307,465 customer reviews
Area: Australia-wide
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Customer Reviews for Ubank (15 reviews)

 
17 Reviews
70% Trust
5 Compliments
1,325 Points
 (5/5)   29th March 2013 12:48 am

One of the highest rates savings account. Easy online setup and transactions. Their phone support is equally good and wait times aren't long - very few transactions require a phone call anyway.

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Service
Value


 
 

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194 Reviews
100% Trust
71 Compliments
18,145 Points
 (5/5)   7th October 2012 7:30 pm

For my High Interest Savings Account I use Ubank current interest rate as at 28/4/2012 5.41% or 6.01% with bonus.

You have access to you money 24/7 to transfer to and from any linked account you set up.

Bonus 0.5% interest if you set up an automatic savings plan depositing $200+ into your account every month.

No fee's.

interested calculated daily, paid monthly.





*Must set up automated Savings Plan

There are Higher Interest Rates than 5.41% so if you don't set up your "Automated Savings Plan" then you would be better off with a different account


Quality
Service
Value


 
13 Reviews
100% Trust
3 Compliments
1,545 Points
 (4/5)   25th June 2012 2:46 pm

Ubank offers a good interest rate on savings account. You have to call them to move large amounts of money; they advertise as being open 24 hours, but I was waiting a long time on hold when I called in the evening. The customer rep I got was helpful and went out of his way to make a transaction happen which was causing problems.

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Service
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4 Reviews
70% Trust
1 Compliments
1,005 Points
 (4/5)   25th May 2012 9:25 pm

One of the best offers for SMSF funds in terms of cah accounts and term deposits. My advisor up me on to them and I am getting 0.75% better than my normal bank. Easy to use too.

Quality
Service
Value



Comments

By lisant - 100% Trust 17th June 2012 11:37 am

Definitely easy to use and navigate their website.

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206 Reviews
100% Trust
202 Compliments
26,855 Points
 (5/5)   8th May 2012 7:57 pm

I recently switched over my savings account to be with Ubank. Their interest rates are much better than competing banks, since they are an online business.

Quality
Service
Value



Comments

By gekt - 100% Trust 16th May 2012 4:38 pm

I changed over to this bank for my savings too.

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386 Reviews
100% Trust
223 Compliments
33,365 Points
 (4/5)   3rd May 2012 4:07 pm

This is an online bank which offers a high interest savings account and recently I also initiated a savings plan of $200 per month so I can get the 0.6% bonus rate on top of the normal rate. Website is easy to use but cut-off time for transfer of money is 4pm which is sometimes a bit inconvenient.

Quality
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Value



Comments

By lisant - 100% Trust 17th June 2012 11:37 am

I didn't know about this cut off time. Thanks!

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29 Reviews
100% Trust
12 Compliments
5,215 Points
 (5/5)   18th April 2012 3:54 pm

I’m very happy with Ubank as they offer the best interest rate for savings accounts, have no fees, great customer service, and an easy to use website. Very happy to recommend.

Quality
Service
Value



Comments

By gekt - 100% Trust 3rd May 2012 4:05 pm

Agree with you

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Anonymous Member
2 Reviews
60% Trust
0 Compliments
200 Points
 (5/5)   30th June 2011 2:28 pm

Best rates on offer. No fees on the account for savings account. Only trouble is no B'pay. But otherwise a great extra account to store money in.

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Service
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21 Reviews
100% Trust
0 Compliments
200 Points
 (5/5)   30th June 2011 11:21 am

online transactions account - the rate is one of the highest in Australia. Great service and great online banking site. Backed by NAB - top 4 bank in OZ. highly recommended. They can't do bpay at the moment tho.

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20 Reviews
80% Trust
0 Compliments
200 Points
 (5/5)   9th February 2011 7:03 pm

One of the few bank experiences that hasn't left me frustrated. Phone service is excellent. Website is excellent. Interest rate paid is excellent.

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