Newcastle First Home ISA - Newcastle Building Society

Newcastle First Home ISA

Newcastle Building Society
1 % AER
Headline Interest Rate
FSCS
Compensation Scheme
£ 10,000 min initial deposit
£ 40,000 max balance
  • Open By:

About the account

Headline Interest Rate: 1 % AER
Headline Interest Balance: £ 10,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers of current and previous year's ISA subscriptions from other ISA's are permitted and are subject to the maximum monthly investment allowances.
Minimum Initial Deposit: £ 10,000
Date account was introduced: 01 Dec 2015
Date of last rate changed: 01 Dec 2015
Maximum rate change: -0.16 %

This account may be appropriate for you if

  • You haven't already opened a Cash ISA this year
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£10,0001.00%1.00%1.00%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: monthly
Minimum Balance: £ 1
Maximum Balance: £ 40,000
Statement Frequency: not issued
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: Withdrawals are permitted without notice or penalty, although the bonus will be lost for each month in which a withdrawal is made.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: No notice, penalty or charge on withdrawals, however the monthly bonus will be lost for each month in which a withdrawal is made.
Free Withdrawal Conditions: The bonus will be lost for the month in which the withdrawal takes place.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse
Restricted Availability: This product is only available to First Time Buyers.

Moneywise Best Buys

Savings Accounts

ProductAER
Nationwide Flexclusive Regular Saver - Nationwide Building Society5%
First Direct Regular Saver - first direct5%
HSBC Regular Saver - HSBC5%
M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander5%

Customer ratings