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.
- Fixed rate
- 5.15%
- 1 year
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed · 1 month | 2% | Term Deposit_Tier $1,000–$9,999,999.99Term Deposit_Tier 1 month | at maturity |
| Fixed · 2 months | 2% | Term Deposit_Tier $1,000–$9,999,999.99Term Deposit_Tier 2 months | at maturity |
| Fixed · 3 months | 4.5% | Term Deposit_Tier $1,000–$9,999,999.99Term Deposit_Tier 3 months | at maturity |
| Fixed · 4 months | 4.7% | Term Deposit_Tier $1,000–$9,999,999.99Term Deposit_Tier 4 months | at maturity |
| Fixed · 6 months | 4.9% | Term Deposit_Tier $1,000–$9,999,999.99Term Deposit_Tier 6 months | at maturity |
Fees
| Fee | Type | Amount |
|---|---|---|
| ACCESS_&_EARLY_REDEMPTIONS Withdrawals prior to the maturity date are permitted, however money withdrawn early from a term deposit will be paid at an adjusted rate of interest.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 the original term remaining. | Withdrawal | $25.00 |
Features
- Digital banking
- Internet Banking and Mobile Banking App.
Constraints
- Minimum balance — $1,000.00
More Information
Published by Horizon Bank under the Consumer Data Right · Last updated 30 June 2026 · Product ID I50_I500001 · View on CDR.gov.au · View Source Data (JSON)