Concession Account
Keep your finances in check without breaking the bank. Our Concession Account is fee-free and tailor-made for eligible concession card holders.
Visa Debit card
Use your card online, or when you’re stepping out.
No dishonour or overdrawn fees
Bank on your terms without worrying about fees.
Fee-free banking
Save money with no monthly or transaction fees.
Bank online, 24/7
Easily transfer money and pay bills using internet banking or our mobile app.
Breeze through everyday banking
Concession card holder? We’ve got your back. You can count on us for easy, convenient access to your funds with reduced fees.
We’re all about convenience, so you’ve got options. Pay your bills using BPAY®, and manage your payments from the comfort of home – using our mobile app or internet banking. Plus you can take control of your money with card controls, and sleep easy knowing you can lock or limit your card in an instant, 24/7.
Simple ways to access your money
- Available to eligible government concession card holders.
- Make purchases online or in-store using your Visa Debit card, including payWave.
- Transfer or make payments using our mobile app or internet banking.
- Free cash withdrawals at atmx terminals and all major bank ATMs across Australia.
- Use card controls to block transactions you don’t need such as online, overseas or Visa payWave.
- Lost your card? Lock it temporarily while you look for it, or cancel it and request a new one (you’ll get a new digital card instantly).
Budget like a boss with mymo
mymo is your personal banking buddy. It’s an app you can use with your P&N Bank accounts to help you budget like a boss.
Link up all your bank accounts to see all your income and expenses at a glance, track your spending, and set up bill reminders. Budget smarter, save more, and waste less.
We're happy to help you open your Concession Account at your nearest branch.
You’ll need to be 18 years or older, and an eligible Commonwealth Government concession card holder. Don't forget to bring your card with you!
Eligible cards include:
- Commonwealth Seniors Health Card
- Pensioner Concession Card
- Health Care Card
You can also open a Concession Account in joint names if both owners hold eligible concession cards.
If you don’t already bank with us you’ll need to bring your Australian driver's licence or a valid Australian passport for ID.
A list of alternative identification documents is available for anyone who:
- is under 18 years of age
- is a non-resident
- doesn't have an Australian photo identity document
You’ll need to be an eligible Commonwealth Government concession card holder, and bring your card with you.
These include:
- Commonwealth Seniors Health Card
- Pensioner Concession Card
- Health Care Card
We're happy to help you open your Concession Account at your nearest branch.
You’ll need to be 18 years or older, and an eligible Commonwealth Government concession card holder. Don't forget to bring your card with you!
Eligible cards include:
- Commonwealth Seniors Health Card
- Pensioner Concession Card
- Health Care Card
You can also open a Concession Account in joint names if both owners hold eligible concession cards.
If you don’t already bank with us you’ll need to bring your Australian driver's licence or a valid Australian passport for ID.
A list of alternative identification documents is available for anyone who:
- is under 18 years of age
- is a non-resident
- doesn't have an Australian photo identity document
You’ll need to be an eligible Commonwealth Government concession card holder, and bring your card with you.
These include:
- Commonwealth Seniors Health Card
- Pensioner Concession Card
- Health Care Card
Rates & fees
Your money without all the bells and whistles – just a good, old-fashioned bank account.
Interest rates
| Interest rate | Interest calculated | Interest credited |
|---|---|---|
| 0.00% p.a. | N/A | N/A |
| The basics | |
|---|---|
| Monthly fee | $0 |
| Minimum monthly balance | No |
| Everyday transactions | |
|---|---|
| EFTPOS and Visa purchase | Free |
| Withdrawal at atmx and major bank ATMs in Australia | Free |
| Internet banking & mobile app transfer | Free |
| BPAY® transaction | Free |
| Direct debits and direct credits | Free |
| Non-standard transactions | |
|---|---|
| Bank@Post™ withdrawal | $3.00 |
| Bank@Post™ deposit | Free |
| Card replacement - standard | $10.00 |
| Dishonour fees | |
|---|---|
| Auto Transfer Dishonour Fee | $0 |
| Direct Debit Dishonour Fee | $0 |
| Overdrawn Account Management Fee | $0 |
| Referral Fee | $0 |
Other fees and charges may apply. For more information, please read the full list of account fees and charges.
We're here to help
Talk to us
Whether you’d prefer to chat to us over the phone, in person, or online, you can get in touch.
Get answers online
We’ve got heaps of info and answers to your questions in our comprehensive help centre.
Important information
Banking and Credit products issued by Police & Nurses Limited (P&N Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.
Read the relevant product terms and conditions before deciding if a product is right for you.
An overdraft facility is not available on a concession account, and it is not permitted to overdraw.
Bank@Post™ deposits and withdrawals are available only with a P&N ATM Card or VISA Card. Cheques must be made out in the name of the cardholder to be accepted at Bank@Post™ and are subject to 4 working days clearance.
BPAY® is registered to BPAY Pty Ltd ABN 69 079 137 518.