Newcastle Two Year Fixed Rate Bond (Issue 39)

Are you looking for a savings account with a fixed rate of interest? Invest between £500 and £250,000 in our two year fixed rate bond and enjoy a fixed rate for two years. You can apply in branch or online.

Up to 1.70% GROSS/AER*
How to apply

Summary Information

Summary box
Account Name Newcastle Two Year Fixed Rate Bond (Issue 39)
What is the interest rate?

Annual Gross*/AER**

1.70%/1.70% (Fixed until 26th July 2021)

Interest is paid on: 26th July 2019, 26th July 2020 and 26th July 2021

Monthly Gross*/AER**

1.69%/1.70% (Fixed until 26th July 2021)

Interest is paid on: Last business day of month

Can Newcastle Building Society change the interest rate? The interest rate for this account is fixed and will not change until the maturity date (26th July 2021).  Please refer to point 3 of the Product Special Conditions for further details.
What would the estimated balance be on the maturity date (26th July 2021), based on a £1,000 deposit? Annual (Fixed)
£1,038
Monthly (Fixed)
£1,038
Please note: This projection is provided for illustrative purposes only and does not take into account customer's individual circumstances.  This projection is based on an initial £1,000 deposit and no further deposits or withdrawals are made.
How do I open and manage my account? Opening your account
In branch or online. For existing customers you can also log in to your Newcastle Building Society account online.
Giving us instructions for your account
In branch, by post, by telephone, online or by secure message (for accounts opened and operated online).

Minimum Opening Deposit: £500

Maximum Opening Deposit: £250,000

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

Can I withdraw money? No access permitted until maturity (26th July 2021). Upon maturity your funds will roll into a default savings account which has easy access.
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.

Terms and Conditions

Please make sure you've read the terms and conditions before applying

Ways to Apply

Online

It only takes a few minutes to complete your application online

Apply Online

Branch

Visit your local branch with proof of identity and residence and we'll open the account for you.

Apply in Branch

It takes about 10 mins


Life Protection Insurance

Life Protection Insurance is designed to protect you and your family from the financial consequences of death, a serious accident or illness, or with certain policies, even unemployment

Find out more