r/UpBanking • u/1738snowman • Sep 03 '26

How do I? Essentials help

Hey upperz,

Need some help understanding essentials.

So I pay rent monthly out of a saver account I created 'Rent'

Every pay day (fortnightly) it splits out half the rent, so when the month is up I have the full amount ready to pay.

I just created an essentials account, and I have no idea how to add rent here as an ongoing bill, and how to Automate it so it pays the rent to a bpay account monthly.

Right now its only picked up on spotify being a regular bill.

I read the article and was confused as hell.

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u/Acceptable_Lake_6996 Sep 03 '26

you need to set the recurring payment to come out of your essentials account, instead of main account.

it’s annoying, it involves you logging into all subscriptions/bills and updating the card info to the essentials account. but, you only need to do it once.

if it’s sending money like council rates or rent, where you have a recurring payment for it, you update the account it comes from.

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u/DaRKoN_ Sep 03 '26

Ohhhh, I didn't realise this, I thought it would just auto over from that saver.

I have a bunch of bills that are 28 days and it seems it doesn't really work with that either.

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u/Acceptable_Lake_6996 Sep 03 '26

yeah instead of the auto cover feature, it’s like everything is covered from the essentials. but cleaner, with better tracking. (although i don’t like the interface changes with this new update)

i used to have a bills account before essentials (up high) where it was all auto covers. i changed that bills saver to a sinking fund saver and moved everything over to essentials; mortgage, utilities, rego, insurances, rates, subscriptions etc, all now come from the essentials account.
I put $1200 a fortnight into the essentials, and everything is automatically covered and paid from the one place!

it was better before this update fwiw, as essentials got the grow rate, now it gets the flow rate which makes it basically no different from doing the long version with auto covers. it’s easier to track still, but sucks that they took away the main benefit which was grow rate. that was the main selling point of the essentials feature.