Is Ubank owned by NAB?

Yes, Ubank is owned by NAB. Ubank also merged with digital bank 86 400.

Is ING a good bank for savings?

ING is a very popular choice for savings accounts, due to often having one of the highest interest rates in the market. ING Savings Maximiser was named Highly Commended in the Finder Banking Awards (2026), and was voted Most Loved in the Customer Satisfaction Awards (2025).

Does Ubank have bonus interest?

Yes, Ubank offers 2 bonus interest rates. You can earn a bonus rate of 6.25% p.a. for the first 4 months, and then an ongoing bonus rate of 5.35% p.a.

How do I get bonus interest at ING?

To earn bonus interest with an ING Savings Maximiser you need to: Hold an ING Orange Everyday Account, and Deposit at least $1,000 from an external source into any personal ING account in your name, and Make 5 or more settled eligible ING card purchases from your ING Orange Everyday account each month, and Grow your Savings Maximiser balance throughout the month.

Which bank is safer, Ubank or ING?

Both Ubank and ING are fully licensed banks included in the Australian Government Guarantee scheme. Your deposit up to $250,000 is protected under this scheme with both banks.

Can I have both ING and Ubank savings accounts?

Yes, you can have a savings account with both ING and Ubank. As long as you meet the monthly account conditions for both accounts you will be eligible for bonus interest with each.