Horizon Bank
Term Deposit
Lock away your money with confidence knowing how much you'll earn. Choose from one of our flexible terms on offer, the minimum investment is $1000.
Term depositsBank updated 17 Aug 2026
At a glance
- Best rate
- 5.00% for 12m
- 12 months
- 5.00%
- Min deposit
- $1,000
§ 01 — Rates · 9
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | — | 1 mo | $1,000–$10,000,000 | 2.00% | — | paid at maturity |
| Fixed | — | 1 yr | $1,000–$10,000,000 | 5.00% | — | paid at maturity |
| Fixed | — | 2 mo | $1,000–$10,000,000 | 2.00% | — | paid at maturity |
| Fixed | — | 2 yrs | $1,000–$10,000,000 | 4.90% | — | — |
| Fixed | — | 3 mo | $1,000–$10,000,000 | 4.40% | — | paid at maturity |
| Fixed | — | 3 yrs | $1,000–$10,000,000 | 4.50% | — | — |
| Fixed | — | 4 mo | $1,000–$10,000,000 | 4.60% | — | paid at maturity |
| Fixed | — | 6 mo | $1,000–$10,000,000 | 4.80% | — | paid at maturity |
| Fixed | — | 9 mo | $1,000–$10,000,000 | 4.90% | — | paid at maturity |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| ACCESS_&_EARLY_REDEMPTIONS | Withdrawal | $25 | — | Withdrawals prior to the maturity date are permitted, however money withdrawn early from a term deposit will be paid at an adjusted rate of interest. The adjusted rate is based on the percentage of t… |
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
- · Minimum balance $1,000
§ 06 — Run the numbers
Put this product through a calculator
Published by Horizon Bank under the Consumer Data Right, last changed by them on 17 Aug 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.