The Finance Algorithm
Summerland

Everyday Overdraft

Access extra cash when you need it through your everyday savings account.

OverdraftsBank updated 28 June 2026
At a glance
Pricing
Rates on application
Loan size
$1,000 to no maximum
Upfront fee
$175
Monthly fee
$8
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
Overdraft Facility FeePeriodic$8Every 1 mo
Loan Establishment FeeUpfront$175
§ 03 — Features
Guarantor optionInstant paymentsPayIDDigital banking
  • · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: A Permanent Australian Resident including those working overseas.
  • · Available to individuals
  • · Amount $1,000 to no maximum
  • · Lending criteria apply.

Published by Summerland Bank under the Consumer Data Right, last changed by them on 28 June 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.