The Finance Algorithm
Summerland

Gold Class

For those aged 65 or over or receiving a Government Aged, Veteran or Disability Pension.

Savings & transaction accountsBank updated 23 Sept 2026
At a glance
Base rate
0.75%
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
Variableup to $2,0000.75%paid every 1 mo
Variable$10,000–$45,0001.70%paid every 1 mo
Variable$2,000–$10,0001.05%paid every 1 mo
Variable$45,000+2.55%paid every 1 mo
§ 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
  • · 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.