Newcastle Building Society - Home

We're sorry, but our website is not compatible with the browser you are using.

To get the best experience we would strongly advise using a more recent and compatible browser such as Google Chrome, Mozilla Firefox, Microsoft Edge or iOS Safari.

Newcastle Triple Access Saver (Issue 2)

Rate

Including bonus

1.50 %
Gross PA/AER

Gross interest is the contractual rate of interest, without the deduction of 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. It is your responsibility to pay any tax due, based on your individual circumstances.

Excluding bonus

0.75 %
Gross PA/AER

Gross interest is the contractual rate of interest, without the deduction of 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. It is your responsibility to pay any tax due, based on your individual circumstances.

  • Open with: £1
  • 3 withdrawals permitted each anniversary year
  • 0.75% Gross pa*/AER** will be paid upon making 4 or more withdrawals
  • Invest up to: £250,000 (plus any resulting interest)
  • Apply online or in branch

Summary information

Account Name

Newcastle Triple Access Saver (Issue 2)

What is the interest rate?

Gross interest is the contractual rate of interest, without the deduction of 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. It is your responsibility to pay any tax due, based on your individual circumstances.

3 withdrawals or less (in each Annual Anniversary period)

Annual (Variable) 1.50% gross pa/AER
Interest is paid on: Annual anniversary of account opening.

Upon 4th withdrawal (in each Annual Anniversary period)

Annual (Variable) 0.75% gross pa/AER
Interest is paid on: Annual anniversary of account opening.

Can Newcastle Building Society change the interest rate?

We can change the rate of interest payable on this account. The account is a variable rate account which means that the rate of interest paid may change throughout the lifetime of the account. Please refer to section 3 of the Savings General Terms & Conditions which sets out the reasons for which Newcastle Building Society may change the interest and the procedure for doing so.

What would the estimated balance be after 12 months of account opening based on a £1,000 deposit?

No withdrawals (Variable)
£1,015

Please note: This projection is based on an initial £1,000 Deposit and no further Deposits or withdrawals are made.

4 withdrawals made (Variable)
£969

Please note: This projection is based on an initial £1,000 deposit, 4 withdrawals of £10 are made at the end of months 1, 2, 3 and 4, and no further withdrawals made following this in the first 12 months from the account opening date.

How do I open and manage my account?

Opening your account
In branch or online. For existing online customers you can log into your Newcastle Building Society account online.

Giving us instructions for your account
In branch, by post, by telephone, by secure message (for accounts opened and operated online).

Minimum Opening Deposit: £1

Maximum Opening Deposit: £250,000

Maximum Account Balance: £250,000 (plus any resulting interest)

Can I withdraw money?

Withdrawals/transfers can be made and are limited to 3 per Annual Anniversary period to qualify for the ‘3 withdrawals or less’ rate. If 4 or more withdrawals are made from the account per Annual Anniversary period, you will be paid the ‘Upon 4th withdrawal’ interest rate until the day before your Annual Anniversary date. The number of withdrawals limit is reset on the account Annual Anniversary date each year.

Additional Information

Tax status: Interest will be paid gross which means no tax is deducted. It is your responsibility to pay any tax due, based on your individual circumstances

Ways to apply

Online

It will only take a few minutes to complete your application online.

Apply for a new account

In branch

Visit your local branch. If you’d like to open an account in-branch, you may need to arrange an appointment. Before visiting, please call ahead.