In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other term deposit accounts
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
P&N Bank Term Deposit
Interest rate 3 months interest rate
Up to 4.6% p.a.
Minimum opening deposit
$5,000
Account keeping fee
$0
Maximum deposit
$1,000,000

Summary

You choose whether you want to capital gains or regular income with term deposits from P&N.

With a term deposit from P&N Bank, you have the option of higher rates and a one-time interest payment with the Money Maker, or a monthly boost to everyday cash with the Regular Income Term Deposit. First decide what it is you are looking to achieve with your term deposit account and then compare the features to find the one that will allow you to meet that goal.

Pros

  • Competitive rates for many terms
  • Two options available: Money Maker and Regular Income
  • Earn a guaranteed interest rate
  • Flexible options with large choice of term lengths

Cons

  • Some terms have much less competitive interest rates

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other term deposit accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name P&N Bank Term Deposit
3 month interest rate 4.60%
4 month interest rate 3.75%
6 month interest rate 4.55%
7 month interest rate 4.20%
9 month interest rate 4.40%
12 month interest rate 4.50%
24 month interest rate 4.55%
36 month interest rate 4.20%
48 month interest rate 4.20%
60 month interest rate 4.20%
Minimum Opening Deposit $5,000
Minimum age requirement 18
Government guarantee Yes

Eligibility

Minimum Age Requirement 18
Joint account availability No
Min Deposit $5,000
Available to children Not available for children

Key features

Monthly fee

With this term deposit you will not be charged any monthly account keeping fees.

Minimum deposit amount

You are able to invest in a term deposit with P&N Bank with a minimum of $5,000.


How to apply

Eligibility

Whether you are an existing P&N Bank member or looking to become one, you will have to apply for the term deposits either in person or over the phone. You can make an appointment by visiting the P&N Bank website and filling out an enquiry form. You should note that the following eligibility requirements will have to be met first before your application is accepted:

  • Minimum age. Term deposit account holders are required to be at least 18 years of age.
  • Residency requirements. You must be an Australian resident with a residential mailing and physical address.

Compare other term deposit accounts

1 - 8 of 180
Name 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
Judo Bank Term Deposit
Judo Bank logo
Finder Award$1,000 min. deposit
3 Mths p.a.
5.00%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
5.25%
7 Mths p.a.
-
12 Mths p.a.
5.25%
24 Mths p.a.
5.20%
Go to siteMore Info
Newcastle Permanent Term Deposit
Newcastle Permanent logo
$1,000 min. deposit
3 Mths p.a.
3.50%
4 Mths p.a.
3.50%
5 Mths p.a.
3.50%
6 Mths p.a.
5.05%
7 Mths p.a.
3.80%
12 Mths p.a.
4.80%
24 Mths p.a.
4.00%
Go to siteMore Info
BCU Term Deposit
BCU logo
$1,000 min. deposit$999,999 max. deposit
3 Mths p.a.
4.60%
4 Mths p.a.
4.80%
5 Mths p.a.
3.40%
6 Mths p.a.
4.70%
7 Mths p.a.
4.00%
12 Mths p.a.
4.50%
24 Mths p.a.
4.40%
Go to siteMore Info
MyState Bank Online Term Deposit
MyState Bank logo
$5,000 min. deposit$50,000,000 max. deposit
3 Mths p.a.
2.50%
4 Mths p.a.
4.20%
5 Mths p.a.
5.10%
6 Mths p.a.
4.60%
7 Mths p.a.
3.50%
12 Mths p.a.
5.00%
24 Mths p.a.
3.95%
Go to siteMore Info
Great Southern Bank Term Deposit Account
Great Southern Bank logo
$5,000 min. deposit$1,000,000 max. deposit
3 Mths p.a.
4.90%
4 Mths p.a.
2.95%
5 Mths p.a.
2.95%
6 Mths p.a.
5.20%
7 Mths p.a.
3.05%
12 Mths p.a.
5.20%
24 Mths p.a.
4.40%
Go to siteMore Info
Judo Bank Business Term Deposit
Judo Bank logo
$1,000 min. deposit
3 Mths p.a.
5.00%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
5.25%
7 Mths p.a.
-
12 Mths p.a.
5.25%
24 Mths p.a.
5.20%
Go to siteMore Info
Great Southern Bank Platinum Plus 55+
Great Southern Bank logo
$5,000 min. deposit$1,000,000 max. deposit
3 Mths p.a.
-
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
-
7 Mths p.a.
-
12 Mths p.a.
5.30%
24 Mths p.a.
4.50%
Go to siteMore Info
Judo Bank SMSF Term Deposit
Judo Bank logo
3 Mths p.a.
5.00%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
5.25%
7 Mths p.a.
-
12 Mths p.a.
5.25%
24 Mths p.a.
5.20%
Go to siteMore Info
loading
Showing 8 of 17 results

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Alison Finder

Editor

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

Error label

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.

Avatar

phil

September 16, 2016

rate on $1,200,000


Avatar

Shirley Liu Finder

September 19, 2016

Hi Phil,


Thanks for your question.


The maximum amount you can have in a P&N term deposit is $1,000,000. In this case, I’d recommend that you speak to P&N directly to see if they can offer you an exclusive rate.


Hope this helps.


Go to site