Summerland Bank term deposits
Summerland Bank has one term deposit that BankMate tracks, with 32 options: 16 terms from 3 months to 5 years, interest paid at maturity or monthly.
Term deposit · 16 terms
Fixed Term Deposit
5.25%p.a. · 1 year
interest at maturity or monthly; from $1,000
96th of 401 12-month deposits
Rates by term and how interest is paid
- At maturity3.50%
- Monthly3.35%
- Terms
- 3 months to 5 years
- Minimum deposit
- $1,000
- Maximum deposit
- $1,000,000
- 3 months
- 3.50% · #104 of 164 3-month deposits
- 4 months
- 4.65% · #26 of 88 4-month deposits
- 5 months
- 4.70% · #20 of 79 5-month deposits
- 6 months
- 4.90% · #91 of 180 6-month deposits
- 7 months
- 5.00% · #19 of 92 7-month deposits
- 8 months
- 5.00% · #5 of 81 8-month deposits
- 9 months
- 5.10% · #39 of 149 9-month deposits
- 10 months
- 5.10% · #8 of 86 10-month deposits
- 1 year
- 5.25% · #96 of 401 12-month deposits
- 18 months
- 5.00% · #7 of 86 18-month deposits
- 2 years
- 4.70% · #128 of 255 24-month deposits
- 3 years
- 4.20% · #120 of 221 36-month deposits
- 4 years
- 3.60% · #93 of 125 48-month deposits
- 5 years
- 3.65% · #83 of 124 60-month deposits
- Minimum deposit
- $1,000
- Maximum deposit
- $1,000,000
- Paid
- At maturity or Monthly
- Compounding
- daily
- Before maturity
- No stress, you can still have access to your money if you need it however there will be an interest penalty. … The penalty applied to an early redemption of a Fixed Term Deposit will be deducted from current interest rate and is either: Term Deposit less than $20,000 0.10% … Term Deposit $20,000 and above 0.25%
- Read from
- Summerland Bank's own site, 28 October 2026
October 20261 change
- 9Fri
- 5-month, paid monthly: 4.60 → 4.55−0.05
September 20261 change
- 4Fri
- 2 terms cut 0.05 to 0.10−0.10 to −0.05
6-month, paid at maturity 5.00 4.90 −0.10 12-month, paid at maturity 5.30 5.25 −0.05
June 20261 change
- 30Tue
- 8 terms moved in both directions−0.50 to +0.70
3-month, paid at maturity 4.00 3.50 −0.50 4-month, paid at maturity 4.75 4.65 −0.10 5-month, paid at maturity 4.00 4.70 +0.70 5-month, paid monthly 3.90 4.60 +0.70 12-month, paid at maturity 5.25 5.30 +0.05 13-month, paid at maturity 4.90 5.00 +0.10 18-month, paid at maturity 4.80 5.00 +0.20 24-month, paid at maturity 4.75 4.70 −0.05 36-month, paid at maturity 4.50 4.20 −0.30
May 20263 changes
- 29Fri
- 4-month, paid at maturity: 4.60 → 4.7523 days after the RBA rise to 4.35%+0.15
- 14Thu
- 7 terms up 0.05 to 0.308 days after the RBA rise to 4.35%+0.05 to +0.30
6-month, paid at maturity 4.70 5.00 +0.30 7-month, paid at maturity 4.90 5.00 +0.10 8-month, paid at maturity 4.90 5.00 +0.10 9-month, paid at maturity 5.00 5.10 +0.10 10-month, paid at maturity 5.00 5.10 +0.10 11-month, paid at maturity 5.00 5.10 +0.10 12-month, paid at maturity 5.20 5.25 +0.05
- 8Fri
- 5 terms up 0.05 to 0.102 days after the RBA rise to 4.35%+0.05 to +0.10
7-month, paid at maturity 4.85 4.90 +0.05 9-month, paid at maturity 4.90 5.00 +0.10 10-month, paid at maturity 4.90 5.00 +0.10 11-month, paid at maturity 4.90 5.00 +0.10 12-month, paid at maturity 5.10 5.20 +0.10
April 20261 change
- 24Fri
- 3 terms up 0.05 to 0.1037 days after the RBA rise to 4.10%+0.05 to +0.10
7-month, paid at maturity 4.75 4.85 +0.10 9-month, paid at maturity 4.85 4.90 +0.05 12-month, paid at maturity 5.00 5.10 +0.10
Notes on Summerland Bank term deposits
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As of 1 November 2026, Summerland Bank has one term deposit product tracked by BankMate, over 16 terms from 3 months to 5 years. Its highest rate is 5.25% p.a. on the Fixed Term Deposit for 1 year, 96th of 401 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 9 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.