Savings Accounts and Term Deposits
Our great range of savings and term deposit accounts are designed to help you achieve your savings goals.
Compare savings and transaction accounts at a glance
Be rewarded for saving with 5.50% p.a.*
- To take advantage of our high interest savings account, simply make at least one deposit and no withdrawals during the month. Find out more about our Rapid Saver Statement Account.
Earn up to 5.36% with our Online Savings Account^
- Our Online Savings Account does not require you to make a minimum deposit, or stop you from making withdrawals to earn interest. This leaves you free to move your savings at anytime to any other Newcastle Permanent account, either by Internet or Phone Banking, without penalty. To open this account you need to either have an Everyday Account, or a Home Loan or a Line of Credit with us.
During the month of February, if you open and register an Online Saving Account you could win a fantastic Summer Survival Kit to help protect your family this summer. There are 57 Summer Survival Kits to be won. Terms and Conditions apply, find out more.
Term Deposit Rates
We offer competitive rates across all terms. View our:
Savings Calculator
- Do you have a savings goal such as a holiday or a house deposit? See how quickly you could meet your financial goals with our online, simple to use savings calculator.
Apply now for a Savings Account or Term Deposit
- Apply today for a Savings or Term Deposit account with Newcastle Permanent.
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 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).
^ You must have an open Everyday Account or Home Loan or Line of Credit with Newcastle Permanent to open and receive interest on an Online Savings Account. You can hold multiple online accounts.