We want all our customers to make the most of their money. That’s why we’ve made it easy to open a online.
New to P&N? Joining online is quick and easy
Open a fee-free & Transaction Account (or any of our savings accounts) online, and then you can easily open a term deposit using internet banking or the mobile app.
Open your transaction or savings account online
If you're new here, you'll need to open an account with us before opening a term deposit. It only takes around five minutes.
Transfer money into your account
With instant access to your new P&N Bank account number, you can transfer your funds across from your other bank in minutes.
Open your term deposit
Log in to internet banking or the mobile app, choose your term, and follow the prompts to open your term deposit. Simple!
Existing customers
Already bank with P&N? Great choice - simply login to internet banking or go to the mobile app to open your new term deposit account.
New customers
You will need to have a transaction or savings account with us before you open your term deposit. If you’re over 18 years of age, you can open your account in minutes. You’ll become a customer and enjoy all of the benefits of banking with P&N.
Open your term deposit account in a branch
We're happy to meet you if you choose to open your term deposit at your nearest branch.
New customers
If you're a new customer you’ll need to be at least 18 years old and have a current Australian drivers licence or passport to open your account online.
You will also need to be:
- an individual (not a business or association)
- an Australian resident with a current Australian residential address.
Handy hint: Have your tax file number ready. If you earn more interest than the limit set by the ATO, you need to pay tax. To avoid this, provide your tax file number when applying.
Open your account in a branch
If you don’t already bank with us you’ll need to bring your Australian driver's licence or a valid Australian passport for ID.
A list of alternative identification documents is available for anyone who:
- is under 18 years of age
- is a non-resident
- doesn't have an Australian photo identity document
Existing customers
Already bank with P&N? Great choice - simply login to internet banking or go to the mobile app to open your new term deposit account.
New customers
You will need to have a transaction or savings account with us before you open your term deposit. If you’re over 18 years of age, you can open your account in minutes. You’ll become a customer and enjoy all of the benefits of banking with P&N.
Open your term deposit account in a branch
We're happy to meet you if you choose to open your term deposit at your nearest branch.
New customers
If you're a new customer you’ll need to be at least 18 years old and have a current Australian drivers licence or passport to open your account online.
You will also need to be:
- an individual (not a business or association)
- an Australian resident with a current Australian residential address.
Handy hint: Have your tax file number ready. If you earn more interest than the limit set by the ATO, you need to pay tax. To avoid this, provide your tax file number when applying.
Open your account in a branch
If you don’t already bank with us you’ll need to bring your Australian driver's licence or a valid Australian passport for ID.
A list of alternative identification documents is available for anyone who:
- is under 18 years of age
- is a non-resident
- doesn't have an Australian photo identity document
Why choose P&N Bank?
Unlike the bigger banks, our customers and owners are one and the same, so there’s no conflict with shareholders. P&N Bank is all about you.
Our mission is to offer West Aussies a refreshing banking choice. And as WA's largest locally-based customer-owned bank, we make achieving your financial goals easier by reinvesting our profits back into our products and services. We help you take control of your finances and give you a hand with your banking when you need it.
When you choose to bank with us, you’re not just another customer; you’re an important piece of the puzzle that makes us who we are.
Discover the P&N difference
We're here to help
Talk to us
Whether you’d prefer to chat to us over the phone, in person, or online, you can get in touch.
Get answers online
We’ve got heaps of info and answers to your questions in our comprehensive help centre.
You may also be interested in:
Is a term deposit right for you?
We take a close look at term deposits and explore both the advantages and disadvantages so that you can make an informed decision.
Savings accounts vs term deposit accounts
Both are used to save money, and both have their advantages, but it's important to know the difference between them.
How to get the best return on your deposits
If you have a term deposit, or thinking of opening one, make sure you get the most out of your investment with some simple tips.