Up Bank review

The debit account carries a monthly fee of AUD 0, and the currency conversion fee is 0%. Both sit at the low end of the comparison, so the only charge worth planning for is cash withdrawal. Up Bank has been trading since 2018.

The currency conversion fee on the debit card is 0%, which is the measure the comparison ranks 1 of 259 on. That makes it an easy card to use abroad, and travel and virtual card are among the account's features.

The free ATM withdrawal allowance on the debit card is AUD 0, and the median across the brands compared here is €0. Up Bank places 41 of 115 on this measure, so expect to pay each time you take money out.

The account is issued by Bendigo and Adelaide Bank Limited in Australia, which holds an Australian Credit Licence under the National Credit Code, licence number 237879. Because this is a debit account, spending comes straight out of the balance.

It is a debit card on the mastercard network, so purchases draw on the balance in the account rather than a credit line. Support runs on email, chat and phone, and the brand dates from 2018.

The feature list for the debit card reads travel and virtual card, so virtual card use and travel are both part of the account. It runs on mastercard, and the monthly fee is AUD 0.

Support runs on email, chat and phone, so help is reachable by phone, chat, email and the help centre. For a debit card used daily, that range of channels is the safety net when a payment is queried or a card is blocked.

Up Bank serves customers of Bendigo and Adelaide Bank Limited in Australia, and the debit card suits people who pay by card daily and travel in the same currency as their balance. It fits card first spenders less well if cash is the main way they take money out, given the free ATM allowance of AUD 0.