diff --git a/homeassistant/components/sensor/starlingbank.py b/homeassistant/components/sensor/starlingbank.py
index a0c6f23e496..84b30daa2e9 100644
--- a/homeassistant/components/sensor/starlingbank.py
+++ b/homeassistant/components/sensor/starlingbank.py
@@ -14,7 +14,7 @@ from homeassistant.const import CONF_ACCESS_TOKEN, CONF_NAME
 import homeassistant.helpers.config_validation as cv
 from homeassistant.helpers.entity import Entity
 
-REQUIREMENTS = ['starlingbank==1.2']
+REQUIREMENTS = ['starlingbank==3.0']
 
 _LOGGER = logging.getLogger(__name__)
 
@@ -96,8 +96,8 @@ class StarlingBalanceSensor(Entity):
 
     def update(self):
         """Fetch new state data for the sensor."""
-        self._starling_account.balance.update()
+        self._starling_account.update_balance_data()
         if self._balance_data_type == 'cleared_balance':
-            self._state = self._starling_account.balance.cleared_balance
+            self._state = self._starling_account.cleared_balance / 100
         elif self._balance_data_type == 'effective_balance':
-            self._state = self._starling_account.balance.effective_balance
+            self._state = self._starling_account.effective_balance / 100
diff --git a/requirements_all.txt b/requirements_all.txt
index 4142421b78d..2398fdc977d 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1616,7 +1616,7 @@ sqlalchemy==1.2.18
 srpenergy==1.0.5
 
 # homeassistant.components.sensor.starlingbank
-starlingbank==1.2
+starlingbank==3.0
 
 # homeassistant.components.statsd
 statsd==3.2.1