The Finance Algorithm
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SUPER SAVERS

An everyday account for children aged 0-12 years. The Super Saver account is a great start to teach your child the value of money and instil good savings habits from an early age.

Savings & transaction accountsBank updated 2 Nov 2026

At a glance

Up to
5.50%
Base rate
2.50%
Bonus rate
3.00%

Rates

Every rate Horizon Bank publishes for this account, 2 in all.

How the rate is made up

5.50%in a month every condition is met

2.50% base rate3.00% bonus, when its conditions are met
TypeApplies toTermBandRateComparisonConditions
Bonus---3.00%-paid every 1 mo
Variable---2.50%-paid every 1 mo

Rate changes

One change logged, newest first.

DateRateWasNowChange
3 Nov 2026Variable2.25%2.50%up 0.25

Each change is logged the night it appears in the rates Horizon Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

6 fees published, grouped by when they're charged.

When you make a transaction3

  • 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
  • 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 happen3

  • DIRECT_DEBIT_DISHONOUR
    $9
  • OVERDRAWN_SAVINGS_ACCOUNT

    per occurence

    $20
  • STATEMENT_COPY
    $2.50

Features

Instant paymentsPayIDDigital bankingUnlimited transactions
  • Earn bonus interest when a total of $2 or more is deposited and no withdrawals are made in each calendar month.

Eligibility and limits

  • Maximum age 12
  • Available to individuals

Published by Horizon Bank under the Consumer Data Right, last changed by them on 2 Nov 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.