Ubank: Digital Banking

Open a Ubank account in minutes and start doing money better. Ubank is a digital bank built to simplify budgeting and everyday money management, helping you save money, track spending, and manage bills online. With simple tools and clear insights, you can take control of your banking, savings goals, and long-term financial plans.

What you can do with Ubank

Everyday Banking
• Open a digital bank account with no monthly account fees 
• Use any ATM in Australia or overseas with no fees from Ubank† 
• Start spending instantly by adding your digital card to your wallet 
• Create Shared accounts to manage money with a partner, housemate, or family member

Budgeting & Bills 
• Track your spending in real time 
• Pay Cycle syncs your income with bills and expenses, so you know what’s left to spend 
• Split Income helps you divide your pay when it arrives 
• Use a dedicated Bills account and Bill Planner to prepare for upcoming expenses 
• Link external bank accounts with Connected Accounts to see your money all in the one place 

Savings 
• Earn bonus interest on savings up to $1M per customer when our simple bonus interest criteria are met* 
• Open up to 10 online savings accounts 
• Set Savings Targets and track your progress

Security 
• Bank grade encryption and passkey login to help keep your accounts safe 
• An Australian based call centre available 7 days for any of your queries

Home Loans with Ubank 

Ubank also offers home loans for owner-occupiers and investors, including refinancing options. You can apply for a Ubank home loan online with a simple, paperless application and receive support from local home loan specialists. 

How to open an account

Download the app to get started in minutes with Ubank’s money system – separate accounts for saving, spending and bills, plus smart tools to help you manage your money with ease.

Signing up with a bonus code? See the terms and conditions below for more details. 


Important information
 
Ubank is part of NAB and uses advanced encryption technology to protect your money. Ubank is open to Australian or New Zealand citizens, or Australian permanent residents. You must be aged 16 or older with an Australian residential address and mobile number to hold an account. If you’re over 18 you will need at least one form of ID (Australian driver licence, Australian passport, or international passport) to sign up. If you’re under 18, you’ll need at least two forms of identification: an Australian driver licence, Australian passport, international passport, Medicare card or birth certificate. 

This is general information and doesn't take your personal situation into account. Please take the time to make sure it’s right for you.  

Read our General Terms at ubank.com.au/general-terms  

Read our Target Market Determinations at ubank.com.au/tmd

† Some merchants and ATM operators may charge a fee 
 
*Bonus interest is payable on total savings up to $1 million. To earn bonus interest you must have a Spend account, and your total savings must have grown by at least $1 as at the end of the month (excluding accounts that are linked as offsets at the end of the month). Earned Interest doesn’t count towards this $1. Read our full Welcome Bonus Rate and Everyday Bonus Rate terms at https://www.ubank.com.au/help/current/everyday-banking/earning-interest/how-do-i-earn-bonus-interest.
 
Signing up with a bonus code? Read our Welcome Bonus Offer terms at http://ubank.com.au/campaigns/welcome-offer. Using a different bonus or referral code? Please see the offer terms provided with that code.


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Products issued by Ubank, part of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686. Registered Office: Level 28,395 Bourke Street, Melbourne VIC 3000, Australia