The Finance Algorithm
Newcastle Permanent

Term Deposit

A Term Deposit is a secure way to boost your savings, simply open an account, select your term and enjoy the rewards of a high interest investment.

Term depositsBank updated 25 Aug 2026
At a glance
Best rate
5.15% for 12m
12 months
5.15%
Min deposit
$1,000
§ 01 — Rates · 40
TypeApplies toTermBandRateComparisonConditions
Fixed21 - 45 days Interest paid at maturity$1,000+1.00%paid at maturity; P21D - P45D
Fixed46 - 75 days Interest paid at maturity$1,000+1.00%paid at maturity; P46D - P75D
Fixed196 - 225 days Interest paid at maturity$1,000+3.60%paid at maturity; P196D - P225D
Fixed226 - 255 days Interest paid at maturity$1,000+3.60%paid at maturity; P226D - P255D
Fixed256 - 285 days Interest paid at maturity$1,000+3.60%paid at maturity; P256D - P285D
Fixed286 - 315 days Interest paid at maturity$1,000+3.60%paid at maturity; P286D - P315D
Fixed316 - 345 days Interest paid at maturity$1,000+3.60%paid at maturity; P316D - P345D
Fixed106 - 135 days Interest paid at maturity$1,000+3.75%paid at maturity; P106D - P135D
Fixed136 - 165 days Interest paid at maturity$1,000+3.75%paid at maturity; P136D - P165D
Fixed76 - 105 days Interest paid at maturity$1,000+4.50%paid at maturity; P76D - P105D
Fixed166 - 195 days Interest paid at maturity$1,000+5.10%paid at maturity; P166D - P195D
Fixed346 - 385 days Interest paid at maturity$1,000+5.25%paid at maturity; P346D - P385D
Fixed196 - 225 days Interest paid monthly$1,000+3.50%paid every 1 mo; P196D - P225D
Fixed226 - 255 days Interest paid monthly$1,000+3.50%paid every 1 mo; P226D - P255D
Fixed256 - 285 days Interest paid monthly$1,000+3.50%paid every 1 mo; P256D - P285D
Fixed286 - 315 days Interest paid monthly$1,000+3.50%paid every 1 mo; P286D - P315D
Fixed316 - 345 days Interest paid monthly$1,000+3.50%paid every 1 mo; P316D - P345D
Fixed106 - 135 days Interest paid monthly$1,000+3.65%paid every 1 mo; P106D - P135D
Fixed136 - 165 days Interest paid monthly$1,000+3.65%paid every 1 mo; P136D - P165D
Fixed76 - 105 days Interest paid monthly$1,000+4.40%paid every 1 mo; P76D - P105D
Fixed166 - 195 days Interest paid monthly$1,000+5.00%paid every 1 mo; P166D - P195D
Fixed346 - 385 days Interest paid monthly$1,000+5.15%paid every 1 mo; P346D - P385D
Fixed1 year Interest paid quarterly1 yr$1,000+5.15%paid every 3 mo
Fixed1 year Interest paid half-yearly1 yr$1,000+5.15%paid every 6 mo
Fixed2 years Interest paid monthly2 yrs$1,000+4.15%paid every 1 mo
Fixed2 years Interest paid annually2 yrs$1,000+4.25%paid every 1 yr
Fixed2 years Interest paid quarterly2 yrs$1,000+4.15%paid every 3 mo
Fixed2 years Interest paid half-yearly2 yrs$1,000+4.15%paid every 6 mo
Fixed3 years Interest paid monthly3 yrs$1,000+3.65%paid every 1 mo
Fixed3 years Interest paid annually3 yrs$1,000+3.75%paid every 1 yr
Fixed3 years Interest paid quarterly3 yrs$1,000+3.65%paid every 3 mo
Fixed3 years Interest paid half-yearly3 yrs$1,000+3.65%paid every 6 mo
Fixed4 years Interest paid monthly4 yrs$1,000+3.45%paid every 1 mo
Fixed4 years Interest paid annually4 yrs$1,000+3.55%paid every 1 yr
Fixed4 years Interest paid quarterly4 yrs$1,000+3.45%paid every 3 mo
Fixed4 years Interest paid half-yearly4 yrs$1,000+3.45%paid every 6 mo
Fixed5 years Interest paid monthly5 yrs$1,000+3.45%paid every 1 mo
Fixed5 years Interest paid annually5 yrs$1,000+3.55%paid every 1 yr
Fixed5 years Interest paid quarterly5 yrs$1,000+3.45%paid every 3 mo
Fixed5 years Interest paid half-yearly5 yrs$1,000+3.45%paid every 6 mo
§ 02 — Fees · 3
FeeTypeAmountWhenNotes
Document and Miscellaneous ServiceEnquiryVaries$60/hour (min $10/copy)
Financial Institution Cheque ReplacementReplacement$15
Real Time Gross Settlements (RTGS)Withdrawal$30When you send an RTGS
§ 03 — Features
Digital bankingRelationship manager
  • · For Term Deposits opened or last renewed before 23 February 2026, early withdrawals earn a reduced interest rate of 0.01% p.a. for the period invested. For Term Deposits opened or renewed from 23 Feb…
§ 04 — Eligibility & limits
  • · Minimum age 14
  • · Residency: Living in Australia and have an Australian residential address
  • · Minimum balance $1,000
  • · Opening balance $1,000

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.