Newcastle Permanent offers a 12-month term deposit at 5.15% p.a., its strongest rate, with a $1000 minimum deposit. The 6-month term reaches 5.0% p.a. Shorter terms of one to two months yield only 1.0%, while mid-length terms from four to eleven months cluster around 3.6% to 3.75%. Longer-term options beyond 12 months decline progressively, reaching 3.3% p.a. at four and five years.
Deposits with Newcastle Permanent are protected under the Financial Claims Scheme up to $250,000 per account holder per ADI.