Interest rates

Congratulations! You've found some of the best interest rates around

Our customers are the most important thing to us and we do everything we can to help them save money. Because we offer some of the most competitive personal and business interest rates going around, you’ll wonder why you hadn’t visited us sooner!

Personal Interest Rates

From Credit Cards to Home Loans, we’ve got great interest rates across all of our personal products. Take a look below and find out how much money you could be saving.

Business Banking

Our customers deal personally with our Business Banking specialists who will discuss your needs and help find ways to lower your banking costs. From Business Cheque Accounts to Loans and Term Deposits we’ve got your business covered.

Meet Phil and Annette

Phil and Annette are saving thousands of dollars on their Home Loan with Heritage Bank.


Should I fix my interest rate, or keep it variable?

There are lots of things to consider when buying a house or looking at refinancing and you might be asking yourself, should I fix my home loan or not? We’ve found a great article on the Australian Securities & Investment Commission’s (ASIC) MoneySmart website about just this. Be in-the-know and check it out for yourself now.

What is a comparison rate?

A personal loan or home loan is a big commitment and to ensure you are getting the best deal it is important to understand what different interest rates mean. Many people do not understand the importance of looking at the comparison rate when researching the cost of a home loan or personal loan.

The Australian Securities & Investment Commission (ASIC) understands it is difficult to compare home loans that have different interest rates and fees and this is why credit providers must give a comparison rate when they advertise a rate or a weekly payment for home or personal loans. The comparison rate includes the interest rate or weekly repayment amount, plus most fees and charges.

Interest rates determine the cost of your home or personal loan and what you pay each month – Even the smallest difference in an interest rate can make a big difference to your loan repayments. For more information about our interest rates and products phone our Queensland based Contact Centre on 13 14 22 or drop into your local Heritage Bank branch.

You can find out more information about types of interest rates, including variable, fixed, partially-fixed and introductory rates on the ASIC MoneySmart website.


* Home loan comparison rate based on a $150,000 loan over 25 years.  Fixed loan comparison rate applies only for loans with an LVR of 80% or less and a loan amount of $150,000 to $249,999.  WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Interest rates are on a per annum basis. Rates are correct as stated and subject to change without notice. Rates shown are for new loans and do not apply to switches or internal refinances.

Home Advantage Variable rates include discounts shown from the Standard Variable rate. Home Advantage Living Equity rates include discounts from the Living Equity rate. Discounts are based on total lending in the package. Discount Variable LVR rates are for new lending and include discounts from the Discount Variable Loan Rate.  Discounts are not available in conjunction with any other interest rate discount or special offer. All fixed rates are fixed for the period stated and revert to the variable rate applying at expiration of the fixed term. To approved applicants only. Conditions, criteria and fees apply.

Loan to Value Ratio (LVR) is the loan amount divided by the value of your security property (determined by Heritage Bank at assessment), multiplied by 100. Owner Occupied loans have a maximum LVR of 95%, Investment loans have a maximum LVR of 80% and Living Equity has a maximum LVR of 80%. Heritage is not accepting any new investment applications until further notice.

This advice has been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs.

Generate a personalised Key Fact Sheet based on your loan amount, term and repayments. This tool is provided to help you compare home loans from Heritage with other financial institutions.