Summerland Bank
iSave Online
Summerland Bank · trans and savings accounts
Provider last updated this product 2026-09-30.
Go to provider
You'll complete your application on
Summerland Bank's website. Confirm the rate and fees with them
before applying.
Summerland's electronic-only account with high interest. For those aged 12 years and over who operate their own accounts; or business or community groups. Must have a linked transaction account.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| INTRODUCTORY | 5.10% | - | daily | $0 - $249,999 | Valid for new customers only. Introductory period is 4 months from the date of account opening. The account will convert to the iSave Online account at the end of the 4 month introductory rate period. The rate applicable will depend on the balance of the account at the time. | calculated daily, paid monthly |
| Valid for new customers only. Introductory period is 4 months from the date of account opening. The account will convert to the iSave Online account at the end of the 4 month introductory rate period. The rate applicable will depend on the balance of the account at the time. | ||||||
| VARIABLE | 0.50% | - | daily | $0 - $1,999.99 | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| QuickDebit Dishonour Fee | EVENT | $15 | - |
| Deposited Cheque Item Fee | EVENT | - | - |
| Honour Fee | EVENT | $20 | - |
| Dishonour Fee | EVENT | $15 | - |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 5.10% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Save on paper, receive and view your statements online with eStatements.
Who can apply
- residency status - An eligibility constraint based on residency status applies.
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-30T18:00:40.4340341Z · Product ID: 3