Summerland
Equity Extra
A line-of-credit secured against the equity in your home.
OverdraftsBank updated 23 Sept 2026
At a glance
- Pricing
- Rates on application
- Loan size
- $1,000 to no maximum
- Upfront fee
- $1,300
- Monthly fee
- $19
§ 02 — Fees · 17
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Contract Variation/Consent Fee | Event | $300 | — | — |
| Deposited Cheque Item Fee | Event | Varies | — | — |
| Dishonur Fee | Event | $15 | — | — |
| Honour Fee | Event | $20 | — | — |
| QuickDebit Dishonour Fee | Event | $15 | — | — |
| Easy Access Monthly Access fee for customers 65 years and over or pensioners | Periodic | $3 | Every 1 mo | 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 |
| Easy Access Monthly Access Fee | Periodic | $6 | Every 1 mo | 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 |
| Equity Extra Facility Fee | Periodic | $10 | Every 1 mo | — |
| Easy Access cheques included in deposits | Transaction | $0.50 | — | 3 FREE per month. |
| Easy Access staff assisted transaction | Transaction | $3 | — | 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… |
| Essential Access cheques included in deposits | Transaction | $0.50 | — | 3 FREE per month. |
| Essential Access electronic transaction | Transaction | $1 | — | 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… |
| Essential Access staff assisted transaction | Transaction | $2 | — | 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… |
| Mortgage Discharge Fee | Transaction | $250 | — | — |
| Guarantee Establishment Fee | Upfront | $200 | — | — |
| Mortgage Establishment Fee | Upfront | $800 | — | — |
| Mortgage Extension Fee | Upfront | $300 | — | — |
§ 03 — Features
Guarantor optionInstant paymentsPayIDDigital bankingUnlimited transactionsApple Pay.Google Pay
- · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
- · Amount $1,000 to no maximum
§ 06 — Run the numbers
Put this product through a calculator
Published by Summerland Bank under the Consumer Data Right, last changed by them on 23 Sept 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.