CASH MANAGEMENT
Enjoy competitive interest rates without the need to lock your money away. The Cash Management account is used for flexible and quick access to large sums.
At a glance
- Base rate
- 0.01%
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.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| No bonus conditionsPaid whatever you deposit or spend | 0.01% | 4.80%MoveBank's Online Saver | 2.25%of 61 institutions | 56th highest of 61, level with 5 others |
Rates
Every rate Horizon Bank publishes for this account, 3 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | up to $50,000 | 0.01% | - | paid every 1 mo |
| Variable | - | - | $250,000+ | 3.50% | - | paid every 1 mo |
| Variable | - | - | $50,000–$250,000 | 2.25% | - | paid every 1 mo |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 13 Oct 2026 | Variable, $250,000+ | 3.25% | 3.50% | 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
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
- Manage payments from your bank account using PayTo.
Eligibility and limits
None published.
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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.