Ubank is turning heads across Australia with a bold new campaign designed to give borrowers real financial breathing room. The digital lender, backed by National Australia Bank, is offering one lucky customer the chance to have their mortgage repayments covered for an entire year — up to a massive $100,000. The campaign, titled “Win your home loan repayments for a year!”, is one of the most generous mortgage promotions currently in the market, tapping directly into cost-of-living pressures and rising interest rate concerns.
A Chance to Hit Pause on Your Mortgage
For many Australians, mortgage repayments are their biggest monthly expense. Ubank’s campaign flips that reality — at least for one borrower. Sascha Hunt explained the thinking behind the campaign: “This campaign gives one lucky Ubank home loan customer the chance to spend up to a whole year not thinking about repayments and instead enjoying the life they’ve worked so hard building. It’s our way of giving someone a little more freedom to focus on what matters most.”
In a market where borrowers are actively seeking ways to reduce repayments, refinance, or access better rates, this initiative stands out as both timely and highly relevant.
How to Win $100,000 in Mortgage Repayments
Entering the competition is straightforward — but it does require taking action on a new home loan.
Key Entry Requirements for Ubank’s draw:
- – Apply for a new Ubank home loan between 9 March and 30 April 2026
- – Loan amount must be $250,000 or more
- – Loan must be settled by 31 August 2026
Once these criteria are met, eligible borrowers are automatically entered into the draw.
Important Notes:
- – Refinances, top-ups, or variations of existing Ubank loans are not eligible
- – Split loans count as one single entry
- – Each eligible loan = one entry (even for joint applicants)
Who Can Enter?
To qualify for the competition, entrants must:
- – Be 18 years or older
- – Be an Australian citizen, permanent resident, or New Zealand citizen
- – Have an Australian residential address
- – Have a unique Australian mobile number
The competition is open Australia-wide, making it accessible to borrowers across all states and territories.
When Is the Winner Drawn?
- – Draw Date: 7 September 2026
- – Time: 10:00am (Sydney time)
- – Location: Level 13, 447 Collins Street, Melbourne
The winner will be selected via a random electronic draw system, ensuring a fair and transparent process.
What Does the Winner Get?
The prize is simple — but powerful:
- – 12 months of mortgage repayments covered
- – Maximum value: $100,000
- – Payments made between October 2026 and September 2027
For the winner, this could mean fast-tracking their savings, putting money into other investments, easing financial pressure, or simply enjoying a full year without the burden of mortgage repayments.
FAQ UBank house loan Giveaway Lottery
How do you win $100,000 with Ubank?
Apply for a new Ubank home loan of at least $250,000 between 9 March and 30 April 2026 and settle it by 31 August 2026 to automatically enter the draw, where one winner will receive up to $100,000 in mortgage repayments covered for a year.
Final Take
Ubank’s “Win your home loan repayments for a year” campaign is more than just a promotion — it’s a headline-grabbing opportunity in a competitive lending market. For one Australian borrower, it could mean up to $100,000 in repayments wiped out — and a full year of financial freedom.
Where Are Australians First Home Buyers Buying And How Are They Getting Into the Home Loan Market?
