I'm with Up and they're the best bank I've ever been with.
They pump out features fast and often. Their API is the first I've seen in Aus. Their app is really nice to use and extremely useable.
Possibly my favourite app!
They pump out features fast and often. Their API is the first I've seen in Aus. Their app is really nice to use and extremely useable.
Possibly my favourite app!
Edit: Up is actually at 1.6% when you activate the bonus rate by completing 5 card transactions in a month.
"Interest rate Up to 1.60% p.a. (base 0.10% p.a. and bonus 1.50% p.a - details below)" from https://up.com.au/pricing/
.1% does indeed sound pretty awful.
Up Banking provides the user-facing front-end, which of course needs to be highly secure too, but the tech team at Up Banking is one of the best teams in Australia (it caused quite a bit of buzz in the AU developer community when the team was quietly coming together to start working on this a few years ago; As a fun fact, some of the initial dev team previously worked together building The Conversation [2], which is a huge platform and major content source here on HN).
So, they know what they're doing and they know who to bring in to ensure they've done everything right.
Those interested may want to check out this interview with the founder/CEO [3].
My interest: no personal stake or involvement, but am friends and former colleagues with a few of the team members (including the author of this post), and I know of several others by reputation.
[1] https://en.wikipedia.org/wiki/Bendigo_and_Adelaide_Bank