BSB 806 015

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BSB 806 015

Concession Account

A fee free transaction account for those with an eligible Commonwealth Government concession card.

No monthly fee


Visa Debit card

Includes payWave

For concession card holders

Available to those with an eligible concession card

A P&N Bank Concession Account is low cost everyday bank account specifically designed for concession card holders.

  • No monthly fees.
  • Fee free transactions - a range of fee free transactions are included in your Concession Account.
  • 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.
  • Tap and pay with your mobile phone - using Apple PayGoogle PayTM or Samsung Pay a smarter way to pay.
  • 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.
  • Faster payments - send and receive money in near real time between participating banks, or setup your PayID on your account for easier, faster payments through Osko.

Pay ID  Osko

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

An overdraft facility is not available on a concession account, and it is not permitted to overdraw.

Concession 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 a Concession Account with P&N Bank.

What you need

  • An eligible Commonwealth Government concession card.
    - Commonwealth Seniors Health Card
    - Pensioner Concession Card
    - Health Care Card
  • Become a P&N Bank member.
  • If you’re joining as a brand new member, you'll need your Australian driver's licence or your Australian 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.
  • Read and agree to our Privacy Statement, Terms and Conditions and the Product Disclosure Statement.
  • 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.

Unsure if you're eligible for this account? Contact us, we're happy to help.

How to get started

In person

Apply for a bank account at your nearest branch. Make sure you bring along all the documents you'll need.

Over the phone

Call us on 13 25 77 and one of our friendly consultants will help you with your application.

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