Summerland
Bonus Saver
Save for a holiday, car or even a deposit for a new home! Summerland's Bonus Saver account is designed to help you reach your savings goals. Deposit $100 per calendar month & make no withdrawals to earn bonus interest.
Savings & transaction accountsBank updated 23 Sept 2026
At a glance
- Bonus rate
- 4.50%
- Up to
- 4.50%
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | — | — | up to null | 4.50% | — | paid every 1 mo; Min deposit amount; To qualify for the full interest rate; no withdrawals can occur and deposits of at least $100 must occur within the calendar month, otherwise an interest rate of 0% will apply for that month. |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Deposited Cheque Item Fee | Event | Varies | — | — |
| Dishonour Fee | Event | $15 | — | — |
| Honour Fee | Event | $20 | — | — |
| QuickDebit Dishonour Fee | Event | $15 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
- · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
- · Residency: An eligibility constraint based on residency status applies.
§ 05 — Compare
§ 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.