Competitive savings deals from Newcastle Building Society

Release Date: 24 September 

Newcastle Building Society has launched high street best buy one and two year ISA and bond products, and increased the rate on its easy access Newcastle Community Saver account to 1.00%. 

Its two year ISA and bond are both high street best buys at a gross annual rate of 1.65% AER fixed until maturity in November 2020.  A one year fixed rate ISA and bond are available at a gross annual rate of 1.45% AER, fixed until maturity in November 2019. 

The Newcastle Community Saver easy access account can be opened with just £1, and pays 1.00%.  The account also pays a charitable donation of 0.05% to the Newcastle Community Fund at the Community Foundation made by the Society to assist communities across the North East.

Products are available online at www.newcastle.co.uk and in any of the Society’s branches, bonds and ISAs with a minimum opening deposit of £500, and a maximum account balance of £250,000.  The bond cannot be accessed during the period, the ISAs have a 90 and 120 day access penalty.