Ubank savings rate increase

The standard rate sits at 0. Sound like a winner? That rate puts the Save Account among the top earning savings accounts in our database.

Variable interest rate on your Save accounts. Bonus interest criteria applies. This rate is variable and subject to change. Interest is calculated on your Save balance daily and paid monthly. See what makes you eligible for bonus interest. Open up to 10 Save accounts and get bonus interest on all of them, including shared Save accounts.

Ubank savings rate increase

Following the second RBA rate rise of the year, Aussies anticipate banks to continue the trend of passing on increases to savings accounts and term deposits - watch this space. For the tenth consecutive month , the RBA has handed down another hike to the cash rate, taking it to 3. Last week, Bank of Queensland jumped the gun and increased savings rates out-of-cycle , including one that now features a rate of 5. This page will detail the latest rate change announcements for savings accounts and term deposits following the RBA's March 25 basis point rate hike - be sure to check back here regularly. Keep updated. Subscribe for rate change alerts. Need somewhere to store cash and earn interest? The table below features savings accounts with some of the highest interest rates on the market. Monthly Deposit Min. These products may appear prominently and first within the search tables regardless of their attributes and may include products marked as promoted, featured or sponsored.

ME has also increased rates on its range of term deposit, including a new 3. Spend account.

Home News Which banks are increasing savings rates following September's cash rate rise? Another cash rate increase in September has Aussies on the lookout to see if banks pass on the rate rise to savings accounts and term deposits - watch this space. A number of banks passed on savings account and term deposit rate increases last month following the RBA's August decision, leaving savers to expect more of the same this month. This page will detail the latest rate change announcements for savings accounts and term deposits following the RBA's 50 basis point rate hike - be sure to check back here regularly. ANZ Plus's rate of 3. Westpac will increase the Westpac Life total variable rate with bonus interest by 50 basis points to 2. The Westpac Bump Savings account for under 18 year olds will increase by 65 basis points, to a total variable rate with bonus interest of 2.

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money. This means savvy savers are ending on a high note. But the Fed has recently hit pause on rate increases.

Ubank savings rate increase

By submitting your information you agree to the terms and conditions and privacy policy. Ubank is the latest to increase its savings rate, moving the maximum 4. These changes are slated to take effect on April 1. Alongside Ubank, more banks are likely to follow suit and continue to bring up their savings and term deposit interest rates. On top of this, interest rate hikes are expected to continue, so savers may find it prudent to continue to look out for and compare between savings account providers to get the best rate possible. Keep in mind that each savings account comes with its own set of requirements before a saver receives the top rate. Be sure to check the details of each.

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Time period 1 year. All the term deposit rate changes this week Another week, another round of term deposit rate changes, with new rates from some of Australia's largest banks. Ways of banking. Want bonus interest on all your Save accounts? ATM Access. By subscribing you agree to our privacy policy. By Georgia Indian. Your Spend account lets you transfer money and make purchases using the linked Visa Debit card or your digital wallet for your everyday spending needs. Minimum Amount. No account keeping fees to pay. Explore our Shared account.

Home News Ubank increases savings account rates. A rebranded ubank has revealed from 1 June, rates for existing 'USave' and new 'Save' savings accounts will increase by 30 basis points. Fresh off merging with neobank 86 , this increase will see:.

Deposit amount. Rather, a cut-down portion of the market has been considered. Become a more successful saver. Savings Account Amounts A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking. Future Saver Account. Say goodbye to monthly account fees with our Spend account, as well as international card payment charges. For the tenth consecutive month , the RBA has handed down another hike to the cash rate, taking it to 3. Bank of Melbourne will increase its Incentive Saver Account rate by 75 basis points to 2. Feel like a rockstar saver. You do not pay any extra for using our service. Maximum rate 3. ANZ Progress Saver.