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Personal banking interest rates

Term Deposit Accounts

Rates are effective as at 9am Friday 06/06/2025 and are subject to change without prior notice.

Interest paid at maturity

Days Interest rate
21 - 45 days 1.00% p.a.
46 - 75 days 1.00% p.a.
76 - 105 days 3.95% p.a.
106 - 135 days 3.95% p.a.
136 - 165 days 3.95% p.a.
166 - 195 days 4.35% p.a.
196 - 225 days 3.80% p.a.
226 - 255 days 3.80% p.a.
256 - 285 days 3.80% p.a.
286 - 315 days 3.80% p.a.
316 - 345 days 3.80% p.a.
346 - 385 days 4.00% p.a.

*Deposits up to $250,000 per customer are guaranteed under the Australian Government's Financial Claims Scheme.

Interest rate where Term Deposit funds are withdrawn prior to the maturity date is 0.01% p.a. Term Deposit rates are fixed and apply to the whole balance of the account. For further information regarding interest and the products generally, please view the applicable Terms and Conditions. 

You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.

Rates are effective as at 9am Friday 06/06/2025 and are subject to change without prior notice.

Interest paid periodically

Monthly Interest rate
76 - 105 days 3.85% p.a.
106 - 135 days 3.85% p.a.
136 - 165 days 3.85% p.a.
166 - 195 days 4.25% p.a.
196 - 225 days 3.70% p.a.
226 - 255 days 3.70% p.a.
256 - 285 days 3.70% p.a.
286 - 315 days 3.70% p.a.
316 - 345 days 3.70% p.a.
346 - 385 days 3.90% p.a.
2 years 3.40% p.a.
3 years 3.90% p.a.
4 years 3.40% p.a.
5 years 3.40% p.a.
Quarterly Interest rate
1 year 3.90% p.a.
2 years 3.40% p.a.
3 years 3.90% p.a.
4 years 3.40% p.a.
5 years 3.40% p.a.
Half Yearly Interest rate
1 year 3.90% p.a.
2 years 3.40% p.a.
3 years 3.90% p.a.
4 years 3.40% p.a.
5 years     3.40% p.a.
Annually Interest rate
2 years 3.50% p.a.
3 years 4.00% p.a.
4 years 3.50% p.a.
5 years 3.50% p.a.

*Deposits up to $250,000 per customer are guaranteed under the Australian Government's Financial Claims Scheme.

Interest rate where Term Deposit funds are withdrawn prior to the maturity date is 0.01% p.a. Term Deposit rates are fixed and apply to the whole balance of the account. For further information regarding interest and the products generally, please view the applicable Terms and Conditions. 

You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.

Savings Accounts

Rates are effective as at 9am Friday 06/06/2025 and are subject to change without prior notice.

Smart Saver Account

Balance Standard variable rate Bonus rate Standard + bonus
Portion of the balance below $50,000 0.05% p.a. 3.95% p.a. 4.00% p.a.
Portion of the balance between $50,000 - $100,000 0.05% p.a. 3.95% p.a. 4.00% p.a.
Portion of the balance between $100,000 - $250,000 0.05% p.a. 3.95% p.a. 4.00% p.a.
Portion of the balance $250,000 and above 0.05% p.a. 3.95% p.a. 4.00% p.a.

 

Rates are effective as at 9am Friday 06/06/2025 and are subject to change without prior notice.

Smart Saver Under 25s Account

Balance Standard variable rate Bonus rate Standard + bonus
Portion of the balance below $50,000 0.05% p.a. 4.70% p.a. 4.75% p.a.
Portion of the balance between $50,000 - $100,000 0.05% p.a. 4.45% p.a. 4.50% p.a.
Portion of the balance between $100,000 - $250,000 0.05% p.a. 4.45% p.a. 4.50% p.a.
Portion of the balance $250,000 and above 0.05% p.a. 4.45% p.a. 4.50% p.a.

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.

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.

20% p.a. interest rate is payable by account holder on any overdrawn amount.

All rates are variable. For further information regarding interest and products generally, please review the applicable Terms and Conditions.

You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.

Rates are effective as at 9am Friday 06/06/2025 and are subject to change without prior notice.

Online Savings account

Online Savings Account Interest rate
Entire balance (including Introductory Bonus Rate Offer#) 4.75% p.a.
Introductory bonus rate# 3.75% p.a.
Entire balance (standard rate) 1.00% p.a.

# The Online Savings Account Standard Rate is variable and subject to change without prior notice; however, the Introductory Bonus Rate offer is a fixed rate that won’t change during the period it applies to your account. The Introductory Bonus Rate applies for the first 3 months after the account is opened, on top of the Standard Rate. At the end of the 3-month Introductory Bonus Rate period only the Standard Rate will continue to apply. The Introductory Bonus Rate is available on a new Online Savings Account if you and all other account owners have not been eligible to receive the Introductory Bonus Rate on any other Online Savings Account in the previous 6-months. To be eligible to receive any interest inclusive of the Introductory Bonus Rate or Standard Rate, all account owners must hold an Everyday Account, Home Loan or a Credit Facility with Newcastle Permanent.

20% p.a. interest rate is payable by account holder on any overdrawn amount.

For further information regarding interest and products generally, please review the applicable Terms and Conditions.

You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.

Everyday Banking

Rates are effective as at 9am Friday 06/06/2025 and are subject to change without prior notice.
Everyday account Interest rate
Entire balance 0.01% p.a.
Entire balance when linked to an eligible loan For 100% Interest Offset - equivalent linked loan's%p.a.

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.

Rates are effective as at 9am Friday 06/06/2025 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 0.90% p.a.
$50,000 - $249,999 1.40% p.a.
$250,000 plus 1.70% p.a.

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.

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