Current Accounts Interest Rates
Interest rates as of 3rd April 2009 (unless otherwise indicated).
You can also view our closed accounts interest rates
View the previous rates of these accounts
Newcastle Reward Saver
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £500 - £1,000,000 |
2.75% |
2.20% |
2.75% |
| Monthly Interest |
|
|
|
| £5,000 - £1,000,000 |
2.66% |
2.13% |
2.69% |
Gross rate includes a 1.00% bonus for the first 12 months from account opening.
Rate effective 30 April 2010.
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Newcastle Reward ISA
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £500 + |
2.75% |
N/A |
2.75% |
Gross rate includes a 1.00% bonus for the first 12 months from account opening. Subject to usual ISA limits. Rate effective 30 April 2010.
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30 Day ISA
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1+ |
0.40% |
N/A |
0.40% |
This account is subject to ISA subscription limits.
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NewcastleNet (Issue 7)
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £250 - £250,000 |
1.84% |
1.47% |
1.84% |
| Monthly Interest |
|
|
|
| £250 - £250,000 |
1.69% |
1.35% |
1.70% |
This product is available exclusively via the Internet. Rate effective 3 April 2009.
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Nova Plus Account (Issue 3)
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £50,000 - £300,000 |
0.01% |
0.01% |
0.01% |
| £10,000 - £49,999 |
0.01% |
0.01% |
0.01% |
| £5,000 - £9,999 |
0.01% |
0.01% |
0.01% |
| £500 - £4,999 |
0.01% |
0.01% |
0.01% |
| £1 - £499 |
0.01% |
0.01% |
0.01% |
| Monthly Interest |
|
|
|
| £50,000 - £300,000 |
0.01% |
0.01% |
0.01% |
| £10,000 - £49,999 |
0.01% |
0.01% |
0.01% |
| £5,000 - £9,999 |
0.01% |
0.01% |
0.01% |
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Nova Star (Issue 10)
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £10,000 - £300,000 |
0.10% |
0.08% |
0.10% |
| £5,000 - £9,999 |
0.01% |
0.01% |
0.01% |
| £1,000 - £4,999 |
0.01% |
0.01% |
0.01% |
| Monthly Interest |
|
|
|
| £10,000 - £300,000 |
0.10% |
0.08% |
0.10% |
| £5,000 - £9,999 |
0.01% |
0.01% |
0.01% |
If the account falls below £1,000 Nova Plus terms & conditions will apply. Monthly interest available on balances of £5,000 or more.
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Nova 18 Savings Account
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 - £10,000 |
0.10% |
0.08% |
0.10% |
Account holder must be under 18 years of age at the time of opening a Nova 18 Savings Account.
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Childrens Regular Saver
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 - £1,000,000 |
2.10% |
1.68% |
0.10% |
Gross rate includes a conditional bonus of 2.00% paid annually on anniversary of account opening. Should you make 7 or more withdrawals then Nova Plus (Issue 3) rates will apply.
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Nova Access Direct
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £50,000 - £500,000 |
0.90% |
0.72% |
0.90% |
| £25,000 - £49,999 |
0.90% |
0.72% |
0.90% |
| £10,000 - £24,999 |
0.90% |
0.72% |
0.90% |
| Monthly Interest |
|
|
|
| £50,000 - £500,000 |
0.90% |
0.72% |
0.90% |
| £25,000 - £49,999 |
0.90% |
0.72% |
0.90% |
| £10,000 - £24,999 |
0.90% |
0.72% |
0.90% |
This account is only available through our Customer Contact Centre. 0.85% rate reduction for more than 2 withdrawals between 1st December and 30th November each year. If the account falls below £10,000, the Nova Plus terms and conditions will apply.
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Nova ISA Direct
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £100 + |
0.86% |
N/A |
0.10% |
This account is only available through our Customer Contact Centre. 0.85% rate reduction for more than 2 withdrawals per tax year. This account is subject to ISA subscription limits.
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Nova ISA
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 + |
0.30% |
N/A |
0.30% |
This account is subject to ISA subscription limits.
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Key Account / Save & Care Account
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £50,000 - £300,000 |
0.35% |
0.28% |
0.35% |
| £10,000 - £49,999 |
0.35% |
0.28% |
0.35% |
| £5,000 - £9,999 |
0.35% |
0.28% |
0.35% |
| £500 - £4,999 |
0.35% |
0.28% |
0.35% |
| £1 - £499 |
0.35% |
0.28% |
0.35% |
| Monthly Interest |
|
|
|
| £50,000 - £300,000 |
0.35% |
0.28% |
0.35% |
| £10,000 - £49,999 |
0.35% |
0.28% |
0.35% |
| £5,000 - £9,999 |
0.35% |
0.28% |
0.35% |
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Monthly Saver Account
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £10 - £1,000,000 |
2.10% |
1.68% |
0.10% |
Gross rate includes a conditional bonus of 2.00% paid annually on anniversary of account opening. Should you make 2 or more withdrawals then Nova Plus (Issue 3) rates will apply.
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Newcastle 55
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 - £1,000,000 |
0.50% |
0.40% |
0.50% |
| Monthly Interest |
|
|
|
| £10,000 - £300,000 |
0.25% |
0.20% |
0.25% |
This product is only available to customers aged 55 and over. The interest rate is guaranteed to be equal to the Bank of England Base Rate until 5th April 2010. Effective 6th February 2009.
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Newcastle 55 (Cash ISA)
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 + |
0.50% |
N/A |
0.50% |
This product is only available to customers aged 55 and over. The interest rate is guaranteed to be equal to the Bank of England Base Rate until 5th April 2010. Effective 6th February 2009. This account is subject to ISA subscription limits.
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Family Saver Plus
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 - £1,000,000 |
0.75% |
0.60% |
0.50% |
| Monthly Interest |
|
|
|
| £1,000 - £1,000,000 |
0.50% |
0.40% |
0.25% |
Gross rate includes a 0.25% bonus for the first 6 months.
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Family Saver Plus ISA
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 + |
0.75% |
N/A |
0.50% |
Gross rate includes a 0.25% bonus for the first 6 months. This account is subject to ISA subscription limits.
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Maturity + (Issue 2)
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 - £1,000,000 |
1.50% |
1.20% |
1.50% |
| £1,000 - £1,000,000 |
1.25% |
1.00% |
1.26% |
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Maturity + (Issue 2) Cash ISA
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1+ |
1.50% |
N/A |
1.50% |
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Equiniti Savings Account
| Account Type |
Gross Rate % |
Net Rate % |
AER % |
| Annual Interest |
|
|
|
| £1 - £2,000,000 |
1.20% |
0.96% |
1.20% |
Gross rate includes a 0.95% bonus for the first 12 months. This account is only available through Equiniti Savings directly.
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"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.
