ANZ Personal Loans
ANZ offers personal loans ranging from NZ$3,000 to NZ$50,000 with terms of 6 months to 7 years, suitable for various borrowing needs.
Last checked on September 19, 2026. We may earn a commission when you click through.
ANZ Personal Loans
Updated 1 day agoAPR Range
13.9%
Amount
NZ$3k–NZ$50k
Term
6–84 months
Type
personal
You'll be redirected to anz.co.nz
Our Verdict
The lack of fees is for borrowers looking for flexibility, but the 13.9% APR could be high for those with better credit options. This product is best for individuals needing quick, fee-free access to funds.
Best For
Individuals with a stable income looking to borrow between NZ$3,000 and NZ$50,000 for personal purposes.
Watch Out
Applicants must be ANZ customers with an everyday account, which could limit options for new customers.
Pros
- No application or ongoing fees
- Flexible repayment options
- Quick approval process
- User-friendly mobile app for tracking
- Loan terms up to 7 years
Cons
- High APR of 13.9%
- Must be an ANZ customer
- Limited to specific loan amounts
- Potentially lengthy approval during busy periods
- Requires proof of stable income
Full Review
ANZ's personal loans offer a approach with no fees for application, repayment changes, or early payoff. This means you can manage your loan without worrying about unexpected costs. The approval process is also relatively quick, with decisions usually made within five business days.
However, the advertised APR of 13.9% might not be the most competitive option available, particularly for those with good credit scores who could qualify for lower rates elsewhere. This could make the loan more expensive over time if not paid off quickly. The flexibility in repayment options is a plus, allowing you to adjust payments to fit your financial situation.
The ANZ goMoney app enhances the user experience by allowing borrowers to track payments easily. Overall, while the loan has great features, it's essential to consider your credit history and explore other lenders for potentially better rates. For those who fit the criteria and need quick access to cash, this could be a solid choice.
Who Is This For?
Individuals with a regular income seeking personal loans without any additional fees.
What Borrowers Say
Borrowers appreciate the fee-free structure and quick access to funds but often mention the high interest rates.
Summary
ANZ provides personal loans ranging from NZ$3,000 to NZ$50,000 with terms of 6 months to 7 years, featuring an APR of 13.9%.
About This Loan
Requirements
- At least 18 years old
- Regular income
- Enough money left after expenses for repayments
- NZ citizen, permanent resident, or qualifying work visa
- ANZ customer with an everyday account
Similar options
Westpac Personal Loan
PersonalAPR
7.99–13.9%
Amount
NZ$2k–NZ$50k
Term
6–60mo
Best for: Best for those seeking lower rates for electric vehicle financing, as well as borrowers needing larger sums up to $50,000.
The Co-operative Bank Personal Loan
PersonalAPR
9.95–17.75%
Amount
NZ$1k–NZ$50k
Term
6–60mo
Best for: Best suited for those needing a personal loan between $1,000 and $50,000 with flexible terms.
Instant Finance Personal Loan
PersonalAPR
9.95–29.95%
Amount
NZ$500–NZ$50k
Term
3–84mo
Best for: Best for borrowers needing quick access to cash with flexible repayment terms of 3 to 84 months.
Harmoney Personal Loan
PersonalAPR
7.99–24.99%
Amount
NZ$2k–NZ$100k
Term
36–84mo
Best for: This loan is best for individuals seeking quick access to funds with minimal paperwork, particularly those with good to excellent credit.
BNZ Personal Loan
PersonalAPR
13.9–19.9%
Amount
NZ$2k–NZ$50k
Term
6–60mo
Best for: This loan is best for borrowers seeking amounts from NZ$2,000 to NZ$50,000 with flexible repayment terms.
SBS Bank Personal Loan
PersonalAPR
11.5–15.5%
Amount
NZ$1k–NZ$30k
Term
6–60mo
Best for: This loan is best for borrowers who are NZ citizens or permanent residents and have a steady income, looking for a manageable loan amount.