86 400 Savings Accounts

86 400

86 400 is a digital bank and provider of savings accounts, transaction accounts and home loans. The 86 400 mobile app is free to download for both Apple and Android devices.

What savings accounts does 86 400 offer?

At the time of writing, 86 400 have one savings account called the Save savings accounts that can be accessed and managed through the 86 400 mobile banking app.

Some features of a 86 400 Save account include:

  • Open up to three Save accounts
  • Instant transfers in and out of your Save account with Osko and PayID
  • Make payments directly from your Save account via BPAY
  • Earn bonus interest each month that you satisfy the eligibility requirements
  • Access for two people with a shared Save account

Compare Savings Accounts

Do 86 400 savings accounts require a linked transaction account?

You are required to have at least one 86 400 Pay transaction account to open an 86 400 Save account. A linked 86 400 Pay account or a transaction account with another bank that is linked to your Save account allows you to transfer money to and from your savings or make purchases with a debit card, among other things.

Does 86 400 charge fees on its savings accounts?

Savings accounts can come with several fees, such as monthly account-keeping fees, transaction fees, withdrawal fees and more. At the time of writing, 86 400 says that it does not charge any monthly fees on its Save saving accounts.

What does 86 400 offer in terms of mobile banking for savings accounts?

86 400 provides access to and control of your Save accounts via its mobile banking app, available to download for free from both the Apple and Google store. Notable features of the 86 400 mobile banking app include:

  • Tracking tools for your spending 
  • The ability to open and close accounts easily
  • The option to view the balance of each of your accounts
  • The use of se a passcode or fingerprint authentication to access your account

How do I apply for an 86 400 savings account?

Before applying for a 86 400 savings account, consider comparing it against other savings accounts on the market to ensure it is the right one for you. 

Compare Savings Accounts

To open a Save savings account with 86 400, you need to be:

  • 16 years old or older
  • an Australian citizen or permanent resident with an Australian residential address

And have: 

  • an Australian mobile number
  • the 86 400 app installed on your phone
  • at least one Pay account
  • met any other criteria that may be required to comply with law or a direction or instruction of an authority

If you meet the criteria, you can open a Save account through the 86 400 mobile app. The website says that you can sign-up to 86 400 in two minutes.

About 86 400

86 400 is a neobank that combines banking with technology and is accessible solely through the mobile app. The digital bank is named after the 86 400 seconds in a day.

Compare Savings Accounts

This article was reviewed by our Sub Editor Jacqueline Belesky and Finance Journalist Elise Donaldson before it was published as part of our fact-checking process.

Follow Canstar on Facebook and Twitter for regular financial updates.


Thanks for visiting Canstar, Australia’s biggest financial comparison site*

→ Looking to find a better deal? Compare car insurance, car loans, health insurance, credit cards, life insurance and home loans with Canstar. You can also check your credit score for free.

Written by: Eliza Parry-Okeden | Last updated: January 4, 2021