Newcastle Permanent Smart Saver Account
savings accountterms checked
Smart Saver Account is a savings account from Newcastle Permanent. At $50,000 it pays 5.60% p.a. in a month in which the conditions below are met and 0.05% when they are not.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together.
| Balance | Base | Bonus | Conditional |
|---|---|---|---|
| $0 – $49,999.99 | 0.05% | 5.55% | 5.60% |
| $50,000.01+ | 0.05% | 4.95% | 5.00% |
Some rows are paid on the whole balance and some, marked stepped, on the part of the balance in the band, as the feed states them.
The bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.
The bonus rate changes with the balance; the bands above show what the feed states for each.
Conditions
- bonus: grow the balance (excluding interest) over the month and make no more than 2 withdrawals
Features
- card
- Visa Debit Card
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- transactions
- unlimited
- wallets
- Apple Pay, Google Pay
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Real Time Gross Settlements (RTGS) - Inward Third party financial institution fee, Real Time Gross Settlements (RTGS) - Outward Third party financial institution fee, Document and Miscellaneous Service, Foreign Currency Conversion (no amount in the feed)
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 25 and over
- open to
- personal and SMSF customers
Who can open it, in the bank's own words:
- age 25 and over: At least one account holder must be 25 years of age or older at the date of opening
- residency: Available to permanent Australian Residents
About this account
This savings account is designed to help members reach their savings goals.
Data
- Newcastle Permanent's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: smart-saver-account, savings-product-schedule.pdf, target-market-determination-smart-saver.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/newcastle-permanent.json: this bank's accounts and every balance band as JSON; Newcastle Permanent's page lists them.- The bank last updated this record on 13 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Newcastle Permanent
- Online Savings Account (Including Intro) savings account, 1.00% base at $50,000
- Smart Saver Account (Under 25) savings account, 6.25% conditional at $50,000
- Business Cash Management Account cash management account, 1.12% base at $50,000
- Business Cheque Accountstale transaction account, 0.00% base at $50,000
- Club Accountstale transaction account, 0.00% base at $50,000
- Everyday Accountstale transaction account, 0.01% base at $50,000
- Special Monthly Interest transaction account, 1.60% base at $50,000
All of Newcastle Permanent's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice, bonus interest is paid only in the months an account's conditions are met, and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.