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Horizon Bank Credit Cards

Horizon Bank offers a Visa credit card that allows you to save through its low interest rate and no ongoing fees.

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Horizon Bank
Horizon Bank began operations in 1964, in the form of Illawarra County Council Staff Credit Union, providing services only to employees of the Council. A rule change in 1971 allowed family members to join as well. Bega Valley Credit Union merged with this credit union in 1980, leading to a new name, ICC Mutual Credit Union. Further mergers took place down the line and the name, Horizon Credit Union, came into effect in 1995. Horizon Credit Union has branches spread across New South Wales, in Albion Park, Bega, Bermagui, Merimbula, Moruya, Nowra, Thirroul, Ulladulla, and Wollongong. It offers its members an array of financial services and products, which include a Visa credit card.

Comparing the Horizon Bank Credit Card

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Interest Free Period Annual fee Balance transfer rate Balance transfer rate
Horizon Bank Visa Credit Card
4.99% for 5 months, reverts to 12.95% p.a.
Up to 55 days on purchases
$0 p.a.
4.99% p.a. for 5 months
4.99% p.a. for 5 months
Save with 12.95% p.a. on purchases. Plus, enjoy $0 annual fee for the life of the card.
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Types of credit cards that Horizon Bank offers

Horizon Bank, in conjunction with Visa, offers a credit card that gives cardholders easy access to funds.

  • Low rate credit cards

If you want to benefit through a low interest rate and don’t require extras like complimentary insurance covers and reward points, a low rate card should suit you well. The Visa credit card that Horizon offers comes with a low interest rate and you don’t have to pay any ongoing monthly or annual account keeping fees. It also comes with a promotional interest rate for balance transfers and purchases. If you use this card in the right manner, you can even get up to 55 interest-free days on purchases.

Learn more about low rate credit cards

Benefits of banking with Horizon Bank credit cards

While the Visa credit card that you get through Horizon Bank does not offer too much in the form of features, it does offer some notable benefits.

  • Promotional rate

This Visa credit card comes with a discounted interest rate that applies on balance transfers and purchases, and this rate stays in place for 5 months from the date of your application’s approval. Any outstanding balance at the end of this 5 months period starts attracting the card’s standard interest rate.

  • Easy access to funds

Millions of merchants over the world accept Visa payments, so you can use this credit card just about anywhere. You can use this card to make purchases in brick-and-mortar stores and to make online and over the phone purchases. You can withdraw up to $1,000 per day from any ATM that displays the Visa logo. If you prefer shopping online you can register with Visa Checkout, and once you do this you can shop much faster using the Visa Checkout option. You can access Visa Checkout using a computer, a tablet, or a smartphone.

  • Security

Visa fraud protection provides peace of mind when you use your card in-store, online, or over the phone. The chip technology these cards use works as a safety barrier when you make in-store purchases. When you use this card to make online purchases ‘Verified by Visa’ works as an additional line of defence, and more than 200,000 online merchants rely on this technology.

How to apply for a Horizon Bank credit card

If you require professional assistance to complete your application you can drop into a Horizon Bank a branch or speak to a Horizon representative over the phone. You can download an application form and mail or fax it in once complete. To apply, you have to meet certain eligibility criteria, which are as follows.

Eligibility criteria

  • You are a permanent resident of Australia
  • You are over 18 years of age
  • You don’t have poor creditworthiness

For quick assessment of your application keep the following documentation handy because you would have to submit the same when you receive conditional approval.

Required documents

  • Copies of last two payslips, and new Horizon borrowers should provide letters from their employers stating commencement date of employment and income details
  • Source of other income and supporting proof
  • Self-employed individuals should provide Notices of Assessment and tax returns for last two financial years
  • Current statements of existing loans, credit cards, and store cards
  • A copy of council rates notice, if you are a home owner
  • A copy of rental receipt, if you are a renter
  • New Horizon members should provide copies of savings account statements that show income credits for the last six months

What happens next?

Once you submit your completed application, a Horizon Bank rep might contact you for further documentation. A phone call goes to your employer’s payroll department to verify your income. If you’re new with Horizon Bank you have to go through an identity verification process, as stipulated by the Australian government. This might require you to visit a Horizon Bank branch.

Frequently asked questions

Certain questions about Horizon credit cards are all too common, and here are answers to the same. If you can’t find an answer to any particular question, use the form at the bottom of the page to ask.

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Credit Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
ANZ Low Rate - Exclusive Offer
12.49% p.a.
0% p.a. for 25 months with 1.5% balance transfer fee
$0 p.a. annual fee for the first year ($58 p.a. thereafter)
Finder Exclusive
Save with 0% p.a on balance transfers for 25 months (with a 1.5% BT fee) and $0 first year annual fee.
Bankwest Zero Platinum Mastercard
17.99% p.a.
2.99% p.a. for 9 months
$0 p.a.
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and a balance transfer offer.
ANZ Frequent Flyer Black
20.24% p.a.
20.24% p.a.
$425 p.a.
Earn 100,000 bonus Qantas Points, 75 bonus Status Credits and $150 back when you spend $3,000 in the first 3 months with this premium card.
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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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