🏦
Summerland Bank · Personal loan · Unsecured · Variable
LivePersonal Loan
As of 18 September 2026, the Summerland Bank Personal Loan has a comparison rate of 7.59% (from 6.99% advertised), ranking 58th of 212 unsecured loans tracked by BankMate and sitting 9.54 points below the unsecured market average of 17.13%. It is an unsecured variable-rate loan for any purpose with fees of $175 application · $5 a month. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.
7.59%comparison rate p.a.
from 6.99% advertised · Unsecured · variable · any purpose
Fees: $175 application · $5/mo.
Rate over time
Comparison rate · lenders publish the lowest rate in their range- Personal Loan
- RBA cash rate
- Unsecured average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates
- Advertised rate
- from 6.99% p.a.
- Comparison rate
- 7.59% p.a.
- Rate type
- Variable
Fees
- Application fee
- $175
- Monthly fee
- $5
- Annual fee
- None
- Early repayment fee
- None
Loan terms
- Loan amount
- $3,000 – $100,000
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- Yes
- Flexible repayment frequency
- No
Eligibility
- Minimum age
- 17
About this product
Competitive, flexible and great for helping you get what you want sooner.