& Transaction Account

An everyday transaction account where you can enjoy fee-free transactions and a range of convenient payment options to suit the way you spend. 

• No monthly fees - keeping your hard earned money in your pocket.
• Bank on the go - use your Visa Debit card, Mobile App and Internet Banking to access your account anytime, anywhere and make fee-free transactions.
• Instant digital card - open your account online and instantly access your card details securely to transact online or add to your Digital Wallet to make purchases instore. 
• Tap and pay with your mobile phone - using Apple Pay, Google Pay^_TM or Samsung Pay a smarter way to pay.
• Faster Payments - send and receive money in near real time between participating banks, or set-up your PayID on your account for easier, faster payments.

• ATM access - free and convenient access to your money at all major bank ATMs across Australia.
• Card Controls - manage how you can use your card or put a temporary lock on your card while you look for it. Easily turn on or off features like online transactions, overseas purchases and even Visa payWave. All available 24/7 via Internet Banking and our Mobile App.
• Automatically save - with P&N's Pay&Save, when you use your & Transaction account, you can round up Visa debit purchases to the nearest dollar – and save the difference into an eligible P&N savings account.

What is Pay&Save?

An early morning coffee. Filling up on fuel. A quick lunch with friends. We all swipe our debit cards to make everyday purchases like these. Now, with Pay&Save, when you use your & Transaction Account, you can round up these purchases to the nearest dollar – and save the difference into a P&N savings account. Find out about Pay&Save.

& Transaction Account fees & charges

It’s easy to apply for an & Transaction 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 an &Transaction 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 assist you.

In person

Apply for a bank account at your nearest branch.

For new members:

Apply online

If you are not an existing P&N Bank member you can open your account 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 a valid Australian driver's licence or an Australian passport and 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

Apply for a bank account at your nearest branch. You must be 12 years of age or older.

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.