The Finance Algorithm
At a glance
Base rate
0.00%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variable0.00%
Variable0.00%paid every 1 mo
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
BULK_COIN_COUNTAGEDeposit2.00% of transactionUp to 2% for bulk coin counting above $300. Fee excludes money boxes & community
DIRECT_DEBIT_DISHONOUREvent$9
STATEMENT_COPYEvent$2.50
VISA_CARD_REPLACEMENTEvent$9Australia only
FOREIGN_CHEQUE_DEPOSITTransaction$11
VISA_CARD_INTERNATIONAL_TRANSACTION_FEETransaction3.00% of transaction
FOREIGN_CASH_WITHDRAWAL_FROM_VISA_DEBIT_CARDWithdrawal$3
TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAYWithdrawal0.25% of transactionA fee of 0.25% of total cash withdrawals is charged for total cash withdrawals over $4000 in a day.
§ 03 — Features
Offset accountInstant paymentsPayIDDigital bankingApple Pay, Samsung Pay and Google Pay
  • · Manage payments from your bank account using PayTo.
§ 04 — Eligibility & limits

    Published by Horizon Bank under the Consumer Data Right, last changed by them on 2 July 2024. 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.