Banking for under 25s
Come on, step up your savings habits!
Smart Saver Account for Under 25s
4.75
%
p.a.
ᴥ0.05% p.a. standard interest rate + 4.70% p.a. bonus interest rate on balances up to $50,000
Accounts for you
Everyday Account
For day to day spending with no everyday transaction or monthly account keeping fees.
Smart Saver Account for Under 25s
Speed up your savings
Our Smart Saver Under 25’s Account is designed specifically for younger customers, offering a higher interest rate to help grow those goals.
Sit back and save knowing you’ll earn a guaranteed standard rate of interest on your savings with the option to access your money if you need it.ᴥ
Plus, receive bonus interest when you grow your balance and make no more than 2 withdrawals each month.ᴥ
Clever cookies will enjoy the following account features:
- Bonus interest when you grow your balance and make no more than 2 withdrawals each monthᴥ
- No monthly account keeping fee
- 2 free everyday transactions each month^^
- Manage your account 24/7 using our app or internet banking.
- Parents/guardians can be given authority to operate the account until the child turns 14 and can request sole access.
Smart Saver Under 25s Account
| Balance | Standard variable rate | Bonus rate | Standard + bonus |
| Portion of the balance below $50,000ᴥ | 0.05% p.a. | 4.70% p.a. | 4.75% p.a. |
| Portion of the balance between $50,000 - $100,000ᴥ | 0.05% p.a. | 4.45% p.a. | 4.50% p.a. |
| Portion of the balance between $100,000 - $250,000ᴥ | 0.05% p.a. | 4.45% p.a. | 4.50% p.a. |
| Portion of the balance $250,000 and aboveᴥ | 0.05% p.a. | 4.45% p.a. | 4.50% p.a. |
| Free everyday transactions^^ | You will receive two free 'Everyday Transactions' each month. |
| Interest calculated | Daily |
| Interest credited | On the last day of each calendar month |
| Account keeping fee | Nil |
| Branch withdrawal fee | $3.00 |
| eftpos fee | Nil |
| Newcastle Permanent ATM enquiry fee | Nil |
| Newcastle Permanent ATM withdrawal fee | Nil |
Everyday Account
For your favourite daily moments
Every day is different, so get the most out of it with banking you can count on:
- No monthly account keeping fee
- Unlimited free everyday transactions^^
- Get access to an instant digital card via our app
- Check out faster in-store or online with mobile payments
- Access your account 24/7 using our app or internet banking
- Pay wherever Visa is accepted^
- Use our ATMs, Greater Bank and any of the big four banks for freeΔ
- Get paid directly into your account by submitting a form with your employer.
Download our Everyday Banking Account Guide for more details.
| Account keeping fee | Nil |
| Branch withdrawal fee | Nil |
| eftpos fee | Nil |
| Newcastle Permanent ATM enquiry fee | Nil |
| Newcastle Permanent ATM withdrawal fee | Nil |
Unlock your banking features
Download our award-winning app and discover all that your account has to offer.
Download our Everyday Banking Account Guide for more details.
Instant account access. Add your Visa card to Digital Wallet straight after opening a new account via the app and tap away with mobile payments.
Speedy and secure payments. Register your email or mobile number with PayID® to transfer money securely in near real time.
Switch your salary. Streamline your banking and get paid directly into your account by submitting a form with your employer.
Pay your way. Set up regular payments for your bills and loan repayments to keep on top of your budget.
FAQs
To see all FAQs visit our help & support page
Log on to the app and select ‘Profile’ from the bottom menu to find your 8 digit Customer ID. Otherwise select ‘Forgot Customer ID’ from internet banking and follow the prompts.
You'll need your Customer ID and a few other personal details.
App:
- Download the app via the App Store or Play Store and follow the prompts.
Internet banking:
- Register for internet banking via the Log on tab on our website and follow the prompts.
App:
- Log on and select the account your PayID®
- is linked to
- Tap on Details
- Select the Manage PayID button at the bottom of the screen and follow the prompts.
Internet banking:
- Log on
- Navigate to Settings > Update my details > Manage my PayID
- Click the three dots and select Edit
- Choose a new account from the drop down options
- Select Continue we’ll send a code to verify your details.
Along with your device, you'll need a Newcastle Permanent Visa Debit or Visa Value+ credit card. Our team can help you apply for an eligible product if you don't already have one.
First, download Google Wallet from the Google Play Store. Second, you can add an eligible card by snapping a picture or entering your account number manually.
If your eligible card is already set up for Google Play, you can simply add that card to Google Pay by confirming a few details.
You must be 11 years or over to apply for a Visa Debit card (11-13 year olds require parental consent). You can opt to receive a Visa Debit card when opening an eligible new account.
If you wish to upgrade an existing account to a Visa Debit card visit one of our branches or call 13 19 87.
Access your accounts
You may need to access your accounts from overseas, so make sure you know your app or internet banking password before you go.
Please contact us before you go to set up an alternative Transaction Password to use while travelling, this will ensure you can continue to access your accounts avoiding any issues overseas accessing your Australian mobile number to receive your SMS one-time password.
Notify us of your travel plans
Let us know your travel plans via the app or internet banking banking so we can monitor your account activity overseas and provide better security for you.
To use the app to notify us of your travel plans:
- Log on
- Go to Profile
- Select Overseas travel and follow the prompts.
To use internet banking to notify us of your travel plans:
- Log on to internet banking and navigate to Services > Overseas travel,
- Select 'Add trip'
- Enter all countries you plan to visit including stopovers, and the dates you are travelling,
- Use the checkboxes provided to let us know if you are planning to use your cards for ATM withdrawals, or for large purchases,
- Select ‘Save’.
Alternatively, you can call us on 13 19 87, or visit one of our branches to notify us.
Add your eligible Visa Debit card to the Digital Wallet and tap to pay straight away after opening a new account online. No need to wait for your physical card to arrive.
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Get in touch
Make an enquiry
Get in touch with us online, and we'll get back to you as soon as possible.
Visit your branch
Find the Newcastle Permanent branch that's closest to you.
ᴥ Standard interest is earned on your Smart Saver Account each month that it maintains a positive balance. Bonus interest is paid on each portion of your balance within each strata (tier). This means that different rates of interest apply to different parts of your account balance. To qualify for bonus interest, your closing balance must be higher than the opening balance (excluding any interest earned) and you must not have made more than two withdrawals during the calendar month. All account holders must be under 25 years of age as at the first day of that month to be eligible for a Smart Saver Under 25’s.
^ Must be 11 years or over to apply for a Visa Debit card. 11-13 year olds require parental consent.
^^ 'Everyday transactions' consist of branch withdrawals. For more information refer to the product schedule.
Δ No transaction fees apply for a successful cash withdrawal or account balance query using your Newcastle Permanent Visa debit card at any Newcastle Permanent, Greater Bank, ANZ, NAB, Commonwealth Bank or Westpac ATM across Australia.
Apple Pay Terms of Use.
Apple, the Apple logo, Apple Pay, Apple Watch, Face ID, iPad, iPhone, iTunes, Mac, MacBook Pro, Safari, and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries and regions. *For a list of compatible Apple Pay devices, see support.apple.com/en-us/HT208531. Cashcards and Business+ Credit Cards are not eligible.
Google Pay Terms of Use.
Google, Google Pay, Android, Google Wallet, Google Play and the Google Play logo are trademarks of Google LLC. Cashcards and Business+ Credit Cards are not eligible.