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Newcastle Building Society Newcastle Regular Saver

Newcastle Building Society  Newcastle Regular Saver

? customer score 58%

Branch access Online account Minimum saving amount Maximum saving amount Interest paid
Whether you can operate the account through a bank branch.
Whether the account can be managed online.
The minimum amount you have to keep in the account.
The maximum amount you can keep in the account.
How often interest is paid.
Yes Yes £1 £25,000 Monthly

Newcastle Building Society customer satisfaction scorecard:

How do we work this out?
Clarity of statement Interest rate information Regular contact Customer service Overall customer score
n/a

58%

Poor
n/a = sample size is too small.

We have not been able to rate this provider as our customer satisfaction survey didn't generate a big enough sample of its customers but we aim to rate as many providers as possible

Eligibility

Minimum age N/A
Maximum age N/A
Minimum saving amount £1
Maximum saving amount £25,000
Minimum initial deposit £1
Restricted locations note N/A
Existing customer note N/A

Account details

Account type Regular
Immediate access Yes
ISA transfers allowed No
Minimum regular monthly deposit £1
Maximum regular monthly deposit £200
Withdrawals note Withdrawals/transfers can be made penalty free without notice.
Notice period 0 days
Fixed term N/A
Account fee £0
Account fee charged N/A
Part of FSCS Yes
FSCS note The first £85,000 per person, per UK banking licence, is protected by the Financial Services Compensation Scheme (FSCS). Under the UK Scheme if you have also borrowed from the failed bank or building society, the compensation will not be reduced to repay your debt. Separate arrangements will be made for this. Some banks and building societies share the same banking licence. Where this is the case, your £85,000 protection is across all the companies sharing the licence, not each individual company.
Rate guaranteed N/A

Interest rates

Interest paid Monthly
Interest paid type Compound
Bonus type Conditional
Introductory bonus note N/A
Conditional bonus note You must make at least one Deposit in each Calendar Month. Withdrawals are permitted, however the bonus interest will be paid subject to a positive ‘Net’ amount saved at the end of the Calendar Month. You can make a withdrawal and still gain your bonus as long as you pay in more than you take out before the end of the month.
From (£) To (£) AER including bonus (%) Bonus rate (%) AER excluding bonus (%) Interest type
£1 £25,000 2.27% 1.42% 0.85% Variable