Savings account · Up to 12 years

Horizon Bank Super Savers

5.25%p.a. total

2.25% base + 3.00% bonus when the conditions are met

49th of 151 savings accounts · market average 4.37%

The RBA raised the cash rate to 4.60% on 30 September. SUPER SAVERS hasn't moved yet. After the May rise it moved 27 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $2
  2. No withdrawals
A month without them

Pays the 2.25% base rate on the whole balance.

Who can open it

Anyone under 13

Balance

No balance cap.

Compare all 151 accounts

Rate history

Last change 2 June
  • SUPER SAVERS
  • RBA cash rate
  • Market average
4.004.505.005.50JunAugOctToday5.25% p.a. today

June 20261 change

  1. 2Tue
    • 5.00 → 5.25Base rate 2.00% → 2.25% · 27 days after the RBA rise to 4.35%
      +0.25

  1. #33MayMay 2026: ranked 33 of 79
  2. #11JunJune 2026: ranked 11 of 79
  3. #12JulJuly 2026: ranked 12 of 80
  4. #12AugAug 2026: ranked 12 of 80
  5. #19SepSep 2026: ranked 19 of 120
  6. #48OctOct 2026: ranked 48 of 150
  7. #49NowNov 2026: ranked 49 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

In the top 25% for 4 of the last 7 months. Never below the top 50%.

A year meeting the conditions
$2,625
A year without meeting the conditions
$1,125
Against the average (4.37%)
+$441

On a $50,000 balance. Type yours above; it's kept with your savings preferences.

Notes from savers

to leave a note.

Other Horizon Bank accounts: YOUTH REWARD SAVER 5.25% · Horizon Direct 3.50%

Pays 5.25% p.a. total (2.25% base plus 3.00% bonus) as of 1 November 2026. Ranks 49th of 151 savings accounts tracked by BankMate, 0.88 points above the average of 4.37%. The rate last rose on 2 June 2026, 27 days after the RBA raised the cash rate to 4.35%. From Horizon Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·