The Reward Saver account rewards you for saving. Deposit just $50 per month and make no withdrawals to earn the reward rate.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 0.50% | Introductory | Introductory rate for a limited period, then the standard rate applies Bonus conditions are described in the lender's own words; see the lender's page Not compared in rate tables | CDR | 1 Nov 2026 |
| 0.00% | Variable | Bonus conditions are described in the lender's own words; see the lender's page | CDR | 1 Nov 2026 |
Report an error
Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://onlinebanking.horizonbank.com.au/openbanking/cds-au/v1/banking/products/S7_S7001- Content hash
sha256 d7aa97cdd3d2c2163a82c55e4cefa009b1f9637072242177cf450abd7db14e20- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_d7aa97cdd3d2c216_781bab51Show details
- Checked
- 1 Nov 2026
- URL
https://onlinebanking.horizonbank.com.au/openbanking/cds-au/v1/banking/products/S7_S7001- Content hash
sha256 d7aa97cdd3d2c2163a82c55e4cefa009b1f9637072242177cf450abd7db14e20- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| BULK_COIN_COUNTAGE | Deposit | 2.00% |
| DIRECT_DEBIT_DISHONOUR | Event | $9.00 |
| FOREIGN_CHEQUE_DEPOSIT | Transaction | $11.00 |
| OVERDRAWN_SAVINGS_ACCOUNT | Event | $20.00 |
| STATEMENT_COPY | Event | $2.50 |
| TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAY | Withdrawal | 0.25% |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | Bonus Interest - To earn bonus interest account holder must make a minimum $50 deposit and no withdrawals per month. | |
| Npp enabled | 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 | |
| Npp 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 is an electronic bill payment service, providing a convenient access point for the payment and receipt of consumer bills. |
| Other | 3 month introductory bonus rate is available for new Reward Saver accounts | |
| Eligibility: min age | 18 |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Introductory | 1 Nov 2026 | Current | 0.50% |
| Variable | 1 Nov 2026 | Current | 0.00% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
pricing:bonus-unstated | Bonus conditions in the lender's own words | A total rate can't be worked out, so the product is display only |
bonus-conditions-free-text | Reason this product is not ranked | |
bonus-base-relationship-unstated | Reason this product is not ranked | |
Registered channels
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