Bank referral code – Updated September 2026
Ubank Referral Code 2026: Get $30 with Code AFWLLL7
The current $30 Ubank referral offer covers eligible signups from 25 October 2026 to 31 March 2027 inclusive. Make five eligible purchases of at least $5 each and have them settle within your first 30 days. Full Ubank referral terms.
Quick answer: for the standard $30 Ubank referral offer, enter AFWLLL7 during signup. Both people must be at least 18, and five eligible card purchases of at least $5 each must settle within the first 30 days. Payment can take around a month after eligibility is met. Offer periods change, so check Ubank’s current terms before you join. Returning customers who held any Ubank account other than a UhomeLoan in the previous 24 months are excluded. Full Ubank terms.
Quick answer
Use Ubank referral code AFWLLL7 during signup to claim the current $30 invitee offer.
After joining, complete 5 eligible settled card purchases of at least $5 each within your first 30 days so the bonus can be paid under the offer terms.
Want the Ubank $30 Bonus?
Open Ubank, enter code AFWLLL7 during signup, then complete 5 settled card purchases of at least $5 each in your first 30 days.
Up and Ubank: offer and account conditions
Up Savers: bank rates, conditions and retrieval date
Retrieved 28 Oct 2026, 15:32 GMT+0800. Bank product information
Ongoing: 5.60% p.a. on the first $250,000; 2.00% p.a. on the portion above $250,000.
Components below are supplied by the bank; bonus margins are not standalone total rates.
- VARIABLE 0.00%:
- BONUS 3.60%: Earn a total 5.60% on any eligible Saver when you make 5 or more eligible card purchases from your Everyday Account and no withdrawals are made from that Saver during the month. No monthly deposit required. MIN_PURCHASES 5 MAX_WITHDRAWALS 0
- BONUS 2.00%: Earn a total 2.00% on any eligible Saver you withdraw from during the month, when you make 5 or more eligible card purchases from your Everyday Account. MIN_PURCHASES 5
- BONUS 2.00%: This rate applies to the portion of your combined Saver balances above $250,000, when no withdrawals are made during the month and you make 5 or more eligible card purchases from your Everyday Account. MIN_PURCHASES 5 MAX_WITHDRAWALS 0
Variable rates may change. Balance tiers and combined-account caps apply; shared accounts and special cohorts can differ. Referral rewards are separate offers and are reviewed manually.
Up Essentials Saver: bank rates, conditions and retrieval date
Retrieved 28 Oct 2026, 16:32 GMT+0800. Bank product information
Ongoing: 2.00% p.a. on the eligible balance.
Components below are supplied by the bank; bonus margins are not standalone total rates.
- VARIABLE 2.00%:
Variable rates may change. Balance tiers and combined-account caps apply; shared accounts and special cohorts can differ. Referral rewards are separate offers and are reviewed manually.
Up travel: no Up international transaction or ATM-withdrawal fee; ATM operators can charge separately. The card uses Mastercard’s exchange rate. Daily withdrawal limits still apply: the standard ATM cash-out limit is $1,000, subject to approved variations. Up currently advises allowing 15–20 business days for a physical card. Up travel information.
Ubank Save: bank rates, conditions and retrieval date
Retrieved 28 Oct 2026, 17:33 GMT+0800. Bank product information
Ongoing: 5.35% p.a. on the first $1,000,000; 0.00% p.a. on the portion above $1,000,000.
Eligible introductory period (4 months): 6.25% p.a. on the first $1,000,000; 0.00% p.a. on the portion above $1,000,000. New-customer and monthly conditions apply.
Components below are supplied by the bank; bonus margins are not standalone total rates.
- BONUS 5.35%: Everyday Bonus Rate Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
- BONUS 5.35%: Everyday Bonus Rate Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
- BONUS 5.35%: Everyday Bonus Rate Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
- BONUS 0.00%: Everyday Bonus Rate Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
- INTRODUCTORY 0.90%: Welcome Bonus for eligible new customers. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different. P4M
- INTRODUCTORY 0.90%: Welcome Bonus for eligible new customers. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different. P4M
- INTRODUCTORY 0.90%: Welcome Bonus for eligible new customers. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different. P4M
- INTRODUCTORY 0.00%: Welcome Bonus for eligible new customers. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different. P4M
Variable rates may change. Balance tiers and combined-account caps apply; shared accounts and special cohorts can differ. Referral rewards are separate offers and are reviewed manually.
Ubank referral: the standard $30 offer currently covers eligible signups. Enter AFWLLL7 during signup; both people must be 18 or over. Five eligible card purchases of at least $5 each must settle within the first 30 days. Payment can take around a month after qualification. Offer periods change, so check Ubank’s current terms before you join. Returning customers who held any Ubank account other than a UhomeLoan in the previous 24 months are excluded; the savings welcome rate has its own eligibility rules. Full referral terms.
Deposit protection: eligible Up deposits share Bendigo and Adelaide Bank’s $250,000-per-person FCS limit; Ubank deposits share NAB’s limit. These are limits per person per institution, not per account. Rates are variable. Account eligibility and identity checks apply.
