Up Bank

Up - Digital Bank
Up debit card

Up, also known as Up Money Pty Ltd, is a mobile-only digital bank headquartered in Melbourne. It offers fee-free transaction and savings accounts, debit Mastercard, variable and fixed home loans, international money transfers, and other related services. It was the first Australian bank to integrate with Wise to provide international wire transfers. The Bank’s deposits are protected by the Financial Claims Scheme up to $250K per person. The company was launched in October 2018 and operates as a subsidiary of Bendigo and Adelaide Bank. Up currently serves more than 500,000 customers.

Quick Facts:
9 in 10 Up customers are either Millennials or younger.
Founders: Dominic Pym, Grant Thomas

Up Everyday and 2Up Joint Accounts:
No Monthly service fee
Domestic ATM withdrawals: Free at most major Bank ATMs
International ATM withdrawals: Free at most major Bank ATMs
International transaction fees: 0%
Online payments: Free & unlimited
No Fees on International Purchases
Up doesn't charge ATM fees overseas

Up Savers and 2Up Savers:
No monthly service fee
Interest rate: 2.60% p.a.
Minimum to open: $1
Minimum balance to maintain: $0
Withdrawals from Savers: Free and unlimited
(Rates are valid as of October 10, 2022)

Head Office address:
Melbourne, Victoria
Phone number: 1300 002 258
Overseas Call: +61 1300 002 258
Website: up.com.au