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Interest Rates

Interest rates

Keep informed on all the latest interest rates for savings, loans, and investments
as well as any fees and charges associated with our products.

Rates effective: 27 October 2025

Everyday Accounts  Interest rate  
Redisavings

0.01% p.a.

More info
Advantage 55

$0 - $9,999: 0.01% p.a.  

$10,000 - $49,999: 1.05% p.a.  

$50,000 - $249,999: 1.35% p.a.  

$250,000 or more: 1.85% p.a.  

 More info

Advantage

(not available for new business)

 0.00% p.a. More info
Super Saver 4.50% p.a. More info
Teen Saver 3.25% p.a. More info
Community Support 0.01% p.a. More info
Business Saver 0.01% p.a. More info

 

Rates effective: 27 October 2025

Savings Accounts Interest rate  
Special Purpose 0.01% p.a. More info
Cash Management

0.01% p.a. Deposits $0 - $49,999

1.25% p.a. Deposits $50,000 - $249,999

2.55% p.a. Deposits $250,000 or more

 More info
Christmas Club 1.25% p.a. More info
Horizon Direct 2.50% p.a. More info

Reward Saver

3.50% p.a.

More info
Youth Reward Saver 4.50% p.a. More info
SMSF Saver 2.25% p.a.   More info

 

 

Rates effective: 27 October 2025

Term Deposit Accounts Interest rates
Interest paid on maturity or annually. $1,000+
1 month 1.25% p.a.  
2 months 1.50% p.a.  
3 months 3.60% p.a.  
4 months 3.90% p.a.  
6 months 3.80% p.a.  
9 months 3.70% p.a.  
1 year 3.70% p.a.  
2 years 3.50% p.a.  
3 years 3.50% p.a.  
More info

 

Rates effective: 27 October 2025

Home Sweet Home Loan LVR Interest rate p.a. Comparison rate p.a. Standard Rate p.a.
Principal & Interest <=70% 5.14% p.a. 5.84% p.a. 5.74% p.a.
Principal & Interest >70% 5.29% p.a. 5.99% p.a. 5.89% p.a.
Interest Only <=70% 5.94% p.a.   6.16% p.a. 5.94% p.a.
Interest Only >70% 6.09% p.a. 6.31% p.a. 6.09% p.a.

 

First Home Buyer Loan LVR  Interest rate p.a. Comparison rate p.a.
Principal & Interest <=70% 4.99% p.a. 4.99% p.a.
Principal & Interest >70% 5.14% p.a. 5.14% p.a.
Interest Only <=70% 5.19% p.a. 5.19% p.a.
Interest Only >70% 5.34% p.a. 5.34% p.a.

 

Fixed Home Loan - Principal & Interest LVR Interest rate p.a. Comparison rate p.a.
1 Year <=70% 4.94% p.a. 5.74% p.a.
2 Years <=70% 4.84% p.a. 5.65% p.a.
3 Years <=70% 4.84% p.a. 5.58% p.a.
5 Years <=70% 5.44% p.a. 5.70% p.a.
1 Year >70% 5.09% p.a. 5.89% p.a.
2 Years >70% 4.99% p.a. 5.80% p.a.
3 Years >70% 4.99% p.a. 5.72% p.a.
5 Years >70% 5.59% p.a. 5.85% p.a.

Rates effective: 27 October 2025

Investment Home Sweet Home Loan LVR Interest rate p.a. Comparison rate p.a. Standard Rate p.a.
Principal & Interest <=70% 5.39% p.a. 6.09% p.a. 5.99% p.a.
Principal & Interest >70% 5.54% p.a. 6.24% p.a. 6.14% p.a.
Interest Only <=70% 5.59% p.a. 6.29% p.a. 6.19% p.a.
Interest Only >70% 5.74% p.a. 6.44% p.a. 6.34% p.a.

 

Investment First Home Buyer LVR Interest rate p.a.  Comparison rate p.a.
Principal & Interest <=70% 5.24% p.a. 5.24% p.a.
Principal & Interest >70% 5.39% p.a. 5.39% p.a.
Interest Only <=70% 5.44% p.a. 5.44% p.a.
Interest Only >70% 5.59% p.a. 5.59% p.a.

 

Investment Fixed Home Loan - Principal & Interest LVR Interest rate p.a. Comparison rate p.a.
1 Year <=70% 5.19% p.a. 5.99% p.a.
2 Years <=70% 5.09% p.a. 5.90% p.a.
3 Years <=70% 5.09% p.a. 5.82% p.a.
5 Years <=70% 5.69% p.a. 5.95% p.a.
1 Year >70% 5.34% p.a. 6.14% p.a.
2 Years >70% 5.24% p.a. 6.05% p.a.
3 Years >70% 5.24% p.a. 5.97% p.a.
5 Years >70% 5.84% p.a. 6.09% p.a.

 

Investment Fixed Home Loan - Interest only LVR Interest rate p.a. Comparison rate p.a.
1 Year <=70% 5.39% p.a. 6.19% p.a.
2 Years <=70% 5.29% p.a. 6.10% p.a.
3 Years <=70% 5.29% p.a. 6.15% p.a.
5 Years <=70% 5.89% p.a. 6.28% p.a.
1 Year >70% 5.54% p.a. 6.34% p.a.
2 Years >70% 5.44% p.a. 6.25% p.a.
3 Years >70% 5.44% p.a. 6.30% p.a.
5 Years >70% 6.04% p.a. 6.42% p.a.

