P&N Bank Hi Saver Account

savings accountterms checked

Hi Saver Account is a savings account from P&N Bank. It pays 0.05% p.a. with no bonus conditions; 5.60% for the first 4 months.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays, intro the rate in the introductory period.

Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.

The intro column is the rate for the first 4 months of a new account, an add-on to the base rate for that period; after it the account pays its base rate, 0.05% at $50,000.

The feed states a maximum balance of $5,000,000.

Conditions

• the introductory rate is available once per customer for single and once for joint; a new Hi Saver can be opened only 12 months after closing a previous one

Introductory rate conditions: Interest rate applies for the first four months on daily closing balances from account opening date.

Features

app

yes

Osko

yes

PayID

yes

transactions

unlimited

joint accounts

yes

Other features, in the bank's words:

• Eligible members can deposit foreign cheques in branch. $10 fee for foreign cheque deposits up to $25,000 AUD and $60 fee for foreign cheque deposits over $25,000 AUD. Please contact us on 13 25 77 or visit your nearest branch for more information.

Fees, limits and who can open it

monthly fee

no monthly fee stated

other fees named

Cash Handling Fee (no amount in the feed)

maximum balance

$5,000,000

interest paid

monthly

interest calculated

daily

age

ages 12 and over

open to

personal customers

Who can open it, in the bank's own words:

• A member may hold a maximum of one Hi Saver account as a single account owner and one Hi Saver account as a joint account owner. You may apply to open a Hi Saver account 12 months from the date of closing any previously owned Hi Saver account as a single or joint account holder.
• You must be or become a P&N Bank member
• residency: You must be an Australian citizen and/or resident or a non-resident with a qualifying visa evidencing 12 months or longer residency. A valid Australian address is required to open an account. Membership eligibility applies.

About this account

Boost your savings and enjoy bonus interest for the first four months with our Hi Saver Account. It's your savings, supercharged.

Data

• P&N Bank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees.
• Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
• We read the bank's own page and terms against this page on 1 November 2026: hi-saver-account, savings-accounts-and-access-channels, everyday-and-savings-accounts; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/p-n-bank.json: this bank's accounts and every balance band as JSON; P&N Bank's page lists them.
• The bank last updated this record on 13 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at P&N Bank

• Business Saver savings account, 1.85% base at $50,000
• Momentum Account savings account, 1.54% base at $50,000
• Savvy Saver Account savings account, 5.50% conditional at $50,000
• Smart Saver Account savings account, 5.35% conditional at $50,000
• Way Cool Saver savings account, 0.38% base at $50,000
• & Access Account transaction account, 0.00% base at $50,000
• & Transaction Account transaction account, 0.00% base at $50,000
• Budgeting Account transaction account, 0.00% base at $50,000
• Business Account transaction account, 0.00% base at $50,000
• Community Account transaction account, 0.00% base at $50,000
• Concession Account transaction account, 0.00% base at $50,000
• Easypay Access Account transaction account, 0.00% base at $50,000

All of P&N Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.