Up Fees, Rates & Charges
Section L of the Personal Accounts Terms & Conditions (we recommend you read these) contains a complete listing of our fees and charges. Below is the information relevant to most people, most of the time.
Up Everyday & 2Up Accounts
Your Up & 2Up accounts are free for most standard uses. Interest is charged in the event your Up or 2Up account becomes overdrawn.
| Monthly service fee | Free |
| Direct debits | Free & unlimited |
| Online payments | Free & unlimited |
| Deposits to Savers | Free & unlimited |
| Domestic ATM withdrawals | Free at most major Bank ATMs |
| Domestic ATM enquiry | Free at most major Bank ATMs |
| International transaction fees | 0% |
| International ATM withdrawal | Free at most major Bank ATMs |
| International ATM enquiry | Free at most major Bank ATMs |
| Overdrawn interest rate | 11.23% p.a. |
Up Savers & 2Up Savers
Up Savers and 2Up Savers are free to use, and they pay 1.10% p.a. interest once activated. You can transfer money to and from your Up Savers and your Everyday Account as much as you like.
| Monthly service fee | Free |
| Interest rate |
1.10% p.a. calculated daily, paid monthly once qualified and applied from the start of the qualifying calendar month. 0% interest is paid when unqualified. Rates effective from 1 July, 2022 and are subject to change. |
| Qualification criteria |
Make 5 successful purchases using your Up or 2Up debit card, Apple Pay™, Google Pay™ or other digital wallets in a calendar month. ATM transactions or transfers are not included. |
| Interest cap | Once qualified, interest is paid on the combined balance of Savers up to $1M in your Up Savers as well as $1M in your 2Up Savers. |
| Withdrawals from Savers | Free & unlimited |