Term Deposits

Pick the investment term that suits you

How long do you want to invest for? We can take care of your money for anything from 1 month to 5 years. Our term deposit rates vary depending on the length and amount of your deposit.

Apply online View rates

Choose to invest from 30 days to five years

No fees

Tiered interest rates: the more you deposit, the more you earn

Get Started

3 ways to invest

Online

Complete the easy online application anytime, anywhere.

Send

Fill out an application form and email to invest@heartland.co.nz or post to: Investments Team, PO Box 9919, Newmarket, Auckland 1149

Phone

Call us today on
0800 85 20 20

Start your application

Amount to deposit:

Term of investment:

Flexible, funds on call

Interest rate:

2.75% p.a.

Rates are subject to change without notice.

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 Savings 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?

BBB

(Outlook Stable) Credit Rating from Fitch Ratings

100%

for New Zealand

140+

years' experience managing Kiwi's money

Questions? We have answers

Can I have the interest paid to an account at another bank?

Yes, you can have interest paid to any New Zealand bank account of your choice.

If I have a large amount to invest can I get a better rate?

Negotiated rates are available for amounts over $250,000. Please call our Investments Team on 0800 85 20 20 for a quote.

Is Heartland a finance company?

No, Heartland Bank became a registered bank in December 2012. We were the first New Zealand registered bank to be listed on the NZX Main Board.

Is my deposit Government guaranteed?

No, the New Zealand Government does not guarantee deposits made by customers with any of the banks in New Zealand.

What is Heartland Bank’s credit rating?

Heartland’s most recent credit rating (October 2017) is BBB (Outlook Stable) from Fitch Ratings. A rating of BBB from Fitch Ratings is ‘investment grade’. You can read more about our rating here.

What happens if I need the funds part way through the term?

You are able to request an Early Full or Partial Break, please call our Investment Team on 0800 85 20 20.

Can I have my interest paid monthly?

For terms of 12 months or longer with a minimum deposit of $50,000, interest can be paid out monthly to a New Zealand bank account of your choice.

What happens when the term comes to an end?

Prior to the maturity date of your Heartland Term Deposit, Heartland will give you notice to tell you that your investment is about to mature. This maturity notice will give you the option to reinvest the full balance, reinvest part of the balance or pay the matured funds into another bank account.

Can I have my interest at maturity?

Yes.

Will I get a letter when my deposit and interest are due?

Yes, we will send a maturity notice prior to your Term Deposit maturing.

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.

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.