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We’ve got your best interests at heart

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

There’s no minimum sums or withdrawal penalties around here, so plant your hard-earned money and watch your savings grow.

Ready to get started?

In the Heartland Mobile App, you can open an account in minutes and get a great rate.

Interest rate: 0.50% p.a.

Compare our rates


Information sourced from on 05/03/2021. 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.

Savings Bank Award 2018 - 2020

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

Heartland's Direct Call Account offers

Unlimited withdrawals to one nominated account

Withdrawals to any NZ bank account

No set up or on-going fees

No set up or on-going fees

Interest earned on every dollar

Interest earned on every dollar

3 ways to invest



Complete the easy online application anytime, anywhere.



Fill out an application form and email to [email protected] or post to: Retail Investments Team, PO Box 9919, Newmarket, Auckland 1149



Call us today on
0800 85 20 20

Let's get started

There’s no minimum sums or withdrawal penalties around here, so plant your hard-earned money into that little box below and watch your savings grow.
0.50% p.a.

New customer

Existing customer

To apply, you will need a smartphone and your New Zealand passport or driver licence. Verify your identity and you could open your account in less than 10 minutes.

If you're an existing customer but new to deposits, head to apply now. If you’re already a deposit customer with Heartland, you can open additional savings accounts through Heartland Digital, our mobile app, or by calling 0800 85 20 20.

Rates are subject to change without notice.

Our other savings accounts

Looking for something else? Heartland Bank savings accounts are a great way to put aside your money and save for your goals. Here are a few options:

Heartland Saver
  • Withdraw money from your Heartland Saver account at any time
  • Interest calculated daily and paid monthly
  • Call us today on 0800 85 20 20
Heartland Savings Optimiser
  • Interest calculated daily and paid monthly
  • No penalties when you give 30 days' notice of withdrawals
  • Call us today on 0800 85 20 20
View all rates

Why choose Heartland?


(Outlook Stable) Credit Rating from Fitch Ratings


for New Zealand


years' experience managing Kiwis' money

Questions? We have answers.

Yes, you read it right – and there are no fees or penalties either.
There are no penalties and no fees for withdrawing funds from your 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).
There are no monthly fees or transaction fees.
There are no minimum contribution requirements.
There is no minimum deposit required to open a Direct Call Account.
Yes, you can open a Direct Call Account without any other Heartland account.
Yes, a nominated account can be an account with Heartland or another bank.

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

Summary of Terms & Conditions for our 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

Talk to our friendly staff about the right option for you, or click here for a copy of our latest Disclosure Statement, brochures, product fact sheets and application forms.
Rates are subject to change. Terms and conditions are available here.