Rapid Saver - High Interest Savings Account

A Newcastle Permanent Rapid Saver savings account can help you reach your savings goal, whether it's a car, holiday, deposit on a house or something special just for you. Whatever your need, we have the account to help you get your hands on what you want faster!

Earn up to 5.50% p.a. on our Rapid Saver Statement Account

To take advantage of our high interest savings account, simply make at least one deposit and no withdrawals during the month.

Apply Online for a high interest savings account

Apply Online today to help get your hands on what you want faster.

Benefits of our Rapid Saver;

  • High interest savings.*
  • No ongoing account keeping fees.
  • Unlimited free deposits.
  • Free Internet and Phone Banking access.
  • No minimum ongoing balance.
  • Interest calculated daily and paid monthly.*
  • At call-access.
  • 24/7 access via ATM and EFTPOS (Rapid Saver Statement account only). 

Product Features

Money available at call

Yes

Transaction record

Passbook / Statement

High interest savings

Interest is calculated daily and paid monthly (providing you make at least one deposit and no withdrawals during the month).

Minimum opening balance

$1

Access and transactions

- Direct credit
- Direct debit
- Internet Banking
- Phone Banking
- BPAY®
- Transfer money
- Over the counter
- ATM and EFTPOS (Rapid Saver Statement Account only).

Transaction fees

Yes. There is a minimum six free transactions. Additional free transactions are available if you have an automatic transfer to your eligible Newcastle Permanent loan or you maintain a higher balance in your account.

Ongoing account keeping fees

Nil

Apply today

To start saving with a high interest savings account, simply Apply Online , call us on 13 19 87, visit any of our branches or read more on how to apply.

Here's some more information for you:
Rate effective from 12 December 2011. Rates are subject to change. You should consider the Terms and Conditions. *Interest only calculated and received where at least one deposit and no withdrawals have been made on the account during a calendar month. Interest credits from this account do not constitute a deposit. If these conditions are not met, no interest will be paid for that month. Rapid Saver Passbook Accounts and Rapid Saver Statement Accounts linked to a Premium Plus Package will earn an additional 0.50%p.a. interest (Note: 0.50% p.a. additional interest cannot be used in conjunction with any other special offer).
® Registered to BPAY Pty Ltd ABN 69 079 137 518
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