Heartland Bank term deposits

Heartland Bank has one term deposit that BankMate tracks, with 14 options: nine terms from 1 month to 5 years, interest paid at maturity, monthly or annually.

Term deposit · 9 terms

Term Deposit

5.55%p.a. · 1 year

interest at maturity or monthly or annually; from $5,000

4th of 401 12-month deposits

Rates by term and how interest is paid

  • At maturity2.10%
  • Monthly–
  • Annually–
Terms
1 month to 5 years
Minimum deposit
$5,000
Maximum deposit
No cap published
To break it early
31 days' notice
Compare all 294 term deposits

1 month
2.10% · #8 of 62 1-month deposits
3 months
4.95% · #37 of 164 3-month deposits
6 months
5.45% · #1 of 180 6-month deposits
9 months
5.40% · #1 of 149 9-month deposits
1 year
5.55% · #4 of 401 12-month deposits
2 years
5.25% · #18 of 255 24-month deposits
3 years
5.15% · #17 of 221 36-month deposits
4 years
5.25% · #3 of 125 48-month deposits
5 years
5.35% · #3 of 124 60-month deposits

Minimum deposit
$5,000
Maximum deposit
No cap published

Paid
At maturity or Monthly or Annually
Compounding
daily

Notice
31 days' notice
Before maturity
To redeem your Term Deposit before maturity, we require written instructions from you requesting the redemption, with a minimum 31-day notice period. … If you break your Term Deposit early, you'll be charged an early break fee and there will be an interest adjustment made. … Contact us if you're experiencing financial hardship as we may allow withdrawal of funds on shorter notice.
Read from
Heartland Bank's own site, 28 October 2026

October 20261 change

  1. 28Wed
    • 12-month up 0.0528 days after the RBA rise to 4.60%
      12-month, paid at maturity5.505.55+0.05
      12-month, paid monthly5.355.40+0.05
      +0.05

September 20262 changes

  1. 30Wed
    • 6 terms up 0.05 to 0.20The day of the RBA rise to 4.60%
      6-month, paid at maturity5.355.45+0.10
      9-month, paid at maturity5.355.40+0.05
      24-month, paid monthly4.855.05+0.20
      24-month, paid annually5.055.25+0.20
      36-month, paid monthly4.804.90+0.10
      36-month, paid annually5.055.15+0.10
      48-month, paid monthly4.754.90+0.15
      48-month, paid annually5.105.25+0.15
      60-month, paid monthly4.704.90+0.20
      60-month, paid annually5.155.35+0.20
      +0.05 to +0.20
  2. 23Wed
    • 2 terms up 0.05 to 0.10
      6-month, paid at maturity5.305.35+0.05
      12-month, paid at maturity5.405.50+0.10
      12-month, paid monthly5.255.35+0.10
      +0.05 to +0.10

August 20261 change

  1. 7Fri
    • 3 terms cut 0.05
      6-month, paid at maturity5.355.30−0.05
      9-month, paid at maturity5.405.35−0.05
      12-month, paid at maturity5.455.40−0.05
      12-month, paid monthly5.305.25−0.05
      −0.05

July 20262 changes

  1. 23Thu
    • 4 terms cut 0.10 to 0.20
      24-month, paid monthly4.954.85−0.10
      24-month, paid annually5.155.05−0.10
      36-month, paid monthly4.904.80−0.10
      36-month, paid annually5.155.05−0.10
      48-month, paid monthly4.854.75−0.10
      48-month, paid annually5.205.10−0.10
      60-month, paid monthly4.904.70−0.20
      60-month, paid annually5.355.15−0.20
      −0.20 to −0.10
  2. 16Thu
    • 7 terms cut 0.05 to 0.10
      6-month, paid at maturity5.405.35−0.05
      9-month, paid at maturity5.505.40−0.10
      12-month, paid at maturity5.555.45−0.10
      12-month, paid monthly5.405.30−0.10
      24-month, paid monthly5.054.95−0.10
      24-month, paid annually5.255.15−0.10
      36-month, paid monthly5.004.90−0.10
      36-month, paid annually5.255.15−0.10
      48-month, paid monthly4.904.85−0.05
      48-month, paid annually5.255.20−0.05
      60-month, paid monthly5.004.90−0.10
      60-month, paid annually5.455.35−0.10
      −0.10 to −0.05

June 20262 changes

  1. 19Fri
    • 2 terms up 0.0544 days after the RBA rise to 4.35%
      9-month, paid at maturity5.455.50+0.05
      12-month, paid at maturity5.505.55+0.05
      12-month, paid monthly5.355.40+0.05
      +0.05
  2. 5Fri
    • 7 terms moved in both directions
      3-month, paid at maturity4.904.95+0.05
      6-month, paid at maturity5.305.40+0.10
      9-month, paid at maturity5.405.45+0.05
      12-month, paid at maturity5.455.50+0.05
      12-month, paid monthly5.305.35+0.05
      24-month, paid monthly5.255.05−0.20
      24-month, paid annually5.455.25−0.20
      36-month, paid monthly5.205.00−0.20
      36-month, paid annually5.455.25−0.20
      48-month, paid monthly5.104.90−0.20
      48-month, paid annually5.455.25−0.20
      −0.20 to +0.10

A great way to reach your savings goals, with no fees and a competitive interest rate locked in for terms from 31 days to 60 months.

Notes on Heartland Bank term deposits

to leave a note.

As of 1 November 2026, Heartland Bank has one term deposit product tracked by BankMate, over nine terms from 1 month to 5 years. Its highest rate is 5.55% p.a. on the Term Deposit for 1 year, 4th of 401 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 28 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.