Savings account

Online Savings Account (including Intro)

Current savings rate from Newcastle Permanent. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.

Online Savings Account (including Intro)

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1.00% p.a.

ongoing rate

Rate breakdown

Base rate: 1.00%

How to earn it

No conditions

Introductory rate

5.00% for 3 months

Then reverts to 1.00% ongoing rate.

Rate current since 28 May 2026.

What to know

This page focuses on the ongoing rate: 1.00% p.a. That is the rate after any honeymoon period ends.

This account is effectively a no-hoops saver: there are no bonus conditions recorded for the current rate.

Note: The introductory rate of 5.00% p.a. applies for 3 months only. After that it drops to the ongoing rate of 1.00% p.a., which is below most competitive savings accounts. Consider comparing ongoing rates before committing.