P&N Hi Saver Account Summary
Description
Boost your savings and enjoy bonus interest for the first four months with our Hi Saver Account. It's your savings, supercharged.
Benefits
- Introductory rate of 5.60% p.a. for 4 months for eligible customers.
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
More benefits
- No upper balance cap in the reviewed ongoing pricing.
Hoops
- Applicants must be at least 12.
- The introductory offer is temporary, lasting 4 months. The ongoing rate then applies.
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Details
Key details
| Product name | P&N Hi Saver Account |
|---|---|
| Maximum variable rate | 5.60% p.a. (Introductory, first 4 months) |
| Ongoing interest rate | 0.05% p.a. |
| Base interest rate | 0.05% p.a. |
| Minimum age | 12 years |
Source: noren.com.au
All comparison details
| Base | 0.05% |
|---|---|
| Ongoing | 0.05% |
| Ongoing cap | No cap |
| Intro | 5.60% |
| Intro cap | $5M |
| Intro period | 4 mths |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 12 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.05% p.a..
- Introductory: 5.60% p.a. for 4 months for eligible customers. Up to $5m.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 0.05% | Whole balance | Up to $5m |
| Introductory total, first 4 months | 5.60% | Whole balance | Up to $5m |
Source: noren.com.au
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Requirements
- No ongoing monthly deposit, growth, purchase or withdrawal-count qualification. The introductory increment is added to base for four months, then only the variable base rate applies.
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with P&N.
- Age 12 or over.
- 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
- 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.
- Personal account only. Maximum account balance $5m. Membership and residency requirements apply, see provider terms for child/joint signing rules.
Introductory eligibility
- First four months from opening, one single and one joint account at most, and at least 12 months since closing any previous account of this family.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 27 Oct 2026.