Ubank vs Pyng

Open a Ubank account in minutes for Money Done Better. Ubank is a digital bank that makes money feel simple, easy to understand and more personal. From daily banking to managing your home loan, Ubank has smart features and tools to help you succeed. What you can do with Ubank: Spend • Digital bank accounts with no account or card fees¹ • Spend instantly by adding Ubank to your digital wallet • Create joint accounts in minutes to share money with your partner-in-finance • PayID and Osko for instant money transfers (if the other bank participates) Save • Open up to 10 no fee savings accounts with high bonus interest that’s simple to earn • Earn bonus interest on savings up to $1M per customer when bonus criteria are met² • Set up Savings Targets on each of your Save accounts to track your goals Travel • Use your Ubank card overseas instead of a travel card for no fees from Ubank¹ • Withdraw from any ATM with no fees charged by Ubank¹ • No currency conversion fees when you pay in a foreign currency • A competitive Visa exchange rate on all your international transactions Budget • Set Budgets to track your spending on 50 categories and merchants in real time • Track your Pay Cycle and sync the Ubank app to when your money comes in • Use a separate Bills account to plan and pay for expenses so you know what’s safe to spend • Schedule bills and get reminders from the Bill Planner Buy a home • Ubank offers home loans for owner-occupiers and investors on new and refinanced loans • Skip the upfront cost with no LMI on any Ubank home loans • Buy with as little as 10% deposit • Easy paperless application online • Chat to our local lending specialists 7 days a week And more • Ubank is part of NAB. You can trust that your money is safe with deposits guaranteed up to $250K³ • Ubank has encrypted passkey login to help keep your accounts secure • Link external bank accounts with Ubank using Connected Accounts • An Australian based call centre available 7 days for any of your queries Download the Ubank app and follow the prompts to get started in minutes. You’ll need valid ID and a unique mobile number. Signing up with a bonus code? See the terms and conditions below for more details. Important information Ubank is open to Australian or New Zealand citizens, or Australian permanent residents. You must be aged 16 or older with an Australian residential address and mobile number to hold an account. If you’re over 18 you will need at least one form of ID (Australian driver licence, Australian passport, or international passport) to sign up. If you’re under 18, you’ll need at least two forms of identification: an Australian driver licence, Australian passport, international passport, Medicare card or birth certificate. Products issued by Ubank, part of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686. Registered Office: Level 28,395 Bourke Street, Melbourne VIC 3000, Australia. Credit criteria apply. Info is general. Consider if it’s right for you. TMDs and product terms at ubank.com.au. ¹Ubank won’t charge you any fees overseas, but some third party merchants and ATM operators may still charge a fee. ²Rates are variable and subject to change. Interest is payable on total savings up to $1,000,000 per customer where bonus criteria are met. To earn bonus interest, you must have a Spend account, and grow the combined balance of your Save accounts by at least $1. Interest doesn't count towards the $1, and special rules apply to offset accounts. For more info about bonus interest, see ubank.com.au/banking/savings-account ³The Australian Government guarantees deposits up to $250,000 per customer, per Authorised Deposit-taking Institution. As Ubank is part of NAB, the government guarantee applies to the combined value of your Ubank and NAB accounts. Signing up with a bonus code? Read our Welcome Bonus Offer terms at ubank.com.au/campaigns/welcome-offer.

A cheaper and better way to pay with Pyng Zero surcharges #PyngPromise - When you use Pyng, neither you or the merchant will need to pay a surcharge. Saving you a ton of money. Your money is 100% safe - Pyng is safer than a normal credit card as it’s all authenticated through your own bank account and doesn’t require you to transfer funds to us or anywhere else. Pay straight from your bank - Pay directly from your bank account giving you more control of how you spend. How it works 1. Install the app via the App Store 2. Link your bank account: Securely link your bank account through your own banking app or banking platform - you can set a limit on how much money Pyng can debit from your account at any point of time 3. Scan a QR code and it's as simple as that Your money stays safe Pyng protects your money with the best-in-class security systems that help minimize fraud. Most importantly, Pyng never touches your money - your money goes straight to the merchant reducing any risk of fraud and reducing any transaction costs.