Set up
You’ll need an & Transaction Account to start spending, and an eligible savings account for the dollars you’re about to save.
Switch on
Activate Pay&Save in our mobile app or by calling us, then you’re ready to start automatically rounding up your savings.
Start saving
Round up your everyday purchases to the nearest $1, $5, or $10, and watch your stashed cash grow as you spend. Ka-ching!
Why round up your purchases?
Pay&Save is like a modern-day, digital piggy bank. It works by rounding up everything you buy in-store to the nearest $1, $5, or $10. And it soon adds up! Every time you pay for something, you’ll save something, too.
Let’s say you buy your morning coffee for $5.50. There’s at least a perfectly good 50 cents there that you could round up and save. And if you do that every day, that’s $3.50 a week. Or $175 a year. And, you hardly had to lift a finger!
How about we look at a hypothetical day’s worth of spending, but round it up to the nearest $5 instead:
| You buy | It costs | Round up | You save |
|---|---|---|---|
| Coffee | $5.50 | $10.00 | $4.50 |
| Lunch | $13.00 | $15.00 | $2.00 |
| Fuel | $61.00 | $65.00 | $4.00 |
| A 3pm vending machine pick-me-up | $3.00 | $5.00 | $2.00 |
| Total transferred to your chosen P&N savings account | $12.50 | ||
If you’re not quite 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 around $730 a year! Saving money couldn’t be easier if it tried.
Who should use Pay&Save?
If starting good savings habits has never been your forte, Pay&Save is for you. It’s also for you if you’re already kicking your savings goals. To put it simply, Pay&Save is for everyone.
It’s automatic, it’s convenient, and it’s possible you’ll forget it’s even set up (until you see the difference in your savings account, anyway). Get some extra Ker-chang with your Ka-ching when you use Pay&Save!
Open an & Transaction Account
Start saving with automatic round ups today
You know what they say – there’s no time like the present! And luckily for you, setting up Pay&Save with P&N Bank is a piece of cake.
What you’ll need:
- An & Transaction Account with a Visa Debit card, and
- a SwiftSaver, Hi Saver, or Savvy Saver account.
Already banking with P&N? Great choice.
It’s easy to switch on Pay&Save. You can:
- Log in to our mobile app and select Accounts > Pay&Save, and follow the prompts
- Call us on 13 25 77
- Chat with us online
- Visit one of our branches
Are you new to P&N Bank? Then welcome aboard.
Now that you know what all the fuss is about, get started by opening an account with us online.
You’ll need to be an Australian resident and at least 18 years of age. It’s easy to open a savings account at the same time, or later in internet banking or the mobile app.
Find out what documents you need to open an account online.
To set yourself up for success, make sure you choose 'Yes' for 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.
Already banking with P&N? Great choice.
It’s easy to switch on Pay&Save. You can:
- Log in to our mobile app and select Accounts > Pay&Save, and follow the prompts
- Call us on 13 25 77
- Chat with us online
- Visit one of our branches
Are you new to P&N Bank? Then welcome aboard.
Now that you know what all the fuss is about, get started by opening an account with us online.
You’ll need to be an Australian resident and at least 18 years of age. It’s easy to open a savings account at the same time, or later in internet banking or the mobile app.
Find out what documents you need to open an account online.
To set yourself up for success, make sure you choose 'Yes' for 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.
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:
& Transaction Account
It’s the fee-free everyday bank account you didn’t know you needed. Until now.
Savings accounts
Whether you’re saving for a holiday or a rainy day, P&N Bank has savings account options to help you reach your goals.
Mobile app
Check your balance, transfer money and pay your bills (or your mates). Our mobile app has loads of features to make banking on the go easy as.
Important information
Banking and Credit products issued by Police & Nurses Limited (P&N Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.
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. The round up will only occur if there is an available balance at the end of the day.
The eligible accounts for your savings round ups are the SwiftSaver, Hi Saver, and Way Cool Saver.
You can set up Pay&Save so that your rounded up savings go directly into the account of another P&N Bank customer – for example, a parent can pay from their account, and have the rounded-up amount transferred to their child's savings account.
Pay&Save is not available on two-to-sign accounts.