Up Fees, Rates & Charges
Section K 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 Accounts
Your Up account is free for most standard use. Interest is charged in the event your Up 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
Up Savers are free to use, and they pay 0.70% 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 |
0.70% 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 March 2021 and are subject to change. |
| Qualification criteria |
Make 5 successful purchases using your Up 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. |
| Withdrawals from Savers | Free & unlimited |