CASH MANAGEMENT
Enjoy competitive interest rates without the need to lock your money away. The Cash Management account is used for flexible and quick access to large sums.
- Base rate
- 3.25%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0.01% | CASH MANAGEMENT_Tier_1 | monthly |
| Variable | 2% | CASH MANAGEMENT_Tier_2 | monthly |
| Variable | 3.25% | CASH MANAGEMENT_Tier_3 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| 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_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 |
Features
- Digital banking
- Internet Banking and Mobile Banking App.
- 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
- 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.
- 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.
More Information
Published by Horizon Bank under the Consumer Data Right · Last updated 30 June 2026 · Product ID S6_S60001 · View on CDR.gov.au