Online Accounts Login

Retirement Planning - Will Writing Service

If you don't make a will, you could be leaving someone out. 25% off our expert will writing service.

More

Back to savings homepage

Closed Account Interest Rates

Interest rates as of 2nd January 2009 (unless otherwise indicated).

View our current accounts interest rates

View the previous rates of these accounts

Newcastle ISA+
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£3,000+ 3.00% N/A 3.00%
£1 - £2,999 2.50% N/A 2.50%

Savings interest rate that is guaranteed to be no less than 0.5% above the Bank of England base rate on balances of £3,000 or more until 18/06/2009. This account is subject to ISA subscription limits.

Top of page

60 Day Saver (Issue 1)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£500 - £1,000,000 1.00% 0.80% 1.00%
Monthly Interest
£5,000 - £1,000,000 0.75% 0.60% 0.75%

Top of page

60 Day Saver (Issue 2)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£500 - £1,000,000 1.75% 1.40% 1.75%
Monthly Interest
£5,000 - £1,000,000 1.50% 1.20% 1.51%

Withdrawals subject to 60 days loss of interest.

Top of page

60 Day Saver ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£500 - £1,000,000 0.85% N/A 0.85%

Top of page

Variable Online ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £1,000,000 2.10% N/A 2.10%

This account is subject to ISA subscription limits.

Top of page

Savings Account (Formerly AMP Saving Account)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£25,000 - £250,000 0.95% 0.76% 0.95%
£10,000 - £24,999 0.65% 0.52% 0.65%
£5,000 - £9,999 0.50% 0.40% 0.50%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%

Rate shown excludes a bonus of 0.50% added to the account, if at least two deposits have been made (which when combined amount to at least £300) and no withdrawals have been made in the 12 months up to, and including 20th March each year. This amount will be included in the annual interest that is paid on 31st March.

Top of page

NewcastleNet Bonus Account (1)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1,000 - £1,000,000 2.20% 1.76% 2.20%
Monthly Interest
£1,000 - £1,000,000 2.05% 1.64% 2.07%

Top of page

NewcastleNet Savings Account (Issue 1 & 2)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£10,000 - £500,000 2.09% 1.67% 2.09%
£1,000 - £9,999 1.94% 1.55% 1.94%
Monthly Interest
£10,000 - £500,000 1.94% 1.55% 1.96%
£1,000 - £9,999 1.79% 1.43% 1.80%

Rate effective 2 January 2009.

Top of page

NewcastleNet Savings Account (Issue 3)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £1,000,000 2.09% 1.67% 2.09%
Monthly Interest
£1,000 - £1,000,000 1.94% 1.55% 1.96%

This product is available exclusively via the internet. Monthly interest available on balances of £1,000 or more. Rate effective 2 January 2009.

Top of page

NewcastleNet Savings Account (Issue 4)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £1,000,000 2.34% 1.87% 2.34%
Monthly Interest
£1,000 - £1,000,000 2.19% 1.75% 2.21%

This product is available exclusively via the internet. Interest is paid annually to your account or monthly. Monthly interest is available on balances of £1,000 or more subject to 0.15% reduction in rate. Any monthly interest you receive will be paid to your nominated bank account. Rate effective 2 January 2009.

Top of page

NewcastleNet Savings Account (Issue 5)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £1,000,000 2.34% 1.87% 2.34%
Monthly Interest
£1,000 - £1,000,000 2.19% 1.75% 2.21%

This product is available exclusively via the internet. Interest is paid annually to your account or monthly. Monthly interest is available on balances of £1,000 or more subject to 0.15% reduction in rate. Any monthly interest you receive will be paid to your nominated bank account. Rate effective 2 January 2009.

Top of page

NewcastleNet Savings (Issue 6) / NewcastleNet Savings & Shares
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £1,000,000 2.34% 1.87% 2.34%
Monthly Interest
£1 - £1,000,000 2.19% 1.75% 2.21%

This product is available exclusively via the Internet. Rate effective 2 January 2009.

Top of page

Notice+
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£15,000 - £1,000,000 2.90% 2.32% 2.50%
£1 - £14,999 2.60% 2.08% 2.20%
Monthly Interest
£15,000 - £1,000,000 2.65% 2.12% 2.27%
£1 - £14,999 2.35% 1.88% 1.97%

Gross rates include a bonus of 0.40% payable until 20th April 2009

Top of page

Direct 50
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£100,000 - £300,000 1.35% 1.08% 1.35%
Monthly Interest
£100,000 - £300,000 1.10% 0.88% 1.11%

The interest rate is guaranteed to be equal to the Bank of England Base Rate until 5 April 2010.

