Horizon Bank
HORIZON DIRECT
Horizon Direct is our online savings account that attracts a higher interest rate than a normal savings account, because you manage it online without branch assistance or branch access.
Savings & transaction accountsBank updated 1 July 2026
At a glance
- Base rate
- 3.25%
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | — | 14.95% | — | — |
| Variable | — | — | — | 3.25% | — | paid every 1 mo |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| DIRECT_DEBIT_DISHONOUR | Event | $9 | — | — |
| OVERDRAWN_SAVINGS_ACCOUNT | Event | $20 | — | per occurence |
| STATEMENT_COPY | Event | $2.50 | — | — |
| FOREIGN_CHEQUE_DEPOSIT | Transaction | $11 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital banking
- · anage payments from your bank account using PayTo.
§ 04 — Eligibility & limits
- · Available to individuals
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Horizon Bank under the Consumer Data Right, last changed by them on 1 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.