Newcastle Fixed Regular Saver (Issue 2)

Make your money work harder with our Newcastle Regular Saver. Save from as little as £1 up to £200 each month with interest fixed until November 2022 and get easy access to your money whenever you need it. This product is exclusively available in branch - pop into your local branch to open an account.

2.00% GROSS/AER*

Summary Information

Summary box
Account Name Newcastle Fixed Regular Saver (Issue 2)
What is the interest rate? Annual Gross pa*/AER** 2.00% (Fixed)
Interest is paid on

The interest is calculated daily and will be paid on account maturity (7th November 2022).

Can Newcastle Building Society change the interest rate? The interest rate for this account is fixed and will not change until the maturity date (7 November 2022).  Please refer to point 7 of the Product Special Conditions for further details.
What would the estimated balance be after the first 12 months of account opening based on a £200 deposit? Annual (Fixed)

£2,426

This projection is based on 12 monthly Deposits of £200 on the 1st of each month and no withdrawals are made.

Please note: This projection is provided for illustrative purposes only and does not take into account the customer’s individual circumstances.
How do I open and manage my account? Opening your account
In branch.
Giving us instructions for your account
In branch, by post or by telephone.

Minimum Opening Deposit: £1
Maximum Opening Deposit: £200

Maximum Monthly Deposit: £200

Maximum Account Balance: £2,600 (plus any resulting interest)

Can I withdraw money? Withdrawals/transfers can be made penalty free without notice. You may only repay any withdrawn funds from your Newcastle Fixed Regular Saver account up to the maximum monthly subscription limit of £200.
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

Branch

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

Alternatively if you would prefer to discuss the account in more detail first, then please make an appointment.