Make your hard-earned savings work harder
Our term deposit investment terms range from 1 month to 5 years, offering competitive interest rates and flexible interest options to suit your individual needs.View rates
Fixed rate, fixed term, fixed return
Why choose Heartland?
(Outlook Stable) Credit Rating from Fitch Ratings
for New Zealand
years' experience managing Kiwis' money
Questions? We have answers
A term deposit is a fixed term investment. However, Heartland understands that people’s circumstances do change. Heartland may accept written requests for early repayment in certain circumstances such as the death of an investor or unforeseen financial hardship (but is not required to do so). If Heartland does agree to an early repayment, the interest rate payable in respect of your term deposit may be reduced.
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.
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.
Yes, you can have interest paid to any New Zealand bank account of your choice.
Yes, you can open a term deposit account without any other Heartland account.
Yes, we will send a maturity notice prior to your Term Deposit maturing.
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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.