Hello SunBrisbane!

I appreciate anyone who can use this code (9NXTQV1) to earn their $20 ubank signup bonus as my income has taken a big unplanned hit. (We both get $20 if you use this signup bonus. Valid as of November 2024.) 

The important bits: 

Ubank signup bonus invitation code: 9NXTQV1 

Terms to receive your free $20: make five card purchases within 30 days. 

How to receive 5.5% interest: Deposit $500 a month (but this can be taken out immediately after depositing). More details below. 

Details provided directly from the bank are here: https://www.ubank.com.au/refer-a-friend 

The details: 

Here are the steps to get your free $20 (and to help me get my $20 - thank you!): 

1. Download the app at https://www.ubank.com.au/mobile-banking-app 

2. Sign up using this invitation code: 9NXTQV1 Use your ubank card to make any 5 card transactions within 30 days of opening your account by adding it to Apple Pay or Google Pay or getting the physical card sent to your address for free. (I understand it could be really small transactions on the same day like buying your milk and bread separately just to make sure you hit the 5 transactions quickly) Your free $20 comes in a couple of business days and I give you big thank you vibes! 

A few things about ubank: 

No account keeping fees. 

Ubank now offers a 5.5% interest rate with only a $500 deposit per month which can be taken out immediately after depositing. 

There are no other requirements for the month (for example, your account does not actually need to grow by $500 per month). Compared against other banks, 5.5% interest seems to be the best you can get for such easy requirements — ubank’s requirements to get the high interest rate are easier to meet than any other bank I could see. Although note that ubank’s requirements have changed recently and for amounts between $100,000 and $250,000 the rate is only 5.0% at the moment, although you’re lucky if you’re saving that much I reckon! 

Backed by the Australian Government 250k guarantee. 

Ubank is owned by NAB bank. 

I’ve used ubank for years and found it to be really smooth - no complaints from my end. I use it as my main bank for saving and spending and also have heard it’s good when traveling overseas as well, because international withdrawals from ATMs and EFTPOS are both free from ubank’s end (you just have pay attention to what the ATM/EFTPOS provider might charge overseas). Thanks a heap and good luck!

Details here - https://www.ubank.com.au/banking/savings-account