9.1 / 10

based on 23 reviews as rated by Mozo community

Up savings accounts

Up's Saver Account offers a range of features to suit different needs. In fact, those features and the value the account offers have been recognised as some of the best on the market by our expert judges, as the Saver Account received a 2021 Mozo Experts Choice Award in the best Regular Saver category. 

Up offers the following savings accounts

Rates and fees verified as correct at 07 March, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee  
Saver Account

0% p.a.(for $0 and over)

0.70% p.a. (for $0 to $1,000,000)

Yes up to $250,000

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How are Up savings accounts rated?

Mozo users have rated Up savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
Up savings accounts
Overall
9.0/10
Price
Features
Customer service
Convenience
Trust

6 Reviews

Recent Up savings account reviews

Up Saver Account review
Overall 10/10
UP- The bank of the future

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.

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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.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Abby, Queensland, reviewed about 2 months ago
Up Saver Account review
Overall 10/10
Definitely recommend up banking

Love up banking but mainly the savings account with the high interest you can earn while saving.

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Love up banking but mainly the savings account with the high interest you can earn while saving.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Jocelyn, Victoria, reviewed about 2 months ago
Up Saver Account review
Overall 10/10
The structure of the savers motivates me to save.

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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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.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Jess, New South Wales, reviewed 5 months ago
Up Saver Account review
Overall 8/10
Competitive rates and quick customer service

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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Great (high) bonus rate when 5 purchases are made. Convenience of customer service and alerts. Payment summaries are categorised well and aesthetically.

Price
10/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Ann marie, New South Wales, reviewed 9 months ago

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