A term deposit normally earns a simple interest only. If you choose to have a compound interest on your term investment, the interest on the previous month will be added to your deposit balance. This can help you earn more on top of your Heartland Bank term deposit interest rates, allowing you to save more with a simple term deposit.
Receiving your returns depends on your agreed interest frequency or how often you want to get paid. You can be paid monthly, three monthly, quarterly, or at maturity date. If you opt for terms of 1 year or longer with a minimum deposit of $10,000, returns can be made monthly to your chosen NZ bank account.
Yes. Heartland Bank will send you notice days prior to the maturity of your term deposit to give you ample opportunity to decide whether to reinvest the entire balance, a portion of your balance or send the matured funds into another bank account.
Yes. You can still open a heartland term deposit account using a different bank. But, you can always sign up with Heartland Bank and later access your online account for easy access and efficient banking.
Yes. Although term deposit is a fixed term investment, customers can request for an early withdrawal of their deposits provided that they send a written request to Heartland Bank. However, interest rate is reduced insofar as your deposit is concerned.
Sign up didn't go quite the way it was meant to. But Kate called and she walked through everything so we could work out what went wrong. she was patient, friendly, supportive and kept me calm to finally get plan registration sorted ( still can't log in though - she must be magic )
Found it really easy to find what i needed and also got a call regarding what deals might be best suited etc. Saves a lot of time. Highly reccommend glimp
Easy site to navigate. Gave me great options that suit my household including reputable providers I wasn't familiar with.
I’ve just had a great experience with Kurt from glimp compare. He helped me through the process from the time I clicked onto the website, via the chat function. Long story short I have signed up to a new power and broadband provider with significant cost savings. There was no pressure at any stage, just respectful guidance and facilitation to initiate the new supply.
Good options, but ideally an option to combine & compare cost for best mobile + broadband option would be nice.