Hi Saver Account
Boost your savings and enjoy bonus interest for the first four months with our Hi Saver Account. It's your savings, supercharged.
- Base rate
- 0.05%
- Intro rate
- 5.15%
- conditions apply
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Introductory The Hi Saver introductory interest rate applies for the first four months on daily closing balances from account opening date. At the end of the bonus period the standard ongoing variable interest rate at that time will apply. · Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. · Interest rate applies for the first four months on daily closing balances from account opening date. | 5.15% | Introductory Bonus Rate | monthly |
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 0.05% | Floating Balance Tier 1 | monthly |
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 0.05% | Floating Balance Tier 2 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Overseas Telegraphic Transfer Fee $45 per staff assisted telegraphic transfer sent in AUD currency. $30 per staff assisted telegraphic transfer sent in a foreign currency. | Transaction | $45.00 |
| International Transfer Fee Per online banking transfer sent in a foreign currency. | Transaction | $15.00 |
| Bank Cheque Fee Per bank cheque requested by you. | Event | $10.00 |
| Cash Handling Fee Coin and note deposits are available at P&N branches. Coin deposits must be counted and bagged by customers or you will be charged 5% of the coin amount. Note deposits more than $10,000 per day will be charged at 0.25% of the deposit amount. | Transaction | Variable |
| Cash Passport Fee For the initial activation and each currency top-up requested in branch. | Event | $10.00 |
| Statement Retrieval Fee Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement. | Replacement | $2.50 |
Features
- Digital banking
- Transfer or make payments using our mobile app or internet banking. Payments made with PayID or using Osko are received in near real-time.
- Real-time payments (NPP)
- Transfer or make payments using our mobile app or internet banking. Payments made with PayID or using Osko are received in near real-time.
- PayID
- Use your phone or email address as your PayID to securely send payments to and from banks almost instantly.
- Eligible members can deposit foreign cheques in branch. $10 fee for foreign cheque deposits up to $25,000 AUD and $60 fee for foreign cheque deposits over $25,000 AUD. Please contact us on 13 25 77 or visit your nearest branch for more information.
- Unlimited transactions
- Save money with no monthly, minimum balance or transaction fees. Other fees and charges may apply. Please visit our website for full information.
Eligibility
- Minimum age — 12 years
- A member may hold a maximum of one Hi Saver account as a single account owner and one Hi Saver account as a joint account owner. You may apply to open a Hi Saver account 12 months from the date of closing any previously owned Hi Saver account as a single or joint account holder.
- You must be or become a P&N Bank member
- Residency status — You must be an Australian citizen and/or resident or a non-resident with a qualifying visa evidencing 12 months or longer residency. A valid Australian address is required to open an account. Membership eligibility applies.
Constraints
- Maximum balance — $5,000,000.00Maximum balance is $5,000,000
More Information
Published by P&N Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 37 · View on CDR.gov.au