0.00%

Notes from savers

to leave a note.