You do not pay any extra for using our service. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. Unfortunately, interest is not payable to another bank.ĭisclaimer Who we are and how we get paid When it comes to receiving your interest, you can opt to have it credited directly to your Heritage account or you can request a cheque to be sent to you.

Interest paid half yearly: A deduction of 0.05% p.a will apply to the quoted rate. Interest paid monthly or quarterly: A deduction of 0.05% p.a will apply to the quoted rate. A deduction of 0.05% p.a will apply to the quoted rate. Interest paid fortnightly: only available if you are 55+ and retired, eligible for a pension, or hold a seniors card. Interest paid up front: available on terms up to 12 months. However, you’ll have the option to change that if you’re willing to sacrifice part of your interest. Interest is typically paid at maturity on terms of up to twelve months and yearly on terms of between two and five years.

You’ll also be looking at rates of between 1.25% p.a. With the Heritage Bank Term Deposit you’ll be able to invest as little as $1,000 for between one month and five years.

Bank of queensland term deposit rates