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Summerland Bank · Personal loan · Unsecured · Variable
LiveCar Loan
As of 18 September 2026, the Summerland Bank Car Loan has a comparison rate of 7.89% (from 7.24% advertised), ranking 65th of 212 unsecured loans tracked by BankMate and sitting 9.24 points below the unsecured market average of 17.13%. It is an unsecured variable-rate loan for car loan with fees of $175 application · $5 a month. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.
7.89%comparison rate p.a.
from 7.24% advertised · Unsecured · variable · car loan
Fees: $175 application · $5/mo.
Rate over time
Comparison rate · lenders publish the lowest rate in their range- Car Loan
- RBA cash rate
- Unsecured average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates
- Advertised rate
- from 7.24% p.a.
- Comparison rate
- 7.89% p.a.
- Rate type
- Variable
Fees
- Application fee
- $175
- Monthly fee
- $5
- Annual fee
- None
- Early repayment fee
- None
Loan terms
- Loan amount
- $5,000 – $100,000
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- Yes
- Flexible repayment frequency
- No
Eligibility
- Minimum age
- 17
About this product
Own the car, motorbike, caravan or motorhome you want sooner.