Summerland Bank
Every product Summerland Bank publishes under the Consumer Data Right, with its rates set beside every other bank's. It last changed one on 30 Oct 2026.
- Deposits are covered by the government's Financial Claims Scheme up to $250,000 per account holder, one cap shared with Regional Australia Bank under the same banking licence. Who shares a cap
- Australian credit licence and AFS licence 241167, held by Regional Australia Bank Ltd; credit licence since 1 February 2011. Complaints it can't resolve go to the Australian Financial Complaints Authority (AFCA). ASIC register
29 products in 7 categories
Summerland Bank's rates today
Summerland Bank's best rate in each category, next to the best you'll find anywhere and the typical institution's best, as of 7 November 2026. Only products anyone can apply for are counted.
Where Summerland Bank sits among every institution's best
| Rate | Summerland Bank | Best anywhere | Typical institution |
|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.14%Basic Variable Home Loan | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions |
| 3-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.37%Fixed Rate Loan | 6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package | 6.69%of 80 institutions |
| Savings accountBase plus any bonus, when its conditions are met | 4.75%Bonus Saver | 5.75%Defence Bank Limited's iSaver | 4.85%of 73 institutions |
| 12-month term depositBest rate for a 12-month term | 5.25%Fixed Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 7.24%Personal Loan | 5.80%Plenti Personal Loan | 7.96%of 68 institutions |
| Business overdraftLowest advertised rate; most are variable | 10.54%Business Plus Overdraft | 8.24%IMB Bank's Commercial Credit line | 10.06%of 12 institutions |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 7.54%Business Loan | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions |
Summerland Bank home loan repayments
Repayments at Summerland Bank's lowest published rate for each loan type: owner occupier at 80% LVR unless marked investor, principal and interest, products open to anyone.
- VariableBasic Variable Home Loan6.14%6.20% comparison$3,651a month
$714,535 in interest, $1,314,535 repaid in all
- 1-year fixedFixed Rate Loan6.35%6.62% comparison$3,733a month
$744,029 in interest, $1,344,029 repaid in all
- 2-year fixedFixed Rate Loan6.38%6.61% comparison$3,745a month
$748,265 in interest, $1,348,265 repaid in all
- 3-year fixedFixed Rate Loan6.37%6.58% comparison$3,741a month
$746,853 in interest, $1,346,853 repaid in all
- 5-year fixedFixed Rate Loan6.77%6.73% comparison$3,900a month
$803,845 in interest, $1,403,845 repaid in all
- Investor variableBasic Variable Investment Loan6.34%6.40% comparison$3,729a month
$742,618 in interest, $1,342,618 repaid in all
Principal and interest, monthly, as if the rate held for the whole term: a fixed rate reverts to a variable one when the fixed period ends. Fees, offsets and extra repayments aren't included; the repayment calculator handles those. Not Summerland Bank's own calculator: confirm the rate with Summerland Bank before you apply.
Summerland Bank home loan rates
Compare across banks8 products
Its lowest owner-occupier variable home loan rate (principal and interest, 80% LVR) is 6.14%, with a comparison rate of 6.20%, on its Basic Variable Home Loan: 9th lowest of 104 lenders, level with 5 others.
- Basic Variable Home Loan
- Variable (owner occ. P&I)
- 6.14%, 6.20% comparison
- Annual fee
- $96
- Features
- redraw, extra repayments
- Basic Variable Investment Loan
- Variable (investor P&I)
- 6.34%
- Annual fee
- $96
- Features
- redraw, extra repayments
- ECO Home Loan
- Variable (owner occ. P&I)
- 6.09%, 6.15% comparison
- Features
- redraw, extra repayments
- ECO Investment Home Loan
- Variable (investor P&I)
- 6.34%
- Features
- redraw, extra repayments
- Fixed Rate Investment Loan
- Annual fee
- $96
- Features
- redraw, extra repayments
- Fixed Rate Loan
- Fixed
- 1 yr 6.35%, 2 yrs 6.38%, 3 yrs 6.37%, 4 yrs 6.62%, 5 yrs 6.77%
- Annual fee
- $96
- Features
- redraw, extra repayments
- Premium Variable Home Loan
- Variable (owner occ. P&I)
- 6.24%, 6.60% comparison
- Annual fee
- $380
- Features
- offset, redraw, extra repayments
- Premium Variable Investment Ln
- Variable (investor P&I)
- 6.44%
- Annual fee
- $380
- Features
- offset, redraw, extra repayments
Summerland Bank savings and transaction account rates
Compare across banks10 products
Its highest savings rate is up to 4.75% (0.00% base plus a 4.75% bonus when its conditions are met), on its Bonus Saver: 40th highest of 84 institutions.
