Savings And Access Accounts Comparison

Saving and access accountsSimply AccessCash Management AccountMoney ManagerPension PlusTarget BonusChristmas ClubOn-lines@verCommunitys@ver
Min. operating balance $1 or $100 with cheque facility $1 $1 $1 or $100 with cheque facility $1 $10 $1 $1
Min. account balance $1 $1 $1 $1 $1 $1 $1 $1
Interest calculated Daily Daily Daily Daily Minimum monthly balance Daily Daily Daily
Interest paid Quarterly Quarterly 3 monthly* Monthly Monthly Monthly Monthly Monthly
Min. transaction amount $1 $1 $1 $1 $1 $1 $1 $1
Withdrawals At call At call At call At call At call. Minimum $1, but no bonus interest for the month if a withdrawal is made Savings are at call between December 1 & January 31. Withdrawals outside of this period requires closure of the account Savings accessed via nominated accounts Savings accessed via nominated accounts
Account keeping fee NIL NIL NIL NIL NIL NIL NIL NIL
Heritage Access Line (telephone banking) yes yes yes yes yes yes yes yes
Heritage on-line (Internet banking) yes yes yes yes yes yes yes yes

* To earn the term rates, funds must remain in the account for the three-month period from each anniversary date. Funds deposited for less than the three-month period earn the working rate of interest

Information about financial products on this site is general, and may not be right for you. Before acquiring a deposit product or facility issued by Heritage, consider the fees and charges and other information in the guides to Heritage products.