Pay&Save

How do you spend & save at the same time?

It's simple – use your & Transaction Account to make payments in-store or online, and round up your purchases to the nearest one, five, or ten dollars. The difference will be automatically saved into your P&N Bank savings account.

Set up

You’ll need an & Transaction Account to make purchases, as well as an eligible savings account for your rounded up savings.

Switch on

Activate Pay&Save in the P&N Bank Mobile App or by calling us to start automatically building your savings.

Start saving

Round up your everyday purchases to the nearest $1, $5, or $10, and watch your savings grow every time you spend.

Sound easy?

Pay&Save is the digital equivalent of tossing your loose coins (or small notes!) in a jar. It soon adds up because every time you pay, you'll also save!

You'll be on your way to buying that new pair of jeans, booking a weekend away, or boosting your house deposit in no time at all.

Let’s look at a hypothetical day’s worth of spending and round it up to the nearest $5:

You buy	It costs	Round up	You save
Coffee	$4.50	$5.00	$0.50
Lunch	$12.00	$15.00	$3.00
Fuel	$50.10	$55.00	$4.90
Movie tickets	$22.00	$25.00	$3.00
Total transferred to your P&N savings account			$11.40

Not ready to start rounding up to the nearest $5 yet? Round it up to the nearest $1 instead – if you save only $2 a day using Pay&Save, that’s an estimated $730 a year!

Is Pay&Save for me?

Pay&Save is for you if you're someone who struggles to get into the habit of saving money – it's automatic, convenient, and you'll likely even forget about it until you see the difference it has made to your P&N savings account balance.

It's also great if you are already good at budgeting and saving. It gives you an opportunity to save even more money without needing to think twice about it!

How does Pay&Save work?

Once you've set up Pay&Save in the P&N Bank Mobile App, simply use your Visa Debit card linked to your & Transaction Account for your everyday purchases to start saving.

A few things to note:

Eligible savings accounts are the SwiftSaver, Hi Saver, Cash Saver or Way Cool Saver account.
You can direct your savings into another P&N customer's account – for example, a parent can have the rounded up amount transferred to their child's savings account.
The round up will only occur if there is an available balance at the end of the day.
Pay&Save is not available on two-to-sign accounts.

Open an & Transaction Account

Start saving today

It's easy to set up Pay&Save with P&N Bank.

What you'll need:

An & Transaction Account with a Visa Debit card, and
a P&N savings account – choose from a SwiftSaver, Hi Saver, CashSaver or Way Cool Saver.

Are you:

An existing P&N Bank customer?
If you already bank with us, there are easy ways to turn on Pay&Save:
- In the P&N Bank Mobile App by selecting Accounts > Pay&Save.
- Call us on 13 25 77.
- Send us a message by selecting the ‘Chat with us’ feature along the bottom of any webpage.
- Visit a branch during business hours.
New to P&N Bank?
If you'd like to join P&N Bank so you can pay and save, simply open an & Transaction Account online today.

To apply for a membership and open your 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.
When opening your account online, you must select 'Yes' to both Pay&Save and Visa Debit card access.

Once your account is open and you've registered for digital banking access, you can turn on Pay&Save in the P&N Bank Mobile App by selecting Accounts > Pay&Save.

Important information

Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Any advice given does not take into account your personal, financial situation or needs. Please consider whether it is appropriate for you. Please read and consider the T&Cs available at pnbank.com.au. Pay&Save is a feature that rounds up to the nearest dollar value of each purchase debited from the & Transaction Account using the account holder’s Visa Debit card or the information printed on it. Pay&Save will only operate where sufficient funds are held in the & Transaction Account to make the Pay&Save transaction.