We compare 20 offers. Updated 18 Oct 2026.
Personal loan from one of New Zealand's largest banks. Flexible terms, competitive rates, fast online application.
Personal loan from BNZ – one of New Zealand's big four banks. Competitive rates, no early repayment fees.
Amount, $300 – $10 000 ;Term, 91 days – 24 months
Amount, $500 - $3 000 ;Term, 3 - 12 months
Amount, $100 - $3 500 ;Term, 1 - 45 days
Finance Now offers personal loans and retail finance in New Zealand, with quick online applications and fast decisions.
Amount, $2 000 - $50 000 ;Term, 3 - 5 years
Heartland Bank offers online personal loans in New Zealand with fast approval and no early repayment fees.
Amount, $500 - $50 000 ;Term, 3 months - 7 years
Amount, $300 - $10 000 ;Term, 12 - 24 months
Kiwibank personal loans offer competitive rates for New Zealanders, with online application and fast decisions.
Independent NZ review of Lending Crowd peer-to-peer loans from $2,000 to $200,000.
Amount, $1 000 - $10 000 ;Term, 6 - 60 months
Amount, $227 - $158 000 ;Term, 6 - 84 months
Amount, $1 000 - $10 000 ;Term, 6 - 48 months
Amount, $1 000 - $20 000 ;Term, 6 - 48 months
Amount, $1 000 - $20 000 ;Term, 6 - 36 months
Amount, $1 000 - $10 000 ;Term, 6 - 48 months
TSB Bank offers competitive personal loans for New Zealanders, with fixed rates and straightforward application.
Westpac offers fixed-rate personal loans with no early repayment fees. Apply online and get a decision quickly.
Online loans let you complete the entire application from your phone or computer. No branch visit, no paper forms. Most online lenders in New Zealand give you a decision within minutes and transfer funds the same day if approved. Some, like Harmoney and Jacaranda Finance, process applications 24 hours a day, 7 days a week.
The application typically asks for your name, contact details, employment information and bank account details. Many lenders use open banking to verify your income directly from your bank transactions, which speeds up the process and removes the need to upload payslips.
Online lenders include both registered banks and non-bank lenders. Check that the lender is registered under the Financial Service Providers Register (FSPR) before applying. Rates vary widely: reputable online lenders charge from around 10% p.a., while some short-term lenders charge significantly more.
Avoid lenders that guarantee approval before assessing your application or that ask for upfront fees. Legitimate lenders do not charge fees before approving your loan. Read the terms carefully and confirm the total repayable amount before accepting any offer.