Direct Call Account | Savings Accounts

DIRECT CALL ACCOUNT

No matter what you’re saving for, our Direct Call Account offers a competitive rate for a ‘no strings attached’ savings account.

View more rates

Ready to get started?

Open an account in minutes and earn 1.50% p.a. interest on your savings.

Click below to apply online

download and apply in-app

1.50

Heartland

0.70

TSB

0.35

Co-operative

1.20

Rabobank

0.20

SBS

0.30

ANZ

0.30

ASB

0.05

BNZ

0.05

Westpac

Information sourced from interest.co.nz on 25/05/2022. Comparisons shown are products with features closest to Heartland’s Direct Call Account, i.e. on call (no notice period), no minimum deposit, no bonus criteria, no fees and unlimited withdrawals.

Withdrawals to any NZ bank account
No fees, no minimum balance required
Interest earned on every dollar
Simple savings account with no strings attached

Start the online application – you will need a few things handy.*
Verify your identity through biometrics.
Answer tax questions and choose a nominated account.
We will either refer you to our team, or open your account!

*You’ll need your NZ passport or driver license, smartphone to verify your identity, tax details and nominated account number

Savings Bank Award 2018 - 2021

Heartland Bank 2018 - 2021 Canstar Savings Bank Award

Heartland Bank 2018 - 2021 Canstar Savings Account Outstanding Value award

We are proud to have won Canstar's Bank of the Year - Savings Award for four years in a row. This award recognises the institution that provides the strongest combination of products and services for savers in New Zealand.

Got questions?

Is the 1.50 % p.a. rate correct?: Yes, you read it right – and there are no fees or penalties either.
Are there penalties applied to the Direct Call Account if I withdraw funds?: There are no penalties and no fees for withdrawing funds from your Direct Call Account.
How can I get money out of a Direct Call Account?: When setting up your Direct Call Account you can choose to set up a nominated account – this can be another Heartland account, or an account with another bank. Your nominated account is useful when making large transfers (up to $1 million), though you can also make transfers of up to $2,000 to non-nominated accounts. Transfers take one business day to clear (Monday to Friday, not including public holidays).
Are there monthly fees and/or transaction fees?: There are no monthly fees or transaction fees.
Are there any minimum contribution requirements?: There are no minimum contribution requirements.
What’s the minimum deposit to open a Direct Call Account?: There is no minimum deposit required to open a Direct Call Account.
Can I open a Direct Call Account if I don’t bank with Heartland?: Yes, you can open a Direct Call Account without any other Heartland account.
Can I choose a non-Heartland account as my nominated account?: Yes, a nominated account can be an account with Heartland or another bank.