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Compare Newcastle Building Society ISAs

Compare ISAs from Newcastle Building Society and other ISA options available.
What you're looking for isn't available; however, these brands may offer suitable alternatives

Stocks & Shares ISA

from Interactive Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Access 40,000+ UK, US and international shares on 17 global exchanges. Choose from over 3,000 funds.
  • Invest From: £25 pm
See Deal Open an ISA before 31 December and get £100 cashback. New customers only, invest £5k or more. Terms & fees apply. Capital at risk.

Share Dealing ISA

from IG

Allows ISA Transfers
  • Trade From (frequent trader rate): £3.00
  • Trade From (standard trader rate): £8.00
See Deal Choose from over 13,000+ global stocks & ETFs. Invest in UK shares from as little as £3 per trade. IG offer a "Smart Portfolio ISA" where you can get an expertly built portfolio that is right for your risk profile. Capital at risk.

Stocks & Shares ISA

from Shepherds

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in the Shepherds With Profits Fund which offers medium to low risk investing, with the aim of growing your money in a smooth manner over the long term. Please note: As with all investing, your capital is at risk you may get back less than you have put in. The value of the ISA will depend on the performance of the investments and any bonuses cannot be guaranteed. Additionally, if investment conditions are poor, we may apply a Market Value Reduction (MVR)
  • Invest From: £30 pm

Stocks & Shares ISA

from AJ Bell

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in over 2,000 funds, shares and more across 25 markets. Invest from £25 per month. Which? Recommended Provider for Investment Platforms 2019–2023. Low-cost online dealing from £1.50. Open your account in minutes from app or website, manage your portfolio on the move. FSCS protected. Capital at risk
  • Invest From: £25 pm

Stocks & Shares ISA

from Wealthify

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have an investment Plan built and managed for you
  • Invest From: £1

Stocks & Shares ISA

from Nutmeg

ISA Option
Allows ISA Transfers
  • Fund Choice: Nutmeg offer 5 diversified portfolios with ETFs, using technology to keep charges low. Capital at risk. Approved by Nutmeg 24/02/2023
  • Invest From: Min. £500 single

Stocks & Shares ISA

from InvestEngine

Allows ISA Transfers
Regular Savings
  • Fund Choice: Offering commission-free DIY investing or low-cost, professionally managed income or growth portfolios built for you. Capital at Risk
  • Invest From: £100

Stocks & Shares ISA

from Tillit

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: From well-known classics to trailblazers and wildcards, TILLIT filter the market and select the best-in-class active and passive funds across asset classes, regions and styles. No one needs 5,000 funds. Get breadth and variety, without the choice paralysis

Stocks & Shares ISA

from Best Invest

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Over 2,500 funds, UK shares, investment trusts and ETFs or choose Ready Made & Managed Portfolios
  • Invest From: No minimum

Stocks & Shares ISA

from Fidelity

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK. With online guidance tools and expert fund ideas to help you choose. Capital at risk
  • Invest From: £25 pm

Stocks & Shares ISA

from Hargreaves Lansdown

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 3,000 funds, shares, investment trusts and more to build your portfolio. Capital at risk.
  • Invest From: £25 pm or £100 lump sum

Share Dealing ISA

from Interactive Brokers

Allows ISA Transfers
  • Trade From (frequent trader rate): £3.00
  • Trade From (standard trader rate): £3.00
See Deal Eligible UK Investors can open ISA's and Earn £55 of Commission Credit. For new clients. Limited time only, Terms apply

Investment ISA

from Barclays Smart Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in over 2,000 funds, plus Exchange Traded Funds, Investment Trusts, Shares and more. 5 Ready-made Investment funds if you’re not sure where to invest. Capital at risk.
  • Invest From: Any amount

My Money Builder Select ISA

from Scottish Friendly

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: When you set up a My MoneyBuilder Select (ISA), your money will be invested in a single fund - the Unitised With-Profits fund. A mixed managed fund from Scottish Friendly where premiums are pooled with those of other clients and returns are linked to the performance of the underlying assets within the fund. Remember the value of investments can go down as well as up, and you could get back less than you’ve paid in. If you cash in before the end of 5 years there will be a £50 deduction from your cash-in value
  • Invest From: £10 pm o r £100 single

Stocks & Shares ISA

from & me

Allows ISA Transfers
Regular Savings
  • Fund Choice: Range of portfolios managed by investment experts from M&G Wealth, who continually review a range of factors and global trends to make ongoing decisions about where to invest, and find new opportunities with the potential to deliver long-term growth for investors

Stocks & Shares ISA

from Moneyfarm

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have it matched to an investment portfolio expertly built and managed.
  • Invest From: £1,500

Stocks & Shares ISA

from ChipX

ISA Option
Allows ISA Transfers
  • Fund Choice: Save and invest across investment funds, cash savings, and real assets
  • Invest From: No minimum

Who are Newcastle Building Society?

Newcastle Building Society are the most prominent building society in the North East of England and currently operate more branches in the region than any other building society.

With over 150 years of history behind them, they provide their customers with mortgage loans, savings accounts, insurance products and financial advice.

Newcastle Building Society is owned by its members, so they don’t have shareholders to appease like banks do.

