Personal Loans
Get to where you’re going, faster.
Your dreams, backed by us
No matter your needs, Summerland Bank offers a range of competitive, flexible, and low interest loans designed to help you reach your potential.
General purpose personal loan
10.74% | 12.99%
Variable rate | Comparison rate²
Keep things simple with a variable loan featuring generous redraw options and a low ongoing interest rate. Learn more
Car loan
6.74% p.a. | 7.39% p.a.
Variable rate | Comparison rate¹
Cruise your way to a competitive loan rate, whether you’re in the market for a car or a boat, a bike or a float. Learn more
Equity plus personal loan
7.94% p.a. | 8.53% p.a.
Variable rate | Comparison rate¹
A unique financing option, our quick and easy Equity Plus Personal Loan lets you use the value of your home for a personal loan at a reduced rate. Learn more
Eco personal loan
6.84% | 7.02% p.a.
Variable rate | Comparison rate¹
Significant savings and lower rates for eco-friendly purchases. Learn more
Why Choose Summerland Bank?
We believe in a local and personalised kind of banking, one with your best interests at heart. With our competitive range of personal loans, gain clarity and peace of mind on your financial future.
Fast loan approval
With pre-approval and fast track options available, you can make purchasing decisions quickly and with certainty.
Tailored repayment options
Create a repayment schedule that works for you and allows you to make additional repayments, without the penalties or the stress of ongoing monthly fees.
No hidden fees
With no hidden fees, enjoy the benefits of a loan that helps you get where you’re going, faster.
No deposit required
Enjoy the financial flexibility of our unsecured personal loans, designed to give you comfort and freedom without the need for collateral or a security deposit.
Consolidation made easy
If you’re juggling multiple loans, our friendly local team can consolidate and simplify your financial life by combining them into one manageable regular payment.
Online and digital banking
Giving you safe, secure and easy-access to your accounts on the go with our user-friendly app and innovative digital banking experience. Available for both iOS (Apple) and Android.
How we can help
Summerland Bank offers a range of support programs, tailored solutions, and dedicated assistance for our diverse community. It’s our goal to offer more of what you want, and none of what you don’t, to help you realise your potential and achieve financial freedom, whatever that means to you.
Accessibility features
We have a range of dedicated assistance available for community members with accessibility needs. From Closed Loop Hearing options to wheelchair access at all our branches , we want to make it as easy as possible to take action on your finances.
Interpreter services
Diverse groups of people from all over the world now call our region home. If you are more comfortable in a language other than English, we offer interpreter services to help you find the information you need.
Take into account the whole picture
Our friendly local team is committed to seeing the whole picture, and carefully considering your financial situation and context, so we can provide you with the best customer service possible.
Support for concession holders
We offer a no-fee Everyday Basic Account for those who hold a Commonwealth concession card and who meet other eligibility requirements, as well as modifications to a range of other banking products.
Hardship support
We leave no stone unturned to support our local community. Whether it’s waiving fees, deferring payments or switching products, there are plenty of ways we can help you through a tough time.
Ready to get started?
If you’re ready for a braver kind of banking, here are three ways to get started with Summerland Bank.
Apply online
Get started online with your ID at the ready and a quick check of your personal details.
Contact us
Good old-fashioned customer service, the Summerland way.
Visit a branch
Find your closest Summerland Bank branch and our friendly local team will be ready to help.
Schedule a free call back
Choose a time that works for you and our local team will give you a call.
The legal stuff
1. The comparison rate is based on a secured loan of $30,000 over 5 years.
2. The comparison rate is based on a secured loan of $10,000 over 3 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
3. Limited to cash held in a Summerland savings or fixed term deposit account.
Rates are subject to change. Conditions, fees, and eligibility criteria may apply, see us for details. Terms and Conditions available upon request.
This is general advice only and may not be right for you. Please read the Financial Services Guide and Privacy Information and Accounts and Access Facilities Conditions of Use before making decisions. Target market determination available on request at our branches.