Up is a neobank; shaking things up for Australians who love to bank from their smartphones! Its Everyday Account comes with no account or network ATM fees, unlimited free transactions via its iOS or Android app and a round up feature to help you boost your savings balance.
On top of that, the account's an award winner! Up's Everyday Account took out a 2023 Mozo Experts Choice Award in the Travel Debit Card category.
Let’s start by talking about what makes Up’s Everyday account a little bit different: it’s round-up feature. This feature works by rounding up each purchase you make with the linked debit card to the nearest dollar and transferring the difference to your linked Up Saver Account. This can be great for making incremental additions to your savings, which may add up over the long run and make a real difference to your stash.
On top of this neat feature, the account comes with a number of other perks, such as unlimited free transactions via the iOS or Android app. The account also has no minimum balance required to open it and can be linked up with a BPAY account for making payments.
Plus, the account comes with no ongoing fees and no network ATM fees, so you won’t have some monthly fee slowly chipping away at your hard-earned cash. It could even make a handy travel money companion, as there are zero international ATM withdrawal fees plus a 0% foreign exchange commission.
Anyone looking for an alternative option to the big four banks, which brings a little bit of innovation to the field may find Up to be the bank for them. Thanks to the round up feature, this account might also be perfect for you if you want to start saving your spare pennies without even thinking about it.
Up is a digital only bank, which means there's no branch access with this account - you can only access your account through the app. So if you do like to have the option of face-to-face customer service, this one might not be for you.
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Balances from $0: 0.00% p.a. |
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n/a |
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n/a |
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$0.00 |
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n/a |
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Unlimited eftpos, debit, ATM, and banking app transactions using the Up iOS or Android app. |
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$0.00 |
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Bendigo Bank |
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$0.00 |
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n/a |
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n/a |
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$0.00 |
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n/a |
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$0.00 |
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n/a |
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$0.00 |
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0% |
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$0.00 monthly |
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$1.00 |
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$0.00 |
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$1,000.00 |
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no |
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yes |
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no |
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no |
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no |
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yes |
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no |
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Bank and saving account only accessible through iOS or Android app. $10 fee for plastic debit card. |
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Optional roundup feature automatically rounds purchase to the nearest whole dollar and transfers difference to linked Saver Account. |
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none |
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none |
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none |
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$0.00 |
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$0.00 |
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0% |
Apple Pay, Google Wallet, PayID, Samsung Pay
Hands down the best banking app, so user friendly. The way the transactions are displayed, the ability to create several seperate savings categories and put away with round ups, automatic transfers and showing all upcoming expenses. So easy to manage money, save money and track spending. The customer service is 10/10, responsiveness and communication.
Read full reviewHands down the best banking app, so user friendly. The way the transactions are displayed, the ability to create several seperate savings categories and put away with round ups, automatic transfers and showing all upcoming expenses. So easy to manage money, save money and track spending. The customer service is 10/10, responsiveness and communication.
UP is a great online virtual bank. The app is convenient and easy to use. They have fast customer service via the portal on the app. I receive my pay one day earlier with UP. They have a range of different options regarding saving money, setting up automatic transfers, setting up different savings accounts, locking your savings for three hours to minimise impulse spending and a physical and digital debit card for convenience for both in store and online shopping. Overall I would recommend UP to anyone
Read full reviewUP is a great online virtual bank. The app is convenient and easy to use. They have fast customer service via the portal on the app. I receive my pay one day earlier with UP. They have a range of different options regarding saving money, setting up automatic transfers, setting up different savings accounts, locking your savings for three hours to minimise impulse spending and a physical and digital debit card for convenience for both in store and online shopping. Overall I would recommend UP to anyone
UP Bank is a game-changer in digital banking. It excels at simplifying finances, offering stellar savings rates, fee-free international transactions, and top-notch customer support through in-app chat. A must for financial freedom.
Read full reviewUP Bank is a game-changer in digital banking. It excels at simplifying finances, offering stellar savings rates, fee-free international transactions, and top-notch customer support through in-app chat. A must for financial freedom.
love up bank, app is so easy to use, there is always new interactive features coming to the app. Interest is great on the savings accounts too. Only con is it’s more of a process to put cash into the account due to no physical atm or branch.
Read full reviewlove up bank, app is so easy to use, there is always new interactive features coming to the app. Interest is great on the savings accounts too. Only con is it’s more of a process to put cash into the account due to no physical atm or branch.
Up Banking is not only convenient but has the easiest to use app. It helps and endorses savings and helps you look and monitor your spending. The graphics are also super cool. Highly recommend! ps: They also have Perk-Up, random acts of Free coffee! Where they'll shout (refund) you a coffee.
Read full reviewUp Banking is not only convenient but has the easiest to use app. It helps and endorses savings and helps you look and monitor your spending. The graphics are also super cool. Highly recommend! ps: They also have Perk-Up, random acts of Free coffee! Where they'll shout (refund) you a coffee.
Glide Account
$0.00
Apple Pay, Google Wallet, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
Wisdom Saver Account
$0.00
Apple Pay, Google Wallet, PayID, Samsung Pay, FitBit, Garmin
0.05% p.a.
Spend Account
$0.00
Apple Pay, Google Wallet, PayID, Samsung Pay, Fitbit Pay, Garmin Pay
0% p.a.
Everyday Global Account
$0.00
Apple Pay, Google Wallet
0% p.a.
Smart Access
$4.00$0 monthly account fee if you deposit min. $2,000 per month or under 30 years old.
Apple Pay, Google Wallet, PayID, Samsung Pay, Garmin, Fitbit
0% p.a.
