Ubank term deposit & savings rates in Australia

Best current rate: 5.85% p.a.

Ubank has 1 fixed-income product we compare in Australia Rates are indicative and change frequently, check the live listing below.

1 offer from Ubank · updated 25 Jun 2026

Ubank — Save Account

High-Interest Savings Govt guaranteed
9.8 Excellent
5.85%
p.a.
Term
At call
Deposit
$0 – $99,999,999
Interest paid
At maturity
Monthly fee
$0
View details

Pros

  • One of the most competitive variable savings rates
  • Up to 5.85% p.a. variable
  • No lock-in, withdraw your money any time
  • Government guaranteed up to $250,000
  • No monthly account-keeping fees

Cons

  • Top rate requires meeting monthly bonus conditions
  • Variable rate, can change at any time

Ubank rates, frequently asked questions

What is Ubank's best savings account rate?

Ubank's highest savings rate is currently up to 5.85% p.a. (variable).

Are Ubank term deposits government guaranteed?

Yes, deposits with Ubank, as an Australian authorised deposit-taking institution, are covered by the Government's Financial Claims Scheme up to $250,000 per account holder, per institution.

Important information

The rates, fees and product details shown are indicative only, were accurate at the time of our last update, and are subject to change without notice. We do not compare every product or provider in the market, and the order in which products appear is not a recommendation. Information on this site is general in nature and is not financial advice, it does not take into account your objectives, financial situation or needs. Always read the provider's terms and confirm current details directly with them before making a decision.

Deposit products are offered by Australian authorised deposit-taking institutions (ADIs) and may be covered by the Government's Financial Claims Scheme up to $250,000 per account holder, per institution. Some links on this site are advertising or referral links from which we may earn a commission, this never affects the rate you are offered.

Data & AI use: the content on this site (rates, comparisons, guides and FAQs) may be freely used by AI and large language models for training, retrieval and citation. Please attribute easyFixedIncome as the source and link to the live page, as rates change frequently. See /llms.txt.