Student Account

Overview
Fees & Charges
How to apply

A P&N Bank Student Account is designed especially for students, helping you keep more money in your pocket with a range of fee free transactions and no monthly fee.

No monthly fee - get more bang for your buck. We don't charge any monthly fee on this account.
Bank on the go - use your Debit card, Mobile App and Internet Banking to access your account anytime, anywhere and make fee-free transactions.
Fee free transactions - keep more of your money in your pocket. A range of fee free transactions are included in your Student Account.
Cards that suit your needs - choose from a no-frills P&N Bank ATM Card or a Visa Debit Card (age 16+) and access your funds wherever Visa is accepted.
Tap and pay with your mobile phone - add your Visa Debit card to Apple Pay, Google Pay^_TM or Samsung Pay for a smarter way to pay.
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.
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.

Interest rates

Product Name	Tier	Rate (Variable)	Interest Calculated	Interest Credited
Student Account	$0 - $99,999	0.01% p.a.	Daily balance	Quarterly - Mar, Jun, Sept, Dec. Last day of month
Student Account	> $100,000	0.05% p.a.	Daily balance	Quarterly - Mar, Jun, Sept, Dec. Last day of month

Student Account fees & charges

Account fees & charges
Monthly Base Balance Fee	Nil
Base Balance	None
Unlimited Free Transactions	Payroll Credit Direct Credit [email protected]™ deposit¹ 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 EFTPOS VISA Purchase BPAY® Auto Transfer (internal/external) Direct Debit Cash Withdrawal Manual Transfer
Transaction fees & charges
Member Cheque	Not Available
[email protected]™ withdrawal¹	$3.00 per transaction

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 [email protected]™ deposits and withdrawals are available only with an P&N ATM Card or VISA Card. Cheques must be made out in the name of the cardholder to be accepted at [email protected]™ 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 Student Account with P&N Bank.

What you need

Be a student between 16 and 25 with a valid student ID or proof of enrollment.
Have an Australian mailing and residential address.
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.