Equity Extra
A line-of-credit secured against the equity in your home.
Fees
| Fee | Type | Amount |
|---|---|---|
| Deposited Cheque Item Fee | Event | Variable |
| Mortgage Establishment Fee | Upfront | $800.00 |
| Mortgage Extension Fee | Upfront | $300.00 |
| Easy Access Monthly Access Fee Charged monthly · For those who appreciate the convenience of managing your money your own way. You'll receive access to our rebate scheme which could see you paying no access fee at all depending on your combined savings, investments, credit cards and loans balance. It's our way to say thanks for being a loyal customer.
| Ongoing | $6.00 |
| Easy Access Monthly Access fee for customers 65 years and over or pensioners Charged monthly · A discounted monthly access fee for those 65 years and older or in receipt of an Aged, Invalid or Veterans Affairs Pension. You'll receive access to our rebate scheme which could see you paying no access fee at all depending on your combined savings, investments, credit cards and loans balance. It's our way to say thanks for being a loyal customer.
| Ongoing | $3.00 |
| Equity Extra Facility Fee Charged monthly | Ongoing | $10.00 |
| Contract Variation/Consent Fee | Event | $300.00 |
| Mortgage Discharge Fee | Transaction | $250.00 |
| Guarantee Establishment Fee | Upfront | $200.00 |
| QuickDebit Dishonour Fee | Event | $15.00 |
| Honour Fee | Event | $20.00 |
| Dishonur Fee | Event | $15.00 |
| Easy Access staff assisted transaction Easy access staff assisted transactions include in branch cash withdrawal, cheque withdrawal, cheque encashment, one-off internal funds transfer, one-off external funds transfer, one-off BPAY, Bank@Post deposit, Bank@Post withdrawal. 1 FREE per month. | Transaction | $3.00 |
| Easy Access cheques included in deposits 3 FREE per month. | Transaction | $0.50 |
| Essential Access electronic transaction Essential access electronic transactions include direct debits, NPP payments, eftpos, external funds transfer via internet banking or the banking app (including auto transfers). 10 FREE per month across the combined total of Essential Access electronic transactions and Essential Access staff assisted transactions. | Transaction | $1.00 |
| Essential Access staff assisted transaction Essential Access staff assisted transactions include in branch cash withdrawal, cheque withdrawal, cheque encashment, one-off internal funds transfer, one-off external funds transfer, one-off BPAY, Bank@Post deposit, Bank@Post withdrawal. 10 FREE per month across the combined total of Essential Access electronic transactions and Essential Access staff assisted transactions. | Transaction | $2.00 |
| Essential Access cheques included in deposits 3 FREE per month. | Transaction | $0.50 |
Features
- Card access — Link an eftpos or Visa card to the account for convenient access to your money.
- 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.
- 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.
- Digital wallet — Apple Pay.
- Digital wallet — Google Pay
- Free transactions — 10
- Enjoy 10 free transactions per month on the Essential Access Fee Package.
Constraints
- Minimum limit — $1,000.00
More Information
Published by Summerland Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 76 · View on CDR.gov.au