$30 for Referrer & Referee for New Signups (5 Eligible Purchases in 30 Days Required) @ ubank
Man10United 
Ubank are chopping and changing their referral bonus after a run at $30/$30 it dropped down to $20/$20 for a month and then has been bumped back up for this month.
Why I use Ubank
- Reasonably mature app-based bank
- Excellent savings interest rate (5.5% under 100k) even considering the tiers. Currently #1 on Techt Leaderboard
- Single $500 transfer per month to activate interest is still the most simple hurdle to achieve
- Simplified web portal can be used for most banking tasks now
- The recent addition of in-app chat for support has been welcome.
The removal of direct debits from savings accounts was a step backwards however…
How the referral program works:
Download the app from your app store iOS or Android
Where do I enter the code?
– Once you’ve downloaded the app, make sure you enter the invite code you received on the ‘About you’ screen during the sign up process.
Invite codes can be found in the “Random” code generator button at the bottom of this post.
– You can add your own code by clicking ‘edit’ on the right side of the generator
– Your code is found in the settings section of the UBank app
I’ve signed up – what next?
– Put some money into your account by making a transfer from any other Australian bank account.
– Make 5 transactions using Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay or your Ubank Visa Debit card within 30 days.
That’s it! You’ll receive your $30 bonus in your Pay account within a couple of days.
Terms and Conditions
Effective 1 November 2024
Under the Refer a Friend offer, we will pay a $30 bonus payment to you and a $30 bonus payment to your friend once the offer criteria are met in accordance with these offer terms.
This Refer a Friend offer is available to all ubank customers who have been issued an invite code through the ubank app and cannot be used in conjunction with any other offer (unless we determine otherwise, acting reasonably).
To be eligible for this offer:
your ‘friend’ must sign up to ubank and open their initial ubank accounts using your invite code between 1 November 2024 and 30 November 2024 (inclusive); and
your ‘friend’ must make 5 eligible card purchases and those purchases must be settled in their first 30 days as a ubank customer.
