Savings Account interest rates

Smart Saver Account

Entire balance up to $50,000 0.35%p.a.
Entire balance $50,000-$100,000 0.35%p.a.
Entire balance $100,000-$250,000 0.35%p.a.
Entire balance over $250,000 0.35%p.a.
Entire balance up to $50,000 1.00%p.a.
Entire balance $50,000-$100,000 1.00%p.a.
Entire balance $100,000-$250,000 1.00%p.a.
Entire balance over $250,000 1.00%p.a.
Interest rates effective as of 27/06/2022 and are subject to change without notice.
Interest is earned for every calendar month that your Smart Saver Account closing balance on the last day of the month is at least $150 higher than the opening balance on the first day of that month (excluding any amounts of interest earned on the account in that month) and no more than 2 withdrawals have been made from the account during that month.
Interest is earned for every calendar month that your Smart Saver Account closing balance on the last day of the month is at least $10 higher than the opening balance on the first day of that month (excluding any amounts of interest earned on the account in that month) and no more than 2 withdrawals have been made from the account during that month. All account holders must be under 25 years of age as at the last day of that month to be eligible for this interest rate.

Online Savings Account

Entire Balance (Standard Rate) 0.05%p.a.
Introductory Bonus Rate# 0.45%p.a.
Entire Balance (including Introductory Bonus Rate Offer#) 0.50%p.a.
Interest rates effective as of 27/06/2022. All rates are variable and are subject to change without notice, but the fixed Introductory Bonus rate component will not change while it applies.
#The Fixed Rate Introductory Bonus Rate will apply for the first 3 months after account opening on top of the current variable Standard Rate. The introductory offer is only available to new Online Savings Account holders who have not held an Online Savings Account with us during the last 6 months, and have an Everyday Account, a Home Loan or Credit Facility with us at the time interest is applied. At the end of the 3 month introductory period the standard variable rate, applicable at that time will apply to the Online Savings Account.
Simply have an Everyday Account, or a Home Loan or a Credit Facility with us at the time interest is applied.

Rapid Saver Account

Entire Balance when linked to a Premium Plus Package 0.25%p.a.
Interest rates effective as of 27/06/2022 and are subject to change without notice.
Simply make at least one deposit and no withdrawals during a calendar month.
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.
©Newcastle Permanent Building Society Limited 2015-2020. 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.