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Newcastle Permanent

Current savings accounts from this bank.

Smart Saver Account (under 25)

For account holders under 25.

Advertised rate
Up to 5.50% p.a.
Highest tier on the portion up to $50,000
Rate details
Ongoing rate
Up to 5.50% p.a.
First $50,000
5.50% p.a.
$50,000 to $250,000 portion
4.75% p.a.
Above $250,000
4.50% p.a.
Different portions of your balance earn different rates.
How to get the best rate
  • Finish the month with a higher balance than you started with.
  • Make no more than 2 withdrawals each month.
Who can open it
  • Available up to age 24.

Online Savings Account

A no-conditions online savings account linked to a Newcastle Permanent Everyday Account.

Advertised rate
3-month intro 4.75% p.a.
Then ongoing 1.00% p.a.
Rate details
3-month intro rate
4.75% p.a.
Any balance
4.75% p.a.
Ongoing rate
1.00% p.a.
Any balance
1.00% p.a.
How to get the best rate
  • No monthly conditions.
Who can open it
  • Intro offer is limited to new customers.
  • Requires a linked Everyday Account account.
  • Conditions are assessed on a calendar-month basis.
  • Interest is credited on the last day of the month.

Smart Saver Account

Newcastle Permanent's Smart Saver Account earns a 0.05% p.a.

Advertised rate
4.25% p.a.
Rate details
Ongoing rate
4.25% p.a.
First $50,000
4.25% p.a.
$50,000 to $100,000 portion
4.25% p.a.
$100,000 to $250,000 portion
4.25% p.a.
Above $250,000
4.25% p.a.
Different portions of your balance earn different rates.
How to get the best rate
  • Grow the balance by at least $1 by month end.
  • Make no more than 2 withdrawals each month.
Who can open it
  • Conditions are assessed on a calendar-month basis.
  • Interest is credited on the last day of the month.

Rates, eligibility and product terms can change. Check the bank's official page before opening an account.

Newcastle Permanent Savings Accounts | Savings Planner