Up Saver — savings account review
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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: 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
1. Maybuy goals, round-ups and pull-from-spending automation are genuinely habit-shifting

CONS
1. 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