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- Horizon Bank
- Advantage
Advantage
- App banking
- Online banking
- Visa debit card
Monthly fee
$6*
Maximum interest rate
Advantage
- App banking
- Online banking
- Visa debit card
Monthly fee
$6*
Maximum interest rate
Pros and Cons
For Advantage
Benefits
- Maintain $2000 min monthly balance or deposit $2000/month and pay $0 transaction fees. For 18-25 year olds, total min monthly deposits required is $500.
- Linked Visa debit card
- App banking available
- Apple Pay, Google Pay, Samsung Pay available
- Send money using PayID
Drawbacks
- Must deposit at least $2000 into your account each month
- $6 fees apply for overseas transactions
- 3% fees apply for overseas transactions
Horizon Bank Rate Bank Account overview
For Advantage
Account details
Minimum opening amount
$0
Min. age restrictions
13 years old
Minimum balance
Max. age restrictions
N/A
Interest calculation frequency
N/A
Interest payment frequency
N/A
Features
Linked account
Send money using PayID
Joint application available
Free international account transfer
Foreign currency
Target Market Determination
Visit Horizon Bank to view Target Market Determination.
Methods of access
Internet banking
ATM access
Phone banking
EFTPOS facility
Branch access
Cheque services
App
App only
Fee details
Monthly fee
$6*
Min. deposit for fee free
$2k
ATM & EFTPOS fees
ATM withdrawal fee
$1
Other bank ATM withdrawal fee
Daily ATM withdrawal limit
$700
EFTPOS fee
$1
Overseas fees
Overseas ATM withdrawal fee
Overseas eftpos fee
Foreign transaction fee
$6
Other transaction fees
Phone transaction fee
$0
Internet transaction fee
$0
Counter withdrawal fee
$1
Free counter transactions
Counter deposit fee
$0
Cheque fee
$0.5
Cheque dishonour fee
$36
