86 400 is a fully digital bank, meaning they don't have any branches, or any of their own ATMs. However, regardless of this, they are a bank that is competitive with the 4 major banks, and in some cases, offers features, or fees, that are better than the 4 majors. They also listen to customer feedback, and have been improving their smartphone app, adding in features like scheduled payments, and allowing you to view account balances from other banks.
Pretty much the last hold out for a competitive interest rate.
Has Osko pay and one of the best interest rates going which is easily obtainable with a $1000/month deposit.
A great option if you want an online-only bank. High savings rate, easy to use app and website.
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Intro bonus rate of 1.50% for first 3 months, reverting to 1.20% after. Deposit $2,000 each month and make 5 eligible payments from your Go Account. If you are between 18 and 25 deposit $1,000.
Bonus rate for the first 4 months from account opening
Make at least 1 deposit and no more than 1 withdrawal, including internal transfers or external payments.
Ongoing bonus rate applied if in the previous month $1,000 or more is credited to the linked Day2Day Plus account and 5 eligible transactions are made by the linked account.
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