---
title: "Personal Loan — Summerland Bank"
description: "Personal Loans 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/49
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-30T14:00:40.6825765Z
---

# Personal Loan — Summerland Bank

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

**Personal Loans**

Competitive, flexible and great for helping you get what you want sooner.

## At a glance

- **From:** 6.99% (7.59% comparison)

## Apply

Applications are handled by the provider: [Apply at Summerland Bank](https://application.summerland.com.au/nPortal__SelfRegistration?product=a0uOm000005EqqhIAC&core=es5)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Secure your loan with cash to receive a reduced rate.) | 6.99% | 7.59% | — |
| Variable (A loan for environmentally friendly purposes.) | 7.34% | 7.52% | — |
| Variable (Use the value in your home for a personal loan at a reduced rate.) | 8.44% | 9.03% | — |
| Variable (General purpose Personal Loan ($3,000 & above)) | 11.24% | 13.48% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Loan Establishment Fee — Discount −$45.00 — A loan for environmentally friendly purposes. (eligibility: Other) | Upfront | $175.00 |
| Redraw Fee | Transaction | $25.00 |
| Contract Variation/Consent Fee | Event | $175.00 |
| Loan Administration Fee — Charged monthly | Ongoing | $5.00 |
| QuickDebit Dishonour Fee | Event | $15.00 |
| Loan Administration Fee — Charged monthly · Discount −$5.00 — A loan for environmentally friendly purposes. (eligibility: Other) | Ongoing | $5.00 |
| Guarantee Establishment Fee | Upfront | $175.00 |

## 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.
)
- **Extra repayments** (Unlimited extra repayments)
- **Guarantor supported**
- **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.**
- **Redraw facility** (Access additional payments made to your loan. Minimum $500. 
)

## Eligibility

- **Minimum age** — 17 years
- **Individuals only**
- **Lending criteria apply.**
- **Residency status** — A Permanent Australian Resident including those working overseas.

## Constraints

- **Maximum limit** — $100,000.00
- **Minimum limit** — $3,000.00

## More information from Summerland Bank

- [Overview](https://summerland.com.au/my-banking/personal-loans/)
- [Terms & conditions](https://www.summerland.com.au/account-access-facility-conditions-of-use)
- [Fees & pricing](https://www.summerland.com.au/loans-fees-charges)

## Data provenance

- Published by Summerland Bank under the Consumer Data Right
- Product ID: `49`
- Last updated by the provider: 30 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/summerland-bank/49
- 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/49) — 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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