& Transaction Account
A simple to use everyday bank account with unlimited free standard transactions for your everyday spending.
- Base rate
- 0%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 0% | — | 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@Post Withdrawal Fee Fee for Bank@Post cash withdrawal at participating Australia Post offices. | Withdrawal | $3.00 |
| 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 |
Features
- Additional cards
- Replacement Card can be ordered for a lost, or damaged Visa Debit or Credit card. $50 for an urgent card replacement. $10 for a standard card replacement. An emergency issue of a temporary Visa card can be requested by you to temporarily replace a lost, stolen or damaged Visa Debit or Credit Card. If approved $320
- Card access — Visa Debit card available
- A Visa Debit Card is available for this account. Make purchases online or in-store using your Visa Debit card, including paywave. Please visit our website for more information.
- 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.
- Digital wallet — Apple Pay, Google Pay & Samsung Pay
- Make payments by adding your card to your digital wallet.
- Fraud protection
- Shop safely with participating online merchants with Visa Secure and EFTPOS Secure. Please see the terms and conditions for more information.
Eligibility
- Minimum age — 12 years
- Individuals onlyMember must be a natural person rather than another legal entity.
- 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 38 · View on CDR.gov.au