UBank's USaver offers a good bonus interest rate which remains monthly as long as a mininmum of $200 is deposited each month.
USaver offers the ability to make multiple saving accounts for different savings targets, provides online logins and great accessibility to add to your savings. You can add money to your USaver by BPAY, electronic funds transfer, through your linked bank account, by cheque or direct debit. You can only withdraw by online transfer through UBank online banking or your linked account.
UBank is an online-only account backed by NAB in Australia.
| Bonus Rate | Base Rate | Variable Rate |
|---|---|---|
| 6.01% | 5.41% | 5.41%for 0 months |
A good value, feature packed savings account with the ability to remain at the high bonus rate provided you deposit a minimum of $200 per month into the account. This motivates you to save regularly and rewards you for doing so - this is how savings accounts should be! Their website also features lots of easy to use features such as the goal tracker - and demonstration videos to show you exactly what to do.
The bonus variable rate and fixed rate are subject to change