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  4. Smart Saver Account

Smart Saver Account

  • Bonus interest with conditions
  • Online banking

Maximum rate p.a.

4.50%*

Base rate p.a.

Not Applicable

Smart Saver Account

  • Bonus interest with conditions
  • Online banking

Maximum rate p.a.

4.50%*

Base rate p.a.

Not Applicable

Pros and Cons

For Smart Saver Account

Benefits

  • Better than average maximum interest rate
  • Ongoing bonus interest (conditions apply)
  • No ongoing account fees
  • No minimum balance

Drawbacks

    Newcastle Permanent Rate Savings Account overview

    For Smart Saver Account

    Account Details

    Maximum rate p.a.

    4.50%*

    Minimum age restrictions

    25

    Base rate p.a.

    Not Applicable

    Maximum age restrictions

    Maximum rate condition

    *Grow your balance by at least $10 and make no ...

    Minimum opening deposit

    $0

    Interest calculation method

    Whole Balance

    Target Market Determination

    Visit Newcastle Permanent to view Target Market Determination.

    Features

    Joint application available

    Is online only

    Linked account required

    Methods of Access

    Internet facility

    ATM access

    Phone facility

    Eftpos facility

    Branch access

    App

    App only

    Fees

    Account keeping fees

    $0

    Eftpos fee

    $0

    ATM withdrawal fee

    $0

    Overseas eftpos fee

    $0

    Internet transaction fee

    $0

    Over the counter deposit fee

    $0

    Phone transaction fee

    $0

    Over the counter withdrawal fee

    $3

    Other Restrictions

    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.