this post was submitted on 07 Aug 2023
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I was switching to that Up Bank (by Bendigo), but they straight refuse to let me fund my crypto account, so that's out because I just want basic control of my own money.

I also have a Bank Australia account, but, while they like to pat themselves on the back about sustainability, their service and product is crap, imo.

So what else you got?

Edit: Just realised I should probably have posted this to AusFinance, but ah well!

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[–] [email protected] 6 points 1 year ago (1 children)

Up initially blocked my payment, but after reaching out to them, I encountered no problems with crypto exchanges. Is it possible that they only restrict new accounts?

It has been about 6 months since I've used crypto so it could also be a new rule.

[–] [email protected] 1 points 1 year ago (1 children)

Yeah, I reached out to them straight away and that was their response. They didn't say anything when I then asked to close the account, so fuck em.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (2 children)

As someone that’s been with them for almost 3 years, this is actually really encouraging to hear. Crypto exchanges fail often, and the exchange rate is usually volatile. I’m glad I get to keep my high savings rate because they don’t take risks. To each their own though!

[–] [email protected] 0 points 1 year ago

I just dont see how its a risk for them to ask 'are you sure?' and I say 'yes, thanks, I'm an adult'. Risk averted.