Important disclosure

Horizon Bank

Youth Reward Saver

Real Time Rating™

  • Bonus interest with conditions
  • App banking
  • Online banking
  • Linked account required
Maximum rate

5.00%*

p.a

Base rate

1.50%

p.a

Real Time Rating™
Tags
  • Bonus interest with conditions
  • App banking
  • Online banking
  • Linked account required
Maximum rate

5.00%*

p.a

Base rate

1.50%

p.a

Pros and cons

For Youth Reward Saver

Benefits

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

Drawbacks

  • Only available with linked transaction account

Horizon Bank Rate Savings account overview

For Youth Reward Saver

Account Details

Maximum rate

5.00%*

p.a

Minimum age restrictions

13

Base rate

1.50%

p.a

Maximum age restrictions

17

Maximum rate condition

*Make at least one deposit of $10 or more and m...

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

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

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

Promoted savings accounts

Promoted

Macquarie Savings Account

Real Time Rating™
  • Intro offer rate
  • App banking
  • Online banking
  • Linked account required

2024 Award Winner

Maximum rate

5.35%

p.a

Base rate

4.75%

p.a

Promoted

High Interest Savings Account

Real Time Rating™
  • Intro offer rate
  • Online banking

2024 Award Winner

Maximum rate

5.75%

p.a

Base rate

4.40%

p.a

Promoted

Reward Saver

Real Time Rating™
  • Bonus interest with conditions
  • Intro offer rate
  • App banking
  • Online banking

*Deposit at least $50 and make and no withdrawals per month

Maximum rate

5.25%

p.a

Base rate

Not Applicable

Promoted

Kids Bonus Saver < 18

Real Time Rating™
  • Bonus interest with conditions
  • App banking
  • Online banking

*Deposit at least $5 per month without making a withdrawal

special

Deposit a minimum of $5 per month (pocket money!) without making a withdrawal and earn bonus interest up to 5.55% p.a. on balances up to $5,555.
Maximum rate

0.85%*

p.a

Base rate

0.05%

p.a