Full product details for the Newcastle Building Society Monthly Saver savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
from 4 ratings
4 customers rated their Newcastle Building Society savings as 4.9 out of 5 in our 2010/2011 Consumer Finance Awards.
The maximum amount of withdrawals permitted each year to earn the citied interest rate is 2.
Minimum Monthly Investment
£10
The monthly minimum is £10
Online Access
no
Transactions can be made via the internet.
Branch Access
yes
Transactions cannot be made at a branch
Phone Access
no
Transactions can be made by phone.
Withdrawal Restrictions
no notice, penalty or charge
No notice, penalty or charge on withdrawals.
Introductory Bonus
0%
No introductory bonus payable.
Introductory Bonus Conditions
11 credits p/a
Bonus Conditions - The rate includes a bonus of 2.00%. In order to qualify for the bonus 11 out of the 12 monthly payments must be made during the year. A monthly payment is defined as a minimum investment of £10 in a calender month. The maximum monthly payment is £1,000.
Withdrawal Notice
0 days
No notice, penalty or charge on withdrawals.
Minimum Initial Investment
£10
Minimum investment of £10.
Minimum Number of Payments
11
The minimum number of payments required to receive the cited interest rate is 11
Availability
restricted
Regular monthly payments must be made into this account by standing order. The monthly minimum credit is £10. The monthly maximum credit is £1,000.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
New Money Only
no
Not applicable.
Restricted Access
no
Not applicable.
Minimum Monthly Investment
£10
The monthly minimum is £10
Minimum Age
4 years
Minimum age is 4 years.
Area Restrictions
none
There are no area restrictions
Minimum Initial Investment
£10
Minimum investment of £10.
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