---
title: "BUSINESS SAVINGS — Horizon Bank"
description: "Transaction & Savings Accounts from Horizon Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/horizon-bank/products/S11_S110001
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-01T09:09:53.000+10:00
---

# BUSINESS SAVINGS — Horizon Bank

> Transaction & Savings Accounts from Horizon Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · HORIZON BANK**

Our Business Savings is ideal for small to medium business owners looking to manage cash flow.Take advantage of the wide range of access options available and added benefit of online business banking.

## At a glance

- **Base rate:** 0.01%

## Apply

Applications are handled by the provider: [Apply at Horizon Bank](https://horizonbank.com.au/forms/savings-account-or-term-deposit-application/)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 14.95% | — | — |

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 0.01% | — | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| 10_MONTHLY_FEE — Charged monthly | Ongoing | $10.00 |
| BULK_COIN_COUNTAGE — Up to 2% for bulk coin counting above $300. Fee excludes money boxes & community | Deposit | 2% of transaction |
| DIRECT_DEBIT_DISHONOUR | Event | $9.00 |
| FOREIGN_CASH_WITHDRAWAL_FROM_VISA_DEBIT_CARD | Withdrawal | $3.00 |
| FOREIGN_CHEQUE_DEPOSIT | Transaction | $11.00 |
| OVERDRAWN_SAVINGS_ACCOUNT — per occurence | Event | $20.00 |
| STATEMENT_COPY | Event | $2.50 |
| 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. | Withdrawal | 0.25% of transaction |
| VISA_CARD_INTERNATIONAL_TRANSACTION_FEE | Transaction | 3% of transaction |
| VISA_CARD_REPLACEMENT — Australia only | Event | $9.00 |

## Features

- **Card access** — Visa Debit
- **Digital banking** (Internet Banking and Mobile Banking App.)
- **Digital wallet** — Apple Pay, Samsung Pay and Google Pay
- **Overdraft available** (Available to eligible members on application. Lending criteria, terms and conditions, fees and charges apply.)
- **PayID** (Create a PayID through Horizon Bank s Internet Banking or Mobile Banking App to receive Osko payments with a unique identifier, such as your mobile number or email address, enabling you to receive and send money securely without the need to remember complex banking details.)
- **Real-time payments (NPP)** (This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds)
- **Bill payment (BPAY)** — BPAY (BPAY is an electronic bill payment service, providing a convenient access point for the payment and receipt of consumer bills.)
- **Manage payments from your bank account using PayTo.**

## Eligibility

- **Business customers**

## More information from Horizon Bank

- [Overview](https://horizonbank.com.au/more/business-banking/)
- [Terms & conditions](https://horizonbank.com.au/more/important-info/disclosure-documents/)
- [Eligibility](https://horizonbank.com.au/more/important-info/disclosure-documents/)
- [Fees & pricing](https://horizonbank.com.au/more/important-info/fees-and-charges/)

## Data provenance

- Published by Horizon Bank under the Consumer Data Right
- Product ID: `S11_S110001`
- Last updated by the provider: 30 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/horizon-bank/S11_S110001
- Provider page: https://www.cdrcompare.au/brands/horizon-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000211

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/horizon-bank/products/S11_S110001) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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