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Interest Rates

Rates are current as at Tuesday, 14 October 2025. All rates are subject to change without notice.

Notice the savings

32 DAY NOTICE SAVER
3.15
%
p.a.
90 DAY NOTICE SAVER
3.50
%
p.a.

Call and Savings account interest rates (paid monthly)

Call Accounts Interest rate
Digital Saver 2.75% p.a.
Direct Call Account 2.25% p.a.
Business Call Account 2.25% p.a.
Cash PIE 2.75% p.a.
Savings accounts Interest rate
32 Day Notice Saver 3.15% p.a.
90 Day Notice Saver 3.50% p.a.

Term Deposit and Term PIE interest rates

Term Interest rate Interest frequency* Term PIE available?
1 month 2.00% p.a. on maturity No
2 months 2.25% p.a. on maturity No
3 months 3.30% p.a. 3 monthly Yes
4 months 3.35% p.a. 3 monthly Yes
5 months 3.55% p.a. 3 monthly Yes
6 months 3.75% p.a. 3 monthly Yes
9 months 3.65% p.a. 3 monthly Yes
12 months 3.65% p.a. 3 monthly Yes
15 months 3.65% p.a. 3 monthly Yes
18 months 3.65% p.a. 3 monthly Yes
2 years 3.70% p.a. 3 monthly Yes
3 years 3.90% p.a. 3 monthly Yes
4 years 4.05% p.a. 3 monthly Yes
5 years 4.15% p.a. 3 monthly Yes
* Term PIE is available with quarterly interest only. For standard Term Deposits with terms of 12 months or longer and a minimum deposit of $50,000, interest can be directed credited to a bank account monthly.

Transactional account interest rates (paid monthly)

YouChoose* Interest rate
YouChoose Account 0.50% p.a.
Overdraft rate 10% p.a.
* View our YouChoose Rates, Fees, and Terms here
Everyday Account (personal customers) Interest rate
Up to $10,000 0.05% p.a.
$10,000 to $49,999 0.10% p.a.
$50,000 to $99,999 0.10% p.a.
$100,000 to $249,999 0.15% p.a.
$250,000 + 0.20% p.a.
Child & Teen - available to depositors under the age of 21 Interest rate
All deposits 0.50% p.a.
Community - available to clubs groups and organisations that qualify for non-profit status Interest rate
Up to $5,000 0.10% p.a.
$5,000 + 0.50% p.a.

What you need to know

  • These rates are subject to change without notice. Minimum term deposit investment $1,000. Maximum $5,000,000.
  • 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.
  • For further details about Heartland Deposits see Heartland Bank's Disclosure Statement and Product Fact Sheets that are available here or by calling 0800 85 20 20.
  • Savings and transactional interest rates apply to the full daily account balance and interest is credited monthly.
  • For details of the Heartland Term and Cash PIE Fund offer refer to the current Heartland Term and Cash PIE Fund Product Fact Sheet. Call 0800 85 20 20 or click here to obtain a copy.

  • 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.
Rates are subject to change. Terms and conditions are available here.

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