Want a transaction account with a little extra on the side?
With our Special Monthly Interest Account you can access your money when you need to and earn interest at the same time.
Retirees, pensioners and over 55’s can enjoy flexible banking options along with the following benefits:
Interest is paid directly into your account each month.
Enjoy 6 free everyday transactions^^ each month.
Manage your money online or in-branch.
Security features to help keep your money safe from scams.
| Special Monthly Interest Account | Interest rate |
|---|---|
| Up to $9,999 | 0.01% p.a. |
| $10,000 - $49,999 | 0.90% p.a. |
| $50,000 - $249,999 | 1.40% p.a. |
| $250,000 plus | 1.70% p.a. |
| Free everyday transactions^^ | You will receive a minimum of six free 'Everyday Transactions' each month |
| Free financial institution cheques | You will receive two free Financial Institution Cheques per month. |
| Free internet banking transactions | Available |
| Account keeping fee | Nil |
| Branch withdrawal | $3.00 |
| eftpos fee | Nil |
| Newcastle Permanent ATM enquiry feeΔ | Nil |
| Newcastle Permanent ATM withdrawal feeΔ | Nil |
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.
All rates are variable. For further information regarding interest and products generally, please review the applicable Terms and Conditions.
20% p.a. interest rate is payable by account holder on any overdrawn amount.
You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.
Download our award-winning app and discover all that your account has to offer.
Download our Everyday Banking Account Guide for more details.
Pay in-store or online wherever Visa is accepted.
Bank online using our highly rated app or internet banking.
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:
Internet banking:
You’ll be paid into your nominated account once your employer has updated 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:
To use internet banking to notify us of your travel plans:
Alternatively, you can call us on 13 19 87, or visit one of our branches to notify us.
Brighten your world with our rainbow range of Visa Debit cards. Open a new account or renew your card to choose from six different colours that really stand out. Play the cards your way and add to Digital Wallet straight after opening a new account without waiting for your physical card to arrive.
Get in touch with us online, and we'll get back to you as soon as possible.
Find the Newcastle Permanent branch that's closest to you.
You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.
PayID and PayTo are registered trademarks of NPP Australia Limited.
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.
^^ 'Everyday transactions' consist of branch withdrawals. For more information refer to the product schedule.
For more information on how we handle your data and how it is securely stored, read our Privacy Policy.
