HGH - Heartland Group Holdings

[Bjauck]

http://www.heartland.co.nz/content/i...l-account.aspx

New product called direct call paying market leading interest rate.

That is an appealing product. 4.5%pa for on on call account with easy withdrawal to a nominated account. My Heartland 12 month term pie is paying 4.6% so this direct call account is only paying 0.1% less than that. The Heartland Cash PIE only pays 4.0% pa with withdrawals taking some time to be processed. I would like to see Heartland introduce a PIE version of the direct call account.

For comparison, the ANZ online a/c & Cash PIE fund currently pay 3.0% pa.
Disc: Investor and account holder in both HNZ and ANZ

[vorno]

That is an appealing product. 4.5%pa for on on call account with easy withdrawal to a nominated account. My Heartland 12 month term pie is paying 4.6% so this direct call account is only paying 0.1% less than that. The Heartland Cash PIE only pays 4.0% pa with withdrawals taking some time to be processed. I would like to see Heartland introduce a PIE version of the direct call account.

For comparison, the ANZ online a/c & Cash PIE fund currently pay 3.0% pa.
Disc: Investor and account holder in both HNZ and ANZ

Strange... they introduce an account that actively beats all of their other accounts. I guess I'll be opening one!

[nextbigthing]

That is an appealing product. 4.5%pa for on on call account with easy withdrawal to a nominated account. My Heartland 12 month term pie is paying 4.6% so this direct call account is only paying 0.1% less than that. The Heartland Cash PIE only pays 4.0% pa with withdrawals taking some time to be processed. I would like to see Heartland introduce a PIE version of the direct call account.

For comparison, the ANZ online a/c & Cash PIE fund currently pay 3.0% pa.
Disc: Investor and account holder in both HNZ and ANZ

Has uncle Percy signed off on this frivolous rate of interest?

[percy]

Has uncle Percy signed off on this frivolous rate of interest?

Seems a lot to pay for on call money?
Westpac were quoting me 3.5% for 90days [and that was over$50,000].!!!

[Beagle]

Seems a lot to pay for on call money?
Westpac were quoting me 3.5% for 90days [and that was over$50,000].!!!

Probably an opening special to generate more business...and it will. I'd expect it won't be long before they get a flood of money and we see that rate trimmed down to circa 4%.

[nextbigthing]

Seems a lot to pay for on call money?
Westpac were quoting me 3.5% for 90days [and that was over$50,000].!!!

You'd be better off just putting that into the shares Percy. You should know that!!!

[percy]

You'd be better off just putting that into the shares Percy. You should know that!!!

Nice to take a bit off the top at times,when the markets have been so kind to me over the past 2 or 3 years.
.

[Citizen Erased]

Probably an opening special to generate more business...and it will. I'd expect it won't be long before they get a flood of money and we see that rate trimmed down to circa 4%.

Possibly. Before this offer came along the best rate for an online call account was 4.3% from RaboDirect and Westpac. RaboDirect recently dropped theirs from 4.6%.
http://www.interest.co.nz/saving/e-saver-online

[Beagle]

Possibly. Before this offer came along the best rate for an online call account was 4.3% from RaboDirect and Westpac. RaboDirect recently dropped theirs from 4.6%.
http://www.interest.co.nz/saving/e-saver-online

Smart move on their part sending out a brochure and application form to all shareholders.

[K1W1G0LD]

Pssst, the Elefunk is back in the room, and Noo its not that LOSER Moose............................................. ...this one is too good to ignore any longer..........."The Little Bank that could" I'll call it and I'm all loaded up and ready to BOOGIE.