RelatedAustraliaZero Min DepositOnline OnlyFast Approval

Up (Bendigo Bank)Up Bank

Australia 数字银行 Fully online Residents only ★ 4.3
Open account ↗
Minimum depositNo initial deposit
Monthly feeNo monthly fee
Minimum balanceNo minimum balance
How to apply—
Processing timeAbout 10 min online
Institution typeDigital Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • Zero monthly fee, minimal experience
  • Great budgeting and savings goals
  • Opens in minutes

Things to note

  • Australian phone and address required
  • Not for non-residents
  • No physical branches

Documents required

  • Australian phone number
  • Passport or Australian driver license
  • Australian address

Fully online, done in minutes; residents only

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

No Monthly FeeNo Min DepositFully OnlineDigital BankFast Approval
Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.

Other accounts in this region

Commonwealth Bank ★ 3.6 Westpac ★ 3.4 ANZ ★ 3.4 NAB ★ 3.3

Guides mentioning this bank

How to Open an Australian Bank Account→
Compare all banks Smart matcher Opening guide