Among the range of savings accounts they offer to their customers are a variety of fixed and variable rate Cash ISA accounts.

What is an ISA account?

ISA accounts are tax-efficient savings accounts.

In a standard savings account, you pay tax on any interest, dividends and capital gains you make within your portfolio.

Depending on your other sources of income, this could take a considerable chuck out of your savings profits. Investing in an ISA completely protects you from these taxes.

The government sets a limit each year on how much you can put into an ISA. This is called your annual ISA allowance.

For the current tax year, the annual ISA allowance is £20,000, so you can’t add more than this amount to your ISA account.

What type of ISA is a Newcastle Building Society ISA?

Newcastle Building Society offer two main types of ISA accounts to investors: Cash ISAs and Stocks and Shares ISAs.

Stocks and Shares ISAs invest your money directly into the stock market through shares, funds and other investment vehicles. They have high potential for returns, but markets can go down as well as up so you could lose money.

Cash ISAs earn a fixed or variable interest rate on your balance, and your money is always kept as cash so it can’t lose value. You’ll always get back at least what you put in, but interest rates are low compared to the potential returns you could get in the stock market.

Newcastle Building Society currently only offer Cash ISA products and don’t do a Stocks and Shares ISA product.

What types of Cash ISA do Newcastle Building Society offer?

Newcastle Building Society offer a range of Cash ISAs that vary based on the following factors:

Accessibility – e.g., how often you can access your money or how long your fixed term of investment is.

Interest rates – fixed or variable rates are available, and generally the less access you have for withdrawals, the higher your interest rates.

Fixed or Variable Interest Rate Cash ISAs?

Newcastle BS’s fixed-interest Cash ISAs have a fixed term of investment. The lengths of term range from 1 to 5 years, and generally the longer term you commit to, the higher interest rates you receive.

However, if you withdraw from your Cash ISA before the end of your fixed term you will either be charged, or lose a portion of the interest you’ve earned so far.

Newcastle BS’s variable-rate ISAs are great for investors that need extra flexibility for accessing their money. Their variable-rate accounts differ based on the amount and frequency of withdrawals you can make.

The more access you have to your Cash ISA, the lower the interest rates, so you should keep in mind that greater flexibility comes at a cost.

How do I open a Newcastle Building Society ISA?

Once you’ve decided on the right ISA for you, you can open an account either online or in branch.

The quickest way to set up your account is online via the website.

You’ll need to create an account with a password, provide some basic information including your National Insurance Number, and make a contribution to open your ISA.

Who can open a Newcastle Building Society ISA?

Some of Newcastle BS’s ISAs are only available to customers living in the NE of England. Some of their ISAs are available to all UK customers, but you’ll need to check before you open your account.

You also need to be at least 16 years old and a resident in the UK to open any of their Cash ISAs.

What are the ISA rules?

Before opening an ISA, it’s important to know how you can and cannot use them to make sure you don’t break the rules.

Here’s a list of the most important ISA rules to be aware of:

  • The current ISA allowance is £20,000 so you can’t contribute more than this amount to an ISA in any one year.
  • Your ISA allowance is split between Cash and Stocks and Shares ISAs - you can split your £20,000 between the two types.
  • You can’t add money to more than one Cash ISA in the same tax year. If you’ve already opened or contributed to one this year, you can’t open another until the 6th of April.
  • You can transfer old ISAs to your new ISA account and it won’t count towards your ISA allowance – just complete an ISA transfer form with your new provider.
  • Your ISA allowance doesn't roll over - if you don’t use it, you lose it.
  • Your ISA allowance refreshes on the 6th of April each year so you can add an extra lump sum from this date. 
Sam Hodgson
Edited by Sam Hodgson - ISA.co.uk

Frequently Asked Questions

No. You can switch providers with an ISA transfer if you wish. You can also contribute to other ISA providers in separate tax years.

ISA accounts are authorised and regulated by the Financial Conduct Authority (FCA). This means that all ISA providers are covered by the Financial Services Compensation Scheme (FSCS) for up to £85,000 if they go out of business.

Please note that this may not apply to the underlying holdings within a Stocks and Shares ISA, and will not cover standard investment losses. 

No, ISA stands for Individual Savings Account and must be solely owned for tax purposes.

You can lose money in a Stocks and Shares ISA if your investments go down in value. You cannot lose money with a Cash ISA.

You can withdraw money from a Stocks and Shares ISA at any time provided that you sell the underlying investments first.

You can withdraw from a variable-rate Cash ISA at any time.

Withdrawing from a fixed-rate Cash ISA may incur charges if you do so before the end of the specified fixed term.

Most providers will allow you to withdraw from your ISA online, via a mobile app, telephone, or by written instruction in the post.

Most ISA withdrawals will complete in approximately five working days, but they could take longer depending on the assets you need to sell.

The annual ISA allowance is set by HMRC each year, and the current limit is £20,000 per person for the 2023/24 tax year.

A Stocks and Shares ISA provider will charge an ongoing, annual platform fee as well as some ad hoc charges.

A Cash ISA could also charge if you withdraw money before the end of a fixed-term investment.