Finding the best rates…
Bank One
Best available
Up to 5.25% p.a.
Line-up
1 live product
Compare Newcastle Permanent and Southern Cross Credit Union savings accounts side by side. In March 2026, Newcastle Permanent offers 1 account with rates up to 5.25% p.a., while Southern Cross Credit Union has 1 account reaching 4.65% p.a. Newcastle Permanent currently leads by 0.60%.
Bank Two
Best available
Up to 4.65% p.a.
Line-up
1 live product
1 live product
Best available rate
Smart Saver Account (Under 25)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.05%
Bonus
5.20%
Conditions
Bonus rules apply
1 live product
Best available rate
Star Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.90%
Bonus
3.75%
Conditions
Bonus rules apply
Live edge
Newcastle Permanent leads on headline savings rate by 0.60% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Newcastle Permanent | Southern Cross Credit Union |
|---|---|---|
| Max rate | 5.25% | 4.65% |
| Base rate | 0.05% | 0.90% |
| Bonus rate | 5.20% | 3.75% |
| Has conditions | Yes | Yes |
Every tracked savings accounts option from Newcastle Permanent.
Every tracked savings accounts option from Southern Cross Credit Union.
In March 2026, Newcastle Permanent's Smart Saver Account (Under 25) offers up to 5.25% p.a. (0.05% base + 5.20% bonus), while Southern Cross Credit Union's Star Saver reaches 4.65% p.a. (0.90% base + 3.75% bonus). Newcastle Permanent currently leads by 0.60% p.a.
Newcastle Permanent's rate applies on balances up to $49,999.
Newcastle Permanent has 1 savings product and Southern Cross Credit Union has 1, giving you a range of options to compare.
| Feature | Newcastle Permanent | Southern Cross Credit Union |
|---|---|---|
| Max Rate | 5.25% | 4.65% |
| Base Rate | 0.05% | 0.90% |
| Bonus Rate | 5.20% | 3.75% |
| Conditions Required | Yes | Yes |
| Balance Cap | $49,999 | Unlimited |
Newcastle Permanent currently offers a 0.60% higher savings rate.
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Common Questions
Newcastle Permanent currently offers the higher rate at 5.25% p.a., compared to 4.65% p.a. Rates are sourced from live data and change frequently.
Newcastle Permanent's best savings rate is 5.25% p.a. on the Smart Saver Account (Under 25), consisting of a 0.05% base rate and 5.20% bonus rate. This rate requires meeting monthly bonus conditions.
Southern Cross Credit Union's best savings rate is 4.65% p.a. on the Star Saver, consisting of a 0.90% base rate and 3.75% bonus rate. This rate requires meeting monthly bonus conditions.
Both Newcastle Permanent and Southern Cross Credit Union require meeting monthly conditions to earn their full bonus rates.
Based on current rates, Newcastle Permanent pays approximately $300 more in interest per year on a $50,000 balance. This is based on the headline rate difference of 0.60% p.a.