Newcastle Permanent offers a range of savings account options. The Online Savings Account pays bonus interest for the first three months, subject to conditions. The Smart Saver Account pays interest for every month that you make no more than two withdrawals and your balance at the end of the month is at least $150 higher than at the start. The Rapid Saver Account pays bonus interest when linked to a Premium Plus Package. The Money Minder Account pays interest only when balances reach at least $5,000, with higher balances earning higher interest rates.
Newcastle Permanent savings accounts
Why choose Newcastle Permanent
Benefits
- No monthly account-keeping fees
Drawbacks
- Maximum interest rate comes with conditions
Newcastle Permanent Savings Accounts
0.15%
0.15%
$1
$8
Special Monthly Interest Account
5.00%*
0.05%
$27*
$284*
Smart Saver Account (Under 25)
4.50%*
0.05%
$24*
$255*
Smart Saver Account
5.20%
1.00%
$23
$109
Online Savings Account
Savings Accounts calculator
Use our savings account calculator to see how much you can earn under different investment scenarios.
Your monthly interest earned would be
at interest rate 5.20 %
Total interest earned
$295
Total amount
$6,495
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.