People First and Heritage Bank
Every product People First and Heritage Bank publishes under the Consumer Data Right, with its rates set beside every other bank's. It last changed one on 1 Nov 2026.
- Deposits are covered by the government's Financial Claims Scheme up to $250,000 per account holder, one cap shared with Heritage Bank and People's Choice Credit Union under the same banking licence. Who shares a cap
- Australian credit licence and AFS licence 244310, held by Heritage and People's Choice Limited; credit licence since 1 January 2011. Complaints it can't resolve go to the Australian Financial Complaints Authority (AFCA). ASIC register
41 products in 5 categories
People First and Heritage Bank's rates today
People First and Heritage Bank's best rate in each category, next to the best you'll find anywhere and the typical institution's best, as of 7 November 2026. Only products anyone can apply for are counted.
Where People First and Heritage Bank sits among every institution's best
| Rate | People First and Heritage Bank | Best anywhere | Typical institution |
|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.34%Discount Variable - Owner Occupied | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions |
| 3-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.54%Standard Fixed Rate Home Loans - Owner Occupied | 6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package | 6.69%of 80 institutions |
| Savings accountBase plus any bonus, when its conditions are met | 5.55%Dream Fund | 5.75%Defence Bank Limited's iSaver | 4.85%of 73 institutions |
| 12-month term depositBest rate for a 12-month term | 5.20%Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 6.49%Discounted Personal Loan | 5.80%Plenti Personal Loan | 7.96%of 68 institutions |
| Credit card purchase rateOngoing purchase rate, not introductory offers | 12.95%Visa Credit Card | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions |
| Business savings accountEach institution's best interest-paying business account, base plus any bonus | 1.60%Community and Business Saver | 5.40%Great Southern Bank Business+'s Business+ Saver | 0.55%of 34 institutions |
| Business credit card purchase rateOngoing purchase rate, not introductory offers | 10.65%Secured Business Visa Credit Card | 6.96%Greater Bank's Business Visa Credit Card | 13.49%of 14 institutions |
People First and Heritage Bank home loan repayments
Repayments at People First and Heritage Bank's lowest published rate for each loan type: owner occupier at 80% LVR unless marked investor, principal and interest, products open to anyone.
- 6.34%6.35% comparison$3,729a month
$742,618 in interest, $1,342,618 repaid in all
- 1-year fixedStandard Fixed Rate Home Loans - Owner Occupied6.49%8.78% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
- 2-year fixedStandard Fixed Rate Home Loans - Owner Occupied6.54%8.54% comparison$3,808a month
$770,954 in interest, $1,370,954 repaid in all
- 3-year fixedStandard Fixed Rate Home Loans - Owner Occupied6.54%8.32% comparison$3,808a month
$770,954 in interest, $1,370,954 repaid in all
- 5-year fixedStandard Fixed Rate Home Loans - Owner Occupied6.54%7.95% comparison$3,808a month
$770,954 in interest, $1,370,954 repaid in all
- Investor variableDiscount Variable - Investment6.49%6.49% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
Principal and interest, monthly, as if the rate held for the whole term: a fixed rate reverts to a variable one when the fixed period ends. Fees, offsets and extra repayments aren't included; the repayment calculator handles those. Not People First and Heritage Bank's own calculator: confirm the rate with People First and Heritage Bank before you apply.
People First and Heritage Bank home loan rates
Compare across banks18 products
Its lowest owner-occupier variable home loan rate (principal and interest, 80% LVR) is 6.34%, with a comparison rate of 6.35%, on its Discount Variable - Owner Occupied: 39th lowest of 104 lenders, level with 10 others.
