Heritage Bank

Term Deposits

Heritage is Australia's largest member-owned bank. With a history going back to 1875, we've always been in the business of helping Australians realise their financial dreams and enrich their lives. What's the difference between a bank and a member-owned bank? We're independent - owned by our members, not shareholders. So instead of pursuing massive profits, our focus is on putting People first.

All rates are based on a balance of $50000 for a term of 12 months.
Company Heritage Bank
Nominal Rate 3.8%
Effective Rate 3.84%
Payment Frequency At Maturity
Partial Withdrawal Penalty No
Compounding Interest No

Product Features

Can the institution send an email to you on maturity?
Can the institution call you on maturity?
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Whether the interest dividend can be paid into an account held with another financial instituion

These 12 month term deposits are ranked by nominal interest rate on a balance of $50,000.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.

Find out more about our information service