Newcastle First Home ISA - Newcastle Building Society

Newcastle First Home ISA

Newcastle Building Society
1 % AER
Headline Interest Rate
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

Account access

Open account byManage account by
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.


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.


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.

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