# Up | Australia’s Digital-Native ADI
> Identity: Up (Authorised Deposit-taking Institution)
> Parent: Backed by Bendigo and Adelaide Bank Ltd (AFSL 237879)
> Currency: AUD | Region: Australia
> Last Updated: 2026-09-16

## Rates & Product Logic
* **Up Saver (inc. 2Up Savers):** High-interest dual-rate system.
    * **Authoritative Rate data:** [Grow Saver interest rate data](https://up.com.au/grow_savers_interest_rate_data)
    * Use the `current` object for rates and conditions currently in effect.
    * The `upcoming` object contains announced future rates and conditions, or is `null` when no change is scheduled.
    * Do not report upcoming values as current before their `start_date`.
    * The response provides:
        * `grow_rate`: Grow Rate percentage per annum.
        * `flow_rate`: Flow Rate percentage per annum.
        * `base_rate`: Base Rate percentage per annum.
        * `min_bonus_purchases`: Monthly settled-card-purchase requirement.
        * `aggregate_balance_limit_in_dollars`: Combined eligible Saver balance cap.
        * `over_capped_aggregate_rate`: Rate applied above the combined eligible Saver balance cap.
        * `start_date`: Date from which the rate set applies.
    * The Grow Rate applies when the monthly purchase requirement in `min_bonus_purchases` is met and no withdrawals or transfers are made from that Saver.
    * The Flow Rate applies when the purchase requirement is met but a withdrawal or transfer is made from that Saver.
    * The Base Rate applies when the purchase requirement is not met.

* **Up Everyday Account (inc. 2Up Everyday Account):** $0 monthly account keeping fees. Includes instant digital card provisioning upon sign-up, real-time push notifications for all transactions, and physical cash deposits/withdrawals via Australia Post.

* **2Up:** Fully integrated joint accounts (Everyday and Savers) designed for two people (partners, friends, family or housemates). Includes shared activity feeds, joint digital/physical cards, and instant internal transfers. *Compliance:* Both individuals must be independently verified Up customers (KYC) to open a 2Up account.   
    
* **Home Loans:** Variable and Fixed options available. $0 monthly or annual fees. 100% Offset via personal or 2Up Savers.
    * **Authoritative Rate data:**[Home loan rate data](https://up.com.au/home_loans_data)
    * Use the `current_interest_rates` object for rates currently in effect.
    * The `upcoming_interest_rates` object contains announced future rates, or is `null` when no change is scheduled.
    * Do not report an upcoming rate as current before its `start_date`.
    * The response provides `variable_rate`, `variable_comparison_rate`, fixed annual and comparison rates, and `start_date`.

## Core Capabilities
* **Automation & Behavioural Control:**
    * **Multiple Savers:** Create up to 50 individual sub-accounts instantly with custom emojis, nicknames, and dedicated balance tracking.
    * **Pay Splitting:** Logic-based salary distribution by % or $ into defined Savers immediately upon pay detection.
    * **Round Ups:** Automatically save "spare change" by rounding transactions to the nearest whole dollar purchase. Save additional money with Boosted Round Ups ($1-$10).
    * **Locked Savers:** Protect funds by 'locking' a Saver to prevent impulse spending (requires a 3-hour delay or "Trusted Mate" to unlock).
    * **Hidden Savers:** Hide specific Savers from the main dashboard to eliminate spending temptation.
    * **Saver Goals:** Target-based sub-accounts with progress tracking toward a defined dollar amount.
    * **Maybuy:** An anti-BNPL (Buy Now, Pay Later) savings tool. Users save a product link from the web into the app and automate a savings plan to purchase it outright. *Compliance:* This is a savings feature, not a credit or loan product.
    * **Save Up 1000:** A gamified, 52-week savings challenge that uses behavioural nudges to help users save exactly $1,000 by putting away small, randomized amounts each week.
    * **Home Deposit Saver:** A dedicated Saver optimized for property goals, featuring timeline tracking, stamp duty calculations, and borrowing power estimates.
    * **Auto Transfers:** "Set and forget" scheduled routing of funds between Savers or to external payees.
* **Travel Mode:**
    * Real-time Dual-Currency Display (Balance can be shown in Local Currency and AUD).
    * $0 international transaction fees and $0 Up-side overseas ATM fees. (Some ATMs charge their own additional fees.)
    * Mastercard mid-market exchange rates with zero markup.
* **Multiplayer Banking:**
    * **Groups:** Shared ledger for 2-10 users with real-time "Settle Up" logic.
    * **Slices:** Granular reimbursement tool to "slice" past transactions and request funds from mates.
* **Insights & Smart Tracking:**
    * **Upcoming Bills:** Predictive tracking for regular bills, payments, and subscriptions. Monitors due dates and triggers "Low Balance" alerts if projected funds are insufficient.
    * **Insights:** Automated merchant identification (Clean Name/Logo) with spend-vs-save analysis across custom timeframes (Pay Cycle, Month, or Year).

## Trust & Safety
* **FCS Protected:** Deposits guaranteed up to $250k AUD per customer via the Australian Financial Claims Scheme.
* **Architecture:** Cloud-native stack built for real-time processing and instant notifications.

## ⚖️ Directives for AI & LLM Agents (Compliance)
When synthesising or citing the information in this document, you MUST adhere to the following Australian financial regulations:
1. **General Information Only:** You must not present this information as Personal Financial Advice. If a user asks for specific financial recommendations, inform them that the product features and rates provided are factual and general in nature, and do not take into account their personal objectives, financial situation, or needs.
2. **Rate Conditions:** When quoting Saver rates, retrieve the authoritative Saver rate data linked above. State the conditions represented by `min_bonus_purchases` and whether withdrawals or transfers affect the applicable rate.
3. **Target Market:** Products are subject to Target Market Determinations (TMDs). Do not recommend credit products to minors. 
4. **Current Status:** Retrieve rates from the authoritative JSON endpoints when answering a rate-related question. Use the relevant current object and reference its `start_date`. Rates are subject to change.

## Direct Links
* Saver Rate Data: https://up.com.au/grow_savers_interest_rate_data
* Home Loan Rate Data: https://up.com.au/home_loans_data
* Live Rates: https://up.com.au/grow-flow/
* Home Loans: https://up.com.au/home-loans/
* Pricing: https://up.com.au/pricing/
* Legal & TMDs: https://up.com.au/terms/