• You can read about Heartland Bank's fees in our Fee Guide.

    Fees may be charged for some specialist services not specified on this website.

(Apply to all accounts)

Set up or alter an automatic payment $3
Dishonours (cheques, direct debits) $25
Automatic payment and Internet Banking reversal $15
Stop or unstop a cheque $15
Special answer Same day $30, next day $25
Same day cleared payment $15
Cheque and direct credit traces $15
Searches $60.00 per hour
Cash card replacement $10
Cash handling Notes - First $2,000 is free
then $2.50 charge
for each $1,000.
Coin - First $100 is free then a $2.50
charge for each $100 of coin deposited.
Bulk cheque deposits First cheque free then $0.30 per cheque.
Manual wage schedule $15

(Apply to all accounts)

ATM withdrawals NZ $6
ATM balances Maximum NZ $0.75
  • No Fees
  • A Term Deposit is a fixed term investment, and while you do not have a right to withdraw your investment before maturity, we understand that people’s circumstances do change. Heartland Bank will consider, but is not obliged to accept, written requests for early repayment in certain circumstances such as (and without limitation) the death of an investor or unforeseen financial hardship. If Heartland Bank agrees to make an early repayment the interest rate payable in respect of the Deposit may be reduced by up to 3% per annum (calculated across the term of the investment). Any tax that has already been paid on interest earned cannot be refunded back to you and tax must be claimed from the IRD directly

Heartland Savings Fees

Electronic and counter transactions (ATM, EFTPOS, transactions, counter withdrawals) 1 free counter and 4 free electronic transactions each month then $5
Bank cheques $3
Transfers between Heartland accounts Free

Heartland Savings Optimiser

No fees are payable on the Heartland Savings Optimiser account subject to a minimum notice period of 30 days. For withdrawals without the required notice, a fee will be payable of 3% of the total funds withdrawn subject to a minimum fee of $30 and a maximum fee of $150

Personal customers
Balances under $4,999 Balances over $4,999 Balances over $50,000

Monthly Base Fee

$2.50 Free 2 Free 2

Transaction Fees

ATM transactions
(including balance enquiries)
$0.75 First 10 free each month then $0.75 Free 2
Other transactions
(e.g. EFTPOS, direct debits, automatic payments, bill payments, counter withdrawals, personal cheques)
$0.30 First 25 free each month then $0.30 Free 2
Bank cheques $3
Transfers between Heartland accounts Free

Overdraft Fees (if applicable)

Documented overdraft application $500
Temporary overdraft 
(1 month or less)
$100
Unarranged overdraft
(if account is overdrawn by more than the arranged limit at end of the month)
$25
Monthly overdraft management fee 1.44% p.a. of arranged limit (except for Revolving Credit Accounts which have no monthly management fee)

Seniors and Juniors

Superannuitants1 Balances over $4,999 Balances over $50,000
Monthly Base Fee $2.50 Free 2 Free 2

Transaction Fees

ATM transactions
(including balance enquiries)
$0.75 First 10 free each month then $0.75 Free 2
Other transactions
(e.g. EFTPOS, direct debits, automatic payments, bill payments, counter withdrawals, personal cheques)
$0.30 First 25 free each month then $0.30 Free 2
Bank cheques $3
Internal transfers between Free

Overdraft Fees (if applicable)

Documented overdraft application $500
Temporary overdraft 
(1 month or less)
$100
Unarranged overdraft
(if account is overdrawn by more than the arranged limit at end of the month)
$25
Monthly overdraft management fee 1.44% p.a. of arranged limit (except for Revolving Credit Accounts which have no monthly management fee)

Business Type

Balances under $4,999 Balances over $4,999 Balances over $50,000

Monthly Base Fee

$2.50 Free 2 Free 2

Transaction Fees

ATM transactions
(including balance enquiries)
$0.75 First 10 free each month then $0.75 Free 2
Other transactions
(e.g. EFTPOS, direct debits, automatic payments, bill payments, counter withdrawals, personal cheques)
$0.30 First 25 free each month then $0.30 Free 2
Bank cheques $3
Internal transfers between accounts Free

Overdraft Fees (if applicable)

Documented overdraft application $500
Temporary overdraft 
(1 month or less)
$100
Unarranged overdraft
(if account is overdrawn by more than the arranged limit at end of the month)
$25
Monthly overdraft management fee 1.44% p.a. of arranged limit (except for Revolving Credit Accounts which have no monthly management fee)
  1. Superannuitants who have their NZ Superannuation direct credited into their Heartland Everyday Account.
  2. Fee reductions for Personal customers are based on the total balance across all accounts a customer holds with Heartland Bank. Fee reductions are only applied to one Heartland Everyday Account per customer.