Rates and fees

All interest rates are current as at the dates shown below and are subject to change without notice.

Repayment periods are from 3 months up to 5 years.

What could a Personal Loan cost?

As an example, if you borrow $5,000, over 2 years at 17.85% p.a. with monthly payments of $261.72, your total interest cost will be around $1,281.31. A loan facility fee of $250 has been included in this calculation.

Interest Rates

Loan type

-: - % p.a.

For loans approved on or before 15 May 2014For loans approved on or after 16 May 2014

-: - % p.a.

-: - % p.a.

: -^% p.a.

Service Fees

Approved loans

Loan Facility Fee

Applies to Advanced Personal Loan^ 


Account Fees

Advanced and Anytime Personal Loan

Anytime Personal Loan Account fee^

$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


Foreign Currency Service fee^

2.25% of the NZ dollar value of every Foreign Currency Transaction (as defined in the relevant personal loan terms and conditions). The Bank does not charge a foreign currency service fee on purchase reversals (which does not include purchase refunds (on which we charge a foreign currency service fee)), ATM reversals and chargebacks, and credits a foreign currency service fee that is calculated as a percentage of the New Zealand dollar value of the reversal or chargeback.

Statement copy fee


Voucher copy fee


Anytime Personal Loan - Over limit fee^

$20.00 per statement (until account is back within its limit)

Anytime Personal Loan - Card replacement fee^

$10 per card (plus any urgent/ courier cost)

Revolving Credit Account

Monthly base and account management fee^


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.

Personal loans help and support

If you need some help, call 0800 800 667

Small Print

Advanced Personal Loan interest rate is variable and subject to change at any time.

  1. Anytime Personal Loan is closed to new customers.

  2. A loan facility fee applies, unless otherwise stated. For loans approved on or before 15 May 2014, the loan facility fee will be charged upon loan approval. For loans approved on or after 16 May 2014, the loan facility fee will be charged on the date the account is opened. This fee will be reversed if the loan is not drawn down within 21 days.

  3. The converted amount of your Foreign Currency Transaction and the foreign currency service fee (where applicable) are aggregated in the New Zealand dollar amount and in the rate of exchange shown on your statement for each Foreign Currency Transaction.

  4. 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.

Read our full personal loans terms and conditions