You can deposit with any of the other 4 big banks but there are no ATM fees and if there is and you have $100 and you want to get $100 it will and later take the bank fee. With the other banks, well, you can't.
I swapped my bank over to up about a year ago now. I tell literally everyone I know about how great and convenient it is. Almost every time I get my debit card out, people comment on the fluorescent colour and ask me about it. I can't recommend how convenient it is enough, everything is right there at your fingertips, transactions are instant and itemised to reveal your spending habits and it truly is the bank of the future. The only thing I could say bad about up is the fact that if my phone goes missing or it breaks, I have no way of logging on to a desktop version to move or send money- everything is done in the app.
For me Up has been so motivating. I've set up various savers each with a title and emoji and I can easily move money into each. When you deposit money into your saver it has an animation that shows the account 'filling up' to reach the target you've set. I have been very happy with Up and it is backed by Bendigo Bank so I know it is safe and reliable. Customer Service are easy to deal with over instant chat. Highly recommended.
Great (high) bonus rate when 5 purchases are made. Convenience of customer service and alerts. Payment summaries are categorised well and aesthetically.
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Minimum deposit of at least $250.
Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
Minimum deposit of $200 and no withdrawals in the month.
Bonus rate for first 3 months, reverting to 0.15% rate after
Increase balance by at least $300 in the month
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