Heritage Bank

About Heritage Bank

Presenting as a smart and polished presence online, Heritage Bank’s sophisticated site is well laid out and a pleasure to navigate.

Sufficient Info

Although detailed due to its full service offering, the option on a consolidation loan is accessible and one many Australians see the sense of nowadays.

With a reasonable rate and generous terms, Heritage Bank endears itself to existing clients and new clients alike.

Click through or make a call

Accessing intel on a consolidation loan requires a bit of surfing, and one clicks through via personal loans in order to begin the process. To their credit, a pop-up appears with telephone contact details for those who prefer doing the application telephonically.

One Debt – Less Stress

The gist of a consolidation loan is that a consumer finds that they have many monthly or other accounts to service and then loans a certain amount to settle these said creditors. This then leaves the consumer with a single debit to field monthly.

Heritage Bank know have made efforts to extend personal loans of this nature to the Australian public who will, in their view, benefit from said services.

What Heritage Bank can offer you

The service offering on a consolidation loan from Australia’s largest mutual bank can be accessed via their extensive branch network or online,

One account better than many

Having one manageable debt consolidation loan account at a negotiated rate of interest presents as a viable option for many consumers.

Depending on whether a loan is secured or unsecured a client’s offered loan total may vary. There is also the option of a fixed interest rate on the loan. The site is populated with loan calculators and other useful tools and information.

Minimum and maximum

Personal loans start at $5,000 to a maximum of  $25,000 for an unsecured loan and $100,000 for secured loans. Repayment terms range from 1 year to 10 years.

There are options to withdraw cash from the loan account once a certain threshold has been reached. One important consideration for consumers, which should be determined beforehand, is whether or not a penalty fee will apply if the loan is settled early.

Affordable Rates

Pitched at a rate of 12.99% against a comparative rate of 15.45%. many Australians access the offer from Heritage Bank as the rates are affordable and the terms preferable to many others out there.

There is a debt consolidation application fee of $200 and a monthly account fee of $5.

Self-employed clients may also apply and simply have to fulfill the basic requirements of a good banking history and regular income.

In a Nutshell

  •  Loan minimum $5,000
  •  Loan maximum $25,000
  •  Interest rate From 12.99% per annum
  •  Loan term minimum 1 year
  •  Loan term maximum 12 years
  •  Average processing time 2 days
  •  Online application
  •  In-store application
  •  Unsecured loan option
  •  Secured loan option
  •  Early repayment

Heritage makes it Simple Online

Being the largest mutual bank in the country, with roots in Queensland, the company’s building society origins still shine through.

Live more Comfortably

There are many benefits to taking up a loan offer from such a large corporation.  As a general rule, a quick loan for consolidating debt from Heritage Bank enables many consumers to free up some cash every month and therefore live more comfortably.

Comparison made easy

With a comparative chart on their website, all salient facts and figures are lined up side by side to make decisions easy.

Although obviously offering a wide range of usual banking facilities, Heritage Bank’s consolidation loan offer comes backed by an experienced and yet flexible lender.

Expect Great Service

The company has made a concerted effort to address the needs of the modern consumer and both onsite and in-store, clients can expect great service and a logical breakdown of the loan fees and costs.

Even higher amounts may be applied for and granted on the back of a client’s credit rating and ability to meet monthly repayments.

Eligibility & Requirements

  •  Employed full-time
  •  Earning a stable income
  •  Credit check
  •  Good credit history

Other Products & Services

  • Accounts
  • Credit Cards
  • Home Loans
  • Personal Loans
  • Insurance

Here’s a short video about Heritage Bank

Contact Details

 Visit Website


 Physical Address

  • 6th Floor 400 Ruthven St, Toowoomba, QLD , 4350, Australia

 Postal Address

  • PO Box 190, Toowoomba, 4350, Australia

Opening Hours

  •  Monday 08:30 – 19:00
  •  Tuesday 08:30 – 19:00
  •  Wednesday 08:30 – 19:00
  •  Thursday 08:30 – 19:00
  •  Friday 08:30 – 19:00
  •  Saturday 08:30 – 19:00
  •  Sunday Closed –