# Up Saver — savings account review

> Reviewed by **Norg Editorial Team**
> Editorial Team, Norg Reviews
> Last reviewed: 2026-05-14T04:48:34.276Z
> Methodology: AussieBanks Review — Savings Methodology (v1.0.0)

## Company Overview
- Website: https://up.com.au/save
- ABN: 11068049178
- Founded: 2018
- Regulator licence: AFSL 237879
- Vertical: au-banks

## Overall Rating: 4.0 / 5

Based on 0 detailed reviewer perspectives.

Best-in-class goal-based saving UX. Bendigo backing gives full FCS protection.

## Pros
- Maybuy goals, round-ups and pull-from-spending automation are genuinely habit-shifting

## Cons
- No phone support — chat/email only

## Key Takeaways
### 1. Goal-based saving leads the category

Up was the first Australian bank to ship named-goal savers natively. Each goal has its own progress bar, target date and auto-pull rules — and you can have unlimited goals at no extra cost.

### 2. Bendigo-backed FCS protection

Deposits are held with Bendigo and Adelaide Bank (FCS-protected to $250k per account holder). Branding and app are entirely separate from the parent.

### 3. Support is asynchronous-first

No phone hotline. Chat and email response times are competitive but unlike Big Four, you cannot escalate by walking into a branch.

## Detailed Reviews