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Compare Newcastle Permanent savings accounts

Whatever your financial goals are for the future, Newcastle Permanent has a savings plan that could help you meet them.

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Newcastle Permanent

Newcastle Permanent is a customer-owned mutual bank that has been operating around Newcastle, NSW for 120 years. Newcastle Permanent is part of NGM group and offers savings accounts along with home loans, personal loans and more.

Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
Newcastle Permanent Online Savings Account
Maximum Variable Rate p.a.
5.20%
Standard Variable Rate p.a.
1.00%
Intro/Ongoing
3 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Newcastle Permanent Smart Saver Account - Under 25s
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance
  • No more than 2 withdrawals
Go to siteView details
Newcastle Permanent Smart Saver Account
Maximum Variable Rate p.a.
4.50%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance
  • No more than 2 withdrawals
Go to siteView details
Newcastle Permanent Business Cash Management Account
Maximum Variable Rate p.a.
0.90%
Standard Variable Rate p.a.
0.30%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Newcastle Permanent Special Monthly Interest Account
Maximum Variable Rate p.a.
2.00%
Standard Variable Rate p.a.
2.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
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Showing 5 of 5 results
Name Monthly fee Govt. Guarantee Own network ATM fee Card type
Newcastle Permanent Everyday Account
Newcastle Permanent logo
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Newcastle Permanent Special Monthly Interest Account
Newcastle Permanent logo
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Newcastle Permanent Business Cheque Account
Newcastle Permanent logo
Apple Pay Google Pay
Monthly fee
$10
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Newcastle Permanent Club Account
Newcastle Permanent logo
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Newcastle Permanent Everyday Youth Account
Newcastle Permanent logo
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
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Showing 5 of 5 results
Name 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
Newcastle Permanent Term Deposit
Newcastle Permanent logo
$1,000 min. deposit
3 Mths p.a.
3.50%
4 Mths p.a.
3.50%
5 Mths p.a.
3.50%
6 Mths p.a.
5.05%
7 Mths p.a.
3.80%
12 Mths p.a.
4.80%
24 Mths p.a.
4.00%
Go to siteMore Info
Newcastle Permanent Business Term Deposit
Newcastle Permanent logo
$1,000 min. deposit
3 Mths p.a.
3.50%
4 Mths p.a.
3.50%
5 Mths p.a.
3.50%
6 Mths p.a.
5.05%
7 Mths p.a.
3.80%
12 Mths p.a.
4.80%
24 Mths p.a.
4.00%
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Showing 2 of 2 results

Who is Newcastle Permanent?

Newcastle Permanent provides customers with plenty of options to meet their savings needs. You will find online accounts, low and no fees and a number of accounts designed specifically for certain goals.

Compare what Newcastle Permanent has to offer against the savings accounts of larger banks to see if they are able to provide you with the best benefits for a secure home for your money.

What about the mobile app?

Image Source: App Store
Login PageAccount BalancePayments
Newcastle Permanent mobile app logon

What transaction accounts are offered by Newcastle Permanent?

  • Everyday Account. A fee-free transaction account designed for everyday spending. Unlimited free everyday transactions and 24/7 app and online banking access.
  • Special Monthly Interest Account. This is a bank account designed for retirees, pensioners and over 55s. You can earn some interest while having easy access to your money when you need it.

What high interest savings accounts are offered by Newcastle Permanent?

  • Online Savings Account. If you have a Newcastle Permanent everyday account, home loan or credit facility, you can open a high interest earning online savings account and pay no monthly fees. There are no minimum deposit requirements and you can get a competitive rate while still being able to make withdrawals.
  • Smart Saver Account. This account lets you earn some interest while also letting you access your money from time to time. You can earn interest each month if you grow your balance make no more than 2 withdrawals.

What term deposits are offered by Newcastle Permanent?

  • Term deposit. With an initial investment of $1,000, you can choose terms ranging from 21 days to 5 years. You can choose to get interest paid periodically or at maturity.

What are the pros and cons of banking with Newcastle Permanent?

Pros

  • Flexibility. The various savings accounts offered provide you with the flexibility to choose one that is right for your financial goals.
  • Online option. The online savings account provides you with a bonus rate and no fees just for taking advantage of other products from Newcastle Permanent.
  • Accessibility. You have more accessibility to your money through the free use of Westpac’s ATM network.

Cons

  • Region based. Newcastle Permanent is based in NSW, with all of their branches confined to that area.

How do I apply for Newcastle Permanent savings account?

You need to compare the accounts offered by Newcastle Permanent with others to make sure they suit your personal financial needs and your unique situation. If you decide one of the Newcastle Permanent accounts meets your needs, you can apply for a savings account in a few minutes via Newcastle Permanent's website or app.

To apply you will need:

  • To be a permanent resident in Australia.
  • An email address and phone number.
  • 2 forms of ID (including an Australian driver's license, birth certificate, passport or Medicare card.

If you are an existing member of Newcastle Permanent, you should receive your account details in just a few days. If not, you will have to wait until the identity verification process is complete. Ensure that you have carefully compared their accounts with other financial institutions before going forward with your application.

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Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 530 Finder guides across topics including:
  • Home loans
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  • Personal finance
  • Money-saving tips

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