Newcastle Building Society > Investments > Nova Plus

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Nova Plus (Issue 3) is a no notice account which has five variable interest rate levels. The level of interest you receive is determined by how much you have in your account.

Key Features

Invest from £1 to a maximum of £300,000.
Depending on your balance choose to receive either monthly or annual interest.
The more you save, the higher the interest rate you'll receive.
No notice for withdrawals.

Current Rates

Balance	Current Interest Rate
Balance	Gross%	Net%	*AER%**
Annual Interest	Gross%	Net%	*AER%**
Nova Plus (Issue 3)
£50,000 - £300,000	2.10	1.68	2.10
£10,000 - £49,999	1.45	1.16	1.45
£5,000 - £9,999	1.05	0.84	1.05
£500 - £4,999	0.80	0.64	0.80
£1 - £499	0.75	0.60	0.75
Monthly Interest
£50,000 - £300,000	2.10	1.68	2.12
£10,000 - £49,999	1.45	1.16	1.46
£5,000 - £9,999	1.05	0.84	1.06

image : Nova Plus - up to 2.70% gross/AER, No Notice

image : family at picnic

For full Terms and Conditions, please see Legal Info

Apply now

You can apply for this account safely and securely online. Alternatively, call us on 0845 606 5522 and complete the application form over the phone with one of our customer advisors or if you would prefer we can call you back. Our lines are open 8am to 8pm Monday to Thursday, 8am to 6.30pm Friday, 9am to 5pm Saturday.

Alternative Format

Newcastle Building Society is committed to providing a full range of products and services for all of our customers, including those with visual impairment. With this in mind we are able to provide this brochure in larger print or audio cassette format. If you would like more details, or would like to register to receive correspondence in an alternative format please contact us on 08457 344 345.

*AER stands for Annual Equivalent Rate and is a notional rate which illustrates what the interest would be if interest was paid and compounded on an annual basis. It excludes any bonus interest which might be payable. Gross means the contractual rate of interest payable before deduction of income tax at the rate specified by law i.e. the rate of interest payable without UK income tax being deducted. Net is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.