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Savings and Deposits

Savings to suit you

Want great returns on your hard-earned savings? Choose the right savings and investment product for your needs, and we'll help you make the most of your money.

Savings and Investments
  • Direct call

    Market-leading rate for a ‘no strings attached’ savings account.


    % p.a.
    • Simple savings account with no strings attached
    • No fees, no withdrawal penalty, no minimum balance
    • Withdrawals to any NZ bank account
  • YouChoose

    Earn competitive interest on every dollar while still making transactions.


    % p.a.
    • EFTPOS card included, and overdraft available
    • No fees
    • No minimum balance or limit on transactions

    An account that works as hard as you do. Funds on call and interest on every dollar.


    % p.a.
    • No fees, no minimum balance
    • Unlimited withdrawals to one nominated account
    • Complements transactional bank account

    Competitive rates and flexible investment terms to suit your needs.

    3 year term1.35

    % p.a.
    • Terms between 30 days and five years
    • No fees
    • Watch your deposit grow in the Heartland Mobile App

    Make investments in a tax-efficient way with Heartland’s PIE funds.

    3 year term1.35

    % p.a.
    • Choose between fixed or variable rates
    • Invest for between six to 60 months
    • Tax on returns capped at 28%

Why save with Heartland?

Got questions?

Yes – you can open a Direct Call Account or a YouChoose account online or in the Heartland Mobile App. You can also enquire into a Term Deposit or a Business Call Account online, and a consultant from our Retail team will contact you to finalise the details for your new account.
No, the New Zealand Government does not guarantee deposits made by customers with any of the banks in New Zealand.
Heartland’s most recent credit rating (May 2020) 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.
Yes, Interest is calculated daily and paid out at the end of each month. This means you get interest for everyday the funds are in the account during that month.
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.
No, you don’t need to visit an office to open an account. All banking activities can be done online and over the phone.

Savings Bank Award 2018 - 2020

Heartland Bank 2018 - 2020 Canstar Savings Bank Award Heartland Bank 2018 - 2020 Canstar Savings Account Outstanding value Award

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.

Because your
time matters

Save time by opening some of our savings accounts in minutes from the Heartland Mobile App.

  • Open new accounts

    In real time without leaving the app.

  • Personalise

    Change the text size, colour theme and account names to suit you.

  • Notifications

    Get personalised messages with information, updates and promotions.

Time matters

Can't find what you're looking for?

We have a great team standing by to answer any of your investment questions.

Contact us