Finding the best rates…
Bank One
Best available
Up to 5.25% p.a.
Line-up
1 live product
Compare Newcastle Permanent and UBank savings accounts side by side. In March 2026, Newcastle Permanent offers 1 account with rates up to 5.25% p.a., while UBank has 1 account reaching 5.35% p.a. UBank currently leads by 0.10%.
1 live product
Best available rate
Smart Saver Account (Under 25)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.05%
Bonus
5.20%
Conditions
Bonus rules apply
1 live product
Best available rate
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 0.10% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Newcastle Permanent | UBank |
|---|---|---|
| Max rate | 5.25% | 5.35% |
| Base rate | 0.05% | 0.00% |
| Bonus rate | 5.20% | 4.60% |
| Has conditions | Yes | Yes |
Every tracked savings accounts option from Newcastle Permanent.
Every tracked savings accounts option from UBank.
In March 2026, Newcastle Permanent's Smart Saver Account (Under 25) offers up to 5.25% p.a. (0.05% base + 5.20% bonus), while UBank's Save Account reaches 5.35% p.a.. UBank currently leads by 0.10% p.a.
UBank's rate includes an introductory component for 4 months. UBank's rate applies on balances up to $1,000,000.
Newcastle Permanent has 1 savings product and UBank has 1, giving you a range of options to compare.
| Feature | Newcastle Permanent | UBank |
|---|---|---|
| Max Rate | 5.25% | 5.35% |
| Base Rate | 0.05% | 0.00% |
| Bonus Rate | 5.20% | 4.60% |
| Conditions Required |
Common Questions
UBank currently offers the higher rate at 5.35% p.a., compared to 5.25% p.a. Rates are sourced from live data and change frequently.
Newcastle Permanent's best savings rate is 5.25% p.a. on the Smart Saver Account (Under 25), consisting of a 0.05% base rate and 5.20% bonus rate. This rate requires meeting monthly bonus conditions.
UBank's best savings rate is 5.35% p.a. on the Save Account. This rate requires meeting monthly bonus conditions.
Both Newcastle Permanent and UBank require meeting monthly conditions to earn their full bonus rates.
Bank Two
Best available
Up to 5.35% p.a.
Line-up
1 live product
| Yes |
| Yes |
| Balance Cap | $49,999 | $1,000,000 |
UBank currently offers a 0.10% higher savings rate.
Based on current rates, UBank pays approximately $50 more in interest per year on a $50,000 balance. This is based on the headline rate difference of 0.10% p.a.
Keep Comparing
Keep Comparing