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  3. Horizon Bank
  4. Reward Saver

Reward Saver

  • Bonus interest with conditions
  • Intro offer rate
  • App banking
  • Online banking

Maximum rate p.a.

5.00%

Base rate p.a.

Not Applicable

Reward Saver

  • Bonus interest with conditions
  • Intro offer rate
  • App banking
  • Online banking

Maximum rate p.a.

5.00%

Base rate p.a.

Not Applicable

Pros and Cons

For Reward Saver

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Ongoing bonus interest (conditions apply)
  • Special intro rate
  • No ongoing account fees
  • No minimum balance

Drawbacks

  • Intro rate limited to 3 months
  • Only available with linked transaction account

Horizon Bank Rate Savings Account overview

For Reward Saver

Account Details

Maximum rate p.a.

5.00%

intro 3 months then 3.75%*

Minimum age restrictions

13

Base rate p.a.

Not Applicable

Maximum age restrictions

Maximum rate condition

*Deposit at least $50 and make no withdrawals e...

Minimum opening deposit

$0

Interest calculation method

Whole Balance

Target Market Determination

Visit Horizon Bank to view Target Market Determination.

Features

Joint application available

Is online only

Linked account required

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

Account keeping fees

$0

Eftpos fee

$0

ATM withdrawal fee

$0

Overseas eftpos fee

$0

Internet transaction fee

$0

Over the counter deposit fee

$0

Phone transaction fee

$0

Over the counter withdrawal fee

$0