Newcastle Building Society Monthly Saver

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.
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Newcastle Building Society Monthly Saver Features & Benefits

Account TypeRegular Saver 
Rate TypevariableThe type of interest rate is variable.
Headline Interest Rate2.1%The headline interest rate is 2.10% AER.
Headline Interest Balance£1010
Maximum Number of Withdrawals2 withdrawalsThe maximum amount of withdrawals permitted each year to earn the citied interest rate is 2.
Minimum Monthly Investment£10The monthly minimum is £10
Online AccessnoTransactions can be made via the internet.
Branch AccessyesTransactions cannot be made at a branch
Phone AccessnoTransactions can be made by phone.
Withdrawal Restrictionsno notice, penalty or chargeNo notice, penalty or charge on withdrawals.
Introductory Bonus0%No introductory bonus payable.
Introductory Bonus Conditions11 credits p/aBonus 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 Notice0 daysNo notice, penalty or charge on withdrawals.
Minimum Initial Investment£10Minimum investment of £10.
Minimum Number of Payments11The minimum number of payments required to receive the cited interest rate is 11
AvailabilityrestrictedRegular monthly payments must be made into this account by standing order. The monthly minimum credit is £10. The monthly maximum credit is £1,000.
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