ASB Personal Loan

ASB offers personal loans up to NZ$50,000 with terms of up to 7 years and rates starting from 12.9%.

Last checked on June 11, 2026. We may earn a commission when you click through.

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✓ Loan amounts up to NZ$50,000 ✓ Flexible terms up to 7 years ✓ Quick online application process
Personal ASB Reviewed

ASB Personal Loan

Updated 4 months ago

APR Range

12.9–19.95%

Amount

NZ$2k–NZ$50k

Term

6–84 months

Type

personal

Check eligibility →

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Our Verdict

ASB's personal loan options are competitive, especially for those looking for larger amounts over longer terms.

Best For

This loan is best for borrowers needing substantial funds for projects or debt consolidation with flexible repayment terms.

Watch Out

Be aware that the higher end of the APR can reach 19.95%, making it costly for some borrowers.

Pros

  • Loan amounts up to NZ$50,000
  • Flexible terms up to 7 years
  • Quick online application process
  • Decent customer service reputation

Cons

  • High APRs up to 19.95%
  • Not suitable for borrowers with poor credit
  • Potential hidden fees
  • Approval may take longer for some applicants

Full Review

ASB's personal loan allows amounts from NZ$2,000 to NZ$50,000, catering well to various financial needs. The terms range from 6 to 84 months, providing flexibility for repayments. With interest rates starting at 12.9% and going up to 19.95%, borrowers should carefully consider their credit standing before applying.

Compared to other lenders, ASB is a solid choice for those seeking larger loans. However, potential borrowers should note that the 19.95% APR can be quite high, especially for those with lower credit scores. It's advisable to explore alternatives like ANZ or Westpac, which may offer lower rates for qualified applicants.

Approval times are generally quick, and ASB has a reputation for decent customer service. Their online application process is straightforward, but be sure to read the fine print for any additional fees that might apply. Overall, ASB's personal loan can be a valuable resource if you can secure a competitive rate.

Who Is This For?

This loan is suitable for individuals needing significant funds for personal projects or debt consolidation.

What Borrowers Say

Customer feedback generally highlights ASB's easy application process and helpful service, though some mention high interest rates.

Summary

ASB's personal loan is a viable option for larger financial needs, but be cautious of the high interest rates associated with certain credit profiles.

About This Loan

ASB offers personal loans up to NZ$50,000 with terms of up to 7 years and rates starting from 12.9%.

Check if you qualify

Check eligibility →

You'll be redirected to asb.co.nz

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