Business Interest Rates

Business Cheque Account and Club Account

Up to $1,999 0.00% p.a.
$2,000 - $9,999 0.00% p.a.
$10,000 - $19,999 0.00% p.a.
$20,000 - $49,999 0.00% p.a.
$50,000 - $99,999 0.00% p.a.
$100,000 plus 0.00% p.a.
Method of Calculating Interest Tiered Interest - Means a single interest rate applies to the entire balance of your account. When your balance reaches a higher tier you will receive the interest rate for that tier on the entire balance of your account.
How Interest is Calculated We apply the daily percentage rate* to the balance of your account at the end of each day.
When Interest is Calculated Interest is credited to your account quarterly after the close of business at the end of June, September, December and March.
Penalty Interest on Overdrawn Account Business Base Overdraft + 6% p.a.
* The daily percentage rate is the relevant annual interest rate(s) divided by 365.
You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.

Business Cash Management Account

Up to $9,999 0.00% p.a.
$10,000 - $19,999 0.25% p.a.
$20,000 - $49,999 0.25% p.a.
$50,000 - $99,999 0.25% p.a.
$100,000 - $249,999 0.45% p.a.
$250,000 - $499,999 0.45% p.a.
$500,000 - $999,999 0.70% p.a.
$1,000,000 plus 0.70% p.a.
Method of Calculating Interest Tiered Interest - Means a single interest rate applies to the entire balance of your account. When your balance reaches a higher tier you will receive the interest rate for that tier on the entire balance of your account.
How Interest is Calculated We apply the daily percentage rate* to the balance of your account at the end of each day.
When Interest is Calculated Interest is credited to your account monthly after the close of business at the end of the month.
Penalty Interest on Overdrawn Account  Business Base Overdraft + 6%p.a.
* The daily percentage rate is the relevant annual interest rate(s) divided by 365.
You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.

Solicitors Trust Account

Account Balance Range Entire balance
Annual Interest Rate
(as at 17/09/2019)
0.60%p.a.
Method of Calculating Interest Single Tier Interest - Means a single interest rate applies to the entire balance of your account
How Interest is Calculated We apply the daily percentage rate* to the balance of your account at the end of each day.
When Interest is Calculated No interest is credited to your account. However, interest earned on your account is paid to the New South Wales Law Society monthly after the close of business at the end of the month.
Penalty Interest on Overdrawn Account 20% p.a. on amount overdrawn
Important Information - this rate is negotiated between Newcastle Permanent Building Society and the New South Wales Law Society.
* The daily percentage rate is the relevant annual interest rate(s) divided by 365.

Real Estate Trust Account

Account Balance Range Entire balance
Annual Interest Rate
(as at 17/09/2019)
90% of the RBA official targeted cash rate
Method of Calculating Interest Single Tier Interest - Means a single interest rate applies to the entire balance of your account.
How Interest is Calculated We apply the daily percentage rate* to the balance of your account at the end of each day.
When Interest is Calculated No interest is credited to your account. However, interest earned on your account is paid to the Office of Fair Trading monthly after the close of business at the end of the month.
Penalty Interest on Overdrawn Account 20% p.a. on amount overdrawn
* The daily percentage rate is the relevant annual interest rate(s) divided by 365.
© Newcastle Permanent Building Society Limited 2015-2019. ACN 087 651 992 Australian Financial Services Licence / Australian Credit Licence 238273. 
Any general advice on this website has been prepared without taking into account your objectives, financial situation or needs. Therefore, before acting on the advice, you should consider its appropriateness (having regard to your personal circumstances). Before deciding to acquire a financial product from us, you should also consider the relevant Terms and Conditions or Product Disclosure Statement.