P&N Bank interest rates

^Available to members who have acquired an & Home Loan after October 2015, & Home Loan Intro Rate, Simple Home Loan, Offset Home Loan or & Investor Home Loan.

*100% of deposit balance is offset against the balance of the linked home loan.

# No longer available for sale. 

Where any transaction account is overdrawn, interest will be charged on the overdrawn balance and will be calculated daily at 16.69% p.a. and charged to the account in accordance with the dates detailed above. All rates are subject to change without notice.​​​​​​

* The Hi Saver bonus interest rate applies for the first four months from account opening date. At the end of the bonus period the standard ongoing variable interest rate applicable at that time will apply. If your Hi Saver account was opened on or after 1 April 2023, balances above $0 will be eligible for the bonus rate for the first four months from the date of opening your account. If your Hi Saver account was opened before 1 April, 2023 please refer to the Savings and Transaction Interest Rate Schedule for current rates applicable.

^ 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.

# No longer available for sale.

Where any transaction account is overdrawn, interest will be charged on the overdrawn balance and will be calculated daily at 16.69% p.a. and charged to the account in accordance with the dates detailed above. All rates are subject to change without notice.

We calculate interest daily by multiplying the balance of your deposit by the fixed interest rate. Interest is paid at maturity for terms under 12 months only. For terms of 12 months or more interest can be paid monthly, quarterly, or annually. Interest can be added to the principal amount, or you can request for it to be credited to your nominated bank account.

Please note that interest rates for amounts of $1,000,000 and over are by negotiation. For more detailed information please refer to the Terms & Conditions and Term Deposit Interest Rate Schedule.

For amounts under $5,000 please refer to the Hi Saver or SwiftSaver Account under savings accounts.

^To be eligible for the & Retirement Term Deposit, at least one account holder must hold a & Retirement Account.

Target Market Determinations (TMDs) are available for products.

*Available for a limited time, only for new owner occupier borrowings up to 95% of the property value. Minimum loan amount $150,000. Rate reverts to & Home Loan rate after 12 months (currently 7.22% p.a.)

^Not available for sale. Fixed Rate Home Loans will automatically roll over to this product at the end of the fixed period.

Credit products issued by Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Lending criteria, terms & conditions, fees & charges apply. Rates subject to change.

Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. For variable Interest Only loans, comparison rates are based on an initial 3 year Interest Only period. For fixed Interest Only loans, comparison rates are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

The current rate applicable to your home loan product can be easily veiwed on your Internet Banking/Mobile App under 'Account Information' and if you are still not sure you can call on 13 25 77 Mon-Fri 8:00am - 6:00pm WST and Sat 9:00am - 5:00pm WST or visit your nearest Branch for more information.

Credit products issued by Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Lending criteria, terms & conditions, fees & charges apply. Rates subject to change.

Comparison rate calculated based on $30,000 over a term of 5 years on monthly repayments for secured and unsecured loans. Rates quoted may vary depending on loan purpose and security offered. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

^Available to members who have acquired an & Home Loan after October 2015

^No longer available for sale

Credit products issued by Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Lending criteria, terms & conditions, fees & charges apply. Rates subject to change.

Comparison rate calculated based on $30,000 over a term of 5 years on monthly repayments for secured and unsecured loans. Rates quoted may vary depending on loan purpose and security offered. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

#No longer available for sale