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Intro Rate:
6.01%
Standard Rate:
5.91%
UBank USaver
Do you want a savings account with a superb interest rate that makes it easy to reach your savings goals?
The award-winning UBank USaver is an innovative, great value account that allows you to set your savings goal and monitor your progress towards that goal. You can open multiple ‘savings buckets’ to manage your savings more effectively and use UBank’s ‘savings tracker’ to monitor your progress towards your savings target.
There is no minimum balance and with USaver you have total flexibility to manage your money and you can transfer your money to any Australian bank account, anytime. You’ll also earn bonus interest if you set up an Automatic Savings Plan to save more than $100 a month to your USaver account.
Top Five Benefits:
- A superb standard variable interest rate
- No minimum balance
- Savings bonus when you set up an Automatic Savings Plan
- No monthly account service fee
- The flexibility to transfer funds to any Australian account with the ‘Pay Anyone’ feature
Account details
| Introductory Interest Rate | 6.01% (6 month rate including Automatic Savings Plan bonus) |
| Standard Interest Rate | 5.91% (6 months) |
| Account Fees | $0 |
| Minimum Balance | None |
| Maximum Balance | $1million |
| Access | Unlimited |
| Monthly Statement | No (your choice of alerts sent to you via email, SMS or secure mail) |
| Interest Calculated | Daily |
| Interest Paid | Monthly |
The UBank USaver account won Money magazine’s ‘Best of the Best 2010′ Best Online Savings Account 2010 award, making it perfect to manage your savings. If you save with UBank you will also benefit from the backing of NAB, one of Australia’s most established banks.
You can set up an Automatic Savings Plan to make regular contributions to your USaver from another Australian bank account. You will also receive a Savings Bonus, paid the next calendar month, if you set up a savings plan for $100 (or more) each month up to a balance of $150,000.
Rates are current as at 11th of November 2011
| Bank | Overview | Intro Rate | Apply |
|---|---|---|---|
 |
Enjoy the convenience of ANZ Online Saver. An online savings account that offers easy access to your savings, no minimum balance and no monthly account service fee. | 6% | More Info |
 |
No one likes fees, so we’ve taken them out That’s right - no fees…whatsoever with the Virgin Saver. And you can freely transfer money between Virgin Saver and your Nominated Linked account, as often as you like. For free. | 5.85% | More Info |
|
The award-winning UBank USaver is an innovative, great value account that allows you to set your savings goal and monitor your progress towards that goal. | 6.01% | More Info |
 |
The Citibank Online Saver combines a number of benefits into one very easy to use savings account, and with a great introductory interest rate for 6 months. | 5.80% | More Info |
 |
The award-winning St. George Direct Saver is one of the most flexible and easy to use direct savings accounts available. As well as a superb long term interest rate. | 5.50% | More Info |
 |
The NAB iSaver offers a great interest rate, bonus interest for four months and the flexibility to manage your savings account online. With no minimum balance. | 5.50*% | More Info |