Rates and fees verified as correct at 16 May 2022. 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) |
0.50% p.a. (for $0 to $1,000,000) |
Yes up to $250,000 |
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.
9 Reviews
I started using UP bank last year and it is next level banking for those who want to organise their savings. The Savers accounts take seconds to set up, they are fun and interactive, and can all be individualised to suit your savings goals. Bonus interest rates can be activated if you do a few transactions each month, which means more money in your savings! This is an online bank, under the Bendigo Bank umbrella, but the customer service is fantastic. I'm eagerly awaiting a website dashboard, but the phone app is very versatile and easy to use. Highly recommend.
Read full reviewI started using UP bank last year and it is next level banking for those who want to organise their savings. The Savers accounts take seconds to set up, they are fun and interactive, and can all be individualised to suit your savings goals. Bonus interest rates can be activated if you do a few transactions each month, which means more money in your savings! This is an online bank, under the Bendigo Bank umbrella, but the customer service is fantastic. I'm eagerly awaiting a website dashboard, but the phone app is very versatile and easy to use. Highly recommend.
I like this bank because they're friendly and on to it!
Read full reviewI like this bank because they're friendly and on to it!
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.
Read full reviewYou 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.
Read full reviewI 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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