If you are opening Ubank anyway, the referral code is the easy part: use AFWLLL7 and aim for the $30 bonus. The part people usually mess up is rushing signup, missing the code field, or not completing the 5 eligible settled card purchases of at least $5 each in time.
This page is the short version. For the full product breakdown, read my Ubank review. If you are choosing between banks, compare Ubank vs ING, Ubank vs Macquarie and Ubank vs Up Bank before switching your main setup.
How to get the Ubank referral bonus
Start signup
Download the Ubank app and start signup. Have code AFWLLL7 ready before completing the application.
Enter the code
Enter AFWLLL7 in the referral-code field on the About you signup screen.
Use the card
Complete 5 eligible settled card purchases of at least $5 each within your first 30 days.
Do not skip the code field. Referral offers usually need the code/link attached before your account is created. If you sign up without it, assume you may not be able to add it later.
Before you join: both participants must be at least 18. Former customers who held any Ubank account other than a UhomeLoan in the 24 months before rejoining are excluded from the referral offer. The savings welcome rate has separate eligibility terms.
After signup: check that five eligible card purchases of at least $5 each have settled within your first 30 days. Pending purchases and account transfers do not establish that you have met the card-purchase condition. Keep your Spend account open until the reward is paid, and allow around a month after qualification. Read Ubank’s full referral terms.
Ubank referral code quick facts
| Item | Details |
|---|---|
| Referral code | AFWLLL7 |
| Current invitee bonus | $30, based on Ubank’s invitee page. |
| Main condition | Use the code during signup and complete 5 eligible settled card purchases of at least $5 each within your first 30 days. |
| Best reason to open Ubank | Simple app banking, no monthly account fee, useful spending account and competitive savings setup. |
| Best next read | Ubank Debit Card Review |
Is Ubank worth opening just for the bonus?
The $30 bonus is nice, but it should not be the only reason you open the account. Ubank makes more sense if you actually want a simple everyday account, a Visa debit backup, or a savings account setup you will use.
For pure bonus hunting, compare it with the best bank bonuses in Australia and the savings rate and bank bonus tracker. A one-off bonus is useful, but the better long-term result usually comes from matching the account to how you save and spend.
Good fit if…
- You want a modern app-first bank.
- You want a Visa debit backup.
- You will actually use the account after the bonus.
- You like keeping bills, spending and savings organised.
Maybe skip if…
- You only want the bonus and hate extra accounts.
- You will forget the card-purchase requirement.
- You already have a better account setup.
- You need branch banking or cash-heavy banking.
Mistakes to avoid
- Signing up without the code. Use AFWLLL7 before submitting your application.
- Waiting too long to use the card. The first 30 days matter for the referral requirement.
- Counting pending transactions too early. The wording is settled card purchases, so allow time for transactions to settle.
- Ignoring the account itself. If Ubank is not useful for you after the bonus, compare other options first.
What to compare next
Ubank vs ING
Useful if you care about savings conditions, card use and which account is easier to maintain.
Ubank vs Macquarie
Useful if you want to compare Ubank with a simple savings-heavy alternative.
Ubank vs Up Bank
Useful if you want an app-first bank and are choosing between two popular modern accounts.
Bonus tracker
Useful if you want the best current signup offers and savings-account angles in one place.
Open Ubank With The $30 Code
Use referral code AFWLLL7, then complete 5 eligible settled card purchases of at least $5 each within your first 30 days.
FAQ
What are Ubank’s current savings rates?
The Everyday Bonus Rate is 5.35% p.a. Eligible eligible new customers can earn 6.25% p.a. on individual Save accounts for up to four months, subject to the monthly bonus conditions. Earlier joiners and Shared accounts can have different welcome terms. Savings interest is separate from the $30 referral reward.
The published bonus-rate rules require a Spend account and at least $1 monthly growth across eligible Save balances, excluding interest, with bonus interest on combined eligible balances up to $1,000,000. The welcome period lasts up to four months from joining; you must not have held a Ubank-branded product in the previous 24 months. Shared-account welcome rates can differ. Official rate announcement · Welcome eligibility and balance terms.
What is the Ubank referral code?
How much is the Ubank referral bonus?
When does the Ubank bonus pay?
Is Ubank better than Up Bank?
The better account depends on your needs. Ubank is our first choice for eligible Australians’ everyday banking and overseas card spending. Up is an alternative for app-based budgeting and Savers. Read Ubank vs Up Bank if you are choosing between them.
$21 Up sign-up offer · eligibility and referral details
Eligible new customers get a $21 sign-up bonus through our Up invitation after successful signup and identity verification. Complete signup within the invitation’s 14-day validity. We may receive a referral reward. Offer conditions apply.
Disclosure: Some links are referral or affiliate links. MoneyHackHQ may earn a bonus or commission if you sign up through them, at no extra cost to you. This is general information only and does not consider your personal financial situation.
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