No monthly fees
Monthly fees? Not on our watch. Keep your savings where they belong - in your account.
Peace of mind
Total deposits up to $250k are protected by the Financial Claims Scheme.
Access to your money
We understand that sometimes, you just need to dip into your savings.
Bank online, 24/7
Effortlessly transfer money and pay bills using internet banking or our mobile app.
High interest savings accounts for every stage
Savvy Saver Account
A savings account that rewards you with bonus interest each month when you meet the eligibility criteria.
- No monthly fees
- No minimum balance required
- Ability to earn bonus interest*
- Introductory interest rate
- Penalty-free access to your savings
- Pay&Save round-ups to help you grow your savings
Smart Saver Account
A savings account that helps you build better habits and rewards you for regular saving.
- No monthly fees
- No minimum balance required
- Ability to earn bonus interest*
- Introductory interest rate
- Penalty-free access to your savings
- Pay&Save round-ups to help you grow your savings
Hi Saver Account
A savings account where you can earn introductory interest for the first four months from the date you open an account.
- No monthly fees
- No minimum balance required
- Ability to earn bonus interest
-
Introductory interest rate*
- Penalty-free access to your savings
- Pay&Save round-ups to help you grow your savings
*Conditions apply. Please refer to the product pages for more information.
Open a savings account online in minutes
To open an account online, you'll need to be:
New customer
You can open a savings account online in just a few minutes – no queues, no paperwork, just a few clicks and you're good to go.
Existing customer
It's quick and easy to open a new account anytime using internet banking or the mobile app.
Already bank with us?
You can open a new account through the mobile app or internet banking – no additional ID required.
Open an account online
To open an account online, you’ll need to:
- Be at least 18 years old
- Live in Australia with a current residential address
- Be applying as an individual (not a business or association)
- Have two forms of ID from the following:
- Western Australian driver’s licence
- Australian passport
- Green Medicare card
We also recommend having your tax file number (TFN) ready. If you earn more interest than the limit set by the ATO and you haven’t provided us with your TFN, withholding tax may be deducted from the interest you earn.
If you don’t meet the eligibility requirements to open an account online, you can still open an account at one of our branches.
Open an account in a branch
If you’d rather see a friendly face in person, or don’t meet the eligibility requirements to open an account online, drop into one of our branches. Make sure you bring the required documents with you so we can set up your account.
How much could you save?
See how your pot of gold could grow with the help of a good interest rate, regular deposits, and our simple-to-use calculator. No rainbow required!
Savings and term deposit calculator
More calculators
Is a term deposit more on the money?
If you have at least $5,000 in savings and would prefer a competitive, fixed interest rate for a term that suits you, a term deposit could be what you’re looking for.
Take a look at our term depositsLet us help you kick your savings goals
Save on autopilot with Pay&Save
Understand your financial wellbeing
No matter where you are on your financial journey – even if you're only just starting it – Your Financial Wellness can help.
Budget like a boss
Your very own pocket-size budgeting buddy. Track your spending, bills, and savings – all in one place. Even if your accounts aren’t only with us.
We're here to help
Get answers online
Got a question? Our help centre is the ideal place to start.
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.