Updated October 13, 2026 · VaultCue Editorial Team
Nu Mexico vs Up
Nu Mexico
Up
Higher score in this comparison
Nu Mexico vs Up: the differences
| Compare | Nu MexicoReviewSee alternativesSee alternatives | UpReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | MX$0 | A$0 |
| Transfer fee | Free: SPEI transfers, no commission | Free for domestic Pay Anyone transfers, BPAY and direct debits; international transfers sent via Wise |
| Currency conversion fee | Not confirmed | 0% |
| Free ATM withdrawals | Not confirmed | A$0 |
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Key differences
- Support channels: only Nu Mexico offers Community.
- Support channels: only Up offers Email.
- Pricing model: only Up offers Low FX.
- Features: only Nu Mexico offers Digital only.
- Features: only Up offers Free ATM, Joint account.
Our verdict on each
Nu Mexico
Nu Mexico offers an everyday account built around Cajitas Nu for organising money alongside routine spending. The service provides easy-access savings with a structured option for money set apart and appeals to people who prefer managing finances through a digital channel in Mexico.
Up
Up suits anyone who wants an everyday Australian account that charges no monthly fee and no currency conversion fee. The monthly fee is AUD 0, the currency conversion fee is 0%, and the account is provided by Bendigo and Adelaide Bank Limited, with a variable rate on balances.
Score breakdown
| Area | Nu Mexico | Up |
|---|---|---|
| Cost | 9.3 | 9.4HigherCash withdrawals are free within the allowance of AUD 0 and the minimum deposit is AUD 0, so running costs stay low. |
| Offer | 9.8Higher | 9.2Built for travelers, with help on chat, phone and email and an Australian Credit Licence, 237879. |
| Trust | 8.2 | Not confirmed |
How they place
| Ranking | Nu Mexico | Up |
|---|---|---|
| Savings accounts | 1276 of 1420 | 110 of 1420 |
Every fact side by side
| Fact | Nu Mexico | Up |
|---|---|---|
| Audience | Not confirmed | Travelers |
| Pricing model | No monthly fee | No monthly fee, Low FXCovers more |
| Features | Digital only | Free ATM, Joint account |
| Legal entity | Nubank S.A., Institucion de Banca Multiple | Bendigo and Adelaide Bank Limited |
| Headquarters | Mexico | Australia |
| Founded | 2019 | Not confirmed |
| Support channels | Chat, Phone, Help centre, Community | Chat, Phone, Email, Help centre |
Savings
| Fact | Nu Mexico | Up |
|---|---|---|
| Headline rate | 6.5% to 13% | Not confirmed |
| Rate type | Fixed | Variable |
| Minimum deposit | MX$0.010 | A$0 |
| Access terms | Cajitas Nu pay daily yield and stay available 24/7; optional frozen savings of 7, 28, 90 or 180 days | On-demand easy access via the Up app; interest activates after 5 eligible card purchases in a month, no deposit required |
| Account kind | Easy access | Easy access |
Where each stands against the rest
| Fact | Nu Mexico | Up | Median |
|---|---|---|---|
| Currency conversion fee | Not confirmed | 0%below the median | 0.5% |
Median across 377 listed accounts.
Pros and cons
Nu Mexico
Pros
- Everyday account that organises money through savings pots
- Accessible savings paired with optional frozen savings structure
Up
Pros
- No monthly charge on the everyday account: AUD 0.
- No currency conversion fee: 0%.
- Joint accounts and free cash machine withdrawals are both on the free atm and joint account list.
Cons
- Interest activates only after a set number of eligible card purchases in a month, so a balance must see card spending first.
- The account kind is easy access with a variable rate, so a fixed-rate term is not part of the deal.
Who each suits
Nu Mexico
Who it suits
- People who prefer digital management for routine money
- People who like separate pots for everyday goals
Up
Who it suits
- People in Australia who want a current account with AUD 0 a month and 0% on currency conversion.
- The travellers Up is aimed at, since its listed audience is travelers.
- Pairs who want to share one account, as a joint account appears under free atm and joint account.
Who should look elsewhere
- Readers who want a euro account rather than an Australian one, since €0 a month at XTB and €0 at AXI Card Tarjeta y Credito sit outside Up's Australian base.
- Anyone focused mainly on moving money rather than holding a bank balance, where Skrill charges €0 a month.
Current offers
Nu Mexico
Current offer
Discount code
Cinepolis 2x1 with the Nu credit card: 2x1 (buy one ticket, get one free) at Cinepolis
Exclusive promo for Nu credit card holders, listed as a limited-time Mastercard benefit on the promotions page
Source, checked September 26, 2026
Up
Current offer
Bonus
Sign up & SCORE $10 with code UPYEAH10: $10 AUD
Code must be used at sign-up via the Up app; offer only applies to individuals opening a new Up Everyday Account
Source, checked September 26, 2026
Country by country
| Country | Nu Mexico | Up |
|---|---|---|
| Australia | No | Yes |
| Mexico | Yes | No |
Questions about each
Nu Mexico
What does Nu Mexico offer for everyday banking?+
Nu Mexico provides an account for routine use that includes easy-access savings for organising money. It combines accessible pots with a structured option for money set apart. The experience focuses on digital management for spending and saving together.
Who is Nu Mexico designed for?+
Nu Mexico appeals to people who want banking and savings in one digital place. It attracts those who value organised pots for plans and routine costs. Check whether flexible access with added structure matches your habits.
Up
What does it cost to hold an Up account?+
Up charges a monthly fee of AUD 0 on the everyday account, and the currency conversion fee is 0%. The minimum deposit is AUD 0. Domestic Pay Anyone transfers, BPAY and direct debits are free, while international transfers are sent through Wise.
Who provides the account and what licence is behind it?+
The account comes from Bendigo and Adelaide Bank Limited, Bendigo and Adelaide Bank Limited, which is based in Australia, AU. Up also holds an Australian Credit Licence, 237879, and an Australian Financial Services Licence in Australia.
Other options to compare
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Nu Mexico