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Beware of a fraudulent scam offering Heartland Bank bonds and term deposits - read more.

Heartland Cash and Term PIE Fund

The tax-efficient way to deposit

Are you a higher rate tax payer? Heartland’s Cash and Term PIE Funds enable you to invest in a tax-efficient way.

What’s the difference?

Term PIE

Fixed rate and term (6 month minimum) with interest paid either direct credited or compounded quarterly.

View rates

Cash PIE

Get on-call access to your funds at an attractive interest rate.

View rates
Ready to get started?

4.60 % p.a.

$

Please choose term.

Please choose savings type.

Rates are subject to change without notice.

Why invest with Heartland?

  • No fees for Cash or Term PIE Funds

  • Competitive interest rates

  • Long and proud history stretching back to 1875

  • 100% New Zealand owned and operated

Got questions?

The fund invests exclusively in Heartland Bank deposits, ranking equally with all other deposits.
No, Heartland’s Cash and Term PIE Funds don’t charge any fees.
A Term PIE is a fixed term investment. but we understand that people’s circumstances do change. We may accept written requests for early repayment in certain circumstances, such as the death of an investor or unforeseen financial hardship (but we’re not required to do so). If we do agree to an early repayment, the interest rate payable in respect of your term deposit may be reduced. You can request an early, full or partial break by contacting our Retail team on 0800 85 20 20 or [email protected].
A PIE, standing for portfolio investment entity, is an entity which invests the contributions from its investors in different types of passive investment. Heartland’s PIE fund invests exclusively in Heartland Bank deposits, ranking equally with all other deposits.
A PIR, standing for prescribed investor rate, is the tax rate that your portfolio investment entity (PIE) uses to calculate the tax on the income from the investment of your contributions.
Your PIR is based on your taxable income, such as salary, wages and any other sources of income you would include in your income tax return. Use the PIR tool on the IRD website to determine yours.

Useful resources

View our Heartland Account & Service fee guide

View service fee guide

Read our Credit Rating and find out how it relates to you

View credit rating

Go to our Documents and Forms page to view and download

View documents & forms

See a summary of our Terms & Conditions for investment accounts

View terms & conditions

Can't find what you're looking for?

We have a great team standing by to answer any of your investment questions.

Contact us
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