Heritage Bank
★ 4.1 / 5
credit union · Est. 1875 · HQ QLD · ABN 32 087 652 024
Queensland's largest customer-owned bank, merged with People's Choice in 2023 to form People First Bank.
Pros & cons
Pros
- Customer-owned ethos
- Strong QLD branch network
- Solid variable rates
Cons
- Brand transition to People First
- Slow online application
Heritage Bank home loan products
| Product | Type | Rate | Comp. rate | Features |
|---|---|---|---|---|
| Discount Variable | variable | 6.09% | 6.13% | offset, redraw, extra repay |
Indicative monthly repayment on a $500,000 loan over 30 years at Heritage Bank's lowest rate (6.09% p.a.): $3,027/month. Run a full comparison on our repayment calculator.