What is the maximum amount I can deposit?
There is no maximum amount for our deposit accounts.
Deposits up to $250,000 per account holder per authorised deposit-taking institution (ADI) are guaranteed under the Australian Government’s Financial Claims Scheme.
Greater Bank and Newcastle Permanent are both parts of Newcastle Greater Mutual Group Ltd, a single ADI. Therefore, a single $250,000 limit will apply to the aggregate balance of any eligible accounts held with Greater Bank and Newcastle Permanent.