86400 referral code: $20 Free Credit
86 400 Debit Card
86 400 is a neobank that operates entirely via a mobile app, with no desktop site or bank branches. Just like their name, 86 400 isn’t what you’d expect from a traditional bank! Priding themselves in being one of Australia’s pioneering neobanks, 86 400 stands for the number of seconds in a day.
The mobile-based bank uses innovative technology to provide customers with useful insights, personalised savings tools and minimal fees. Not to mention joining takes just minutes with no credit checks or income requirements.
Use our 86400 referral code for a free sign up bonus of $20 when you make 3 card purcahses. Use code: C7N1TAZ
- SIGN UP BONUS
$20
- ANNUAL FEE
$0: Zip, Zilch, Nada!
- FX RATE
0% on International transaction fees
- ATM FEES
$0 fee for both local and international ATMs
86400 referral code: Get $20 cash in your new account!
Sign up for the free 86 400 bank account using our 86400 referral code C7N1TAZ to get $20 when you sign up! But you'll have to be quick - it's only for a limited time! To get the $20 you have to make 3 card purchases.
Where do I enter the code?
Once you've downloaded our app, make sure you enter the referral code you received on the 'About you' screen during the sign up process. 
So what’s a Neobank?
Neobanks are simply banks which are completely digital. Although the word bank is generally associated with long queues, poor customer service and countless fees, neobanks promise to be different. They don’t even have physical branches!
What they do provide is all the banking services you need from the convenience of a smartphone app. They vow to deliver app-based banking that is easy to use and beautifully designed, with the ability to quickly track your spending whilst also delivering an excellent customer experience.
Is 86 400 Safe?
At first, you may be apprehensive about the idea of a fully digital bank. Although, it is important to note that neobanks are regulated by the same authorities as traditional banks – the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investment Commission (ASIC). Plus, just like traditional banks, deposits of up to $250,000 per person are protected by the Financial Claims Scheme (FCS).
86 400 is an independent company backed by Cuscal, a leading Australian payments provider. The company is predominantly owned by Cuscal, along with an Australian superannuation fund, fund managers, high net worth individuals and family offices.
86 400 Account Features
The 86 400 bank account and debit card comes with all the features you would expect from a traditional bank plus more!
No Fees
All the basics of a debit card with zero card, account or ATM fees
Detailed Transaction History
Tells you who, when and how you paid
Multi-bank Activity Tracking
Track your money across other banks, not just 86 400
Account Funding
Top up your account with PayID or your BSB and Account Number
Secure Card
Instantly lock and unlock your card from the app
Contactless Payments
Support for Apple, Samsung, Google, Fitbit and Garmin
86 400 Is Great For Travel
While traditional banks will charge in excess of 3%, 86 400 boasts zero currency conversion fees and zero international ATM withdrawal fees (although the ATM provider may charge a fee). 86 400 uses Visa’s daily exchange rates without applying any markup.
1.60% p.a. Interest Rate
86 400 offers a decent savings interest rate of 1.60% p.a. (0.15% base rate plus a 1.45% bonus rate). To be eligible for the bonus interest you must deposit a total of at least $1,000 per month into any of your 86 400 accounts. Interest is calculated daily and paid monthly, with bonus interest applied on balances of up to $100,000 per account.
Eligibility Criteria
To be eligible for the 86 400 bank account and debit card, you will need to meet the following requirements:
Residency
Australian citizen or permanent resident
Minimum Age
16
Personal Details
Hold either an Australian driver licence, passport or Medicare card
Is 86 400 right for you?
Neobanks are setting a new benchmark for what a banking app should be, and truly showing just how far behind the big four really are. Although 86 400 isn’t our favourite neobank out there, they do offer useful spending insights, various payment options, a good savings interest rate and almost zero fees.