Cash ISAs

The Newcastle's Savings General Terms & Conditions will apply unless they are inconsistent with these Special Conditions, effective from the date of the account opening.

1. The Account is a fixed rate account.
2. The Account can be operated in branch, by post or online.
3. The minimum investment in the Account is £500. The maximum investment is your allowance for the current tax year. Transfers of previous and current years ISA subscriptions from other cash ISA's are also permitted.
4. The Account can be held in a single name only.
5. After placing your Investment in the Account you may make further deposits while the Account is a current issue, ISA limits apply. The Account is a limited issue and may be withdrawn at any time. We will not inform you when the Account becomes a closed issue. The Account is therefore not suitable for regular investments.
6. Withdrawals can be made subject to 30 days loss of interest. If sufficient interest has not been earned then the penalty will be taken from your capital. For the avoidance of doubt closure of the Account or transfers to another account with the Society or to another provider are classed as withdrawals
7. On maturity the Account will automatically transfer to the Newcastle’s designated Maturity Account. We will write to you at least 21 days prior to maturity to advise you of the Terms and Conditions of your new Account. Whilst we cannot guarantee what the rate on the Maturity Account will be at this time, we can confirm that the access terms will be no more onerous and the term will be no more than three months longer than this Account.
8. Following the day of maturity you have 28 days in which to withdraw funds penalty free, thereafter the Maturity Account Terms & Conditions will apply.
9. Interest is calculated daily and is paid on Maturity (24 April 2014) or monthly.
10. Should the final day of a calendar month be a business day then any monthly interest paid to a third party will be paid on that day. Otherwise it will be paid on the following business day. Any final monthly interest due on maturity will be credited to the Account.
11. If any monthly interest payable is less than £1, it will not be paid away to a third party bank or building society. The amount due will be accrued on the account and will be paid once the cumulative interest earned is greater than £1, on the last business day of the following month.
12. Interest can be paid to your Account, or to a third party bank or building society account.
13. Should the balance held in the Account fall below the Minimum Balance stated above, interest will be paid at a rate of 0.10% Gross*/AER**
14. Details are correct as at 11 March 2013.

The Newcastle's Savings General Terms & Conditions will apply unless they are inconsistent with these Special Conditions, effective from the date of the account opening.

1. The Account is a fixed rate account.
2. The Account can be operated in branch, by post or online.
3. The minimum investment in the Account is £500. The maximum investment is your allowance for the current tax year. Transfers of previous and current years ISA subscriptions from other cash ISA's are also permitted.
4. The Account can be held in a single name only.
5. After placing your Investment in the Account you may make further deposits while the Account is a current issue, ISA limits apply. The Account is a limited issue and may be withdrawn at any time. We will not inform you when the Account becomes a closed issue. The Account is therefore not suitable for regular investments.
6. Withdrawals can be made subject to 60 days notice or loss of interest. If insufficient interest has not been earned then the penalty will be taken from your capital. For the avoidance of doubt closure of the Account or transfers to another account with the Society or to another provider are classed as withdrawals.
7. On maturity the Account will automatically transfer to the Newcastle’s designated Maturity Account. We will write to you at least 21 days prior to maturity to advise you of the Terms and Conditions of your new Account. Whilst we cannot guarantee what the rate on the Maturity Account will be at this time, we can confirm that the access terms will be no more onerous and the term will be no more than three months longer than this Account.
8. Following the day of maturity you have 28 days in which to withdraw funds penalty free, thereafter the Maturity Account Terms & Conditions will apply.
9. Interest is calculated daily and is paid on 24 April 2014 and on maturity (24 April 2015) or monthly.
10. Should the final day of a calendar month be a business day then any monthly interest paid to a third party will be paid on that day. Otherwise it will be paid on the following business day. Any final monthly interest due on maturity will be credited to the Account.
11. If any monthly interest payable is less than £1, it will not be paid away to a third party bank or building society. The amount due will be accrued on the account and will be paid once the cumulative interest earned is greater than £1, on the last business day of the following month.
12. Interest can be paid to your Account or to a third party bank or building society account.
13. Should the balance held in the Account fall below the minimum balance stated above, interest will be paid at a rate of 0.10% Gross*/AER**
14. Details are correct as at 11 March 2013.

The Newcastle's Savings General Terms & Conditions will apply unless they are inconsistent with these Special Conditions, effective from the date of the Account opening.

1. The Account can be held in a single name only.
2. The minimum initial investment in the Account is £1 the maximum is £500. The maximum investment in one tax year is your allowance for that tax year. ISA transfers in are not permitted.
3. The Account can be operated in branch, by telephone, by post or online.
4. After placing your Investment in the Account you may make further Deposits. There is no limit to the number of Investments you can make in any one month; however the total value must not exceed £500 and the maximum ISA limit for the current tax year.
5. If you save £5,000 to £9,999.99 in this account and a mortgage is completed with the Society, we will pay you a £500 bonus via cheque on upon completion of your mortgage. If you save £10,000 or more and a mortgage is completed with the Society we will pay you a £1,000 bonus via cheque upon completion of your mortgage.
6. This savings account does not guarantee you will be approved for a mortgage with the Society. To take a mortgage with the Society you will need to meet our standard lending criteria we will carry out credit checks and may obtain references to check your financial circumstances
7. When you have saved your deposit you may choose a mortgage product from our current range available at that time. The offer of any mortgage product will be subject to meeting the terms and conditions of the product. If for any reason you are unable to proceed with a mortgage a cash reward will not be paid.
8. Only one bonus is payable per mortgage taken. If two or more Newcastle Big Home Savers/ISA’s are used to provide for the deposit for a house purchase, the bonus will be split equally between the account holders. If two Newcastle Big Home Savers/ ISA’s are used together for a mortgage deposit the bonus will paid based on the value of both accounts together.
9. You must hold the Newcastle Big Home Saver for at least 12 months in order to receive a cash back payment on the completion of a mortgage.
10. Interest is calculated daily and credited to the Account on each Monthly Anniversary.
11. ‘Monthly Anniversary’ is taken from the date of Account opening. For example if the Account is opened on the 27th January, the Monthly Anniversary is the 27th of each subsequent month.
12. The bonus on your Account is variable.
13. The bonus on your Account will be paid as long as you make at least one Deposit and make no withdrawals in each Bonus Qualifying Period
14. A Bonus Qualifying Period is classed as the time between each Monthly Anniversary (for example if your account was opened 27th January 2011, the first Bonus Qualifying Period would be 27th January 2011 to 26th February 2011, the second would be 27th February 2011 to 26th March 2011 etc). If your Monthly Anniversary does not exist in a particular month the Monthly Anniversary date will be the final day of the month. For example if you open your account on 31st January 2011, your first Bonus Qualifying Period will end on 28th February 2011
15. A ‘Deposit;’ is defined as a minimum investment of £1.
16. Withdrawals are available without notice or penalty.
17. If you do not make an investment or make a withdrawal during a Bonus Qualifying Period, your account will be credited with the non-bonus interest rate, currently 1.98% Gross* / 2.00% AER** (variable), in that month
18. Details correct at 20th March 2012.