Top of page

Direct 60
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£200,000 - £500,000 1.90% 1.52% 1.90%
£100,000 - £199,999 1.75% 1.40% 1.75%
£75,000 - £99,999 1.65% 1.32% 1.65%
Monthly Interest
£200,000 - £500,000 1.65% 1.32% 1.66%
£100,000 - £199,999 1.50% 1.20% 1.51%
£75,000 - £99,999 1.40% 1.12% 1.41%

Top of page

Nova 50
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000 - £300,000 1.30% 1.04% 1.30%
Monthly Interest
£50,000 - £300,000 1.05% 0.84% 1.06%

Top of page

Nova Plus / Nova Gross / No Notice Deposit Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000 - £300,000 0.35% 0.28% 0.35%
£10,000 - £49,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%
Monthly Interest
£50,000 - £300,000 0.35% 0.28% 0.35%
£10,000 - £49,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%

Including closed issues transferred on maturity, net rates do not apply to Nova Gross.

Top of page

High / Extra High Interest Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000 - £300,000 0.60% 0.48% 0.60%
£250 - £49,999 0.60% 0.48% 0.60%

Monthly interest available on balances of £5,000 or more.

Top of page

Newcastle Notice
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000+ 1.10% 0.88% 1.10%
£10,000 - £49,999 0.35% 0.28% 0.35%
£5,000 - £9,999 0.10% 0.08% 0.10%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%
Monthly Interest
£50,000+ 0.85% 0.68% 0.85%
£10,000 - £49,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%

Formally Nova Star (Issue 9).

Top of page

Nova Super Feeder (S.A.Y.E. Feeder Account)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£5,000 - £300,000 0.25% 0.20% 0.25%

Top of page

Portfolio Plus
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£10,000 - £300,000 1.10% 0.88% 1.10%
£1,000 - £9,999 0.60% 0.48% 0.60%
£1 - £999 0.45% 0.36% 0.45%
Monthly Interest
£10,000 - £300,000 0.85% 0.68% 0.85%
£1 - £9,999 0.35% 0.28% 0.35%

Top of page

Nova Feeder (S.A.Y.E. Feeder Account)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £1,200 0.10% 0.08% 0.10%

Top of page

Small Savers Account / Small Savers Deposit Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £999 0.10% 0.08% 0.10%

Top of page

Club Account / Club Deposit Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000 - £99,999 0.10% 0.08% 0.10%
£1 - £49,999 0.10% 0.08% 0.10%

Monthly interest available on balances of £5,000 or more. This product was only available to charities, clubs and associations.

Top of page

Nova Choice
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000 - £100,000 1.50% 1.20% 0.65%
£25,000 - £49,999 1.30% 1.04% 0.45%
£1,000 - £24,999 1.15% 0.92% 0.30%
Monthly Interest
£50,000 - £100,000 1.25% 1.00% 0.40%
£25,000 - £49,999 1.05% 0.84% 0.20%
£1,000 - £24,999 0.90% 0.72% 0.05%

This account is only available to customers with maturing accounts. 0.85% rate reduction for more than 2 withdrawals between 1st December and 30th November each year.

Top of page

Base Rate Plus Bond (Issue 1)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£10,000 - £500,000 2.01% 1.61% 2.01%
Monthly Interest
£10,000 - £500,000 2.01% 1.61% 2.03%

Top of page

Nova Select III (Exclusive to agent network)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£25,000 - £300,000 0.60% 0.48% 0.60%
£1,000 - £24,999 0.50% 0.40% 0.50%
Monthly Interest
£25,000 - £300,000 0.35% 0.28% 0.35%
£1,000 - £24,999 0.25% 0.20% 0.25%

Top of page

Golden Imperial
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £9,000 0.15% 0.12% 0.15%

Top of page

TESSA Only ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £9,000 1.40% N/A 1.40%

This account is only available to customers with a matured TESSA account. 0.85% rate reduction for more than 2 withdrawals per tax year.

Top of page


ACCOUNTS FORMERLY AVAILABLE AS UNIVERSAL BUILDING SOCIETY ACCOUNTS


5 Year TESSA ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1,000 minimum 1.45% N/A 1.45%

Rates above effective after 5 years.

Top of page

3 Year TESSA ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1,000 minimum 1.40% N/A 1.40%

Rates above effective after 3 years.