- Bonus Saver
- Bonus rate
- 4.75%
- Up to
- 4.75%
- Business Plus
- Pricing
- Rates on application
- Monthly fee
- $10
- Community First
- Pricing
- Rates on application
- Community Partnership Account
- Pricing
- Rates on application
- Everyday
- Pricing
- Rates on application
- Gold Class
- Base rate
- 0.75%
- Home Loan Offset
- Pricing
- Rates on application
- iSave Online
- Base rate
- 0.75%
- Intro rate
- 5.70%
- Money Sense
- Pricing
- Rates on application
- Supersaver
- Pricing
- Rates on application
Summerland Bank term deposit rates
Compare across banks1 product
Its highest 12-month term deposit rate is 5.25%, on its Fixed Term Deposit: 43rd highest of 65 institutions, level with 3 others.
| Rate | Summerland Bank | Best anywhere | Typical institution |
|---|---|---|---|
| 3-month term depositBest rate for 3 months | 3.50%Fixed Term Deposit | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions |
| 6-month term depositBest rate for 6 months | 4.90%Fixed Term Deposit | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions |
| 12-month term depositBest rate for 12 months | 5.25%Fixed Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| 2-year term depositBest rate for 2 years | 4.70%Fixed Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions |
| 3-year term depositBest rate for 3 years | 4.20%Fixed Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions |
| 5-year term depositBest rate for 5 years | 3.65%Fixed Term Deposit | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions |
Summerland Bank personal loan rates
Compare across banks2 products
Its lowest advertised personal loan rate is 7.24% variable, with a comparison rate of 7.84%, on its Personal Loan: 39th lowest of 69 lenders.
Summerland Bank business loan rates
Compare across banks1 product
Its lowest advertised business loan rate is 7.54% fixed, on its Business Loan: 19th lowest of 49 lenders, level with one other.
Summerland Bank overdraft rates
Compare across banks5 products
Its lowest advertised overdraft rate is 10.54% variable, on its Business Plus Overdraft: 17th lowest of 23 lenders.
- Business Plus Overdraft
- Variable
- 10.54%
- Loan size
- $1,000 to no maximum
- Upfront fee
- $800
- Equity Extra
- Pricing
- Rates on application
- Loan size
- $1,000 to no maximum
- Upfront fee
- $200
- Equity Extra Investment Overdr
- Variable
- 10.54%
- Loan size
- $10,000 to no maximum
- Upfront fee
- $200
- Equity Extra Overdraft
- Pricing
- Rates on application
- Loan size
- $10,000 to no maximum
- Upfront fee
- $200
- Everyday Overdraft
- Pricing
- Rates on application
- Loan size
- $1,000 to no maximum
- Upfront fee
- $175
Has Summerland Bank passed on the RBA's November 2026 rate rise?
Summerland Bank hasn't changed its published variable home loan rates since the RBA's 4 Nov 2026 rise.
Its published savings rates haven't moved since the RBA's 4 Nov 2026 rise.
Fri 30 Oct
Summerland Bank lifted 6 savings rates by 0.10 to 0.25 percentage points.
0.10 to 0.25- Bonus Saver (1 rate)
- iSave Online (2 rates)
- Gold Class (3 rates)
Fri 23 Oct
Summerland Bank lifted 1 personal loan rate by 0.25 percentage points.
0.25
Published by Summerland Bank under the Consumer Data Right, last changed by them on 30 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.