Horizon BankREWARD SAVER
The Reward Saver account rewards you for saving. Deposit just $50 per month and make no withdrawals to earn the reward rate.
Savings & transaction accountsBank updated 27 Oct 2026
At a glance
- Base rate
- 0.00%
- Intro rate
- 0.50% for 3 mo
Rates
Every rate Horizon Bank publishes for this account, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Introductory | - | 3 mo intro | - | 0.50% | - | paid every 1 mo |
| Variable | - | - | - | 0.00% | - | paid every 1 mo |
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 banking
- Bonus Interest - To earn bonus interest account holder must make a minimum $50 deposit and no withdrawals per month.
- 3 month introductory bonus rate is available for new Reward Saver accounts
Eligibility and limits
- Minimum age 18
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Published by Horizon Bank under the Consumer Data Right, last changed by them on 27 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.