Terms and Conditions
PART 3: Schedule of Interest Rates for Platinum Deposit Accounts

This document is Part 3 of the Terms and Conditions for Platinum Deposit Accounts. The other documents that make up the Terms and Conditions are:

Part 1: Key Features Statement and Terms and Conditions for Platinum Deposit Accounts and associated payment facilities - Download (PDF 162kb)
Part 2: Schedule of Fees, Charges and Daily Limits for Platinum Deposit Accounts - Download (PDF 72kb)

However, we may give you this document on its own (without the other documents that make up these Terms and Conditions). In that case, this document does not form part of the Terms and Conditions unless we tell you otherwise.

You should consider the Terms and Conditions in deciding whether to acquire, or continue to hold, any of the products the subject of the Terms and Conditions. The issuer of the products in the Terms and Conditions is Newcastle Permanent Building Society Ltd. ABN 96 087 651 992, AFSL 238273.

To obtain a copy of the Terms and Conditions, please call our Member Support Centre 13 19 87, visit one of our branches or view our Tems and Conditions online.

Platinum Fixed Term Account Interest Rates

Interest rates for Platinum Fixed Accounts are based on the prevailing interest rates of the day. Our current interest rates are set out below.

These rates are indicative only. For the most up-to-date information on interest rates applying to our Platinum Fixed Accounts please contact our Treasury Department on (02) 4927 4563.

Platinum At-Call Account Interest Rates

Aggregate Balance of your Platinum Deposit Accounts	Annual Interest Rate (as at 06 Jan 2009)	Method of Calculating Interest	How Interest is Calculated	When Interest is Calculated
Entire balance of you At-Call account where the aggregate balance of your Platinum Deposit accounts is equal to or exceeds $500,000	4.15% 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.
Entire balance of you At-Call account where the aggregate balance of your Platinum Deposit accounts is less then $500,000	3.00% 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		20.00% pa on amount overdrawn

Method of calculating interest:
Single Tiered Interest - Means a single interest rate applies to the entire balance of your account.
* The daily percentage rate is the relevant annual interest rate(s) divided by 365.
† If the aggregate minimum balance of your Platinum Deposit Accounts falls below $500,000, the interest rate applying to your Platinum At-Call Deposit Account will be that applying to deposits below $500,000 from the next business day. If the aggregate minimum balance of your Platinum Deposit Accounts increases to above $500,000, the interest rate applying to your Platinum At-Call Deposit Account will be that applying to deposits above $500,000 from the next business day.

Platinum Fixed Term Interest Rates (Indicative only)

Investment Term (Months)	Investment Term (Days)	Interest Payment Option*	Annual Interest Rate (as at 06 Jan 2009)
Investment Term (Months)	Investment Term (Days)	Interest Payment Option*	When aggregated balances exceed $500,000
1	21 - 45 days	On Maturity date	4.60%
2	46 - 75 days	On Maturity date	4.60%
3	76 - 105 days	On Maturity date	5.60%
4	106 - 135 days	On Maturity date	5.50%
5	136 - 165 days	On Maturity date	4.60%
6	166 - 195 days	On Maturity date	4.50%
7	196 - 225 days	On Maturity date	4.60%
8	226 - 255 days	On Maturity date	3.50%
9	256 - 285 days	On Maturity date	3.50%
10	286 - 315 days	On Maturity date	3.50%
11	316 - 345 days	On Maturity date	3.50%
12	346 - 385 days	On Maturity date	4.35%
Interest rate for withdrawal of funds prior to the maturity date.		0.50% pa

* Monthly, quarterly or half yearly interest payment options may be available depending on the term selected, contact our Treasury Department on (02) 4927 4563 for details and applicable interest rates.

Method of calculating interest:
Fixed Interest - A single, fixed interest rate applies to the whole balance of your account. For more information, see clause 8.7 of the terms and conditions in Part 1 of the Terms and Conditions.

A name you can trust

With Newcastle Permanent you have the added peace of mind that you are dealing with an organisation you know and trust. Newcastle Permanent has obtained a credit rating from Standard & Poor's a globally recognised credit rating agency.
Credit rating: Standard & Poor's BBB+/Stable/A-2.

Newcastle Permanent has also achieved the distinction of becoming the first Australian building society to receive an A grade deposit/issuer investment rating. The long term issuer and deposit rating of A2 was awarded by Moody's Investor Services, a leading global provider of ratings, research and analysis.

Terms and Conditions PART 3: Schedule of Interest Rates for Platinum Deposit Accounts