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Do you have cash that you don't need to access immediately? If so, a term deposit account is ideal for you. Choose your term and your amount and watch your money grow.

Up to 1.80% pa
Maximum Rate1

  • Terms available from 3 months to 2 years
  • Deposit as little as $500
  • Lock your money away from temptation

Apply OnlineView Interest RatesAsk HorizonCall 1300 366 565

1. This example is the optimum rate, the term and amount of deposit will result in a different rate. Check the key features for further information.
2. The minimum amount for a 1 or 2 month term deposit is $5,000. View Term Deposits $5,000 and over here
3. Monthly interest is available for a term of 12 months or more for deposits greater that $5,000. Rates for interest paid monthly is 0.10% p.a. less than those listed. Interest is paid annually on term deposits that are for a term of 1 year or more.
0.5% p.a more is paid on Term Deposits totalling a maximum of $10,000 for a Teen Saver account member

  Additional Information

Term Deposit $500 - $4999
Interest Rates
Maximum rate1.80% pa1
$500 to $4,999
1 monthNA
2 monthsNA
3 months1.60% pa
4 months1.70% pa
6 months1.80% pa
9 months1.70% pa
1 year1.80% pa
2 years1.80% pa
3 yearsNA
Features
Minimum Amount$5002
Minimum Term3 months
Maximum Term2 years
InterestCalculated daily, paid on maturity, annually, monthly3
Interest optionsReinvest with principal or transfer to Horizon account
Fees
Account keeping feeNo 



Joel & Amanda Rifkin wrote

"'The professional service and ease to contact the bank manager by a simple phone call or email and have all your questions answered immediately. Horizon proved their commitment to us when we lived in remote Australia for 4 years, they went above and beyond to make things happen for us. Where else would you get that type of personal service? We could not imagine banking with anyone else! Thank you Horizon Credit Union for making your customers your first priority."

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1 This example is the optimum rate, the term and amount of deposit will result in a different rate.

2 The minimum amount for a 1 or 2 month term deposit is $5,000.

3 Monthly interest is available for a term of 12 months or more for deposits greater that $5,000. Rates for interest paid monthly is 0.10% p.a. less than those listed. Interest is paid annually on term deposits that are for a term of 1 year or more. 0.5% p.a. more is paid on Term Deposits totalling a maximum of $10,000 for a Teen Saver account member.