Minimise fees and save time
Save money and time by checking out our useful tips.
- Be informed
Read the Terms and Conditions. It clearly details the fees and charges that apply to all our accounts. Equipped with this information, you can plan your banking to save time and minimise or even avoid transaction fees altogether.
- Be efficient with EFTPOS
When making purchases with EFTPOS, consider whether you need any extra cash. By using the cash-out facility (if available), you are making two transactions that only count as one. This also saves you going to a branch or an ATM.
- Do not waste withdrawals
It seems simple, but try to plan ahead when making withdrawals. For example, instead of making multiple small withdrawals throughout the week, work out how much you will need for a few days and make larger, and therefore less frequent, withdrawals.
- Internet and phone banking
Register for Internet and Phone Banking to move money between your accounts, check your account balance, pay your bills or send money to others using the Transfer facility. It is a straightforward way to manage your money and there are no transaction fees. Note: Transfer facility is only available on Internet Banking.
- Choose Newcastle Permanent ATMs
Try to use Newcastle Permanent ATMs for withdrawals and enquiries on your account wherever possible because it costs more to use an ATM that is owned by another financial institution.
- Benefits of BPAY®
BPAY® is a free and convenient way to pay bills. All you need to do is register for Internet or Phone Banking and then follow the prompts.
- Consider a statement account over a passbook
If you have a passbook account and are paying transaction fees for over the counter withdrawals, consider converting to a statement account. A statement account gives you 24 hour access to your funds through ATMs and EFTPOS, which are cheaper and more convenient than over the counter transactions.
- Be rewarded for automatic transfers
If you have a loan with Newcastle Permanent, you can boost the number of free transactions by arranging for your loan repayment to be automatically transferred from your everyday account with us. Note: Excludes the Real Deal home loan.
- Use direct debits
Arrange for bills and other regular payments to be directly debited. This way, you know you will not miss a payment and you can avoid paying transaction fees for these payments.
Note: You will need to maintain sufficient funds in your account to cover these debits, otherwise dishonour fees may be payable.
- Convenience of credit
If you have a Newcastle Permanent Value+ Credit Card, which has up to 55 days interest free period, consider using this for your everyday transactions. This saves on transactions fees and if you pay your bill in full before the due date you won't pay any interest on your purchases either.
Here's some more information for you:
You should consider the Terms and Conditions before deciding whether to acquire or to continue to hold this product.
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