Digital lender introduces tiered variable rates
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access cheaper rates.
Neobank enhances mortgage offering
Australia’s first ‘smartbank’ 86 400 has announced a range of enhances to its digital mortgage products distributed exclusively through brokers.
Neobank joins Buyers Choice lender panel
Australian neobank 86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.
Australian neobanks face a sterner challenger than their UK equivalents did
Australian neobanks such as 86 400, Up and Volt, are trying to make dents in an extremely consolidated banking market dominated by the four major incumbents.
The “social-distancing-friendly” home loan
The home loan process at neobank 86 400 was crafted to be a “social-distancing-friendly solution” to brokers during this unprecedented time.
Young savers flock to new wave of neobanks
Young savers are clambering aboard a new wave of Australian digital banks such as Up, Volt, Xinja and 86 400 in recent times.
Neobank offers multiple accounts for savers
Neobank 86 400 has launched three new savings accounts, each earning a maximum interest rate of 2.25% for balances up to a combined $300,000.
Neobank partners with FMS for digital mortgage
Challenger bank 86 400 has partnered with mortgage software provider FMS to utilise its eSign solution for mortgages.