Term Deposits

At Heritage we put People first with some of the best term deposit rates around. Whatever your investment goals, Heritage will help you get there sooner with a high interest term deposit.

A Heritage term deposit can help you reach your saving goals faster. Our guaranteed fixed interest rates for a nominated term means you know exactly what your investment is worth.

These popular term deposits might suit you

Term

$1,000-$4,999

$5,000 or more

Interest Paid

1 Month

TD1.1

TD1.2

At maturity

2 Months

TD2.1

TD2.2

At maturity

3 Months

TD3.1

TD3.2

At maturity

4 Months

TD4.1

TD4.2

At maturity

5 Months

TD5.1

TD5.2

At maturity

6 Months

TD6.1

TD6.2

At maturity

7 Months

TD7.1

TD7.2

At maturity

8 Months

TD8.1

TD8.2

At maturity

9 Months

TD9.1

TD9.2

At maturity

10 Months

TD10.1

TD10.4

At maturity

11 Months

TD11.1

TD11.2

At maturity

12 Months

TD12.1

TD12.2

At maturity

24 Months

TD24.1

TD24.2

Yearly

36 Months

TD36.1

TD36.2

Yearly

48 Months

TD48.1

TD48.2

Yearly

60 Months

TD60.1

TD60.2

Yearly

Rates effective from TermDeposits and subject to change without notice. All rates shown are on a per annum basis.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

Promotional term deposit rate. Heritage sometimes offers term deposits which are priced higher than our standard term deposit. Because these term deposits often automatically renew at maturity for the same period but at a different interest rate, there is a risk you may move from a high to a low interest rate. 

Rates quoted are for terms expressed in months only. The number of days in the term will vary depending on the lodgement date. Please ask out for interest applicable if you wish to choose a term in days or nominate a particular maturity date.

You can change your instructions before the maturity date or within seven days after the maturity date by giving us further recognised instructions.

Interest rates are on a per annum basis and are correct as stated but subject to change without notice. Interest is calculated on daily balances.

Any conditions listed are a summary only and are subject to change. Please consider the Guide to Heritage Deposit Products before you decide whether this product is right for you.

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.

* 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.