Up Saver
Up Savers are free to use and pay up to 5.60% p.a. interest per month. Create up to 50 Savers that include features to support money management, like Pay Splitting and scheduled transfers.
On this page
Details
| Field | Value |
|---|---|
| Base | 0.00% |
| Ongoing | 5.60% |
| Ongoing cap | $250K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 5 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | 16 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.00% | Whole balance | All balances |
| Ongoing total, conditions met | 5.60% | This band only | First $250k |
| Ongoing total, conditions met | 2.00% | This band only | Over $250k |
Source: noren.com.au
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Bonus requirements
For Up Saver (Grow), meet these requirements to earn the ongoing total rate shown above.
- Make at least 5 successful qualifying debit-card purchases in the current calendar month (Victoria time). ATM transactions and transfers do not qualify.
- Make no withdrawals or spending from this Saver during the month. One withdrawal switches that Saver to Flow for the whole month.
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 0.00% | 5.60% | - |
Source: noren.com.au
Eligibility
- Age 16 or over.
- Personal use only, hold an Up Everyday account and access the accounts through the Up app.
- Interest must be enabled. A Saver being treated as a home-loan offset does not earn interest.
- Personal qualification counts purchases across your own personal and 2Up accounts.
- Grow allowance is shared across eligible Savers in each personal/joint pool and allocated to the highest balances first. This comparison assumes the displayed balance has that allowance available.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 31 Oct 2026.