BSB 806 015

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BSB 806 015

& Transaction Account

An everyday bank account packed with a range of features to suit the way you spend. Get an instant digital card, faster payments and much more.

No monthly fee


Visa Debit card

Includes payWave

Faster payments

Send and receive money in near real time

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 in store. 
  • Tap and pay with your mobile phone - using Apple PayGoogle PayTM 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 through Osko.

Pay ID  Osko

  • ATM access - free and convenient access to your money at all major bank ATMs across Australia, including the atmx by Armaguard network.
  • 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.

Did you know we have a budgeting app?

mymo is P&N Bank's budgeting app, and your personal financial assistant.

Link all your accounts from all financial institutions, and be empowered to better manage your income and expenses. With access to a complete overview of your accounts in one place, mymo will help you keep your spending (and saving!) on track. Learn more about mymo.

Interest rates

Product Name Tier Rate Interest Calculated Interest Credited
& Transaction Account > $0 n/a Daily balance N/A

& Transaction Account fees & charges

Account fees & charges
Monthly Base Balance Fee


Base Balance


Unlimited Free Transactions
  • Payroll Credit
  • Direct Credit
  • Bank@Post™ deposit¹
  • Internet Banking Transfer
  • Mobile App Transfer
  • Phone Banking Transfer
  • Express Cheque Deposit
  • VISA Purchase
  • BPAY®
  • Auto Transfer (internal/external)
  • Direct Debit
Transaction fees & charges
Bank@Post™ withdrawal1$3.00 per transaction
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.

¹ Bank@Post™ deposits and withdrawals are available only with a P&N ATM Card or VISA Card. Cheques must be made out in the name of the cardholder to be accepted at Bank@Post™ and are subject to 4 working days clearance.

® Registered to BPAY Pty Ltd ABN 69 079 137 518 

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.


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