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Horizon Bank · Term deposit · 7 terms
LiveTerm Deposit
The Horizon Bank Term Deposit pays up to 5.00% p.a. as of 18 September 2026, over a 12-month term, 203rd of 590 12-month deposits tracked by BankMate. It is offered over seven terms from 3 months to 3 years, with interest paid at maturity or annually, from a $1,000 deposit. Its rates last changed on 1 September 2026.
5.00%p.a. · 1 year
interest at maturity or annually; from $1,000
Early withdrawal is not allowed.
Rates over time
Best rate per term- RBA cash rate
- Market average · 12-month deposits
- 3 months
- 6 months
- 9 months
- 1 year
- 2 years
- 3 years
Changes
1 change since 24 Apr 2026- Term Deposit · 5 terms cut 0.10 to 0.15mixed
- 3-month 4.50 → 4.40
- 4-month 4.70 → 4.60
- 6-month 4.90 → 4.80
- 9-month 5.00 → 4.90
- 12-month 5.15 → 5.00
Rates by term
Ranked within each term- 3 months
- 4.60% · #137 of 369 3-month deposits
- 6 months
- 4.80% · #162 of 547 6-month deposits
- 9 months
- 4.90% · #123 of 500 9-month deposits
- 1 year
- 5.00% · #203 of 590 12-month deposits
- 2 years
- 4.90% · #114 of 394 24-month deposits
- 3 years
- 4.50% · #117 of 345 36-month deposits
Deposit
- Minimum deposit
- $1,000
- Maximum deposit
- $10,000,000
Interest
- Paid
- At maturity or Annually
- Compounding
- monthly
Early withdrawal
- Before maturity
- Not allowed
About this product
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.