Up
Up Saver
Up Savers are free to use and pay up to 5.35% p.a. interest per month. Create up to 50 Savers that include features to support money management, like Pay Splitting and scheduled transfers.
Savings & transaction accountsBank updated 8 July 2026
At a glance
- Base rate
- 0.00%
- Bonus rate
- 3.35%
- Up to
- 3.35%
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | — | — | — | 2.00% | — | paid every 1 mo; Min purchases; Earn a total 2.00% on any eligible Saver you withdraw from during the month, when you make 5 or more eligible card purchases from your Everyday Account. |
| Bonus | — | — | up to $250,000 | 3.35% | — | paid every 1 mo; Min purchases; Max withdrawals; Earn a total 5.35% on any eligible Saver when you make 5 or more eligible card purchases from your Everyday Account and no withdrawals are made from that Saver during the month. No monthly deposit re… |
| Bonus | — | — | $250,000+ | 2.00% | — | paid every 1 mo; Min purchases; Max withdrawals; This rate applies to the portion of your combined Saver balances above $250,000, when no withdrawals are made during the month and you make 5 or more eligible card purchases from your Everyday Accoun… |
| VariableThe interest rate that applies on overdrawn amounts. We may calculate interest on the overdrawn amount on a daily basis, and debit it to your account monthly for the UP Saver Account, until the overd… | — | — | — | 11.23% | — | — |
| Variable | — | — | — | 0.00% | — | paid every 1 mo |
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
- · Minimum age 16
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Up under the Consumer Data Right, last changed by them on 8 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.