Heritage
Term Deposit
Let us help you reach your investment goals sooner with a high interest term deposit.
Term depositsBank updated 23 Sept 2026
At a glance
- Best rate
- 5.45% for 7m
- 12 months
- 5.20%
- Min deposit
- $1,000
§ 01 — Rates · 21
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedA reduced rate of interest will be paid for early maturity. | — | 1 mo | $1,000+ | 2.25% | — | paid at maturity; paid every 1 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 10 mo | $1,000+ | 4.50% | — | paid at maturity; paid every 10 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 11 mo | $1,000+ | 4.50% | — | paid at maturity; paid every 11 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 1 yr | $1,000+ | 5.10% | — | paid every 1 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 1 yr | $1,000+ | 5.20% | — | paid at maturity; paid every 1 yr |
| FixedA reduced rate of interest will be paid for early maturity. | — | 2 mo | $1,000+ | 3.00% | — | paid at maturity; paid every 2 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 2 yrs | $1,000+ | 5.15% | — | paid every 1 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 2 yrs | $1,000+ | 5.25% | — | paid every 1 yr |
| FixedA reduced rate of interest will be paid for early maturity. | — | 3 mo | $1,000+ | 4.00% | — | paid at maturity; paid every 3 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 3 yrs | $1,000+ | 5.15% | — | paid every 1 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 3 yrs | $1,000+ | 5.25% | — | paid every 1 yr |
| FixedA reduced rate of interest will be paid for early maturity. | — | 4 mo | $1,000+ | 4.85% | — | paid at maturity; paid every 4 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 4 yrs | $1,000+ | 5.15% | — | paid every 1 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 4 yrs | $1,000+ | 5.25% | — | paid every 1 yr |
| FixedA reduced rate of interest will be paid for early maturity. | — | 5 mo | $1,000+ | 4.00% | — | paid at maturity; paid every 5 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 6 mo | $1,000+ | 5.00% | — | paid at maturity; paid every 6 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 5 yrs | $1,000+ | 5.15% | — | paid every 1 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 5 yrs | $1,000+ | 5.25% | — | paid every 1 yr |
| FixedA reduced rate of interest will be paid for early maturity. | — | 7 mo | $1,000+ | 5.45% | — | paid at maturity; paid every 7 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 8 mo | $1,000+ | 4.50% | — | paid at maturity; paid every 8 mo |
| FixedA reduced rate of interest will be paid for early maturity. | — | 9 mo | $1,000+ | 5.10% | — | paid at maturity; paid every 9 mo |
§ 03 — Features
Digital bankingHeritage Credits is Heritage's loyalty program
- · Government Deposit Guarantee
- · SMS Services
- · If you need to withdraw your Term Deposit before it matures you may need to give us 31 days notice.
§ 04 — Eligibility & limits
- · Minimum balance $1,000
- · Opening balance $1,000
§ 05 — Compare
§ 06 — Run the numbers
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Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 23 Sept 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.