Personal loan rates and fees
All interest rates are current as at the dates shown below and are subject to change without notice.
| Loan type | Current % p.a. |
|---|---|
| Loading | |
| Loading | |
| Loading | |
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*Margin on application subject to BNZ lending criteria.
| Type of Service Fee | Loans they apply to | Charge for service |
|---|---|---|
| Loan Facility Fee | Advanced Personal Loan2 | $250 |
| Revolving Credit Account | 1% of limit (maximum $1,200) |
| Campus Pack3 | Graduate Pack3 | Smart Money4 | Flexi Money | Ready Money5,6 | Silver Service7 | |
|---|---|---|---|---|---|---|
| Overdraft establishment fee (Payable on establishment of facility) | No Facility Fee for overdraft establishment. Other Facility Fees may apply | No Facility Fee for overdraft establishment. Other Facility Fees may apply | $30.00 | $30.00 | $30.00 | $30.00 |
| Overdraft facility fee8 (payable monthly in arrears) | $2.00 per month | $2.00 per month | $5.00 per month | $5.00 per month | $5.00 per month | $5.00 per month |
| Advanced & Anytime Personal Loan | |
|---|---|
| Anytime Personal Loan Account fee10 | $15.00 half-yearly |
| Personal Loan Insurance premium | 47c per $100 balance at statement cycle |
| Cash Advance Fees: |
Electronic within NZ - $1.00 Over the counter within NZ - $5.00 Overseas - $7.50 (first cash advance on Advanced Personal Loan exempt) |
| Late payment fee | $15.00 |
| Foreign Currency Service fee9 | 2.25% (of NZ$ amount) |
| Statement copy fee | $5.00 |
| Voucher copy fee | $25.00 |
| Anytime Personal Loan - Over limit fee10 | $20.00 per statement (until account is back within its limit) |
| Anytime Personal Loan - Card replacement fee10 | $10 per card (plus any urgent/ courier cost) |
| Revolving Credit Account | |
| Monthly base and account management fee | $2.00 |
| No Account Fees apply for the following: | No account fees for 5 transactions per month (including minimum monthly payment calculated as a percentage of the outstanding balance and charged automatically. $2.50 per transaction applies after first 5 transactions. Service Fees may apply. |
Find out more about Personal Loans. If you would like more information, send us an email with your query or phone us any time on
Small print
- Fees are charged on the last day of each calendar month and are based on the period between the last business day of the previous calendar month and the second to last business day of the current month, inclusive.
- Please note the Loan Facility Fee will be charged upon loan approval. This fee will be charged regardless of whether the loan is drawn down or not.
- Campus Pack is only available if you are studying full time at a tertiary level in a course in New Zealand for a minimum duration of one year. Graduate Pack is only available if you have graduated from a tertiary level course within the last 12 months.
- Smart Money is especially designed for personal customers under the age of 30 who can satisfy our normal account opening criteria to qualify for reduced fees.
- Account Fee Rebates may apply.
- Our usual service fees apply and are not included in the Account Fee Rebate.
- Must have National Superannuation payment or equivalent retirement income direct credited into this account to qualify for fee savings.
- Debit interest charges also apply, minimum charge $1.00.
- The converted amount of your foreign currency transaction and the Foreign Currency Service Fee are both included in the New Zealand dollar amount and in the rate of exchange shown on your statement for each transaction.
- Anytime Personal Loan is closed to new customers.
