Pricing | Up - Super Powered Banking

The best way to spend and save.

Easy to try, no monthly fees, and a great interest rate on your savings

No overseas purchase fees

No overseas fees online or in-store. International ATM fees apply.

No monthly fees

Practically no fees at all, actually. Free for most standard use. Details below.

Multiple savers

Instantly create multiple savers within the Up app. It's easy.

Backed & guaranteed

Backed by the best, starting with: Bendigo and Adelaide Bank for banking, Mastercard for payments, and Google Cloud Platform for hosting.

Deposits provided through the Up apps are protected by the Financial Claims Scheme, up to $250,000 per person (in aggregate across all deposit products held with Bendigo and Adelaide Bank).

Up Fees, Rates & Charges

Section I of the Up Personal Account Terms and 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. There are fees for making overseas cash withdrawals and balance checks. Interest is also 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 $5.00
International ATM enquiry $1.50
Overdrawn interest rate 12.28% p.a.

Up Savers

Up Savers are free to use and pay up to 2.75% p.a. interest (introductory rate - terms below). You can only transfer money to and from your Up Savers using your Everyday Account and you can do this as much as you like.

Monthly service fee Free
Interest rate Up to 2.75% p.a. (introductory rate - terms below)
Bonus interest Available on multiple Savers, up to a combined balance of $50,000
Withdrawals from Savers Free & unlimited
Overdrawn interest rate 12.28% p.a.

These rates are effective from 2 August 2018. Up Saver introductory interest rate is available for new customers joining before 1 February 2019 and will be applied for a 4 month period from when you join Up.

Our introductory interest rate is made up of our base rate of 0.75% and bonus rate of 2.00% (both subject to change) and will apply to the combined balance of all your Savers up to $50,000 during the introductory period. The base rate alone will apply to combined Saver balances above $50,000 during the introductory period.

Interest on Savers is calculated daily and paid monthly.

What happens to Up savers rate after Feb 1st 2019?

We're working hard on a new rate structure that rewards you for spending wisely and saving effortlessly. We're aiming to have this in place by early 2019.