Whether you’re saving for a home cinema, home renovations or a home on the beach, a SwiftSaver account can help you reach your goal faster.
And you'll be rewarded with a high bonus interest rate when you stick to a regular savings plan. All you have to do is deposit a minimum of $10 a month and make no withdrawals – it's that simple!
It all adds up with this savings account
Earn bonus interest
Be rewarded with bonus interest on balances up to $250,000.
Start saving right away
There's no minimum opening balance required, so what are you waiting for?
Save with automatic round-ups
Open an & Transaction account too, and you can save automatically with Pay&Save.
Interest rates
| Rate type | Interest rate | Interest calculated | Interest credited |
|---|---|---|---|
| Standard rate | 0.20% p.a. | Daily | End of month |
| Bonus rate - deposit $10 per month | 4.35% p.a. | Daily | End of month |
| Total maximum rate (standard + bonus) | 4.55% p.a. |
It's easy to open a SwiftSaver account online
Existing members
Already bank with P&N? Great choice - simply login to internet banking or go to the mobile app to open your new account.
New members
If you’re over 18 years of age, you can open your account in minutes. You’ll become a member and enjoy all of the benefits of banking with P&N.
Open your account in a branch
We're happy to meet you if you choose to open your account at your nearest branch.
For new members only
To open your account online you will need to be:
- over 18 years of age
- an individual (not a business or association)
- an Australian resident with a current Australian residential address.
And you’ll need to provide two of the following:
- a valid Australian driver's licence;
- an Australian passport;
- a Medicare card (green).
Handy hint: Have your tax file number ready. If you earn more interest than the limit set by the ATO, you need to pay tax. To avoid this, provide your tax file number when applying.
Open your account in branch
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
Existing members
Already bank with P&N? Great choice - simply login to internet banking or go to the mobile app to open your new account.
New members
If you’re over 18 years of age, you can open your account in minutes. You’ll become a member and enjoy all of the benefits of banking with P&N.
Open your account in a branch
We're happy to meet you if you choose to open your account at your nearest branch.
For new members only
To open your account online you will need to be:
- over 18 years of age
- an individual (not a business or association)
- an Australian resident with a current Australian residential address.
And you’ll need to provide two of the following:
- a valid Australian driver's licence;
- an Australian passport;
- a Medicare card (green).
Handy hint: Have your tax file number ready. If you earn more interest than the limit set by the ATO, you need to pay tax. To avoid this, provide your tax file number when applying.
Open your account in branch
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
Need more info? We can help!
Talk to us
Whether you’d like to chat to us over the phone, in person, or online, you can get in touch.
Open an account
You can open an account online, and it'll only take you a matter of minutes!
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.
Bonus interest applied when minimum $10 deposited and no withdrawals made from the account during the calendar month. Bonus interest is paid on balances up to $250,000 with balances in excess of $250,000 receiving the standard rate.
Members may hold a maximum of five SwiftSavers as a single account and five SwiftSavers as joint accounts.