Top of page

Cash ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 1.25% N/A 1.25%

Top of page

Bonus Plus
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1,000+ 1.95% 1.56% 1.95%
£1 - £999 0.10% 0.08% 0.10%
Annual Interest (Excluding Bonus)
£1,000+ 1.70% 1.36% 1.71%
£1 - £999 0.10% 0.08% 0.10%

Top of page

Future Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£10 - £300,000 1.90% 1.52% 1.90%

Top of page

80 Day Notice Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000+ 0.45% 0.36% 0.45%
£25,000 - £49,999 0.20% 0.16% 0.20%
£10,000 - £24,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£1,000 - £4,999 0.10% 0.08% 0.10%
£1 - £999 0.10% 0.08% 0.10%
Monthly Interest
£50,000 - £300,000 0.10% 0.08% 0.10%
£25,000 - £49,999 0.10% 0.08% 0.10%
£10,000 - £24,999 0.10% 0.08% 0.10%

Top of page

60 Day Notice Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£100,000+ 0.20% 0.16% 0.20%
£50,000 - £99,999 0.10% 0.08% 0.10%
£25,000 - £49,999 0.10% 0.08% 0.10%
£10,000 - £24,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%
Monthly Interest
£100,000+ 0.10% 0.08% 0.10%
£50,000 - £99,999 0.10% 0.08% 0.10%
£25,000 - £49,999 0.10% 0.08% 0.10%
£10,000 - £24,999 0.10% 0.08% 0.10%

Top of page

Regular Saver Plus
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 2.10% 1.68% 0.10%

Gross rate includes a bonus of 2.00% paid annually on anniversary of account opening.

Top of page

Money Spinner Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£10,000+ 0.20% 0.16% 0.20%
£5,000 - £9,999 0.10% 0.08% 0.10%
£2,500 - £4,999 0.10% 0.08% 0.10%
£100 - £2,499 0.10% 0.08% 0.10%

Top of page

Young Money Spinner Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£10+ 0.25% 0.20% 0.25%

Top of page

Young Saver
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 0.10% 0.08% 0.10%

Top of page

Money Master Min Opening Balance £10
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£20,000+ 0.10% 0.08% 0.10%
£10,000 - £19,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£250 - £4,999 0.10% 0.08% 0.10%
£1 - £249 0.10% 0.08% 0.10%

Top of page

Matured TESSA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 0.10% N/A 0.10%

Top of page

TESSA Interest
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 1.05% N/A 1.05%

Top of page

Trustee Deposit Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£5,000+ 0.10% 0.08% 0.10%
£1 - £4,999 0.10% 0.08% 0.10%

Top of page

Treasurers Trustee Deposit Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£5,000+ 0.10% 0.08% 0.10%
£1 - £4,999 0.10% 0.08% 0.10%

Top of page

Client Deposit Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 0.10% 0.08% 0.10%

Top of page

Prime Time Over 50s Only
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£5,000+ 1.95% 1.56% 1.95%
£1 - £4,999 1.95% 1.56% 1.95%
Monthly Interest
£5,000+ 1.70% 1.36% 1.71%
£1 - £4,999 1.70% 1.36% 1.71%

Top of page

Portfolio Plus (Excluding bonus)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£3,000+ 0.55% 0.44% 0.55%

Top of page

Secure Savings Bond Options 1 & 2
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 1.50% 1.20% 1.50%
Monthly Interest
£1+ 1.35% 1.08% 1.36%

Top of page

90 Day Notice Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000+ 0.30% 0.24% 0.30%
£25,000 - £49,999 0.10% 0.08% 0.10%
£10,000 - £24,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%
Monthly Interest
£50,000+ 0.10% 0.08% 0.10%
£25,000 - £49,999 0.10% 0.08% 0.10%
£10,000 - £24,999 0.10% 0.08% 0.10%
£5,000 - £9,999 0.10% 0.08% 0.10%
£500 - £4,999 0.10% 0.08% 0.10%
£1 - £499 0.10% 0.08% 0.10%

Top of page

50 Day Notice Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£50,000 - £99,999 0.10% 0.08% 0.10%
£10,000 - £49,999 0.10% 0.08% 0.10%
£1,000 - £9,999 0.10% 0.08% 0.10%
£1 - £999 0.10% 0.08% 0.10%
Monthly Interest
£50,000 - £99,999 0.10% 0.08% 0.10%
£10,000 - £49,999 0.10% 0.08% 0.10%
£1,000 - £9,999 0.10% 0.08% 0.10%
£1 - £999 0.10% 0.08% 0.10%

Top of page

TESSA only ISA
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 1.40% N/A 1.40%

Top of page

Regular Savings/Reward Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 0.45% 0.36% 0.45%

Top of page

Portfolio Investment Easy Access Account
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 0.10% 0.08% 0.10%

Top of page

Direct Tracker (Issue 1)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1+ 2.00% 1.60% 2.00%

Top of page

Tracker Two (Under £1,000)
Account Type Gross Rate % Net Rate % AER %
Annual Interest
£1 - £999 0.50% 0.40% 0.50%

Top of page

"Gross" interest is the contractual rate of interest payable before the deduction of income tax. "AER" stands for the Annual Equivalent Rate, a notional rate which illustrates what the interest rate would be if paid and compounded on an annual basis.