27 June 2023
Heritage has again lifted interest paid on a wide range of savings products and term deposits, following the Reserve Bank’s latest decision to lift the official cash rate.
Increases up to the full 0.25% has been passed on to our most popular savings accounts:
At the same time, Heritage has also increased or maintained rates on all term deposit products from 1-month to 5-year terms. These include:
All changes for term deposits come into effect on 23 June 2023, with changes to savings accounts effective from 1 July 2023.
For any member feeling financial pressure, we have a range of policies and processes to assist. To find out more, please click here.