Up Bank Debit Card Review
The Up debit card offers a seamless, fee-free experience, featuring a $20 sign-up bonus and 0% overseas transaction fees—making it an ideal travel companion. With no monthly fees, instant transaction alerts, and smart budgeting features, it’s perfect for managing both everyday expenses and international spending.
Pros
- ✓
$20 Bonus with code SCONS - ✓
0% International transaction fees - ✓
No annual fee - ✓
4.35% Savings interest
Cons
- ✕
None!
* Interest rates are subject to change. Visit up.com.au/terms for full terms and conditions.
Up Bank is revolutionising banking in Australia with their digital-first approach, offering a seamless banking experience with zero fees and great features for everyday banking and travel.
Quick Overview
- Sign Up Bonus: $20 with our exclusive link
- International Fees: 0%
- Interest Rate: 4.35% p.a.
- Annual Fee: $0
- ATM Fees: $0 for local and international withdrawals
Get Your $20 Welcome Bonus
Sign up for the free Up card and bank account using our exclusive referral link and you’ll receive $20 credited to your account. No credit checks or income requirements needed – perfect for getting started with digital banking.
Key Features and Benefits
💰 Zero Fees
- No monthly account fees
- No international transaction fees
- No ATM fees (operator fees may apply)
- No hidden charges
📱 Smart Banking Features
- Instant digital card via Apple Pay/Google Pay
- Real-time transaction notifications
- Automatic spending categorization
- Round-up savings feature
- Detailed spending insights
- Multiple savings accounts (“Savers”)
✈️ Travel Benefits
- Zero international transaction fees
- Free international ATM withdrawals
- Mastercard exchange rates with no markup
- Instant card controls for overseas use
- Real-time overseas transaction alerts
How Up Bank Works
Up Bank operates entirely through their mobile app, offering:
- 5-minute digital signup process
- Instant digital card access
- Easy fund transfers via PayID
- Built-in budgeting tools
- Smart merchant recognition
- Automatic bill detection
- Savings automation features
Safety and Security
Your money is completely secure with Up Bank through multiple layers of protection:
- Backed by Bendigo Bank’s banking license
- Protected by the Government’s Financial Claims Scheme (up to $250,000)
- Regulated by APRA and ASIC
- Advanced security features including biometric login
- Real-time fraud monitoring and instant transaction notifications
Competitive Savings Rate
Earn 4.35% p.a. interest on your savings:
- No minimum balance required
- No minimum deposit conditions
- Interest paid monthly
- Multiple savings accounts available
- Automatic savings features
Who Should Get Up Bank?
Up Bank is perfect for:
- Digital-savvy users who prefer app-based banking
- Frequent travelers wanting to avoid fees
- People looking for better budgeting tools
- Anyone wanting a high-interest savings account
- Those who want instant payment features
How to Apply
- Click our exclusive link: https://hook.up.me/scons
- Download the Up Bank app
- Complete the digital application (takes about 5 minutes)
- Verify your identity
- Start using your digital card immediately
- Get your $20 bonus
The Verdict
Up Bank offers a fantastic digital banking experience with no fees, great features, and a competitive savings rate. It is the number one choice for Australian’s travelling overseas thanks to unlimited fee free international transaction and ATM withdrawals. The addition of a $20 sign-up bonus makes it even more attractive for new customers.
What We Love
✅ $20 welcome bonus
✅ Zero fees across the board
✅ High interest rate on savings
✅ Excellent app experience
✅ Great travel features
Room for Improvement
❌ No physical branches (though rarely needed)
❌ Cash deposits require Bendigo Bank branch or Australia Post
Click Here to Get Your $20 Bonus →
Terms and conditions apply. Interest rates subject to change. Visit up.com.au/terms for full details.
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