Bank referral code – Updated September 2026
Ubank Referral Code 2026: Get $30 with Code AFWLLL7
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 must settle within the first 30 days. Payment can take up to 45 days after eligibility is met. Join by 24 October 2026. Returning customers who closed all their Ubank Spend and Save accounts in the previous 12 months are excluded. Full Ubank terms.
Use Ubank referral code AFWLLL7 during signup to claim the current $30 invitee offer.
After joining, complete 5 eligible settled card purchases 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 in your first 30 days.
Up and Ubank: offer and account conditions
Up: ordinary Savers earn 5.35% p.a. Grow when untouched, up to the combined $250,000 individual Grow cap, or 2.00% p.a. Flow when accessed. First make five qualifying debit-card purchases in the calendar month; otherwise ordinary Savers earn 0.00%. The 2Up Grow cap is separate. Essentials earns 2.00% Flow without the purchase requirement until 28 February 2027. Up rates and conditions.
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: 5.10% p.a. ongoing bonus interest; eligible new customers can earn 5.85% p.a. for up to four months. Hold a Spend account and grow combined eligible Save balances by $1 per month, excluding interest, by 11:30pm Sydney time on the last day. Withdrawals can make you miss this test. Bonus interest is paid on up to $1 million per customer; offset-linked balances are excluded. Ubank savings conditions.
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 must settle within the first 30 days. Payment can take up to 45 days after qualification. Join by 24 October 2026. Returning customers who closed all their Ubank Spend and Save accounts in the previous 12 months are excluded; these rules differ from the savings welcome-rate 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 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 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. A returning customer who closed a Ubank Spend or Save account in the preceding 12 months is excluded from the standard referral offer. This referral rule differs from the 24-month exclusion used for the savings welcome rate.
After signup: check that five eligible card purchases 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 up to 45 days 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 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 within your first 30 days.
FAQ
Are Ubank savings rates changing on 6 October 2026?
Before the announced 6 October change, Ubank’s published rates are 5.10% p.a. Everyday Bonus and 5.85% p.a. Welcome Bonus for eligible new individual customers. Ubank has announced 5.35% p.a. and 6.10% p.a. respectively from 6 October 2026; these higher rates do not apply before that date. This 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 million. 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?
The Ubank referral code is AFWLLL7. Enter it during signup to claim the current invitee offer.
How much is the Ubank referral bonus?
The current Ubank invitee page shows a $30 bonus.
When does the Ubank bonus pay?
Ubank allows up to 45 days after eligibility is met to pay the standard $30 referral reward. Enter the code during signup and complete five eligible card purchases that settle within 30 days of joining. Both participants must be 18 or over; account and returning-customer conditions also apply.
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.
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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