8.5 / 10

based on 1130 reviews as rated by Mozo community

Newcastle Permanent savings accounts

Newcastle Permanent is an independent, mutual retail financial services provider which offers a genuine alternative to traditional banks. It has comprehensive range of retail banking products and services such as savings accounts, bank accounts, home loans, personal loans, credit cards, and insurance. Newcastle permanent also provides meaningful support for the communities it serves.

Newcastle Permanent offers the following savings accounts

Rates and fees verified as correct at 04 March, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee
Online Savings Account

0.05% p.a.(for $0 and over)

0.50% p.a. (for $0 and over)

Yes up to $250,000

Smart Saver Account

0% p.a.(for $0 and over)

0.40% p.a. (for $0 and over)

Yes up to $250,000

Smart Saver Account (under 25)

0% p.a.(for $0 and over)

1.40% p.a. (for $0 and over)

Yes up to $250,000

How are Newcastle Permanent savings accounts rated?

Mozo users have rated Newcastle Permanent savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
Newcastle Permanent savings accounts
Overall
8.4/10
Price
Features
Customer service
Convenience
Trust

343 Reviews

Recent Newcastle Permanent savings account reviews

Newcastle Permanent Savings Account review
Overall 7/10
Good points outweigh bad points

Newcastle Permanent have the most local branches and are open on Saturdays. Their staff are always friendly and helpful. Their home loan rates are not the best though.

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Newcastle Permanent have the most local branches and are open on Saturdays. Their staff are always friendly and helpful. Their home loan rates are not the best though.

Price
5/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
6/10
Less
Belinda, New South Wales, reviewed about 2 months ago
Newcastle Permanent Online Savings Account review
Overall 5/10
Good customer service.

The interest rates arent as competitive as they used to be but my other everyday account is with them so I havent bothered changing.

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The interest rates arent as competitive as they used to be but my other everyday account is with them so I havent bothered changing.

Price
5/10
Features
4/10
Customer service
7/10
Convenience
7/10
Trust
8/10
Less
Emily, New South Wales, reviewed over 1 year ago
Newcastle Permanent Online Savings Account review
Overall 5/10
Great

Could be better.

Read full review

Could be better.

Price
3/10
Features
3/10
Customer service
5/10
Convenience
6/10
Trust
7/10
Less
Joshua, New South Wales, reviewed over 2 years ago
Newcastle Permanent Savings Account review
Overall 10/10
I don't use online banking

The building society is easy to access and the staff are willing to spend the time needed to explain any questions I have on any of their products.

Read full review

The building society is easy to access and the staff are willing to spend the time needed to explain any questions I have on any of their products.

Price
9/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Denise, New South Wales, reviewed about 3 years ago

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