Heartland Bank
MySavings account
Our MySavings account offers you the freedom of no minimum balance, no account keeping or transaction fees and no minimum monthly deposit requirements.
Savings & transaction accountsBank updated 13 Mar 2026
At a glance
- Base rate
- 1.50%
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable$0 to $300,000 | — | — | up to $300,000 | 4.55% | — | paid every 1 mo; Your daily balance determines which interest rate tier applies. If your balance moves to a different tier, the applicable interest rate will apply to your entire balance for that day - not just the p…; Tier1 |
| VariableTier3 | — | — | $2,000,000+ | 1.50% | — | paid every 1 mo; Your daily balance determines which interest rate tier applies. If your balance moves to a different tier, the applicable interest rate will apply to your entire balance for that day - not just the p…; GREATOR THAN 2,000,000 |
| VariableTIER2 | — | — | $300,000–$2,000,000 | 4.55% | — | paid every 1 mo; Your daily balance determines which interest rate tier applies. If your balance moves to a different tier, the applicable interest rate will apply to your entire balance for that day - not just the p…; 300,000.01 TO 2,000,000 |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Audit certificate | Event | $35 | — | Fee charged for Audit Certificates. |
| Dishonour fee | Event | $10 | — | Dishonour fee charged on Pay anyone, or BPAY dishonours. |
| Overdrawn account | Event | $10 | — | Fee charged on overdrawn accounts (per occurrence). |
| Statement reissue | Event | $5 | — | Fee charged when statement is reissued on behalf of customers by us. Fee charged per statement reissue. |
| Voucher retrieval | Event | Varies | — | Fee charged for voucher/information retrieval by us. |
| Periodical payment - Branch assisted | Payment | $5 | — | Fee charged when periodical Pay anyone or BPAY payments are made on behalf of customers by us. Fee charged per transaction. |
| Electronic transfer - Branch assisted | Transaction | $10 | — | Fee charged when one-off Pay anyone, BPAY, or transfers are made on behalf of customers by us. |
§ 03 — Features
Digital bankingUnlimited transactions
§ 04 — Eligibility & limits
- · Minimum age 14
- · Residency: To open an account, you must be solely a tax resident of Australia.
- · To open an account, you must be an existing customer with a valid email address and an Australian mobile number.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Heartland under the Consumer Data Right, last changed by them on 13 Mar 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.