Horizon Bank
Term Deposit
Horizon Bank · term deposits
Provider last updated this product 2026-10-06.
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You'll complete your application on
Horizon Bank's website. Confirm the rate and fees with them
before applying.
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.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 2.00% | 1 months | daily | $1,000 - $9,999,999.99, 1 - 1 months | - | calculated daily |
| FIXED | 2.00% | 2 months | daily | $1,000 - $9,999,999.99, 2 - 2 months | - | calculated daily |
| FIXED | 4.60% | 3 months | daily | $1,000 - $9,999,999.99, 3 - 3 months | - | calculated daily |
| FIXED | 4.80% | 4 months | daily | $1,000 - $9,999,999.99, 4 - 4 months | - | calculated daily |
| FIXED | 4.90% | 6 months | daily | $1,000 - $9,999,999.99, 6 - 6 months | - | calculated daily |
| FIXED | 5.00% | 9 months | daily | $1,000 - $9,999,999.99, 9 - 9 months | - | calculated daily |
| FIXED | 5.10% | 12 months | daily | $1,000 - $9,999,999.99, 12 - 12 months | - | calculated daily |
| FIXED | 4.90% | 24 months | daily | $1,000 - $9,999,999.99, 24 - 24 months | - | calculated daily, paid P365D |
| FIXED | 4.50% | 36 months | daily | $1,000 - $9,999,999.99, 36 - 36 months | - | calculated daily, paid P365D |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| ACCESS_&_EARLY_REDEMPTIONS | WITHDRAWAL | $25 | Withdrawals prior to the maturity date are permitted, however money withdrawn early from a term deposit will be paid at an adjusted rate of interest.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. |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-08-16 | 5.15% |
| 2026-08-17 | 2026-10-05 | 5.00% |
| 2026-10-06 | 2026-10-26 (current) | 5.10% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Limits
- min balance - 1000.00
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Fees and pricing › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-10-06T17:08:26.000+11:00 · Product ID: I50_I500001