Horizon Bank Reward Saver

savings accountterms checked

Reward Saver is a savings account from Horizon Bank. It pays 0.00% p.a. with no bonus conditions; 0.50% for the first 3 months.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays, intro the rate in the introductory period.

One rate on every balance, with no upper limit.

The intro column is the rate for the first 3 months of a new account, an add-on to the base rate for that period; after it the account pays its base rate, 0.00%.

Conditions

• to earn the 3.75% reward rate deposit at least $50 and make no withdrawals in each calendar month
• if the monthly condition is missed the reward rate is lost for that month
• the 1.00% intro bonus is fixed for 3 months and only for those who have never held a reward saver
• you must be an australian citizen or resident
• opening needs a $2 membership share in horizon credit union, which earns no interest

Features

app

yes

Osko

yes

PayID

yes

BPAY

yes

Other features, in the bank's words:

• 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

Fees, limits and who can open it

monthly fee

no monthly fee stated

other fees named

BULK_COIN_COUNTAGE, TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAY (no amount in the feed)

interest paid

monthly

interest calculated

daily

age

ages 18 and over

open to

personal customers

About this account

The Reward Saver account rewards you for saving. Deposit just $50 per month and make no withdrawals to earn the reward rate.

Data

• Horizon Bank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees.
• Our verbatim snapshot of the bank's product record (source), as fetched on 10 November 2026.
• We read the bank's own page and terms against this page on 1 November 2026: reward-saver, disclosure-documents, interest-rate-schedule, summary-of-accounts-access-facilities-features, general-terms-conditions, fees-charges-schedule; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/horizon-bank.json: this bank's accounts and every balance band as JSON; Horizon Bank's page lists them.
• The bank last updated this record on 9 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Horizon Bank

• Christmas Club savings account, 2.25% base at $50,000
• Direct savings account, 3.50% base at $50,000
• SMSF Saver savings account, 3.25% base at $50,000
• Super Savers savings account, 5.50% conditional at $50,000
• Teen Account savings account, 4.25% base at $50,000
• Youth Reward Saver savings account, 5.50% conditional at $50,000
• Cash Management cash management account, 2.25% base at $50,000
• Advantage 55 transaction account, 1.60% base at $50,000
• Business Savings transaction account, 0.01% base at $50,000
• Call Savings – S2 S20001 transaction account, 0.01% base at $50,000
• Call Savings – S4 S40001 transaction account, 0.01% base at $50,000
• Commercial Special Purstale transaction account
• Insurance Savings transaction account, 0.01% base at $50,000
• Redisavings transaction account, 0.01% base at $50,000

All of Horizon Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.