The Finance Algorithm
Newcastle Permanent

Online Savings Account (including Intro)

This high interest at-call savings account is designed to offer maximum flexibility with no monthly account or transaction fees.

Savings & transaction accountsBank updated 25 Aug 2026
At a glance
Base rate
1.00%
Intro rate
4.00% for 3 mo
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Introductory3 mo introup to null4.00%paid every 1 mo
Variableup to null1.00%paid every 1 mo
§ 02 — Fees · 5
FeeTypeAmountWhenNotes
Real Time Gross Settlements (RTGS) - Inward NPBS feeDeposit$12
Real Time Gross Settlements (RTGS) - Inward Third party financial institution feeDepositVariesUnascertainable
Document and Miscellaneous ServiceEnquiryVaries$60/hour (min $10/copy)
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 transactions
§ 04 — Eligibility & limits
  • · Residency: Available to permanent Australian Residents
  • · Available to individuals
  • · All account owners have an Everyday Account or a Home Loan or a Credit Facility with Newcastle Permanent

Published by Newcastle Permanent Building Society under the Consumer Data Right, last changed by them on 25 Aug 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.