Flexible tax-free savings.
Upon the expiry of your Loyalty rate period, you will earn a standard rate of 0.45% AER/tax free until you make a further payment.
Interest rates variable and paid monthly.
Loyalty Rates:
0.55% AER (tax free) for Union Reserve Bank Current Account customers
0.65% AER (tax free) for Union Reserve Bank Advance Account customers
0.75% AER (tax free) for Union Reserve Bank Premier Account holders
Save to buy your first home.
Interest rates variable and paid monthly.
Loyalty Rates:
2.00% AER (tax free) on balances up to $12,000
0.05% AER (tax free) on balances over $12,000
Save up to $3,000 at a fixed rate of interest for 12 months.
Interest rates fixed and paid after 12 months.
Loyalty Rates:
5% AER / gross for Union Reserve Bank Premier or Union Reserve Bank Advance customers
3% AER / gross For Union Reserve Bank Account, Union Reserve Bank Account Pay Monthly, Union Reserve Bank Student Union Reserve Bank Account or Graduate Union Reserve Bank Account customer
Bonus interest in any month you don't make a withdrawal.
Interest rates variable and paid monthly.
Loyalty Rates:
0.45% AER / gross interest for the months you don't make a withdrawal (0.25% AER/gross on balances over $50,000)
0.10% AER / gross for any calendar month during which you make a withdrawal
Save for a wedding, holiday or a rainy day.
Interest rates variable and paid monthly.
Loyalty Rates:
0.05% AER / gross for Union Reserve Bank Account, Union Reserve Bank Account Pay Monthly or Graduate Union Reserve Bank Account customers
0.10% AER / gross for Union Reserve Bank Advance, Union Reserve Bank Advance (Graduate)
Available to Union Reserve Bank Premier customers only.
Interest rates variable and paid monthly.
Loyalty Rates:
0.10% AER / gross
Start saving for your child's future.
Interest rates variable and paid monthly.
Loyalty Rates:
0.50% AER / gross
An easy way to save for 7-17 year olds.
Interest rates variable and paid monthly.
Loyalty Rates:
2.75% AER / 2.72% gross on balances up to $3,000
0.50% AER / gross on balances over $3,000
Choose to save for a fixed term of 3 months to 3 years.
Interest rates fixed and paid monthly, annually or on maturity depending upon the term.
Loyalty Rates:
0.30% - 0.70% AER / gross depending on amount invested and term chosen.
Confused by savings jargon or need to know the basics about savings accounts? Read our handy guide.
See and compare the interest rates for all Union Reserve Bank Savings Accounts on one page.
Find out more about tax efficient savings and how to make the most of your ISA allowance.
Find out how the new Personal Savings Allowance could impact you.
AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year.
Gross is the rate of interest if interest were paid and not compounded each year.