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Newcastle Limited Access Saver (Issue 1)
A variable rate of interest which allows 3 penalty free withdrawals each anniversary year.
Rate
Including bonus
4.75 %Excluding bonus
2.90 %- Open with £1
- Invest up to £250,000 (plus any resulting interest)
- A variable rate of interest which allows 3 penalty free withdrawals each anniversary year
- 2.90% Gross pa/AER (variable) will be paid upon making 4 or more withdrawals
- Apply online or in branch
Summary information
Account Name
Newcastle Limited Access Saver (Issue 1)
What is the interest rate?
3 withdrawals or less (in each Annual Anniversary period):
Annual (Variable) 4.75% Gross pa*/AER**
Interest is paid on: Annual anniversary of account opening.
Upon 4th withdrawal (in each Annual Anniversary period):
Annual (Variable) 2.90% 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.
The ‘upon 4th withdrawal’ interest rate will apply from your 4th withdrawal date until the day prior to your account opening Annual Anniversary date. The interest rate and withdrawal limits will be reset on your account Annual Anniversary date.
On 30th June 2026 your account will mature into an easy access account with a variable interest rate. Please refer to point 11 of the Product Special Conditions for further details.
What would the estimated balance be after 12 months of account opening based on a £1,000 deposit?
No withdrawals (Variable)
£1,047
Please note this projection is based on an initial £1,000 Deposit and no further Deposits or withdrawals are made.
4 withdrawals made (Variable)
£995*
*Please note this projection is based on:
- £1,000 initial deposit
- £40 withdrawn - withdrawals of £10 are made at the end of months 1, 2, 3 and 4
- No further withdrawals are made
- £35 in interest paid.
How do I open and manage my account?
Opening your account
In branch or online. The Newcastle Limited Access ISA (Issue 1) is only available to Ongoing Service customers of Newcastle Financial Advisers Limited.
Giving us instructions for your account
In branch, by post, by telephone, or by secure message (for accounts opened and operated online).
Funding my account: You can find information here on how to fund your new savings account
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 penalty free withdrawals 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.
On 30th June 2026 your account will mature into an easy access account with a variable interest rate. Please refer to point 9 of the Product Special Conditions for further details.
Additional Information
Tax Status: 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.
Exclusivity: The Newcastle Limited Access Saver (Issue 1) is only available to Ongoing Service customers of Newcastle Financial Advisers Limited.
Ways to apply
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.