2 live products
Bank Australia
Best available rate
4.60%p.a.
Bonus Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.50%
Conditions
Bonus rules apply
Finding the best rates…
Savings Accounts Comparison
Bank One
Bank Australia
Best available
Up to 4.60% p.a.
Line-up
2 live products
VS
Bank Australia vs UBank
Compare Bank Australia and UBank savings accounts side by side. In March 2026, Bank Australia offers 2 accounts with rates up to 4.60% p.a., while UBank has 1 account reaching 5.35% p.a. UBank currently leads by 0.75%.
VS
1 live product
UBank
Best available rate
5.35%p.a.
Save Account
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.00%
Bonus
4.60%
Conditions
Bonus rules apply
Live edge
UBank leads on headline savings rate by 0.75% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.75% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | UBank |
|---|---|---|
| Max rate | 4.60% | 5.35% |
| Base rate | 0.10% | 0.00% |
| Bonus rate | 4.50% | 4.60% |
| Has conditions | Yes | Yes |
All Bank Australia Products
Every tracked savings accounts option from Bank Australia.
All UBank Products
Every tracked savings accounts option from UBank.
In March 2026, Bank Australia's Bonus Saver offers up to 4.60% p.a. (0.10% base + 4.50% bonus), while UBank's Save Account reaches 5.35% p.a.. UBank currently leads by 0.75% p.a.
UBank's rate includes an introductory component for 4 months. UBank's rate applies on balances up to $1,000,000.
Bank Australia has 2 savings products and UBank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Bank Australia | UBank |
|---|---|---|
| Max Rate | 4.60% | 5.35% |
| Base Rate | 0.10% | 0.00% |
| Bonus Rate | 4.50% | 4.60% |
| Conditions Required | Yes |
Common Questions
Bank Australia vs UBank FAQs
Which bank has the better savings rate, Bank Australia or UBank?
UBank currently offers the higher rate at 5.35% p.a., compared to 4.60% p.a. Rates are sourced from live data and change frequently.
What is Bank Australia's best savings account rate in 2026?
Bank Australia's best savings rate is 4.60% p.a. on the Bonus Saver, consisting of a 0.10% base rate and 4.50% bonus rate. This rate requires meeting monthly bonus conditions.
What is UBank's best savings account rate in 2026?
UBank's best savings rate is 5.35% p.a. on the Save Account. This rate requires meeting monthly bonus conditions.
Do Bank Australia and UBank savings accounts have conditions?
Both Bank Australia and UBank require meeting monthly conditions to earn their full bonus rates.