Term Deposit - Interest on Maturity Option

A Newcastle Permanent Term Deposit is designed for individuals and businesses looking for a secure investment option with a guaranteed rate of return. Our Term Deposit offers a fixed rate of interest on the fixed amount you have invested, for the investment term you have selected. There are no annual or monthly account keeping fees. Your money stays in your account, working harder for you.

Investment Term	Annual Interest Rate (As at 03 Feb 2012)
Investment Term	$1,000 to $4,999	$5,000 to $19,999	$20,000 to $49,999	$50,000 to $99,999	$100,000 plus
1 month	N/A	N/A	N/A	N/A	4.60%
2 months	N/A	N/A	N/A	N/A	4.60%
3 months	3.00%	5.50%	5.50%	5.50%	5.50%
4 months	3.00%	5.60%	5.60%	5.60%	5.60%
5 months	3.00%	4.00%	4.00%	4.00%	4.00%
6 months	3.00%	5.40%	5.40%	5.40%	5.40%
7 months	3.00%	5.00%	5.00%	5.00%	5.00%
8 months	3.00%	4.00%	4.00%	4.00%	4.00%
9 months	3.00%	5.00%	5.00%	5.00%	5.00%
10 months	3.00%	4.00%	4.00%	4.00%	4.00%
11 months	3.00%	4.00%	4.00%	4.00%	4.00%
12 months	4.60%	5.00%	5.00%	5.00%	5.00%
Interest rate for withdrawal of funds prior to the maturity date.	0.50% pa	0.50% pa	0.50% pa	0.50% pa	0.50% pa

Term Deposit - Monthly Interest Option

Investment Term	Annual Interest Rate (As at 03 Feb 2012)
Investment Term	$1,000 to $4,999	$5,000 to $19,999	$20,000 to $49,999	$50,000 to $99,999	$100,000 plus
1 month	N/A	N/A	N/A	N/A	N/A
2 months	N/A	N/A	N/A	N/A	N/A
3 months	N/A	N/A	5.37%	5.37%	5.37%
4 months	N/A	N/A	5.46%	5.46%	5.46%
5 months	N/A	N/A	3.93%	3.93%	3.93%
6 months	N/A	N/A	5.27%	5.27%	5.27%
7 months	N/A	N/A	4.89%	4.89%	4.89%
8 months	N/A	N/A	3.93%	3.93%	3.93%
9 months	N/A	N/A	4.89%	4.89%	4.89%
10 months	N/A	N/A	3.93%	3.93%	3.93%
11 months	N/A	N/A	3.93%	3.93%	3.93%
12 months	4.51%	4.89%	4.89%	4.89%	4.89%
Interest rate for withdrawal of funds prior to the maturity date.	0.50% pa	0.50% pa	0.50% pa	0.50% pa	0.50% pa

Method of calculating interest:

A single, fixed interest rate applies to the whole balance of your account. For more information, see clause 7.7 of the terms and conditions in Part 1 of the Terms and Conditions.