Summary

Pay your everyday expenses however you please with a transaction account that gives you a variety of options without any fees.

P&N Bank offers Australians an everyday banking account with a range of ways to access your money free of any transaction fees. Plus, so long as you meet a monthly deposit requirement, you can be free of having to pay any account keeping charges as well. With over 3,000 ATMs available to you, the Easypay Access Account makes sure you always have easy access to your money.

Pros

$0 minimum balance required.
Invest as low as $0 while opening account.

Cons

Account keeping fees $0 applies.

Details

Key details

Product Name	P&N Bank Easypay Plus Access Account
Monthly account fee	$0
Card access	Visa
Own network ATM fee	$0
International ATM Fee	International ATM fee $5
International transaction fee	3%
Monthly deposit required to waive account fee	N/A
Contactless Payments	Apple Pay, Google Pay, Samsung Pay

Eligibility

Minimum Age	18
Joint account availability	Yes
Minimum opening deposit	N/A
Residency status	Permanent Australian residents with an Australian address

Key features

P&N Bank membership

P&N is a mutual bank, owned and run by its members. In order to open the Easypay Access Account you must first apply for membership and pay the $10 fee for a share in the bank.

Monthly account keeping fee

The $0 monthly account keeping fee will be waived if you electronically deposit at least $0 of your salary each month or maintain a monthly balance of no less than $0.

Free transactions

You have unlimited access to the following transaction methods free of charge; payroll and direct credit, Bank@Post, phone and internet transfers, Cheque and cash deposit, direct debit, EFTPOS, Visa purchases, and cash withdrawals at certain ATMs.

Visa debit card

The Easypay Access Account is linked to a Visa debit card, allowing you to make point of sale purchases as well as online and over the phone wherever Visa is accepted. Funds are drawn directly from your account card, unlike a Visa credit card where you accumulate debt.

Visa payWave

Your linked Visa card is equipped with the Visa payWave feature which allows you to make purchases without swiping your card so long as it is for under $100.

Cash withdrawals

You can use your Visa debit card to make cash withdrawals and account enquiries for free at rediATMs as well as ATMs in the NAB and Bank of Queensland networks.

Overseas cash withdrawals

You can use your Visa debit card outside of Australia to make withdrawals, but these transactions will incur a $5 charge.

Foreign transactions

For any transaction that takes place in a foreign currency, you will be charged 1.1% of the Australian dollar amount.

Interest earnings

The Easypay also pays you with a modest interest rate applied to your balance. The interest rate increases when you maintain a balance of over $100,000.

How to apply

Eligibility

In order to apply for this account, you must first apply online to become a member. The $10 fee for your share will be deducted from your initial deposit. After checking the following eligibility requirements, you can begin your application online.

Minimum age. This account is available for members 18 years of age.
Residency requirements. You must be an Australian resident with a valid residential address in Australia in order to apply for this account.

Depository requirements. P&N Bank makes no stipulation for a minimum opening deposit, but do keep in mind that you must deposit at least $0 a month in order to avoid paying the monthly account keeping fee.

Documentation needed

Tax file number. It is not mandatory to provide your tax file number (TFN) or TFN exemptions, but if you don't P&N Bank will deduct withholding tax on interest earnings at the highest marginal rate.
Identification. When applying for membership you will need to have your Australian driver's licence or passport. If neither of those is available you can use one form of primary identification that does not contain your photo along with one form of secondary identification.

What happens after I submit my application?

Once you have completed your application and submitted it to P&N, they will contact you with the details of your new account. Your Visa debit card will then be mailed to you at the address you gave on the application.

Compare other transaction accounts

1 - 6 of 212

Name	Monthly fee	Govt. Guarantee	Own network ATM fee	Card type
Newcastle Permanent Everyday Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare
Suncorp Bank Everyday Options Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare	Eligible Visa Debit cardholders can get cashback when using their card to shop at partner retailers.
Bendigo Bank Everyday Account Apple Pay Google Pay Samsung Pay Garmin Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Mastercard	Go to site More Info Compare
ING Orange Everyday Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare	1% cashback on utility bills (T&Cs apply)
MyState Bank Glide Account Apple Pay Google Pay Samsung Pay Garmin Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare
Revolut Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa and Mastercard	Go to site More Info Compare

Showing 6 of 6 results

Sources

Your reviews

No reviews yet. Write a review

Ask a question

To ask a question simply log in via your email or create an account.

Ask a question

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

You are about to post a question on finder.com.au:

Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
finder.com.au is a financial comparison and information service, not a bank or product provider
We cannot provide you with personal advice or recommendations
Your answer might already be waiting – check previous questions below to see if yours has already been asked

Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

P&N Easypay Access Account

Pros

Cons

Key features

P&N Bank membership

Monthly account keeping fee

Free transactions

Visa debit card

Visa payWave

Cash withdrawals

Overseas cash withdrawals

Foreign transactions

Interest earnings

How to apply

Eligibility

Documentation needed

What happens after I submit my application?

Compare other transaction accounts

Your reviews

Important information about this website

Advertiser disclosure

How we make money

Sorting and ranking products

Terms of service and privacy policy