Summary 1. Many organisms respond to seasonal temperature fluctuations by the reversible modification of whole‐animal performance. Semiaquatic ectotherms, which possess this acclimatory capacity in swimming speed, lack the plastic response in terrestrial locomotor performance and vice versa. Theory predicts that the presence of reversible (seasonal) thermal acclimation or fixed phenotypes depends on the predictability of future thermal conditions (i.e. accuracy of temperature cues) in a given environment. Alternatively, comparative data suggest that thermal acclimation is induced by disparate temperature cues in water and on land. 2. We tested both predictions by examining the seasonal acclimation response in thermal sensitivity of maximal swimming and running speed in adult alpine newts, Ichthyosaura (formerly Triturus) alpestris. 3. Following the seasonal variation in environmental temperatures, we exposed newts to 5 °C from November to March and, after a gradual temperature increase, to either a constant (15 °C) or fluctuating (10–20 °C) thermal regime from May to June. At the end of each treatment, we measured newt swimming and running capacity at five temperatures (range 5–25 °C). In the field, hourly temperatures were recorded in various aquatic and terrestrial microhabitats to obtain information about the predictability of thermal conditions in both environments. 4. Seasonal acclimation shaped the thermal sensitivity of swimming speed under both constant and fluctuating temperature treatments. Thermal sensitivity of running speed was markedly modified by a fluctuating thermal regime so that newts ran at the highest test temperature faster than cold‐acclimated individuals. Natural thermal environment contained a similar proportion of predictable variation in water and on land. 5. Complex seasonal acclimation of locomotor capacity in newts was influenced by the disparate thermal cues, i.e. mean acclimation temperature or diel temperature fluctuations, rather than by the different accuracy of these cues in water and on land. Future confrontations of theory with empirical data will require more attention not only on the assumptions of adaptive thermal acclimation but also on the ecologically relevant thermal conditions during acclimation experiments.