---
title: "Bonus Saver — Summerland Bank"
description: "Transaction & Savings Accounts from Summerland Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/summerland-bank/products/2
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-29T00:00:41.5909154Z
---

# Bonus Saver — Summerland Bank

> Transaction & Savings Accounts from Summerland Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

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.

## At a glance

- **Bonus rate:** 4.5% (conditions apply)

## Apply

Applications are handled by the provider: [Apply at Summerland Bank](https://www.summerland.com.au/open-an-account/)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Bonus (Minimum deposit amount) | 4.5% | Bonus $0+ | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| QuickDebit Dishonour Fee | Event | $15.00 |
| Deposited Cheque Item Fee | Event | Variable |
| Honour Fee | Event | $20.00 |
| Dishonour Fee | Event | $15.00 |

## Features

- **Digital banking** (Open accounts, check balances, view transactions, transfer funds, schedule payments, BPAY, eStatements, SMS alerts, activate cards, change card PIN, mark card lost or stolen, loan redraw, loan status update, accept loan contracts and send secure messages.

)
- **Notifications** — Event based notifications.
- **Real-time payments (NPP)**
- **PayID** (Set up a pay ID to receive lightning fast payments.)
- **Save on paper, receive and view your statements online with eStatements.**
- **Unlimited transactions** (Simple Access Fee Package customers receive free monthly account access including unlimited domestic card, ATM, Internet and Mobile Banking transactions, along with unlimited Bank@Post and staff assisted deposits and withdrawals.)

## Eligibility

- **Residency status** — An eligibility constraint based on residency status applies.

## More information from Summerland Bank

- [Overview](https://summerland.com.au/saving-investing-accounts)
- [Terms & conditions](https://www.summerland.com.au/account-access-facility-conditions-of-use)
- [Eligibility](https://www.summerland.com.au/summary-of-accounts-and-access-facilities)
- [Fees & pricing](https://www.summerland.com.au/fees-charges-transaction-limits)

## Data provenance

- Published by Summerland Bank under the Consumer Data Right
- Product ID: `2`
- Last updated by the provider: 29 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/summerland-bank/2
- Provider page: https://www.cdrcompare.au/brands/summerland-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000119

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/summerland-bank/products/2) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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