MySavings account
Our MySavings account offers you the freedom of no minimum balance, no account keeping or transaction fees and no minimum monthly deposit requirements.
- Base rate
- 4.55%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable $0 to $300,000 · Your daily balance determines which interest rate tier applies. If your balance moves to a different tier, the applicable interest rate will apply to your entire balance for that day - not just the portion within that tier. | 4.55% | Tier1 | monthly |
| Variable TIER2 · Your daily balance determines which interest rate tier applies. If your balance moves to a different tier, the applicable interest rate will apply to your entire balance for that day - not just the portion within that tier. | 4.55% | Tier2 | monthly |
| Variable Tier3 · Your daily balance determines which interest rate tier applies. If your balance moves to a different tier, the applicable interest rate will apply to your entire balance for that day - not just the portion within that tier. | 1.5% | Tier 3 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Audit certificate Fee charged for Audit Certificates. | Event | $35.00 |
| Electronic transfer - Branch assisted Fee charged when one-off Pay anyone, BPAY, or transfers are made on behalf of customers by us. | Transaction | $10.00 |
| Periodical payment - Branch assisted Fee charged when periodical Pay anyone or BPAY payments are made on behalf of customers by us. Fee charged per transaction. | Payment | $5.00 |
| Overdrawn account Fee charged on overdrawn accounts (per occurrence). | Event | $10.00 |
| Voucher retrieval Fee charged for voucher/information retrieval by us. | Event | Variable |
| Dishonour fee Dishonour fee charged on Pay anyone, or BPAY dishonours. | Event | $10.00 |
| Statement reissue Fee charged when statement is reissued on behalf of customers by us. Fee charged per statement reissue. |
Features
- Bill payment (BPAY) — BPAY
- Make fee-free bill payments using BPAY via Internet Banking or from our app.
- Unlimited transactions
- Make unlimited fee-free transactions via Internet Banking or Mobile Banking.
- Digital banking
- Make fee-free Pay anyone or BPAY transactions via Internet Banking or from our app.
Eligibility
- Residency status — To open an account, you must be solely a tax resident of Australia.
- Minimum age — 14 yearsTo open an account, you must be 14 years or older.
- To open an account, you must be an existing customer with a valid email address and an Australian mobile number.
More Information
Published by Heartland under the Consumer Data Right · Last updated 13 March 2026 · Product ID S02.1 · View on CDR.gov.au