Platinum Deposit

An investment product that allows you to enjoy the best of both worlds, with competitive Professional Money Market rates for a fixed investment term combined with an attractive interest rate for at call funds.

Product features

Minimum total investment of $500,000.
Minimum of $200,000 must be held in fixed term account.
Fixed term deposit rate will be set at Professional Money Market (BBSW) rate applicable to the investment term on the day of your deposit.
Competitive at call interest rate.
Fixed terms range from 21 days to 5 years.
At call funds available via Internet banking and phone banking (excluding BPAY^®) and over the counter at any Newcastle Permanent branch.
No account keeping or transaction fees.
Dedicated phone number to a Treasury Professional.
Security of investing with Australia's financially strongest building society.