Switch To Heritage

Now is a great time to switch

Our customers are important to us and we go to great lengths to help them save money. You can open an account online right now and be banking with Heritage in minutes – OR, visit one of our 64 branches and mini branches around Queensland. 

Whether you’re looking for a value-packed everyday transaction account that can save you money, or a savings account to help get you closer to your goal, Heritage can help. Open one of our four most popular transaction and savings accounts, or you can read more and compare all 12 of our personal bank accounts here.

 

Simply Access

An everyday transaction account designed for day-to-day use.

Online Saver

For serious savers, this online only account has a high interest rate.

Target Bonus

A savings account that encourages you to save and rewards you when you do.

Money Manager

An access and term investment account combined into one.

Switch your direct debit and credit details over with one form

Heritage’s ‘Tick and Flick’ process allows you to begin switching over all your direct debits and credits with one simple form. Once you’ve opened an account, download the Switch form, fill out your details, email it back to switch@heritage.com.au and we’ll help you take care of the rest.

How does it work? The ‘Switch of Regular Payments Arrangements’ form tells your old bank to give Heritage a list of your regular payments. We give the form to your old bank (so you don't even have to talk to them) and they give us the list back within five days. We then confirm which payments you want to switch over and send the revised list back to your old bank. Your old bank will then provide your new Heritage bank account details to organisations on your behalf.

Other handy forms to help you switch

To help you move your existing direct credit or direct debit authorities to Heritage yourself, we have developed a simple letter generator. Fill out your details in the online letters below then choose “Create Letter”. A letter will automatically generate that you can print and send to third parties to advise of your new Heritage account details.

What you'll need:

  • Your new Heritage account details
  • Details of your regular direct debits and credits
  • Your old account details

Direct Credit Letter

Advise a third party of your new account details so that funds can be credited into your account eg. Share dividends

Direct Debit Letter

Advise a third party of your new account details so that funds can be debited from your account eg. Monthly insurance.

Salary Crediting Letter

Advise your employer of your new account details for salary crediting, it's easy and will only take 5 minutes.

* 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.

Conditions, criteria and fees apply. Please consider the Guide to Heritage Deposit Products (available in-branch, by phoning 13 14 22 or here) before you decide whether this product is right for you. Terms and conditions for this competition can be found here.