Summerland Bank Bonus Saver
savings accountterms checked
Bonus Saver is a savings account from Summerland Bank. It pays 4.75% p.a. in a month in which the conditions below are met; the feed states no rate for a month in which they are not.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together.
| Balance | Base | Bonus | Conditional |
|---|---|---|---|
| $0+ | — | 4.75% | 4.75% |
The bonus rate is the whole rate paid in a month in which the conditions are met; the feed states no base rate, so what is paid in a month in which they are not met is not in it.
The feed states no cap on the balance that earns the bonus.
Conditions
For the bonus rate
- deposit $100 or more each month
- no withdrawals in the month
Other conditions
- online applications are currently unavailable
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- transactions
- unlimited
Other features, in the bank's words:
- Save on paper, receive and view your statements online with eStatements.
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Deposited Cheque Item Fee (no amount in the feed)
- interest paid
- monthly
- open to
- personal customers
Who can open it, in the bank's own words:
- residency: An eligibility constraint based on residency status applies.
About this account
Save for a holiday, car or even a deposit for a new home! Summerland's Bonus Saver account is designed to help you reach your savings goals. Deposit $100 per calendar month & make no withdrawals to earn bonus interest.
Data
- Summerland Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: savings-account, everyday-transaction-accounts, SavingsInterestRate_07072026.pdf, www.summerland.com.au, fees-charges-transaction-limits.pdf, Account-Access-Facility-Conditions-of-Use-V2-1.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/summerland-bank.json: this bank's accounts and every balance band as JSON; Summerland Bank's page lists them.- The bank last updated this record on 13 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Summerland Bank
- Gold Class savings account, 1.75% base at $50,000
- iSave Online savings account
- Business Plusstale transaction account
- Community Firststale transaction account
- Community Partnership Account transaction account
- Everyday transaction account
- Money Sense transaction account
- Supersaver transaction account
All of Summerland Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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