Automatic Savings
- Set up recurring transfers from checking to savings accounts.
- Round-up debit card purchases and save the difference automatically.
- Customize transfer frequency and amounts to match your budget.
Heritage Bank offers you a fixed interest on the invested amount at a specific frequency till the pre-determined term or upon maturity. At the end of the term, the amount upon maturity (which is your invested capital) along with remaining or accumulated interest is paid.
Our basic savings account with no minimum balance requirements and easy access to your funds.
Learn MoreEarn higher interest rates on your savings with our premium savings account option.
Learn MoreCombine the benefits of checking and savings with higher interest rates and check-writing privileges.
Learn MoreLock in guaranteed rates for fixed terms from 3 months to 5 years for maximum growth.
Learn MoreWe offer the highest interest rates in the market to help your savings grow faster.
Stay informed with free SMS banking alerts for all your transactions.
All our transactions are handled electronically for your convenience.
Canadian Residents, and Non-Resident individuals
18 Years old or above
A recurring deposit is an investment product where you deposit a fixed amount monthly. The principal amount invested earns interest at regular intervals and the lump sum is handed over to the depositor at the time of maturity.
Interest rates vary from 3% to 7% per annum depending on the deposit amount and tenure. Senior citizens get an additional 0.5% interest on their deposits.
Yes, premature withdrawal is allowed with a penalty. The interest rate applicable will be lower than the contracted rate for the period the deposit was held.