Terms & Conditions

Deposit Products
Deposit Products

Fees, charges and conditions of use related to savings and transaction accounts, business account and term deposits.

Credit Products
Credit Products

Fees, charges and conditions of use related to all credit products, including credit cards and overdraft products.

Member Referral
Refer a Friend

Find another reason to love Heritage, when you refer a family member, colleague or friends to us, you can both go into the draw to win a $1,000 gift card!. And if your friend gets a Home Loan in the first three months of joining, you can both receive a $250 gift card.

Terms of Use - Heritage Bank Social Media
Social Media Terms of Use
Limited Time Offers and Competitions
Limited Time Offers & Competitions

First Home Buyers $2000 Cashback Offer Terms & Conditions  

To be eligible for the $2000 Cashback for First Home Buyers with Lenders Mortgage Insurance, applicants needed to meet the qualifying criteria below.

  1. Be an Eligible First Home Buyer
  2. Apply for an an Eligible Home Loan Type between 1 October 2020 and 5 February 2021~ and let us know that they were a First Home Buyer.
  3. Open a Heritage Simply Access Account or Mortgage Crusher transaction account.
  4. Have their Eligible Home Loan settle before 30 April 2021.

Eligible First Home Buyer

To be an Eligible First Home Buyer you must:

  • Borrow $250,000 or more to purchase your first home, either as an owner occupied or investment home; and
  • Have a Loan to Value ratio of 80% or more requiring you to pay Lender's Mortgage Insurance; and
  • Be qualified as a First Home Buyer under one of these two criteria:
  1. Be an eligible recipient of a government First Home Owner Grant and/or first home stamp duty concession in your state or territory OR
  2. Be purchasing your first home in Australia for investment purposes.

On joint loans, all applicants must be an Eligible First Home Buyer.

Eligible Home Loan Types

Eligible Home Loan Types are any of the following owner occupied or investment home loans used to purchase a home or build a new property, where Lender's Mortgage Insurance is included in your application: 

  • Discount Variable
  • Standard Variable
  • Fixed Rate
  • Home Advantage Package eligible loans
  • Offer excludes Bridging Loans and Line of Credit.

Cashback Payment

If you qualify for the cashback, it will be paid to your Heritage transaction account held under the same membership as your Eligible Home Loan funded, within 60 days after settlement of your Eligible Home Loan.

  • Payments will not be made to another Financial Institution or other product types with Heritage Bank. 
  • Cashback offer will be paid once only per application, including multiple loans taken out over the same security.

~Information correct as at 1 October 2020 and subject to change without notice.

Heritage Bank Smarhome Insurance Package Winner

D. Galbraith, Boggabri NSW