The Sir Bobby Robson Foundation Account

The Society is delighted to team up with the Sir Bobby Robson Foundation to offer you both The Sir Bobby Robson Foundation ISA and Saver (Issue 5).

The Sir Bobby Robson Foundation Accounts not only pay a competitive variable rate of up to 1.25% Gross*/AER** and allow easy access withdrawals at any time, but also pays an additional 0.10% on all balances held in the accounts to the Sir Bobby Robson Foundation. Please see below for full details.

You can open your account with a minimum investment of only £1 so it’s easy to get started. The ISA version also allows you to transfer previous year’s ISA subscriptions from other providers.

So far, we've been able to donate an incredible amount of just over £500, 000 to the Sir Bobby Robson Foundation, which was gratefully received by Sir Bobby's widow, Lady Elsie Robson on behalf of the Foundation. Lady Elsie said:

“I’m extremely grateful to the Newcastle Building Society and its members for their wonderful support. We share the Newcastle’s hopes that this will be a long-standing partnership and one which can help the Foundation continue its important work for a long time to come.”

The Sir Bobby Robson Foundation funds projects within the Newcastle upon Tyne Hospitals NHS Foundation Trust. As well as benefiting cancer patients from across the North East and Cumbria it also significantly contributes to the global fight against the disease. The Foundation’s work includes the clinical trials of drugs at the Sir Bobby Robson Cancer Trials Research Centre at the Northern Centre for Cancer Care in Newcastle.

The charity has equipped the Sir Bobby Robson Cancer Trials Research Centre and funded a specialist clinical research nurse and research doctor within the Centre.

More than 1,000 patients have been treated on clinical trials since the Sir Bobby Centre opened in February 2009 and an additional 1,000 patients have been enrolled in other research studies, studying the biology and genetics of cancer to help develop and improve treatments.

Sir Bobby Robson Foundation Saver (Issue 5)

up to 1.25%
GROSS/AER*
  • An attractive variable rate of interest.
  • Invest from only £1
  • Maximum Investment: £250,000
  • Withdrawals are permitted penalty free and without notice.
  • The Society will pay an additional 0.10% on all balances held in this account to the Sir Bobby Robson Foundation.
 Show Details & Apply Hide Details
General Savings Terms and Conditions - We strongly recommend you print and retain a copy. Savings Guide - a helpful guide to show you what you can do with your new accountNeed more assistance? Speak to an advisor on 0845 600 4368

Summary Box - Key Product Information for our Savings Account

Account Name Sir Bobby Robson Foundation Saver (Issue 5)
Interest Rates
Annual (Variable)
1.25% Gross/AER*
Monthly (Variable)
1.00% Gross*/1.01% AER*
Tax Status Interest will be paid after the deduction of income tax at the appropriate rate unless you request otherwise.
Conditions for bonus payment No bonus is applicable.
Withdrawal arrangements Penalty free and without notice.
Access By branch, post or online.
  Additional Information
Annual Interest Payment Annually on Account Anniversary.
Monthly Interest Payment Monthly Anniversary of Account opening.
Minimum Balance £1
Maximum Balance £250,000

Product Special Conditions

The Newcastle's General Savings 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 variable rate account.
  2. The Account can be operated in branch, by post, or online. You will continue to operate your account in the manner in which it was opened.
  3. The minimum investment in the Account is £1 the maximum is £250,000.
  4. The account can be held in single or joint names.
  5. After placing your Investment in the Account you may make unlimited further deposits or withdrawals subject to the minimum and maximum balances.
  6. Withdrawals can be made without notice or penalty.
  7. The Account is a limited issue and may be withdrawn to new applicants at any time and at short notice.
  8. Interest is calculated daily and can be paid annually or monthly to your account, to another account with the Newcastle or to a third party bank or building society account.
  9. 'Account Anniversary' means twelve months from account opening and each subsequent twelve month period, for the annual interest payment. '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.
  10. Should the Anniversary 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.
  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. The Society will pay 0.10% of the average balance held in all Sir Bobby Robson Foundation Savers at the end of each month, to the Sir Bobby Robson Foundation annually. For illustrative purposes this translates as £10 per £10,000 invested each year.
  13. Details are correct as at 20th August 2013.

The Sir Bobby Robson Foundation Newcastle upon Tyne Hospitals NHS Charity (Reg. 1057213).

Sir Bobby Robson Foundation ISA (Issue 5)

up to 1.25%
GROSS/AER*
  • An attractive variable rate of interest.
  • Invest from only £1; transfers from other ISA providers are also permitted.
  • Withdrawals are permitted penalty free and without notice.
  • The Society will pay an additional 0.10% on all balances held in this account to the Sir Bobby Robson Foundation.
 Show Details & Apply Hide Details

Important Information:
Remember, once you've reached your tax free savings limit, you cannot put any more money into your account - even if you've withdrawn funds during the year.

General Savings Terms and Conditions - We strongly recommend you print and retain a copy. Savings Guide - a helpful guide to show you what you can do with your new accountNeed more assistance? Speak to an advisor on 0845 600 4368

Summary Box - Key Product Information for our Savings Account

Account Name Sir Bobby Robson Foundation ISA (Issue 5)
Interest Rates
Annual (Variable)
1.25% Gross/AER*
Monthly (Variable)
1.00% Gross*/1.01% AER*
Tax Status Interest will be paid Gross*.
Conditions for bonus payment No bonus is applicable.
Withdrawal arrangements Penalty free without notice.
Access By branch, by post or online.
  Additional Information
Annual Interest Payment Annually on Account Anniversary.
Monthly Interest Payment Monthly Anniversary of Account opening.
Minimum Balance £1
Maximum Balance Allowance for current tax year.
Transfers from other ISA providers are also permitted.

Product Special Conditions

The Newcastle's General Savings 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 variable rate account.
  2. The Account can be operated in branch, by post or online. You will continue to operate your account in the manner in which it was opened.
  3. The Account can be held in a single name only.
  4. After placing your Investment in the Account you may make unlimited further deposits or withdrawals subject to the minimum and maximum balances and withdrawal terms shown above.
  5. The Account is a limited issue and may be withdrawn to new applicants at any time and at short notice.
  6. Interest is calculated daily and is paid on the Account Annual Anniversary or monthly Anniversary.
  7. 'Account Anniversary' means twelve months from account opening and each subsequent twelve month period, for the annual interest payment. '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.
  8. Should the Anniversary 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.
  9. 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.
  10. Interest can be paid to your account, or to a third party bank or building society account.
  11. You must be aged 16 or over to open this account.
  12. The Society will pay 0.10% of the average balance held in all Sir Bobby Robson Foundation ISA’s at the end of each month, to the Sir Bobby Robson Foundation annually. For illustrative purposes this translates as £10 per £10,000 invested each year.
  13. Details are correct as at 20th August 2013.

The Sir Bobby Robson Foundation Newcastle upon Tyne Hospitals NHS Charity (Reg. 1057213).

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