Horizon BankADVANTAGE 55
Our most popular everyday transaction account for customers aged 55 and over, featuring a wide range of account access options.
At a glance
- Base rate
- 0.01%
Rates
Every rate Horizon Bank publishes for this account, 4 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | up to $10,000 | 0.01% | - | paid every 1 mo |
| Variable | - | - | $10,000–$50,000 | 2.00% | - | paid every 1 mo |
| Variable | - | - | $250,000+ | 2.75% | - | paid every 1 mo |
| Variable | - | - | $50,000–$250,000 | 2.25% | - | paid every 1 mo |
Rate changes
3 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 13 Oct 2026 | Variable, $10,000–$50,000 | 1.75% | 2.00% | up 0.25 |
| 13 Oct 2026 | Variable, $250,000+ | 2.50% | 2.75% | up 0.25 |
| 13 Oct 2026 | Variable, $50,000–$250,000 | 2.00% | 2.25% | 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
9 fees published, grouped by when they're charged.
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
- Minimum age 55
Compare it with others
Put this product through a calculator
Published by Horizon Bank under the Consumer Data Right, last changed by them on 12 Oct 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.