Heritage Savings - Heritage Bank and Trust (Columbia, TN)


Save money with ease! Free Great Rate Saver links to your equally free Great Rate Checking account to put your savings into overdrive. Contact us to get started!

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Great Rate Saver

 Save money with ease!  Great Rate Saver links to your Great Rate Checking account to put your savings into overdrive.

Each month you earn rewards on your Great Rate Checking account, those rewards are automatically transferred into your Great Rate Saver - where you will be racking up the interest.  It's like doubling up on rewards!*

  • Free account that builds your savings with ease
  • Links to Great Rate Checking account
  • Automatic transfers of Great Rate Checking earnings
  • 1.50% APY** on balances up to $50,000*
  • 1.50% to 0.67% APY** on balances over $50,000 depending on balance in account
  • 0.01% APY** if qualifications are not met on Great Rate Checking account
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online and mobile banking
  • Free eStatements 
  • $25 minimum deposit to open

Didn't find what you were looking for? Click here to see more Heritage Bank and Trust savings account options.


*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Statement Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. 

Reward Information: When your Great Rate Checking account qualifications are met during a Monthly Statement Cycle, the following rewards will be distributed to your account on the last day of the current statement cycle: Great Rate Saver: Balances up to $50,000 receive APY of 1.50%; and balances over $50,000 earn 0.25% interest rate on the portion of balance over $50,000, resulting in a range from 1.50% to 0.67% APY depending on the account’s balance. Great Rate Checking: Balances up to $50,000 receive a non-compounding APY of 2.96%; and balances over $50,000 earn 0.25% interest rate on the portion of balance over $50,000, resulting in a non-compounding range from 2.96% to 1.16% APY depending on the account’s balance. When Great Rate Checking qualifications are not met, Great Rate Saver: All balances earn 0.01% APY. Great Rate Checking: All balances earn a non-compounding APY of 0.01%. *When linked to the Great Rate Saver account, the interest earned within the Great Rate Checking account does not compound since it is automatically transferred to the Great Rate Saver account within one day. This automatic transfer may cause an overdraft to your Great Rate Checking account if the account’s balance is less than the transferred amount when transfer occurs. **APY = Annual Percentage Yield. APY calculations are based on an assumed total account balance of $50,000 plus $100,000 to be shown as a single figure (i.e. $150,000) for Great Rate Checking and $50,000 plus $100,000 to be shown as a single figure (i.e. $150,000) for Great Rate Saver. APYs accurate as of 9/1/2022. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A $25.00 minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons) may be required to meet some of the account’s qualifications. Limit 1 account per social security number. A Great Rate Saver account is required to have a Great Rate Checking account. A linked Great Rate Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. After three withdrawals per calendar quarter, you will be charged $2.00 for each additional withdrawal. The fees will be assessed at calendar quarter end (March, June, September and December). Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC.


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