
TEEN ACCOUNT
A flexible everyday account for teenagers aged 13-17 years that s easily managed with no transaction fees.
Category: Transaction & Savings Accounts Last Updated April 8, 2024 Effective April 14, 2025
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information
Interest Rate
14.95% PA
14.95% PA
Comparison Rate
0.00%PA*
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
- Card Access
- Unlimited Txns Additional Information: Free unlimited every day transactions
- Digital Banking Additional Information: Internet Banking and Mobile Banking App.
- Digital Wallet
- Npp Payid Additional Information: Create a PayID through Horizon Banks 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.
- Npp Enabled Additional Information: 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
- Bill Payment Additional Information: BPAY is an electronic bill payment service, providing a convenient access point for the payment and receipt of consumer bills.
Product Eligibility
- Min Age - 13.
- Max Age - 18.
- Natural Person
Bank Fees and Charges
- Bulk Coin Countage (Deposit), Amount: Not Listed.. Additional Information: Up to 2% for bulk coin counting above $300. Fee excludes money boxes & community
- Direct Debit Dishonour (Event), Amount: 9.00.
- Foreign Cash Withdrawal From Visa Debit Card (Withdrawal), Amount: 3.00.
- Foreign Cheque Deposit (Transaction), Amount: 11.00.
- Overdrawn Savings Account (Event), Amount: 20.00. Additional Information: per occurence
- Statement Copy (Event), Amount: 2.50.
- Total Cash Withdrawal Above 4000 Per Day (Withdrawal), Amount: Not Listed.. Additional Information: A fee of 0.25% of total cash withdrawals is charged for total cash withdrawals over $4000 in a day.
- Visa Card International Transaction Fee (Transaction), Amount: Not Listed..
- Visa Card Replacement (Event), Amount: 9.00. Additional Information: Australia only
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