Heritage Bank Term Deposit

Rates

• 1 month

  1.80% p.a. ($1,000+)

• 2 months

  2.00% p.a. ($1,000+)

• 3 months

  2.30% p.a. ($1,000+)

• 4 months

  2.30% p.a. ($1,000+)

• 5 months

  2.45% p.a. ($1,000+)

• 6 months

  2.30% p.a. ($1,000+)

• 7 months

  2.30% p.a. ($1,000+)

• 8 months

  2.30% p.a. ($1,000+)

• 9 months

  2.30% p.a. ($1,000+)

• 10 months

  2.30% p.a. ($1,000+)

• 11 months

  2.30% p.a. ($1,000+)

• 1 year

  2.35% p.a. ($1,000+)

• 2 years

  2.40% p.a. ($1,000+)

• 3 years

  2.40% p.a. ($1,000+)

• 4 years

  2.50% p.a. ($1,000+)

• 5 years

  2.50% p.a. ($1,000+)

Other financial bits

• Minimum deposit

  $1,000.00

• Maximum deposit

  none

Features

• Interest payment options

  direct credit, cheque

• Interest paid to another bank?

  no

• Automatic rollover

  yes

• Other restrictions

  31 days notice required if customers want to withdraw their funds before the maturity date.

• Other benefits

  Interest paid up front available on terms up to 12 months with deduction of 0.15% p.a from listed interest rates.