Our online savings account, NewcastleNet (Issue 7), is a great savings account, offering a highly attractive interest rate and easy access. It is dedicated to investors who prefer the convenience of being able to manage their savings online, using the Internet*

Product Features

Excellent rates of interest and you can open an account with a minimum of £250.

Transfer funds to and from your nominated bank or building society account without notice or penalty.

View the balances for any other investment and mortgage accounts that you have with us online.

NewcastleNet Savings (Issue 7)

* Access restrictions may apply. Please see product info for details

©Newcastle Building Society. Principal Office, Portland House, New Bridge Street, Newcastle upon Tyne, NE1 8AL. Telephone: 0191 244 2000.

Newcastle Building Society is authorised and regulated by the Financial Services Authority www.fsa.gov.uk/register/ and is entered in the Financial Services Authority Register under Registration No. 156058.

We may monitor and record telephone calls for training and security purposes.

The products and services described in this site are available only to UK residents. The information in this site is not directed at anyone other than UK residents and applications from others will not be accepted. The information contained in this site may not satisfy the laws of any other country.

The information contained in this site is subject to change at any time and should be read in conjunction with the terms and conditions of the appropriate product.

We are covered by the Financial Services Compensation Scheme. You may be entitled to compensation from the scheme if we cannot meet our obligations.
This depends on the type of business and the circumstances of the claim.
Insurance - Insurance advising and arranging is covered for 100% of the first £2,000 and 90% of the remainder of the claim, without any upper limit.
Mortgage - Mortgage advising and arranging is covered for 100% of the first £30,000 and 90% of the next £20,000 so the maximum compensation is £48,000. Deposit/Savings Accounts - Payments under the Scheme are limited to a maximum payment of £35,000, that is 100% of the first £35,000 of a savers total savings. Most investors are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered (for example deferred shares - permanent interest bearing shares). Although most shares and deposits are denominated in sterling, all other currencies are covered.

The Society fully supports The Banking Code

Updated March 2008