The Finance Algorithm
Newcastle Permanent

Everyday Account

A flexible everyday account designed to help make banking easier offering a wide range of transactional facilities and unlimited free everyday transactions.

Savings & transaction accountsBank updated 1 Sept 2026
At a glance
Base rate
0.01%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableCredit interest you earn is worked out as tiered interest using the annual rate divided by 365 on the daily opening balance and paid six monthly to the account on the last day of June and December.up to null0.01%paid every 6 mo
§ 02 — Fees · 12
FeeTypeAmountWhenNotes
Visa Cash Advance FeeCash advance$5
Real Time Gross Settlements (RTGS) - Inward NPBS feeDeposit$12
Real Time Gross Settlements (RTGS) - Inward Third party financial institution feeDepositVariesUnascertainable
Dishonour (Direct Debit and Cheque)Dishonour$9
Document and Miscellaneous ServiceEnquiryVaries$60/hour (min $10/copy)
Account OverdrawnEvent$5
Foreign Currency ConversionPurchase3.00% of transaction
Card Replacement OverseasReplacement$100
Financial Institution Cheque ReplacementReplacement$15
Financial Institution ChequeWithdrawal$10
Real Time Gross Settlements (RTGS) - Outward Third party financial institution feeWithdrawalVariesUnascertainable
Real Time Gross Settlements (RTGS)Withdrawal$30When you send an RTGS
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsApple PayGoogle Pay
  • · Cheque book available (must be 18+).
§ 04 — Eligibility & limits
  • · Residency: Available to permanent Australian Residents
  • · Available to individuals

Published by Newcastle Permanent Building Society under the Consumer Data Right, last changed by them on 1 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.