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Online Savings Account

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Pros and Cons

Pros:
  • Has no ongoing fees
  • Has no minimum balances
Cons:
  • Is online only

Newcastle Permanent savings accounts rates

Savings Term
$0 - $99,999,999
3 months 1.95%

Features

Fees

Newcastle Permanent offers a range of savings account options. The Online Savings Account pays bonus interest for the first three months, subject to conditions. The Smart Saver Account pays interest for every month that you make no more than two withdrawals and your balance at the end of the month is at least $150 higher than at the start. The Rapid Saver Account pays bonus interest when linked to a Premium Plus Package. The Money Minder Account pays interest only when balances reach at least $5,000, with higher balances earning higher interest rates.

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