People First Bank / Heritage Bank Community and Business Saver
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Community and Business Saver is a savings account from People First Bank / Heritage Bank. It pays 1.60% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $1+ | 1.60% |
One rate on every balance, with no upper limit.
The feed states a minimum balance of $1.
Conditions
- not updated by the bank since 2026-10-31, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
Features
- app
- yes
- Osko
- yes
- transactions
- unlimited
Other features, in the bank's words:
- Direct feeds to Xero and MYOB software
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- minimum balance
- $1
- interest paid
- monthly
- interest calculated
- daily
- open to
- business customers
Who can open it, in the bank's own words:
- business: Terms, conditions, fees, charges and lending criteria apply and are available on application: Business and non-personal entities
About this account
An online business savings account that allows you to access your funds via Internet and Smart Phone Banking. With competitive interest rates and no monthly account fees
Data
- People First Bank / Heritage Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 31 October 2026.
- We read the bank's own page and terms against this page on 1 November 2026: community-and-business-saver, brc-8-1-1-deposit-accounts-interest-rate.pdf, brc-8-6-1; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/people-first-and-heritage-bank.json: this bank's accounts and every balance band as JSON; People First Bank / Heritage Bank's page lists them.- The bank last updated this record on 31 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at People First Bank / Heritage Bank
- Dream Fundstale savings account, 5.55% conditional at $50,000
- Online Saver Accountstale savings account, 3.45% base at $50,000
- Target Bonus Accountstale savings account, 4.50% conditional at $50,000
- Youth Target Bonus Accountstale savings account, 4.50% conditional at $50,000
- Business Access Accountstale transaction account, 0.01% base at $50,000
- Community and Business Accessstale transaction account
- Everyday Accountstale transaction account
- Simply Access Transaction Accountstale transaction account, 0.01% base at $50,000
- Youth Simply Access Transaction Accountstale transaction account, 0.01% base at $50,000
All of People First Bank / Heritage Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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