Special Purpose Accounts
Christmas Club
Our Christmas Club account prepares you for the next holiday and festive period and helps you avoid the post season debt trap.
Budget Manager
To help plan for the payment of periodic bills where the amount can be larger than expected (such as phone, electricity or your car registration), you can have a fixed amount deposited in a Budget Manager Account from your pay. The Budget Manager also contributes to the Reduced Fees Program.
Insurance Saver
The Insurance Saver Account automatically deducts the specified amount from your salary and puts it into your Insurance Saver Account until the insurance payments are due. This way you never have to worry about falling behind in your insurance payments. The Insurance Saver also contributes to the Reduced Fees Program.
Australia has the strongest banking regulatory system in the world – all banks (including Bank of Heritage Isle), building societies and credit unions meet exceptionally high standards on capital, liquidity, risk management and governance as set down by the regulator, APRA. Under the Banking Act deposits in all Australia’s banks (including Bank of Heritage Isle), building societies and credit unions are safe.
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