Can I open an account online?

Yes – you can open a Direct Call Account or a YouChoose account online or in the Heartland Mobile App. You can also enquire into a Term Deposit or a Business Call Account online, and a consultant from our Retail team will contact you to finalise the details for your new account.

What is Heartland Bank’s credit rating?

In October 2025 Fitch Ratings affirmed Heartland Bank's credit rating at BBB with outlook "Stable". A rating of BBB from Fitch Ratings is ‘investment grade’. You can read more about our rating here .

Is Heartland a finance company?

No, Heartland Bank became a registered bank in December 2012. We were the first New Zealand registered bank to be listed on the NZX Main Board.

Do I have to come into a retail office to open an account or deposit funds?

No, you don’t need to visit an office to open an account. All banking activities can be done online and over the phone.

Savings Accounts & Term Deposits

Q: Are Heartland Bank savings and deposits accounts protected under the Depositor Compensation Scheme?

Yes. The Depositor Compensation Scheme (DCS) covers eligible depositors up to $100,000 held in DCS-protected accounts. Find out more .

Save in a way that suits you

Want great returns on your hard-earned savings? Choose the right product for your savings needs, and we'll help you make the most of your money.

Cash PIE

Tax benefit for higher earners
No set-up costs or monthly fees
Unlimited withdrawals to one nominated account

Find out more

32 day Notice Saver

Access your funds with notice
Add funds anytime
Higher rate than our Call accounts, with some flexibility

Find out more

Digital Saver

Our highest on-call rate
Add and withdraw funds anytime
Unlimited withdrawals to one nominated account

Find out more

90 day Notice Saver

Access your funds with notice
Add funds anytime
Higher rate than our Call accounts, with some flexibility

Find out more

Direct Call

No set-up costs or monthly fees
Our most flexible call account
Make payments to any NZ bank account

Find out more

YouChoose

EFTPOS card provided
Add and withdraw funds anytime
Fee-free payments to any NZ bank account

Find out more

Business Call

No set-up costs or monthly fees
Earn interest with on-call business funds
Unlimited withdrawals to one nominated account

Enquire now Find out more

Term Deposit special (6 months)

Competitive fixed term rates
Interest paid out or compounded quarterly
No set-up costs or monthly fees

Find out more

Term Deposit special (12 months)

Competitive fixed term rates
Interest paid out or compounded quarterly
No set-up costs or monthly fees

Find out more

Term Deposits

Choose to invest from 30 days to five years

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View all rates

Interest rates are subject to change without notice.

Why save with Heartland?

Want great returns on your hard-earned savings? Choose the right product for your savings needs, and we'll help you make the most of your money.

Canstar’s Savings Bank of the Year for eight years running
Competitive interest rates
150 years managing Kiwis’ money
100% New Zealand owned and operated

Canstar's Savings Bank of the Year

We are very proud to be awarded Canstar’s Bank of the Year - Savings for eight consecutive years! This achievement is awarded to the institution that provides the strongest combination of products, accounting for the price positioning, features, savings tools and flexibility of the products assessed within Canstar's Savings Account Star Ratings profiles, as well as supporting savers through a competitive Term Deposit offering.