Horizon Bank Reward Saver
No conditions on the rateIntroductory rate
The Reward Saver account rewards you for saving. Deposit just $50 per month and make no withdrawals to earn the reward rate.
- Base rate up to
- Not published
- Introductory rate
- 1.00% for 3 months
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| Any balance | 0.00% |
Who can open it
- Age to open
- 18 and over
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
0.00%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.00%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A lower rate. Up to 0.00%, below the typical 3.65%, so your savings grow more slowly than in many other accounts.
- A low base rate. Only 0.00% in any month you miss the bonus conditions.
- An intro rate. Part of the rate lasts 3 months, then drops, so check again when it ends.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 0.05%
- Bonus conditions
- None
- Most it pays
- 0.05%
- Bonus conditions
- None
- Most it pays
- 0.50%
- Bonus conditions
- None
