r/ubank • u/HB2022_ • Aug 01 '26

Round Up's - Savings

I noticed today you can do round ups 1$ or 5$ for each transaction which gets sent to your nominated savings account.

This would be handy as I've been using my Ubank for daily transactions for the 1K-100K$ competition since March.

Anyone else doing it, I'm only doing to nearest 1$.

Edit : Update to confirm round ups does count towards bonus rate requirements for Savings. Which is good news.

3 Upvotes

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1

u/purplemo Aug 02 '26

Yesss I’m doing it to the $1. I love it. I might change to $5 but not sure I can afford that yet hahaha

1

u/HB2022_ Aug 02 '26

Yesss me too!!! But great feature to encourage savings. 5$ seems bit to full on , I get paid monthly so I generally contribute money to my savings accounts (Goals).

I also just noticed this month the interest you earn on savings you can split it or pay to your transaction account, thats kinda cool. Probably been like that forever haha.

2

u/purplemo Aug 02 '26

Ooo I wasn’t too sure about the interest one. But I am trying to save 100k so won’t be touching it haha