UBank 'On the Money' with launch of Fairfax's new Money section

7 June 2010

UBank, NAB’s dedicated direct bank, has partnered with Fairfax Digital to launch a new, free financial news and advice minisite, ‘On the Money’ that can be found in the money section of,, and

‘On the Money’ features the latest personal finance news and research, tips and expert advice, as well as online discussion forums on topical issues such as saving, debt management, planning, property, investing and tax.

The site is designed to appeal to readers across the spectrum of financial awareness, from those kicking off their first savings plan, to the more astute investor.

Sam Plowman, Executive General Manager of Direct Banking at NAB explains the minisite will give regular savers and people managing their own finances and investments the opportunity to learn from experts, as well as interact with others who are financially likeminded.

“We hope to establish an online community at ‘On the Money’, where self-directed, proactive money managers can give and receive knowledge or advice.

“In line with UBank’s quick and easy-to-use online financial products, ‘On the Money’ is giving internet-savvy consumers more convenient and accessible ways to manage their money,” he said.

UBank is currently offering 6.21% p.a. on the award-winning USaver account, which includes a 0.36% p.a. savings bonus for customers who set up an automated savings plan. Visit for more information or to apply for a USaver account.

UBank’s Australian based Direct Banking Centre operates 24/7 on 13 30 80 or via Skype (account:

Media contacts:

Megan English
FD Third Person
02 8298 6100 or 0414 762 430

Jessica Forrest
NAB Corporate Affairs
0457 536 958

Sam Wallman
Hill & Knowlton
(02) 9286 1254

UBank is a division of National Australia Bank Limited ABN 12 004 044 937 which is the issuer of UBank products and services. UBank was launched in October 2008 and is developed and backed by the financial strength and global capabilities of NAB. Although a part of NAB, the ideas, people, philosophy and brand are uniquely UBank. UBank aims to simplify banking – being entirely online or over the phone means there are no fees and no queues. UBank currently offers the USaver high interest online savings account and a range of Term Deposits (which can be used by Self Managed Super Funds), with new products under development. You should consider the terms and conditions for USaver, available from, before making any decisions regarding this product.