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by deecewan 2093 days ago
There is no lowering of your rates if you have too much. It's just that the bonus interest rate only applies to the first $50k you have in your Saver accounts (cumulative). I.e. if you have $51k, you'll only get the bonus interest rate on $50k of that. The remaining $1k only gets the base interest rate. You can see more on the pricing page [1]

Disclosure: Up employee. Not financial advice, etc, etc.

[1]: https://up.com.au/pricing/