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Savings Range Simplification

Current and Closed Issue Investment Interest Rates

At the Newcastle, we like to make things as simple and straightforward as possible. After listening to our customers, we have reviewed and simplified our product range. As a result a number of our historical products were transferred to new accounts to reduce the number in our portfolio. This took effect from 30 June 2011.

There is no need to do anything as a result of these changes. Any existing payments to your existing account will be automatically carried over to your new account and your account number will remain the same.

If you are a voting member of the Society, a leaflet regarding this change was included in your 2011 AGM voting pack. Alternatively, you can view this information from the AGM Rate Booklet (PDF).

The new rates and the Product Special Terms & Conditions for your account took effect from 30 June 2011.

If you have any queries regarding your account, please do not hesitate to contact us.

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* Gross/AER
'Gross' interest is the contractual rate of interest payable before the deduction of income tax
'AER' means "Annual Equivalent Rate" and is a notional rate which illustrates the contractual interest rate (excluding any bonus payable) as if paid and compounded on an annual basis

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Newcastle Building Society is authorised and regulated by the Financial Services Authority and is entered in the Financial Services Authority Register under Registration No. 156058.