Up - Australian Digital Bank

Up - Digital Bank
Up debit card

Up (also known as Up Bank, Up Money Pty Ltd), headquartered in Melbourne, is an Australian mobile-only digital neobank offering monthly fee-free transaction and savings accounts, debit Mastercard, international money transfers, and other related services. It is the first Australian bank to integrate with Wise to provide international wire transfers. Up was named a winner in the Exceptional Everyday Account category by Mozo in 2020. The Bank’s deposits are protected by the Financial Claims Scheme, up to $250K per person. It was launched in October 2018 and operates as a subsidiary of Bendigo and Adelaide Bank. Today Up serves more than 400,000 customers. In August 2021, Xavier Shay has been appointed as CEO of Up.

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: 0.70% p.a.
Minimum to open: $1
Minimum balance to maintain: $0
Withdrawals from Savers: Free and unlimited

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