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.
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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.
Make at least 1 deposit and no more than 1 withdrawal, including internal transfers or external payments.
Bonus rate for the first 4 months from account opening
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