UBank Credit Card – Is that the next step for UBank after launching UBank UHomeLoan Home Loans?

Information verified correct on September 30th, 2016
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First UBank Savings Accounts, Now UBank UHomeLoan Home Loans, is the UBank Credit Card Next?

Australia is becoming increasingly more aligned with the UK and US with a number of recent launches of branches direct banks. UBank is one of the most successful launches in Australia, backed by NAB and launched in October 2008.

UBank has been relatively successful in a short period of time, with reportedly deposits exceeding over $500 million in one month. UBank’s effective use of non-traditional marketing including social media, has helped bring the brand a lot closer to its customers and increased satisfaction levels.

The online application process for the UBank USaver is very easy, and with a fantastic market leading rate, it’s no wonder why the savings product has been so successful.

More recently, UBank have launched UBank Home Loans, providing a competitive option for consumers looking to apply for a new home loan, or refinance their existing home loan.

UBank Home Loan applicants benefit from:

  • A highly competitive interest rate
  • No application fees
  • No break costs or fees if you pay out your home loan early or switch to another lender
  • The ability to redraw available funds
  • A 0.10% p.a. loyalty discount off the variable interest rate for any customer who has held the UHomeLoan for 3 years

UBank UHomeLoan Comparisons

Rates last updated September 30th, 2016.

UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier)

Interest rate dropped by 0.09%

December 18th, 2015

UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier)

Interest rate dropped by 0.19% p.a.

February 18th, 2016

View latest updates

Jodie Humphries Jodie
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Product nameInterest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
3.64% 3.64% $0 $0 p.a. 80% Go to site More info
4.03% 4.03% $0 $0 p.a. 80% Go to site More info
UBank UHomeLoan Variable Rate - Standard Variable Rate (Owner Occupier P&I)
Enjoy discounted rate for new loans when you borrow more than $650k.
4.07% 4.00% $0 $0 p.a. 80% Go to site More info
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier)
A one year fixed rate offer with no ongoing bank fees.
3.69% 4.06% $395 $0 p.a. 80% Go to site More info
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier)
A competitive 3 year fixed rate with no ongoing bank fees.
3.69% 3.92% $395 $0 p.a. 80% Go to site More info
UBank UHomeLoan - 5 Year Fixed Rate (Owner Occupier)
A five year fixed rate offer with no ongoing bank fees.
4.27% 4.12% $395 $0 p.a. 80% Go to site More info

A UBank Credit Card would be complimentary to the other product available in the UBank product range. Perhaps it’ll be called the UBank UCreditCard?

If it does happen, we hope UBank continue with their same competitive position, and release a credit card product that offers great value on fees, interest rates and balance transfers.

Stay tuned, we’ll be the first to let you know if UBank do decide to release a UBank Credit Card.

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Credit Cards Comparison

Rates last updated September 30th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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