Newcastle Permanent Special Monthly Interest
- Account keeping fee
- $0
- ATM withdrawal fee
- $0
- Overseas ATM withdrawal fee
- $5
- Overseas transaction fee of transaction value
- 3%
Summary
Designed specifically for over-55s, retirees and pensioners, this account offers free everyday banking and presents a flexible alternative as a statement or passbook option.
Newcastle Permanent offers its mature customers this Special Monthly Interest Account that allows retirees to accumulate interest on their pensions. Customers also have free access to funds via online banking, transactions conducted on the telephone and mobile-phone banking. Customers can choose to set up a flexible or statement account, the latter including worldwide access with a Visa debit card.
Pros
-
No monthly account keeping fee
-
Free Internet, mobile and phone banking
-
Linked Visa debit card
Cons
-
A minimum of six free 'Everyday Transactions' each month
Details
Key details
Product Name | Newcastle Permanent Special Monthly Interest Account |
Monthly account fee | $0 |
Card access | Visa |
Own network ATM fee | $0 |
International ATM Fee | $5 + 3% |
International transaction fee | 3% |
Monthly deposit required to waive account fee | N/A |
Contactless Payments | Apple Pay, Google Pay |
Eligibility
Minimum Age | 55 |
Joint account availability | Yes |
Minimum opening deposit | N/A |
Residency status | Permanent Australian residents with an Australian address |
Your reviews
Alison Finder
Editor
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