BSB 806 015

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BSB 806 015

Cash Saver Account

Monthly fee


High interest rate

Balances over $5,000

Free electronic transactions



Paid monthly into your account

When you open a Cash Saver Account and maintain a balance of $5,000 or more, you can earn a  variable interest rate.

  • Watch your savings grow - a variable interest rate paid monthly into your account.
  • Automatically save - with P&N's Pay&Save. Link to an & Transaction Account with Pay&Save and you can round up Visa Debit purchases to the nearest dollar – and save the difference into your Cash Saver account.
  • No account fees - and no minimum opening balance.
  • No strings attached - no regular deposits required and you're not locked into a fixed term.
  • Fee free transactions - keep more of your money in your pocket. A range of fee free transactions are included in our Cash Saver Account.
  • Easy Access - access your funds 24/7 via Internet Banking, Mobile App, Phone Banking and SMS Banking.

Interest Rates

Product Name Tier Rate
Interest Calculated Interest Credited
CashSaver Account $0 - $4,999 0.00% p.a. Daily balance Last day of every month
CashSaver Account > $5,000 0.90% p.a. Daily balance Last day of every month

CashSaver Fees & Charges

Account fees & charges
Monthly Base Balance Fee


Base Balance


Unlimited Free Transactions
  • Payroll Credit
  • Direct Credit
  • Internet Banking Transfer
  • Mobile App Transfer
  • Phone Banking Transfer
  • Express Cheque Deposit
  • Cheque Deposit
  • Cash Deposit (notes)
  • Direct Debit from another institution to P&N Bank
  • BPAY®
  • Auto Transfer (internal/external)
  • Direct Debit
  • Cash Withdrawal
  • Manual Transfer
Transaction fees & charges
Bank@Post™ depositNot available
rediATM, BOQ & NAB ATMNot available
EFTPOSNot available
VISA PurchaseNot available
Bank@Post™ withdrawalNot available
Cheque withdrawalNot available

The table above covers fees and charges related to this product.

Other fees & charges that apply to all of our accounts can be found on our fees and charges page.

® Registered to BPAY Pty Ltd ABN 69 079 137 518

It’s easy to apply for a CashSaver Account with P&N Bank.

For existing members:

Apply online

If you're 18 years of age with Internet banking access you can Log in and go to Apply. You can open a Cash Saver Account and a range of other savings and term deposit accounts in minutes.

Over the phone

Call us on 13 25 77 and one of our friendly consultants can open an account for you over the phone.

In person

Open an account at your nearest branch.

For new members:

Apply online

If you are not an existing P&N Bank member you can open a range of savings and term deposit accounts online.

To apply for an account online you must:

  • be 18 years of age
  • be an individual
  • be an Australian resident with a current Australian residential address, and
  • have two forms of identification, either an Australian Drivers Licence, Australian Passport or Medicare card.

To open a new account you must become a P&N Bank member.

You don’t have to quote your Tax File Number or claim an exemption, however, if you don’t, you could have withholding tax deducted from any interest credited. You can supply your Tax File Number at any time by visiting a branch or contacting us.

In person

Open a Cash Saver account at your nearest branch

If you’re joining as a brand new member, you need your Australian driver's licence or a valid passport. You can also use one form of primary ID without your photo (eg. your birth certificate or citizenship papers) with one form of secondary ID (eg. your most recent power bill). Original and certified copies of documents are accepted.

0.90 % p.a. Interest Rate


Each of the Standard Interest Rate for CashSaver is variable and subject to change.

View the Terms and Conditions

View the Interest Rate Schedule

Target Market Determinations (TMDs) are available for products.

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