Heartland MySavings account Summary
Description
Our MySavings account offers you the freedom of no minimum balance, no account keeping or transaction fees and no minimum monthly deposit requirements.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Applicants must be at least 14.
- Ongoing rate cap: $2,000,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Heartland MySavings account |
|---|---|
| Maximum variable rate | 4.55% p.a. |
| Ongoing interest rate | 4.55% p.a. |
| Base interest rate | 4.55% p.a. |
| Minimum age | 14 years |
Source: noren.com.au
All comparison details
| Base | 4.55% |
|---|---|
| Ongoing | 4.55% |
| Ongoing cap | $2M |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 14 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 4.55% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 4.55% | Whole balance | Up to $2m |
| Standard variable | 1.50% | Whole balance | $2,000,000.01 and over |
Source: noren.com.au
Share/Export
Requirements
- No monthly deposit, growth, purchase or withdrawal-count qualification. The applicable tier rate applies to the entire daily closing balance, not portions.
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Heartland.
- To open an account, you must be solely a tax resident of Australia.
- To open an account, you must be 14 years or older.
- Available to new and existing personal customers, age 14+, with an Australian residential address, mobile number and email, solely Australian tax resident. Companies, trusts and SMSFs are ineligible.
More from Heartland
Similar products
Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 27 Oct 2026.