Low risk. High returns.
1. A great rate
Whatever happens in the financial markets, your money will earn a high interest rate without attracting any fees.
2. Ongoing rewards
A continued savings effort deserves ongoing rewards. That's why everytime you rollover 100% of your term deposit, we'll reward you with a 0.10% p.a. Loyalty Bonus on top of our current rate at maturity.
3. Secure savings
Your money will be secured by the financial strength of one of Australia's most established banks - NAB. All deposits of up to $250,000 (limit applies to total funds deposited with NAB) are covered under the Financial Claims Scheme (FCS), so you know your savings are always safe and secure.
Grow your money sooner
All our applications are online because when you're keen to see your money grow, the last thing you want is to wait around for paperwork to be processed.
That's why when you apply for a Term Deposit with UBank, you'll be given a BPAY reference number - so you can make your initial deposit straight away, and start earning interest FROM THE NEXT DAY.
There's no messing around. No waiting for cheques to clear. And no need to set up a direct debit. Just your money, growing at a great rate.
Of course you can still send us a cheque or make a direct deposit if you prefer. But if you want to start seeing your money grow sooner, setup a term deposit with UBank, and make an extra-fast BPAY deposit.
