Heritage Bank Term Deposit
![Heritage Bank Term Deposit](https://www.finder.com.au/niche-builder/5e97ec808312f.png)
- Interest rate 6 months interest rate
- Up to 4.9% p.a.
- Minimum opening deposit
- $1,000
- Account keeping fee
- $0
Summary
Invest from as little as $1,000 with some of the best term deposit rates in the market.
The Heritage Bank term deposit guarantees a fixed interest rate so you know what your investment is worth. You can invest from as little as $1,000. You can choose to have your interest paid on maturity, up-front, fortnightly (for aged pension receivers), monthly, quarterly, half-yearly or yearly.
Pros
-
Low minimum investment of $1,000
-
$0 Account keeping fees
-
Wide ranges of terms from from 1 month to 5 years
Cons
-
A reduced interest rate will apply if you withdraw a portion or all of your investment before maturity
Details
Key details
Product Name | Heritage Bank Term Deposit |
3 month interest rate | 3.95% |
4 month interest rate | 3.60% |
6 month interest rate | 4.90% |
7 month interest rate | 3.95% |
9 month interest rate | 4.70% |
12 month interest rate | 4.75% |
24 month interest rate | 4.20% |
36 month interest rate | 4.00% |
48 month interest rate | 4.00% |
60 month interest rate | 4.00% |
Minimum Opening Deposit | $1,000 |
Minimum age requirement | 18 |
Government guarantee | Yes |
Eligibility
Minimum Age Requirement | 18 |
Joint account availability | Yes |
Min Deposit | $1,000 |
Available to children | Not available for children |
Your reviews
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Alison Finder
Editor
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Harold Jacob Finder
May 26, 2017
Hi Bob,
Thank you for your inquiry.
Please check our list of SMSF term deposits. You’ll find a list of SMSF term deposits on our comparison table. The same page also comes with a guide about how to apply for an SMSF term deposit online.
I hope this information has helped.
Cheers,
Harold
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Bob
May 25, 2017
What is the best term deposit rate for 12 months for a smsf for $200,000 current term deposit due 2nd of June?