{
  "_id": "review.ubank-save",
  "author": {
    "credentials": "Editorial Team, Norg Reviews",
    "name": "Norg Editorial Team",
    "sameAs": null,
    "slug": {
      "_type": "slug",
      "current": "editorial-team-norg"
    }
  },
  "cons": [
    "Bonus rate cap means high-balance savers earn the base rate on the excess"
  ],
  "counterEvidence": null,
  "detailedReviews": null,
  "disclosureNote": null,
  "entity": {
    "abn": "12004044937",
    "bankingDetails": {
      "afslLicence": "AFSL 230686",
      "bonusRate": 5.1,
      "features": [
        "No monthly fee",
        "NAB-backed (Big Four parent)",
        "Bonus rate requires $200 monthly deposit"
      ],
      "minimumDeposit": 0,
      "monthlyFee": 0,
      "productType": "savings"
    },
    "foundedYear": 2008,
    "name": "ubank Save",
    "regulator": "AFSL 230686",
    "slug": {
      "_type": "slug",
      "current": "ubank-save"
    },
    "vertical": "au-banks",
    "website": "https://www.ubank.com.au/save"
  },
  "facts": null,
  "featureRatings": null,
  "keyTakeaways": [
    {
      "body": "ubank is operated by NAB but ships as a separate digital-first brand. You get the same FCS protection as the parent with a cleaner app experience.",
      "heading": "Big-Four backing, neobank surface"
    },
    {
      "body": "Only requires a $200 monthly deposit to earn the bonus rate — no transaction count, no balance-growth rule. Significantly easier to meet than ING.",
      "heading": "Simpler bonus condition"
    },
    {
      "body": "Above the cap, your funds earn the lower base rate. Worth modelling if your balance is over six figures.",
      "heading": "Bonus rate has a balance cap"
    }
  ],
  "lastReviewedAt": "2026-05-14T04:48:34.276Z",
  "methodology": {
    "title": "AussieBanks Review — Savings Methodology",
    "version": "v1.0.0",
    "vertical": "au-banks"
  },
  "multiSourceRatings": null,
  "overallRating": 4.4,
  "pros": [
    "Big-Four ownership gives FCS-protected deposits with neobank UX"
  ],
  "publishedAt": "2026-05-14T04:48:34.276Z",
  "rankingRationale": "NAB-backed digital with a competitive bonus rate and an easier deposit condition than peers.",
  "ratingBreakdown": null,
  "slug": {
    "_type": "slug",
    "current": "ubank-save"
  },
  "status": "published",
  "title": "ubank Save — savings account review"
}