Ubank
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Ubank is an Australian digital banking brand operating as a division of National Australia Bank Limited. It provides spending, bills and savings accounts, shared accounts and home loans. Customers manage their everyday banking through the Ubank app, with features including spending insights and savings targets. Its home lending services support home buyers, property investors and borrowers refinancing existing loans.
| Legal name | National Australia Bank Limited |
|---|---|
| ABN | 12004044937 |
| Ownership group | NAB Group [4]Controlling entity: National Australia Bank Limited |
| Deposit issuer | National Australia Bank Limited [1] |
| Deposit protection | Eligible AUD deposits are covered up to $250,000 per account holder across this issuer, including its other brands. [5] |
| Same issuer brands | NABEligible deposits across these brands share the issuer’s FCS limit. |
| Brand background | Ubank is part of NAB, which issues its banking products [1] |
| Banking access | Online and phone banking without a branch network. [3] |
Savings rates
Compare allRates p.a. at a balance of $699.
| Save account | Visit | 0.00% | 5.35%Ongoing cap: $1M | $1M | 6.25%4 mths | $1M | 4 mths | 0 | - | $1 | 0 | - | - | 16 | - | $0 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Save account (Shared) | Visit | 0.00% | 5.35%Ongoing cap: $2M | $2M | 6.25%4 mths | $2M | 4 mths | 0 | - | $1 | 0 | - | - | 16 | - | $0 | - |
Source: noren.com.au
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Savings products
Save account
A variable-rate savings account. Bonus interest depends on meeting the account’s monthly requirements. An introductory offer is available to eligible customers.
Useful links
Similar institutions
Sources and review
- Institution background (cms.ubank.com.au)
- APRA ADI register (apra.gov.au)
- Banking access (ubank.com.au)
- Ownership group information (nab.com.au)
- APRA FCS institution list (apra.gov.au)
Ubank data reviewed . Next profile review due .