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Summerland Bank · Overdrafts
Business Plus Overdraft
Summerland Bank's Business Plus Overdraft is a overdraft. The figures are the ones Summerland Bank publishes under the Consumer Data Right today. The advertised rate last moved on 22 October 2026, up from 10.29% to 10.54%.
Advertised rate
10.54%
headline tier
Tiers
1
current rate rows
Last moved
+0.25pp
22 October 2026
Advertised rate, last 30 days. Between 10.29% and 10.54% over the last 30 days.
Every current rate (1)
| Tier | Rate |
|---|---|
| Variable, P&I | 10.54% to 11.54% |
Rate moves, last 30 days
- 22 October 2026: Variable, P&I lifted 0.25pp, from 10.29% to 10.54%.
Published fees
| Fee | Amount |
|---|---|
| Loan Establishment Feeupfront: Mortgage establishment, Mortgage extension and Guarantee establishment fees are also payable, valuations and legal service work such as mortgage preparation cha | $800 |
| Overdraft Facility Feerecurring | $8 |
| Contract Variation/Consent Feewhen it happens | $300 |
| Mortgage Discharge Feeper transaction | $250 |
| Settlement Feeupfront | see lender |
| QuickDebit Dishonour Feewhen it happens | $15 |
Other Summerland Bank overdrafts
Get an email the morning Summerland Bank moves this rate.
Every Summerland Bank rate · other lenders · this product in the explorer.