Horizon BankBUSINESS 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.
At a glance
- Base rate
- 0.01%
- Monthly fee
- $10
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Each institution's best interest-paying business account, base plus any bonus. One dot per institution, at its highest business savings rate anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business savings accountEach institution's best interest-paying business account, base plus any bonus | 0.01% | 5.40%Great Southern Bank Business+'s Business+ Saver | 0.55%of 34 institutions | 24th highest of 34, level with 10 others |
Rates
Every rate Horizon Bank publishes for this account, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | - | 14.95% | - | - |
| Variable | - | - | - | 0.01% | - | paid every 1 mo |
Fees
10 fees published, grouped by when they're charged.
While you hold it1
- 10_MONTHLY_FEE$10 a month
When you make a transaction5
- BULK_COIN_COUNTAGE
Up to 2% for bulk coin counting above $300. Fee excludes money boxes & community
2.00% of transaction - FOREIGN_CHEQUE_DEPOSIT$11
- VISA_CARD_INTERNATIONAL_TRANSACTION_FEE3.00% of transaction
- FOREIGN_CASH_WITHDRAWAL_FROM_VISA_DEBIT_CARD$3
- TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAY
A fee of 0.25% of total cash withdrawals is charged for total cash withdrawals over $4000 in a day.
0.25% of transaction
When particular things happen4
- DIRECT_DEBIT_DISHONOUR$9
- OVERDRAWN_SAVINGS_ACCOUNT
per occurence
$20 - STATEMENT_COPY$2.50
- VISA_CARD_REPLACEMENT
Australia only
$9
Features
- Manage payments from your bank account using PayTo.
Eligibility and limits
- Available to businesses
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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.