Heritage Bank Account Types

　　Heritage Bank offers a variety of trading account types tailored to meet the diverse needs of its clients. The main types of accounts available include:

• Transaction Accounts: These accounts are designed for everyday spending and include:
• Simple Access Account: No monthly fees, comes with a Visa debit card.
• Pension Plus Account: Tailored for individuals 55+ or those receiving a pension.
• Mortgage Crusher Account: For customers with an eligible home loan, allowing daily spending to offset the mortgage.
• Savings Accounts: These accounts focus on saving and include:
• Target Bonus Account: Offers a flat rate of 4.40% interest per annum, with bonus interest for regular deposits.
• Online Saver Account: Provides a flat interest rate plus a bonus introductory rate.
• Christmas Club Account: Designed for holiday savings with a 2.00% interest rate, funds are locked from February 1 to October 31.
• Term Deposit Account: Lock in savings for 1 month to 5 years for a higher interest rate.

　　

Heritage Bank Broker Account Opening Process

　　To open a broker account with Heritage Bank, follow these steps:

• 　　Choose Your Account Type: Decide which account type suits your needs (e.g., transaction or savings account).

• 　　Prepare Required Documents: Gather necessary documents, including:

• Valid photo identification (following the 100 points system).
• Proof of Australian residential address.
• Personal details including full name and date of birth.
• Application Process:
• Online: Visit the Heritage Bank website, navigate to the account type you wish to open, and follow the prompts to complete the application.
• In-Person: Visit a local Heritage Bank branch or call them at 13 14 22 for assistance.

• 　　Initial Deposit: Depending on the account type, you may need to make an initial deposit. For example, the Simple Access Account does not require a minimum deposit, while a Term Deposit requires a specified amount.

• 　　Final Approval: After submitting your application, Heritage Bank will review your documents. You may need to provide additional information or documentation during this process.

• 　　Account Activation: Once approved, you will receive confirmation, and your account will be activated, allowing you to access banking services.