The Finance Algorithm
Summerland

Money Sense

An account for those aged 12 to 17 to enjoy the feeling of saving and the flexibility of card access.

Savings & transaction accountsBank updated 23 Sept 2026
At a glance
Pricing
Rates on application
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
Deposited Cheque Item FeeEventVaries
Dishonour FeeEvent$15
Honour FeeEvent$20
QuickDebit Dishonour FeeEvent$15
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsApple Pay.Google Pay
  • · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
  • · Minimum age 12
  • · Maximum age 18
  • · Residency: An eligibility constraint based on residency status applies.
  • · Available to individuals

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.