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Bank AccountsReferral needed

ubank

High-interest savings account with no monthly fees and a referral cash bonus.

Sign-up bonus$30 for both new customer and referrer — make 5 eligible card purchases within first 30 days (18+) — verify current offer
Est. value$30 signup bonus + competitive savings interest (~5% p.a. when conditions met)
RegionAU

What you get

Competitive bonus interest rate on savings (up to ~5% p.a. when conditions met); no monthly fees; linked Spend account with no foreign transaction fees on overseas purchases.

Before you start

  • New ubank customer only (never held a ubank or 86 400 account)
  • AU mobile number
  • AU address
  • 18+

How to join

  1. 1
    Get a referral code from OzBargain's ubank referral thread
  2. 2
    Download the ubank app and apply with the referral code

    You need a valid AU mobile number and ID (passport or driver's licence).

  3. 3
    Open both a Save account and a Spend account, then make 5 eligible card purchases in 30 days

    Both you and the referrer get $30 once the 5 purchases settle; you also need to be 18+.

  4. 4
    Deposit $200+/month into the Save account to qualify for bonus interest

    Check the current conditions in the app as the minimum deposit amount may change.

💡 Referral tip

Get a referral via OzBargain's referral threads/randomiser so both you and the referrer get the bonus.

Risks

  • Bonus interest rate requires minimum monthly deposit — check current conditions in-app
  • Referral bonus only for new accounts; previous 86 400 customers do not qualify
  • Interest rates are variable and can change at any time
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