Savings account
Heritage Bank Online Saver Account
3.45%p.a. total
No bonus conditions: the rate is paid every month
4.85% for the first 4 months, then 3.45%127th of 152 savings accounts · market average 4.47%
The RBA raised the cash rate to 4.85% on 4 November. Online Saver Account hasn't moved yet. After the September rise it moved 32 days later.
What it asks
Nothing each month- Each month
Nothing. The rate is paid every month.
- Who can open it
Anyone
- Balance
No balance cap.
Rate history
Last change 1 Nov- Online Saver Account
- RBA cash rate
- Market average
November 20261 change
- 1Sun
- 3.20 → 3.45Total rate 3.20% → 3.45% · 32 days after the RBA rise to 4.60%+0.25
- #105SepSep 2026: ranked 105 of 121
- #121OctOct 2026: ranked 121 of 151
- #126NowNov 2026: ranked 126 of 152
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 3 months: from #121 of 151 in Oct 2026 to #105 of 121 in Sep 2026.
- Interest a year
- $1,725
- Each month
- $144
- Against the average (4.47%)
- −$511
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Manage your savings online with our high interest savings account.
Notes from savers
to leave a note.
Other Heritage Bank accounts: Youth Target Bonus Account 4.50% · Target Bonus Account 4.50%
Pays 3.45% p.a. with no bonus conditions as of 10 November 2026. Ranks 127th of 152 savings accounts tracked by BankMate, 1.02 points below the average of 4.47%. The rate last rose on 1 November 2026, 32 days after the RBA raised the cash rate to 4.60%. From Heritage Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·