Rates are current as at Thursday, 2 April 2020. All rates are subject to change without notice.
Check out our current special rates.
YouChoose Account Interest Rates *
* View our YouChoose Rates, Fees, and Terms here
Term Deposit Interest Rates
† For terms of 12 months or longer with a minimum deposit of $50,000, interest can be direct credited to a bank account monthly.
Heartland Term PIE Interest Rates
|Term||Interest Rate||Interest frequency†|
Heartland Cash PIE Interest Rates
Transactional Account Interest Rates (paid monthly)
|Heartland Everyday Account (personal customers)||% p.a.|
|Up to $10,000||0.05|
|$10,000 to $49,999||0.10|
|$50,000 to $99,999||0.15|
|$100,000 to $249,999||0.20|
|Child & Teen - available to Depositors under the age of 21||% p.a.|
|Community - available to clubs groups and organisations that qualify for non-profit status.||% p.a.|
|Up to $5,000||0.50|
What you need to know about Heartland Deposits
These rates are subject to change without notice. Minimum term deposit investment $1,000.
Interest accrues and is payable daily in arrears on the principal amount of any unarranged overdraft on a transactional account or a savings account at Heartland Bank's prevailing interest rate for unarranged overdrafts, currently 26.70% p.a. This interest may be debited by Heartland Bank to the relevant overdrawn account and then immediately forms part of the prinicipal amount of the unarranged overdraft.
Savings and transactional interest rates apply to the full daily account balance and interest is credited monthly.
What you need to know about the Heartland Term and Cash PIE Fund
Minimum investment for the Heartland Term and Cash PIE Fund is $1,000. Rates subject to change without notice.
The Heartland Term and Cash PIE Fund does not have a credit rating. Heartland Bank has a credit rating of BBB (Outlook Stable) from Fitch Ratings. Heartland Bank's credit rating is only relevant insofar as the Heartland Term and Cash PIE Fund invests in Heartland Bank. For more information on Heartland Bank's credit rating, click here.
The manager of the Heartland Term and Cash PIE Fund is Heartland PIE Fund Limited, a subsidiary of Heartland Bank.
No other person (including Heartland Bank) guarantees the obligations of the Heartland Term and Cash PIE Fund.
Rates are subject to change. Terms and conditions are available here.