Savings account · 16+ years
Up Essentials Saver
2.00%p.a. total
No bonus conditions: the rate is paid every month
136th of 151 savings accounts · market average 4.46%
The RBA raised the cash rate to 4.85% on 4 November. Up Essentials Saver hasn't moved yet.
What it asks
Nothing each month- Each month
Nothing. The rate is paid every month.
- Who can open it
Anyone 16 or over
- Balance
No balance cap.
Rate history
No change since tracking began on 24 Sep- Up Essentials Saver
- RBA cash rate
- Market average
No changes recorded for this account since tracking began on 24 September 2026.
- #109SepSep 2026: ranked 109 of 120
- #135OctOct 2026: ranked 135 of 150
- #136NowNov 2026: ranked 136 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 3 months: from #135 of 150 in Oct 2026 to #109 of 120 in Sep 2026.
- Interest a year
- $1,000
- Each month
- $83
- Against the average (4.46%)
- −$1,229
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Up’s Essentials account lets you save and pay for your upcoming bills while earning up to 2.00% p.a. interest.
Notes from savers
to leave a note.
Other Up accounts: Up Saver 5.85%
Pays 2.00% p.a. with no bonus conditions as of 9 November 2026. Ranks 136th of 151 savings accounts tracked by BankMate, 2.46 points below the average of 4.46%. It has not changed since tracking began on 24 September 2026. From Up's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·