UBank, a subsiduary of the National Australia Bank (NAB), has launched a new competition through Triple M and Facebook asking people “What would U do for $1,932?”

The 10 winners will be given $1,932 each for the best and most creative response, and will be entered into a vote to be filmed.

The Triple M ‘Grill team’ in Sydney, Brisbane and Melbourne will be announcing a winner each day for two weeks.

Some of the most creative entries so far have been:

• Collect kids from school in a mankini
• Swim in a pool of custard
• Singing in a room full of people in a bikini
• Face a deadly spider head on
• Spending the day at the beach with the UBank logo painted all over body

UBank GM Alex Twigg said: “Most Australians don’t realise they can save $1,932 a year just by refinancing their home loan to UBank.

“UBank offers one of the most competitive rates in the market – 5.12% p.a. which includes a 0.25% discount for the life of the variable rate loan.

“Being an online bank we don’t have the costs of traditional banks and can pass on the savings to customers.”