SummerlandEquity Extra Overdraft
A line-of-credit secured against the equity in your home.
At a glance
- Pricing
- Rates on application
- Loan size
- $10,000 to no maximum
- Upfront fee
- $200
- Monthly fee
- $3
Fees
17 fees published, grouped by when they're charged.
- When you take it outUp to $8004 fees, each listed below
- While you hold itUp to $103 fees, each listed below
- When you close it or pay it offNo fee published
When you take it out4
- Guarantee Establishment Fee$200
- Mortgage Establishment Fee$800
- Mortgage Extension Fee$300
- Settlement FeeVaries
While you hold it3
- Easy Access Monthly Access fee for customers 65 years and over or pensioners
A discounted monthly access fee for those 65 years and older or in receipt of an Aged, Invalid or Veterans Affairs Pension. You'll receive access to our rebate scheme which could see you paying no ac… Only customers younger than a maximum age receive the discount Combined Balances of between $50,000 and < $150,000 Combined Balances of $250,000 and above Combined Balances of between $150,000 and < $250,000
$3 a month - Easy Access Monthly Access Fee
For those who appreciate the convenience of managing your money your own way. You'll receive access to our rebate scheme which could see you paying no access fee at all depending on your combined sav… Only customers younger than a maximum age receive the discount Combined Balances of between $50,000 and < $150,000 Combined Balances of $250,000 and above Combined Balances of between $150,000 and < $250,000
$6 a month - Equity Extra Facility Fee$10 a month
When you make a transaction6
- Easy Access cheques included in deposits
3 FREE per month.
$0.50 - Easy Access staff assisted transaction
Easy access staff assisted transactions include in branch cash withdrawal, cheque withdrawal, cheque encashment, one-off internal funds transfer, one-off external funds transfer, one-off BPAY, Bank@P…
$3 - Essential Access cheques included in deposits
3 FREE per month.
$0.50 - Essential Access electronic transaction
Essential access electronic transactions include direct debits, NPP payments, eftpos, external funds transfer via internet banking or the banking app (including auto transfers). 10 FREE per month acr…
$1 - Essential Access staff assisted transaction
Essential Access staff assisted transactions include in branch cash withdrawal, cheque withdrawal, cheque encashment, one-off internal funds transfer, one-off external funds transfer, one-off BPAY, B…
$2 - Mortgage Discharge Fee$250
When particular things happen4
- Contract Variation/Consent Fee$300
- Dishonur Fee$15
- Honour Fee$20
- QuickDebit Dishonour Fee$15
Features
- Save on paper, receive and view your statements online with eStatements.
Eligibility and limits
- Minimum age 18
- Residency: A Permanent Australian Resident including those working overseas.
- Available to individuals
- Amount from $10,000, no maximum
- Lending criteria apply.
Compare it with others
Put this product through a calculator
Published by Summerland Bank under the Consumer Data Right, last changed by them on 2 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.