Rates effective: 27 October 2025

Personal/Car Loans Interest Rate Comparison Rate  
Budget Personal Loan 9.99% p.a. 10.67% p.a. More info
Loans Secured by Deposit Security Agreement of Savings 5.79% p.a. 6.00% p.a. More info
Loans Secured by Mortgage 5.79% p.a. 7.84% p.a. More info
New Car Loan (Fixed Rate) 5.99% p.a. 6.21% p.a. More info
Used Car Loan (Variable Rate) 7.99% p.a. 8.20% p.a. More info
Green Personal Loan 6.49% p.a. 7.16% p.a. More info
Green New Car Loan 5.49% p.a. 5.71% p.a. More info
Green Used Car Loan 7.39% p.a. 7.61% p.a. More info

Rates effective: 27 October 2025

Overdrafts Interest Rate Comparison Rate  
Budget Overdraft 11.00% p.a. N/A More info

Rates effective: 27 October 2025

Visa Credit Card Interest Rate More information
SPECIAL for 5 months on balance transfers and purchases 4.99% p.a. Learn more
Credit Card 12.95% p.a. Learn more

Why choose us?

  • 1 For each tier of interest the applicable interest rate is only paid on the portion of the balance detailed for each tier and not on the entire balance.
  • 2 The Advantage account attracts a $4 monthly fee. This fee is waived if you maintain a minimum monthly balance of $2,000 for the month OR if a minimum of $2,000 is deposited for the month. Zero transaction fees will apply if either of these conditions are met.
  • 3 Earn bonus interest when a total of $2 or more is deposited and no withdrawals are made in each calendar month. Note 1.50% pa interest is applied if the conditions are not followed. 0.25% p.a. more is paid on Term Deposits totaling a maximum of $10,000 for a Super Saver account. See Term Deposits for more information.
  • 4 0.25% p.a. more is paid on Term Deposits totaling a maximum of $10,000 for a Teen Saver account. See Term Deposits for more information.
  • 5 The organisation must be a non-profitable, a charity or non-licenced group/organisation. There must be an elected committee. Signed copies of the minutes from the last Annual General Meeting must be presented if the organisation/group is new, or a copy of the formation minutes will suffice. The organisation must not have paid employees.
  • 6 Withdrawals are only available from 1 November to 31 January.
  • 7 This is an online account only. No transactions can be made at a branch.
  • 8 To earn reward interest account holders must make a minimum $50 deposit and no withdrawal per calendar month. If bonus criteria are not met, the Reward Saver rate is forfeited.
  • 9 This account is for members aged 13 to 17 years. Funds are at call. Reward interest is earned if a total of $10 or more is deposited and no withdrawals are made in the calendar month. Note: If the conditions are not followed during the calendar month, the balance will attract 1.50% pa interest.
  • 10 Terms and conditions, fees & charges apply and are available on application. Approval conditions apply. The loan is secured and the rate is variable. Additional fees and charges will apply. The establishment fee is for one property, one mortgage preparation and one property valuation only. SPECIAL DISCOUNT RATE - The rate includes a 0.60%p.a. honeymoon discount for 2 years. Available for new business only.
  • 11 The comparison rate is calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • 12 Terms and conditions, fees & charges apply and are available on application. Approval conditions apply. The loan is secured and the rate is variable. Additional fees and charges will apply. The establishment fee is for one property, one mortgage preparation and one property valuation only.
  • 13 Terms and conditions, fees & charges apply and are available on application. Approval conditions apply. The loan is secured and the rate is variable. All borrowers must be first home buyers and must have not previously purchased property in Australia.
  • 14 Fixed rate reverts to our Home Sweet Home Loan rate after fixed term period.
  • 15 The comparison rates are calculated on a loan amount of $150,000 over a term of 25 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All loans are secured. Fixed interest rate home loans are fixed for the term specified in the Offer and Loan Contract after which the interest rate will revert to the Home Sweet Home Loan variable interest rate applicable at the time. The standard variable rate is published at each Horizon Bank branch. Terms and Conditions, fees and charges apply and are available on request.
  • 16 Terms and conditions, fees & charges apply and are available on application. Approval conditions apply. The loan is secured and the rate is variable. Additional fees and charges will apply. The establishment fee is for one property, one mortgage preparation and one property valuation only. SPECIAL DISCOUNT RATE - The rate includes a 0.60%p.a. honeymoon discount for 2 years. Available for new business only.
  • 17 Fixed rate reverts to our Home Sweet Home Loan Residential Investment rate after fixed term period.
  • 18 The comparison rates are calculated on a loan amount of $150,000 over a term of 25 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All loans are secured. Fixed interest rate home loans are fixed for the term specified in the Offer and Loan Contract after which the interest rate will revert to the Home Sweet Home Residential Investment Loan variable interest rate applicable at the time. The standard variable rate is published at each Horizon Bank branch. Terms and Conditions, fees and charges apply and are available on request
  • 19 The comparison rate is calculated on a loan amount of $10,000 over a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • 20 The comparison rate is calculated on a loan amount of $30,000 over a term of 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • 21 Horizon Bank reserves the right to determine whether a purchase is eligible for the Green Personal Loan.

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Horizon Credit Union Ltd ABN 66 087 650 173 AFSL and Australian Credit Licence Number 240573 trading as Horizon Bank
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Horizon Bank acknowledges the Traditional Owners of the lands across Australia as the continuing custodians of Country & Culture. We pay our respects to First Nations people and their Elders, past and present.