North East Exclusive Newcastle Two Year Fixed Rate Bond (Issue 33)

Newcastle Building Society is the biggest building society in the North East with more branches than any other society in the region.

We pride ourselves in helping people to save and plan their finances as it is important to us, particularly as a North East building society, that we offer a range of products for those in our local area.

This product is available for customers in the North East in the following postcode areas: NE, SR, DH, TD10 - 15, DL, TS, CA1 - 17.

Up to 1.60% GROSS/AER*
How to apply

Summary Information

Summary box
Account Name North East Exclusives Newcastle Two Year Fixed Rate Bond (Issue 33)
What is the interest rate?

Annual Gross*/AER**

1.60%/1.60% (Fixed until 25th September 2020)

Interest is paid on: 25th September 2018, 25th September 2019 and 25th September 2020

Monthly Gross*/AER**

1.59%/1.60% (Fixed until 25th September 2020)

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 (25th September 2020).  Please refer to point 3 of the Product Special Conditions for further details.
What would the estimated balance be on the maturity date (25th September 2020), based on a £1,000 deposit? Annual (Fixed)
£1,034
Monthly (Fixed)
£1,034
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.
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 (25th September 2020). 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


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