Savings rates: what to expect

UltraBank Trust flexible savings currently earns 4.20% APY on eligible balances. Interest accrues daily and compounds monthly. Locked fixed deposits range from 3.95% to 4.50% APY depending on term (3 to 36 months), with our 6-month Fixed Deposit currently at the top of the ladder.

Flexible rates are variable and may change based on market conditions and partner bank arrangements. Locked rates are fixed for the term you select. We notify customers by email at least 30 days before any decrease to an advertised flexible rate.

Flexible savings opens from $100. Locked deposits typically require $500–$1,000 depending on term. Personal and business balances remain subject to product maximums shown in your dashboard.