---
title: "Special Monthly Interest  — Newcastle Permanent Building Society"
description: "Transaction & Savings Accounts from Newcastle Permanent Building Society. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/newcastle-permanent-building-society/products/AC_specialmonthlyinterest
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-25T00:00:00+10:00
---

# Special Monthly Interest  — Newcastle Permanent Building Society

> Transaction & Savings Accounts from Newcastle Permanent Building Society. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Newcastle Permanent**

A flexible everyday account specially designed for pensioners and retirees offering the peace of mind knowing their retirement savings or pension income is working hard and earning interest.

## At a glance

- **Base rate:** 1.8%

## Apply

Applications are handled by the provider: [Apply at Newcastle Permanent Building Society](https://www.newcastlepermanent.com.au/tools-and-services/apply-for-a-product)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Credit interest you earn is worked out as strata interest at the annual rate divided by 365 on the portion of the balance within each strata. It is paid to the account on the last day of each calendar month.) | 1.8% | $50000 - $249999 | monthly |
| Variable (Credit interest you earn is worked out as strata interest at the annual rate divided by 365 on the portion of the balance within each strata. It is paid to the account on the last day of each calendar month.) | 1.4% | $10000 - $49999 | monthly |
| Variable (Credit interest you earn is worked out as strata interest at the annual rate divided by 365 on the portion of the balance within each strata. It is paid to the account on the last day of each calendar month.) | 1.8% | $250000 plus | monthly |
| Variable (Credit interest you earn is worked out as strata interest at the annual rate divided by 365 on the portion of the balance within each strata. It is paid to the account on the last day of each calendar month.) | 0.01% | Up to $9999 | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Branch Withdrawal — 6 free Branch Withdrawals per month. Can qualify for additional free transactions (up to 30) as per the product schedule. | Withdrawal | $3.00 |
| Foreign Currency Conversion — Capped at $0.00 | Purchase | 3% of transaction |
| Real Time Gross Settlements (RTGS) - Inward Third party financial institution fee — Capped at $0.00 · Unascertainable | Deposit | Variable |
| Account Overdrawn | Event | $5.00 |
| Cheque Clearance — Capped at $0.00 | Deposit | $0.50 |
| Visa Cash Advance — Capped at $0.00 | Cash advance | $5.00 |
| Card Replacement Overseas — Capped at $0.00 | Replacement | $100.00 |
| Financial Institution Cheque Fee — Capped at $0.00 · 2 free per month, $10 after that | Withdrawal | $10.00 |
| Financial Institution Cheque Replacement — Capped at $0.00 | Replacement | $15.00 |
| Real Time Gross Settlements (RTGS) - Inward NPBS fee — Capped at $0.00 | Deposit | $12.00 |
| Dishonour (Direct Debit and Cheque) — Capped at $0.00 | Dishonour | $9.00 |
| Real Time Gross Settlements (RTGS) - Outward Third party financial institution fee — Capped at $0.00 · Unascertainable | Withdrawal | Variable |
| Document and Miscellaneous Service — Capped at $0.00 · $60/hour (min $10/copy). | Enquiry | Variable |
| Real Time Gross Settlements (RTGS) — Capped at $0.00 · When you send an RTGS | Withdrawal | $30.00 |

## Features

- **Card access** — Visa Debit Card (Cashcard no longer available for issue from 27 November 2024).
- **Bill payment (BPAY)** — BPAY View
- **Digital banking** (Internet Banking and Mobile Banking)
- **Real-time payments (NPP)** (OSKO)
- **Free transactions** — 6 (6 free branch transactions per month. Additional free transactions may apply (up to a maximum of 30 per month), based on account balance and/or automatic transfers in place.)
- **Unlimited transactions** (Unlimited free BPay, Visa Debit card purchase (when pressing the credit button), eftpos, Automatic transfers, and Internet banking transactions (branch transactions not included). Subject to amount limits)
- **PayID** (OSKO)
- **Digital wallet** — Apple Pay (Available for Visa cards only.)
- **Digital wallet** — Google Pay (Available for Visa cards only.)
- **Cheque book available (must be 18+).**

## Eligibility

- **Residency status** — Available to permanent Australian Residents 
- **Must be 55 years of age or over; receiving an eligible government pension; or a Member of the Association of Independent Retirees.**
- **Individuals only** (This account is for personal use by individuals )

## More information from Newcastle Permanent Building Society

- [Overview](https://www.newcastlepermanent.com.au/personal/everyday-banking/special-monthly-interest-account)
- [Terms & conditions](https://www.newcastlepermanent.com.au/tools-and-services/terms-and-conditions)
- [Eligibility](https://www.newcastlepermanent.com.au/tools-and-services/terms-and-conditions)
- [Fees & pricing](https://www.newcastlepermanent.com.au/tools-and-services/terms-and-conditions)

## Data provenance

- Published by Newcastle Permanent Building Society under the Consumer Data Right
- Product ID: `AC_specialmonthlyinterest`
- Last updated by the provider: 24 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/newcastle-permanent-building-society/AC_specialmonthlyinterest
- Provider page: https://www.cdrcompare.au/brands/newcastle-permanent-building-society
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000299

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/newcastle-permanent-building-society/products/AC_specialmonthlyinterest) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)