BUSINESS SAVINGS
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.
- Base rate
- 0.01%
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 |
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
Eligibility
- Business customers
More Information
Published by Horizon Bank under the Consumer Data Right · Last updated 30 June 2026 · Product ID S11_S110001 · View on CDR.gov.au