Horizon Bank
BUSINESS SAVINGS
Our Business Savings is ideal for small to medium business owners looking to manage cash flow.Take advantage of the wide range of access options available and added benefit of online business banking.
Savings & transaction accountsBank updated 7 Sept 2026
At a glance
- Base rate
- 0.01%
- Monthly fee
- $10
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | — | 14.95% | — | — |
| Variable | — | — | — | 0.01% | — | paid every 1 mo |
§ 02 — Fees · 10
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| BULK_COIN_COUNTAGE | Deposit | 2.00% of transaction | — | Up to 2% for bulk coin counting above $300. Fee excludes money boxes & community |
| DIRECT_DEBIT_DISHONOUR | Event | $9 | — | — |
| OVERDRAWN_SAVINGS_ACCOUNT | Event | $20 | — | per occurence |
| STATEMENT_COPY | Event | $2.50 | — | — |
| VISA_CARD_REPLACEMENT | Event | $9 | — | Australia only |
| 10_MONTHLY_FEE | Periodic | $10 | Every 1 mo | — |
| FOREIGN_CHEQUE_DEPOSIT | Transaction | $11 | — | — |
| VISA_CARD_INTERNATIONAL_TRANSACTION_FEE | Transaction | 3.00% of transaction | — | — |
| FOREIGN_CASH_WITHDRAWAL_FROM_VISA_DEBIT_CARD | Withdrawal | $3 | — | — |
| TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAY | Withdrawal | 0.25% of transaction | — | A fee of 0.25% of total cash withdrawals is charged for total cash withdrawals over $4000 in a day. |
§ 03 — Features
Instant paymentsPayIDDigital bankingOverdraftApple Pay, Samsung Pay and Google Pay
- · Manage payments from your bank account using PayTo.
§ 04 — Eligibility & limits
- · Available to businesses
§ 05 — Compare
§ 06 — Run the numbers
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Published by Horizon Bank under the Consumer Data Right, last changed by them on 7 Sept 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.