Online Saver Account
Manage your savings online with our high interest savings account.
At a glance
- Up to
- 4.85%
- Base rate
- 3.45%
- Bonus rate
- 1.40%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 4.85% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 36th highest of 51, level with one other |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 3.45% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | Highest of 43 |
Rates
Every rate Heritage publishes for this account, 2 in all.
How the rate is made up
4.85%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | $1–$100,000 | 1.40% | - | paid every 1 mo; Bonus Promotional 4 month rate on new accounts up to $100,000 |
| Variable | - | - | $1+ | 3.45% | - | paid every 1 mo |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 1 Nov 2026 | Variable, $1+ | 3.20% | 3.45% | up 0.25 |
Each change is logged the night it appears in the rates People First and Heritage Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
13 fees published, grouped by when they're charged.
When you make a transaction2
- Payroll Processing$0.50
- RTGS payment/transfer to your account$10
When particular things happen10
- Business internet banking security token
Including replacement security tokens
$50 - Direct Debit Dishonour Fee$10
- Document/Record search fee
For record searches, traces, supplying copy of details of transactions (including Visa card transaction slips) at your request on your account
$12 - Heritage Online Business internet Banking - Account Reconciliation$0.05
- Heritage Online Business internet Banking - Payroll and creditor batch payments - for each payment in a batch$0.05
- Inactive Account Administration Fee$20
- Overdraft Reference Fee$10
- SMS Services$0.25
- Statements
For the second and subsequent statement issued during a month, or when a statement is issued on your account at your request at any time before the next statement issuing due date
$1 - Transaction listing
When a transaction listing between two given dates is issued on your account
$5
Other fees1
- Paper Based Statement Fee
Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge.
$3
Features
- Electronic or Physical statements provided
- Scheduled, periodic payments available
- Direct debit facility available
- Bonus interest introductory offer
- SMS services available
Eligibility and limits
- Minimum balance $1
- Opening balance $1
- You need to be a registered user of Heritage Online.
Compare it with others
Put this product through a calculator
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.