P&N Bank
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.
Savings & transaction accountsBank updated 23 Sept 2026
At a glance
- Base rate
- 0.05%
- Intro rate
- 5.30% for 4 mo
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| IntroductoryThe 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 ra… | — | 4 mo intro | up to $5,000,000 | 5.30% | — | paid every 1 mo; 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. |
| Variable | — | — | up to $5,000 | 0.05% | — | paid every 1 mo; Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
| Variable | — | — | $5,000+ | 0.05% | — | paid every 1 mo; Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
§ 02 — Fees · 17
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Foreign Cheque Deposit <$25,000 Fee | Deposit | $10 | — | $10 fee for foreign cheque deposits up to $25,000 AUD. Eligible members can deposit foreign cheques in branch. |
| Foreign Cheque Deposit $25,000+ Fee | Deposit | $60 | — | $60 fee for foreign cheque deposits of $25,000 AUD or more. Eligible members can deposit foreign cheques in branch. |
| Auto Transfer Dishonour Fee | Dishonour | $6 | — | Charged where there are insufficient funds in your account when an external auto transfer or BPAY payment is due to be made. |
| Dishonour Fee | Dishonour | $6 | — | Where a direct debit is dishonoured due to insufficient funds. |
| Audit Certificate Fee | Event | $30 | — | Charged per audit certificate request. |
| Bank Cheque Fee | Event | $10 | — | Per bank cheque requested by you. |
| Cash Passport Fee | Event | $10 | — | For the initial activation and each currency top-up requested in branch. |
| Overdrawn Account Management Fee | Event | $10 | — | A fee applied in relation to any month where we allow the approved credit limit on your account to be exceeded by more than $50 or, if your account does not have an approved credit limit, if we allow… |
| Referral Fee | Event | $3.50 | — | Where an account has insufficient available funds to cover an auto transfer or direct debit transaction, and the transaction is honoured by P&N Bank. |
| Statement Retrieval Fee | Replacement | $2.50 | — | Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement. |
| Cash Handling Fee | Transaction | Varies | — | 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… |
| International Transfer Fee | Transaction | $15 | — | Per online banking transfer sent in a foreign currency. |
| Manual External Transfer Fee | Transaction | $2.50 | — | Staff assisted manual transfer to another organisation. Charged per transfer. |
| Manual Trace Fee | Transaction | $40 | — | Charged for your request to manually trace a payment to confirm receipt of payment. |
| Overseas Telegraphic Transfer Fee | Transaction | $45 | — | $45 per staff assisted telegraphic transfer sent in AUD currency. $30 per staff assisted telegraphic transfer sent in a foreign currency. |
| RTGS From Another Bank | Transaction | $8 | — | Per payment received into your account. To cover the cost of processing 'SWIFT' payments from overseas and same day local payments through 'RTGS' (Real Time Gross Settlement) systems. |
| RTGS To Another Bank | Transaction | $25 | — | Per payment sent from your account. To cover the cost of processing 'SWIFT' payments as same day local payments through 'RTGS' (Real Time Gross Settlement) systems. |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
- · 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 o…
§ 04 — Eligibility & limits
- · Minimum age 12
- · Residency: 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.
- · 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 cl…
- · You must be or become a P&N Bank member
§ 05 — Compare
§ 06 — Run the numbers
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Published by P&N Bank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.