Special Monthly Interest Account

Best of both worlds

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:

No monthly account keeping fees.

Use our ATMs, Greater Bank and any of the big four banks for freeΔ.

Interest deposited into your account each month.

Pay wherever Visa is accepted.

At least 6 free everyday transactions^^ each month

Grow your nest egg

Interest is paid directly into your account each month.

Easy payments

Enjoy 6 free everyday transactions^{^^} each month.

24/7 access

Manage your money online or in-branch.

Safe and secure

Security features to help keep your money safe from scams.

Rates are effective as at 9am Tuesday 25/08/2026 and are subject to change without prior notice.

Special Monthly Interest Account	Interest rate
Up to $9,999	0.01% p.a.
$10,000 - $49,999	1.40% p.a.
$50,000 - $249,999	1.80% p.a.
$250,000 plus	1.80% p.a.

Features

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

Fees and charges

Account keeping fee	Nil
Branch withdrawal	$3.00
eftpos fee	Nil
Newcastle Permanent ATM enquiry fee^Δ	Nil
Newcastle Permanent ATM withdrawal fee^Δ	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.

Terms, conditions, fees, charges and credit criteria apply.

Smarter tech. Safer you.

Send payments with confidence.

Confirmation of Payee allows you to check and verify you’re sending money to the right person or business.

Learn more Security advice

Download our award-winning app and discover all that your account has to offer.

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.

In-branch assistance

Our friendly branch teams are always happy to help.

Find your nearest branch

ATMs

Make a withdrawal from an ATM near you.

Find an ATM

Visa transactions

Pay in-store or online wherever Visa is accepted.

Online

Bank online using our highly rated app or internet banking.

FAQs

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:

Download and fill out a salary switching form
Submit the form with your employer

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.

Apple Pay

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.

Terms, conditions, fees and charges apply.

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.

Get Google Pay™

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.

Terms, conditions, fees and charges apply.

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.

Show your true colours

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.

Open an account

Speak to a local

Our friendly Newcastle Permanent contact centre are here to help.

Call 13 19 87

Make an enquiry

Get in touch with us online, and we'll get back to you as soon as possible.

Make an enquiry

Visit your branch

Find the Newcastle Permanent branch that's closest to you.

Find your local branch

Terms, conditions, fees, charges and credit criteria apply.

PayID and PayTo are registered trademarks of NPP Australia Limited.

^ΔNo 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.

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.

The Contactless Indicator mark, consisting of four graduating arcs, is a trademark owned by and used with permission of EMVCo, LLC.

^{^^}'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.

Special Monthly Interest Account

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Best of both worlds