--- title: "Equity Extra — Summerland Bank" description: "Overdrafts 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/76 source: "CDR Compare" language: en-AU last_updated: 2026-08-28T14:00:41.4209802Z --- # Equity Extra — Summerland Bank > Overdrafts from Summerland Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Overdrafts** 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. · Discount −$6.00 — Only customers younger than a maximum age receive the discount (eligibility: Maximum age: Customers under 25 years or undertaking study at a recognised Australian education institution receive this discount.) · Discount −$1.00 — Combined Balances of between $50,000 and < $150,000 (eligibility: Other: A discount will be applied depending on your combined savings, investments, credit cards and loans balance.) · Discount −$6.00 — Combined Balances of $250,000 and above (eligibility: Other: A discount will be applied depending on your combined savings, investments, credit cards and loans balance.) · Discount −$3.00 — Combined Balances of between $150,000 and < $250,000 (eligibility: Other: A discount will be applied depending on your combined savings, investments, credit cards and loans balance.) | 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. · Discount −$3.00 — Only customers younger than a maximum age receive the discount (eligibility: Maximum age: Customers under 25 years or undertaking study at a recognised Australian education institution receive this discount.) · Discount −$0.50 — Combined Balances of between $50,000 and < $150,000 (eligibility: Other: A discount will be applied depending on your combined savings, investments, credit cards and loans balance.) · Discount −$3.00 — Combined Balances of $250,000 and above (eligibility: Other: A discount will be applied depending on your combined savings, investments, credit cards and loans balance.) · Discount −$1.50 — Combined Balances of between $150,000 and < $250,000 (eligibility: Other: A discount will be applied depending on your combined savings, investments, credit cards and loans balance.) | 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.) - **Free transactions** — 1 (Enjoy 1 free staff assisted transaction per month on the Easy Access Fee Package.) - **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.** ## Constraints - **Minimum limit** — $1,000.00 ## More information from Summerland Bank - [Overview](https://summerland.com.au/my-banking/investment-loans/) - [Terms & conditions](https://www.summerland.com.au/account-access-facility-conditions-of-use) - [Fees & pricing](https://www.summerland.com.au/fees-charges-transaction-limits) ## Data provenance - Published by Summerland Bank under the Consumer Data Right - Product ID: `76` - Last updated by the provider: 28 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/summerland-bank/76 - 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/76) — product data published by Australian data holders under the Consumer Data Right. 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