Heartland Bank
Term Deposit - Business
Heartland Bank · term deposits
Provider last updated this product 2026-09-29.
Go to provider
You'll complete your application on
Heartland Bank's website. Confirm the rate and fees with them
before applying.
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.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 2.10% | 1 months | daily | $50,000+, Term | 31 day fixed term deposit with interest paid at maturity | calculated daily, paid P31D |
| 31 day fixed term deposit with interest paid at maturity Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.35% | 9 months | daily | $50,000+, 9 - 9 months | 9 month fixed term deposit with interest paid at maturity | calculated daily, paid P9M |
| 9 month fixed term deposit with interest paid at maturity Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.20% | 24 months | daily | 24 - 24 months, $50,000+ | 24 month fixed term deposit with interest paid annually | calculated daily, paid annually |
| 24 month fixed term deposit with interest paid annually Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.00% | 24 months | daily | 24 - 24 months, $50,000+ | 24 month fixed term deposit with interest paid monthly | calculated daily, paid monthly |
| 24 month fixed term deposit with interest paid monthly Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 4.90% | 3 months | daily | $50,000+, 3 - 3 months | 3 month fixed term deposit with interest paid at maturity | calculated daily, paid quarterly |
| 3 month fixed term deposit with interest paid at maturity Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.30% | 12 months | daily | 12 - 12 months, $50,000+ | 12 month fixed term deposit with interest paid monthly | calculated daily, paid monthly |
| 12 month fixed term deposit with interest paid monthly Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.40% | 6 months | daily | 6 - 6 months, $50,000+ | 6 month fixed term deposit with interest paid at maturity | calculated daily, paid half-yearly |
| 6 month fixed term deposit with interest paid at maturity Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.45% | 12 months | daily | $50,000+, 12 - 12 months | 12 month fixed term deposit with interest paid at maturity | calculated daily, paid P12M |
| 12 month fixed term deposit with interest paid at maturity Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.10% | 36 months | daily | $50,000+, 36 - 36 months | 36 month fixed term deposit with interest paid annually | calculated daily, paid annually |
| 36 month fixed term deposit with interest paid annually Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 4.85% | 36 months | daily | $50,000+, 36 - 36 months | 36 month fixed term deposit with interest paid monthly | calculated daily, paid monthly |
| 36 month fixed term deposit with interest paid monthly Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.20% | 48 months | daily | $50,000+, 48 - 48 months | 48 month fixed term deposit with interest paid annually | calculated daily, paid annually |
| 48 month fixed term deposit with interest paid annually Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 4.85% | 48 months | daily | $50,000+, 48 - 48 months | 48 month fixed term deposit with interest paid monthly | calculated daily, paid monthly |
| 48 month fixed term deposit with interest paid monthly Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 5.30% | 60 months | daily | $50,000+, 60 - 60 months | 60 month fixed term deposit with interest paid annually | calculated daily, paid annually |
| 60 month fixed term deposit with interest paid annually Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
| FIXED | 4.85% | 60 months | daily | $50,000+, 60 - 60 months | 60 month fixed term deposit with interest paid monthly | calculated daily, paid monthly |
| 60 month fixed term deposit with interest paid monthly Minimum deposit for new customer is $100K.Minimum deposit for existing customer is $5K. | ||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Voucher/information retrieval. | EVENT | - | Fee charged for voucher/information retrieval by us. |
| Audit certificate | EVENT | $35 | - |
| Early Redemption administration fee | EVENT | - | An Administration fee of $30 and a reduction in the interest paid based on the percentage of the term elapsed will be applied at the time of the time of early withdrawal. |
| Early redemption interest penalty fee | EVENT | - | If you redeem your Term Deposit early, the amount of interest paid will be the interest accrued based on the interest rate on the day we opened your account less a reduction in interest earned based on the percentage of the term elapsed at the early termination date as outlined in the General Terms which are available on the web site. |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-07-15 | 5.50% |
| 2026-07-17 | 2026-07-20 | 5.40% |
| 2026-08-08 | 2026-09-17 | 5.35% |
| 2026-09-24 | 2026-09-30 (current) | 5.45% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Interest can be reinvested back into the Term Deposit, paid to your account with us, or paid to another financial institution account.
- Manage the Term Deposit maturity instructions from within Internet Banking or our app. Tell us how the principal and interest amounts are to be paid when your Term Deposit matures.
Who can apply
- otherTo open an account, at least one of your account signatories must have a valid email address and an Australian mobile number.
Limits
- min balance - 100000.00Our Term Deposits have a minimum balance of $100,000.00.
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-29T06:15:12Z · Product ID: TD02.1