- Basic Variable Home Construction
- Variable (owner occ. P&I)
- 8.43%, 8.43% comparison
- Max LVR
- 95%
- Features
- offset, extra repayments
- Basic Variable Home Loan
- Variable (owner occ. P&I)
- 8.43%, 8.43% comparison
- Max LVR
- 95%
- Features
- offset, redraw, extra repayments
- Basic Variable Investment Construction
- Variable (investor P&I)
- 9.08%
- Max LVR
- 90%
- Features
- offset, extra repayments
- Basic Variable Investment Construction - IO
- Max LVR
- 80%
- Features
- offset, extra repayments
- Basic Variable Investment Loan
- Variable (investor P&I)
- 9.08%
- Max LVR
- 90%
- Features
- offset, redraw, extra repayments
- Basic Variable Investment Loan - Interest Only
- Max LVR
- 80%
- Features
- offset, redraw, extra repayments
- Discount Variable - Investment
- Variable (investor P&I)
- 6.39%
- Max LVR
- 95%
- Features
- redraw, extra repayments
- Discount Variable - Owner Occupied
- Variable (owner occ. P&I)
- 6.24%, 6.25% comparison
- Max LVR
- 95%
- Features
- redraw, extra repayments
- Fee Assistance Loan - Sub
- Variable (owner occ. P&I)
- 0.00%
- Features
- extra repayments
- Fixed Home Loan
- Fixed
- 1 yr 6.89%, 2 yrs 6.94%, 3 yrs 6.84%, 4 yrs 6.94%, 5 yrs 6.94%
- Max LVR
- 95%
- Features
- redraw, extra repayments
- Fixed Investment Loan
- Max LVR
- 90%
- Features
- redraw, extra repayments
- Fixed Investment Loan - Interest Only
- Max LVR
- 80%
- Features
- redraw, extra repayments
- Home Build Access (HBA) Deposit Assist Loan
- Variable (owner occ. P&I)
- 9.01%, 9.07% comparison
- Max LVR
- 10%
- Features
- extra repayments
- Home Build Access (HBA) Low Deposit
- Variable (owner occ. P&I)
- 9.01%, 9.07% comparison
- Max LVR
- 17.5%
- Features
- extra repayments
- Home Build Access (HBA) SIL
- Variable (owner occ. P&I)
- 9.05%
- Max LVR
- 98%
- Features
- extra repayments
- Staff Home Loan
- Variable (owner occ. P&I)
- 8.18%
- Max LVR
- 95%
- Annual fee
- $96
- Standard Fixed Rate Home Loans - Investment
- Max LVR
- 90%
- Annual fee
- $96
- Features
- redraw, extra repayments
- Standard Fixed Rate Home Loans - Owner Occupied
- Fixed
- 1 yr 6.49%, 2 yrs 6.54%, 3 yrs 6.54%, 5 yrs 6.54%
- Max LVR
- 95%
- Annual fee
- $96
People First and Heritage Bank savings and transaction account rates
Compare across banks12 products
Its highest savings rate is up to 5.55% (0.01% base plus a 5.54% bonus when its conditions are met), on its Dream Fund: 6th highest of 84 institutions.
- Business Access Account
- Base rate
- 0.01%
- Community and Business Access
- Pricing
- Rates on application
- Community and Business Saver
- Base rate
- 1.60%
- Dream Fund
- Base rate
- 0.01%
- Bonus rate
- 5.54%
- Up to
- 5.55%
- Everyday Account
- Pricing
- Rates on application
- Mortgage crusher
- Pricing
- Rates on application
- Offset
- Pricing
- Rates on application
- Monthly fee
- $6
- Online Saver Account
- Base rate
- 3.45%
- Bonus rate
- 1.40%
- Up to
- 4.85%
- Simply Access Transaction Account
- Base rate
- 0.01%
- Target Bonus Account
- Base rate
- 0.01%
- Bonus rate
- 4.49%
- Up to
- 4.50%
- Youth Simply Access Transaction Account
- Base rate
- 0.01%
- Youth Target Bonus Account
- Base rate
- 0.01%
- Bonus rate
- 4.49%
- Up to
- 4.50%
People First and Heritage Bank term deposit rates
Compare across banks2 products
Its highest 12-month term deposit rate is 5.20%, on its Term Deposit: 47th highest of 65 institutions, level with 5 others.
