Newcastle Limited Access Saver (Issue 2)

3 withdrawals or less (in each Annual Anniversary period):

Annual gross pa/AER

3.65% (Variable)

Interest is paid on: Annual anniversary of account opening.

Upon 4th withdrawal (in each Annual Anniversary period):

Annual gross pa/AER

1.80% (Variable) 

Interest is paid on: Annual anniversary of account opening.

We can change the rate of interest payable on this account.  The account is a variable rate account which means the rate of interest paid may change throughout the lifetime of the account. Please refer to the ‘Interest, Charges and Changes’ section of the Savings General Terms & Conditions, which sets out the reasons for which Newcastle Building Society may change the interest and the procedure for doing so.

The ‘upon 4th withdrawal’ interest rate will apply from your 4th withdrawal date until the day prior to your account opening Annual Anniversary date. The interest rate and withdrawal limits will be reset on your account Annual Anniversary date.

No withdrawals (Variable)
£1,036

Please note this projection is based on an initial £1,000 Deposit and no further Deposits or withdrawals are made.
 

4 withdrawals made (Variable)
£983*

*Please note this projection is based on:

• £1,000 initial deposit
• £40 withdrawn - withdrawals of £10 are made at the end of months 1, 2, 3 and 4
• No further withdrawals are made
• £23 in interest paid.

Please note: These projections are provided for illustrative purposes only and do not take into account customer’s individual circumstances. 

Opening your account
In branch or online. The Newcastle Limited Access ISA (Issue 2) is only available to Ongoing Service customers of Newcastle Financial Advisers Limited.
Giving us instructions for your account
In branch, by post, by telephone, or by secure message (for accounts opened and operated online).

Funding my account: You can find information here on how to fund your new savings account

Minimum Opening Deposit: £1

Maximum Opening Deposit: £1 million

Maximum Account Balance: £1 million (plus any resulting interest)

Withdrawals/transfers can be made and are limited to 3 penalty free withdrawals per Annual Anniversary period to qualify for the ‘3 withdrawals or less’ rate. If 4 or more withdrawals are made from the account per Annual Anniversary period, you will be paid the ‘Upon 4th withdrawal’ interest rate until the day before your Annual Anniversary date. The number of withdrawals limit is reset on the account Annual Anniversary date each year.

Tax Status: 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.

Exclusivity: The Newcastle Limited Access Saver (Issue 2) is only available to Ongoing Service customers of Newcastle Financial Advisers Limited.