86400 is an Australian digital bank that launched in July 2019. It operates entirely via a mobile app, and there are no physical bank branches or web clients. 86400 is very intuitive and easy to use and focuses on simplifying clients' banking, as well as using AI to help manage and reduce clients' bills, providing opportunities for them to save money on things like utilities, mortgages, and other loans.
Monthly Maintenance Fee
(United States dollar)
Beware if you are requesting an online decision. When you apply you get the decision in minutes which is good as long as it is approved but not if its rejected. Their rates appear good but their lending criteria is weird. If you get a decline they report this on your Credit Report Score which looks bad when you apply to other lenders. Despite an excellent Credit rating, 95K salary and a property valued at $825,000 they would only refinance up to 43% of the loan (fortunately called the banks call centre before applying). So my 70% refinance application (already approved by other banks) would have been rejected and a loan decline would recorded on my Credit Report. Unfortunate because i liked the banks approach, their rates and loan flexibility.
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On this page, you can see a detailed review of 86 400 Banks with reviews from real users and our experts. 86 400 provides the following services: Card providers, Cash withdrawal, Debit cards, Multi-currency Account, P2P, SWIFT Transactions, Wire Transfer Acceptance.
At the moment, 86 400 rating on Finscanner is 3.8 and on Trustpilot is 3.2.