---
title: "REWARD SAVER — 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/S7_S7001
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-25T09:43:28.000+10:00
---

# REWARD SAVER — 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**

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

## At a glance

- **Base rate:** 0%
- **Intro rate:** 1% (conditions apply)

## Apply

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

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Introductory · 3 months | 1% | — | monthly |
| Variable | 0% | — | 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

- **Bonus Interest - To earn bonus interest account holder must make a minimum $50 deposit and no withdrawals per month.**
- **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)
- **Digital banking** (Internet Banking and Mobile Banking App)
- **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.)
- ** 3 month introductory bonus rate is available for new Reward Saver accounts**

## Eligibility

- **Minimum age** — 18 years

## More information from Horizon Bank

- [Overview](https://horizonbank.com.au/savings/savings-accounts/reward-saver/)
- [Terms & conditions](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: `S7_S7001`
- Last updated by the provider: 24 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/horizon-bank/S7_S7001
- 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/S7_S7001) — 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.

Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)