Savings account · 25+ years
Newcastle Permanent Smart Saver Account
5.00%p.a. total
0.05% base + 4.95% bonus when the conditions are met
71st of 151 savings accounts · market average 4.37%
The RBA raised the cash rate to 4.60% on 30 September. Smart Saver Account moved on 9 October, 9 days later.
What the bonus asks
2 things each month- Each month
- A balance that ends the month higher than it started
- At most 2 withdrawals
- A month without them
Pays the 0.05% base rate on the whole balance.
- Who can open it
Anyone 25 or over
- Balance
The bonus is paid on balances up to $50,000.
Rate history
Last change 9 Oct- Smart Saver Account
- RBA cash rate
- Market average
October 20261 change
- 9Fri
- 4.50 → 5.00Bonus rate 4.45% → 4.95% · 9 days after the RBA rise to 4.60%+0.50
May 20261 change
- 15Fri
- 4.25 → 4.50Bonus rate 4.20% → 4.45% · 9 days after the RBA rise to 4.35%+0.25
- #51MarMar 2026: ranked 51 of 64
- #60AprApr 2026: ranked 60 of 76
- #59MayMay 2026: ranked 59 of 79
- #63JunJune 2026: ranked 63 of 79
- #64JulJuly 2026: ranked 64 of 80
- #64AugAug 2026: ranked 64 of 80
- #78SepSep 2026: ranked 78 of 120
- #70OctOct 2026: ranked 70 of 150
- #71NowNov 2026: ranked 71 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 9 months: from #70 of 150 in Oct 2026 to #64 of 80 in July 2026.
- A year meeting the conditions
- $2,500
- A year without meeting the conditions
- $25
- Against the average (4.37%)
- +$316
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Notes from savers
to leave a note.
Other Newcastle Permanent accounts: Smart Saver Account (under 25) 6.00%
Pays 5.00% p.a. total (0.05% base plus 4.95% bonus) as of 2 November 2026. Ranks 71st of 151 savings accounts tracked by BankMate, 0.63 points above the average of 4.37%. The rate last rose on 9 October 2026, 9 days after the RBA raised the cash rate to 4.60%. From Newcastle Permanent's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·