At-call Savings Accounts

The Rapid Saver Statement Account and Rapid Saver Passbook Accounts are designed to help you reach your savings goals, whether it is a car, computer, a holiday or something special for you. By following a few simple rules, like making at least one monthly deposit into your account and not making any withdrawals, you can earn a high rate of interest on your savings.

The Online Savings Account is available if you have an Everyday Account, or a Home Loan or a Line of Credit with us. The Online Savings Account offers high interest and no monthly account or transaction fees.

Rapid Saver Passbook Account, Save Account^ and Education Savings Account^ Interest Rates

Account Balance Range	Annual Interest Rate# (as at 03 Feb 2012)	Method of Calculating Interest	How Interest is Calculated	When Interest is Calculated
Entire Balance of Account	4.75% pa	Single Tiered Interest	We apply the daily percentage rate* to the balance of your account at the end of each day.	Interest is credited to your account monthly after the close of business at the end of the month.
Penalty Interest on Overdrawn Account		20% pa on amount overdrawn

Rapid Saver Statement Account Interest Rates

Account Balance Range	Annual Interest Rate# (as at 03 Feb 2012)	Method of Calculating Interest	How Interest is Calculated	When Interest is Calculated
Entire Balance of Account	5.50% pa	Single Tiered Interest	We apply the daily percentage rate* to the balance of your account at the end of each day.	Interest is credited to your account monthly after the close of business at the end of the month.
Penalty Interest on Overdrawn Account		20% pa on amount overdrawn

Online Savings Account

Account Balance Range	Annual Interest Rate## (as at 03 Feb 2012)	Method of Calculating Interest	How Interest is Calculated	When Interest is Calculated
Entire Balance of Account	5.36% pa	Single Tiered Interest	We apply the daily percentage rate* to the opening balance of your account at the start of each day.	Interest is credited to your account monthly after the close of business at the end of the month.

Method of calculating interest:
Single Tiered Interest - Means a single interest rate applies to the entire balance of your account.
Interest rates are variable and subject to change.

* The daily percentage rate is the relevant annual interest rate(s) divided by 365.
# Interest will only be calculated and paid 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: the 0.50% p.a. additional interest cannot be used in conjunction with any other special offer).
## Interest will only be calculated and paid where each account owner is eligible through having an Everyday Account or a Home Loan or a Line of Credit with Newcastle Permanent.
^ This product is no longer available for sale.

At-call Savings Accounts

Rapid Saver Passbook Account, Save Account^ and Education Savings Account^ Interest Rates

Rapid Saver Statement Account Interest Rates

Online Savings Account

Method of calculating interest: Single Tiered Interest - Means a single interest rate applies to the entire balance of your account. Interest rates are variable and subject to change.

Method of calculating interest:
Single Tiered Interest - Means a single interest rate applies to the entire balance of your account.
Interest rates are variable and subject to change.