| Rate | People First and Heritage Bank | Best anywhere | Typical institution |
|---|---|---|---|
| 3-month term depositBest rate for 3 months | 4.00%Term Deposit | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions |
| 6-month term depositBest rate for 6 months | 5.00%Term Deposit | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions |
| 12-month term depositBest rate for 12 months | 5.20%Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| 2-year term depositBest rate for 2 years | 5.25%Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions |
| 3-year term depositBest rate for 3 years | 5.25%Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions |
| 5-year term depositBest rate for 5 years | 5.25%Term Deposit | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions |
People First and Heritage Bank credit card rates
Compare across banks3 products
Its lowest credit card purchase rate is 12.95%, on its Visa Credit Card: 27th lowest of 51 card issuers, level with one other.
People First and Heritage Bank personal loan rates
Compare across banks6 products
Its lowest advertised personal loan rate is 6.49% fixed, with a comparison rate of 6.84%, on its Car Loan: 18th lowest of 69 lenders, level with 6 others.
- Car Loan
- Fixed
- 6.49%, 6.84% comparison
- Loan size
- $20,000 to no maximum
- Upfront fee
- $250
- Discounted Personal Loan
- Fixed
- 6.49%, 6.84% comparison
- Loan size
- $20,000 to no maximum
- Upfront fee
- $250
- Green Car Loan
- Fixed
- 5.99%, 6.34% comparison
- Loan size
- $20,000 to no maximum
- Upfront fee
- $250
- Staff Personal Loan
- Fixed
- 8.27%
- Loan size
- $2,000 to no maximum
- Upfront fee
- $250
- Standard Personal Loan Fixed
- Fixed
- 8.99%, 9.35% comparison
- Loan size
- $5,000 to no maximum
- Upfront fee
- $250
- Unsecured Personal Loan
- Fixed
- 8.99%, 10.73% comparison
- Loan size
- $2,000 to no maximum
- Upfront fee
- $250
Has People First and Heritage Bank passed on the RBA's November 2026 rate rise?
People First and Heritage Bank hasn't changed its published variable home loan rates since the RBA's 4 Nov 2026 rise.
Its published savings rates haven't moved since the RBA's 4 Nov 2026 rise.
Sun 1 Nov
People First and Heritage Bank lifted 5 savings rates by 0.25 percentage points.
0.25- Online Saver Account (1 rate)
- Youth Target Bonus Account (1 rate)
- Community and Business Saver (2 rates)
- Target Bonus Account (1 rate)
Tue 13 Oct
People First and Heritage Bank lifted 32 variable home loan rates by 0.25 percentage points.
0.25- Basic Variable Home Loan (1 rate)
- Home Build Access (HBA) Deposit Assist Loan (1 rate)
- Basic Variable Home Construction (1 rate)
- Basic Variable Investment Loan (1 rate)
- Staff Home Loan (1 rate)
- Discount Variable - Investment (14 rates)
- Basic Variable Investment Construction (1 rate)
- Basic Variable Investment Loan - Interest Only (1 rate)
- Discount Variable - Owner Occupied (9 rates)
- Home Build Access (HBA) Low Deposit (1 rate)
- and 1 more
Fri 9 Oct
People First and Heritage Bank lifted 1 variable home loan rate by 0.25 percentage points.
0.25
Thu 1 Oct
People First and Heritage Bank lifted 2 savings rates by 0.25 to 0.40 percentage points.
0.25 to 0.40
Wed 23 Sep
People First and Heritage Bank lifted 26 fixed home loan rates by 0.15 to 0.30 percentage points.
0.15 to 0.30- Fixed Investment Loan - Interest Only (5 rates)
- Standard Fixed Rate Home Loans - Owner Occupied (4 rates)
- Fixed Home Loan (4 rates)
- Fixed Investment Loan (5 rates)
- Standard Fixed Rate Home Loans - Investment (8 rates)
People First and Heritage Bank lifted 18 term deposit rates by 0.10 to 0.50 percentage points.
0.10 to 0.50- Term Deposit (9 rates)
- Term Deposit (9 rates)
Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 1 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.