The details shown below are for a fixed loan between $5,000 and $50,000
The details shown below are for a variable loan between $5,000 and $50,000
Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
| | Fixed | Unsecured Personal Loan (Fixed) | $5,000 | $50,000 |
| | Variable | Unsecured Personal Loan (Variable) | $5,000 | $50,000 |
Loan: $5,000 $50,000
Loan: $5,000 $50,000
Need to borrow some money for a home renovation or DIY do-up? You've got two options with an unsecured personal loan from ANZ - either opt for a variable or a fixed interest rate. On top of the interest rate, there's an ongoing fee which will add to your costs so try to pay off the loan in the least amount of time as possible for your budget.
The ANZ Personal Loan gives you the choice of a variable or fixed interest rate. What's better will really depend on your money management comfort level. Do you just want to pay a fixed amount each month and be done, or do you want more flexibility so that you can pay off your loan faster and save on interest costs?
Both loans have a $5000 minimum loan amount and $50,000 maximum loan amount and give you the option to choose your repayment term from 1 - 7 years.
What new customers get with the variable rate option:
What new customers get with the fixed rate:
The ANZ Personal Loan is a good choice for anyone looking to borrow some cash to help them pay for something that they need now or very soon - like an updated kitchen or outstanding medical bill - without having to worry about putting an asset like their house or car up as collateral.
Keep in mind, with the fixed interest rate version, there's no redraw facility available. So once you've made those extra repayments, they are locked into the loan for good. With the fixed rate loan, if you pay off your loan early, you'll also have to factor in a $300 admin fee and other potential early repayment costs.
| Fixed | |
| 8.99% p.a. fixed | |
| 9.88% p.a.based on $30,000 |
| $150.00 | |
| $10.00 | |
| $20.00 | |
| $0.00 | |
| $300 admin fee. You may also incur early repayment costs. |
| $5,000.00 | |
| $50,000.00 | |
| 1 Year | |
| 7 Years | |
| Unsecured |
| Weekly, Fortnightly, Monthly | |
| yes | |
| no | |
| Special offer available for applications approved and drawn down by 27 October 2021. | |
| none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
| Variable | |
| 10.50% p.a.variable | |
| 11.38% p.a.based on $30,000 |
| $150.00 | |
| $10.00 | |
| $20.00 | |
| $0.00 | |
| $0.00 |
| $5,000.00 | |
| $50,000.00 | |
| 1 Year | |
| 7 Years | |
| Unsecured |
| Weekly, Fortnightly, Monthly | |
| yes | |
| yes | |
| Special offer available for applications approved and drawn down by 27 October 2021. | |
| none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
I am a loyal and very long term ANZ customer and have a good credit rating and yet I could not get a lower percentage rate on my loan. There are many banks offering low rates, but this did not sway ANZ in offering a comparable rate. I went with them as it was harder to get a loan with a new bank that I had not banked with. Great service from local staff but gone is the day when the branch manager had the final say and knew there regular loyal customers.
Read full reviewI am a loyal and very long term ANZ customer and have a good credit rating and yet I could not get a lower percentage rate on my loan. There are many banks offering low rates, but this did not sway ANZ in offering a comparable rate. I went with them as it was harder to get a loan with a new bank that I had not banked with. Great service from local staff but gone is the day when the branch manager had the final say and knew there regular loyal customers.
During COVID ruined my business. They say hard ship but charge interest that need to be paid the day it ends so really it’s not hardship. Every other bank paused interest during pandemic but not ANZ. All interest accumulation due the day off hard ship even though only have three months even though the pandemic has been going 1.5 years. Never missed a payment and now bank in collection with out any income.
Read full reviewDuring COVID ruined my business. They say hard ship but charge interest that need to be paid the day it ends so really it’s not hardship. Every other bank paused interest during pandemic but not ANZ. All interest accumulation due the day off hard ship even though only have three months even though the pandemic has been going 1.5 years. Never missed a payment and now bank in collection with out any income.
Probably no worse than the other of the Big 4 banks, but I recall at Christmas maybe 4-5 years and needed just a very small help. Resolved to leave ASAP and use a Community Bank.
Read full reviewProbably no worse than the other of the Big 4 banks, but I recall at Christmas maybe 4-5 years and needed just a very small help. Resolved to leave ASAP and use a Community Bank.
Only wanted a few dollars for a week to pay bond changing house told me I would have to borrow 5,000 so went with that all the drama never had this before never do it again and they didn’t give me any respect been with them for years. I never even received an answer if I was accepted very very poor.
Read full reviewOnly wanted a few dollars for a week to pay bond changing house told me I would have to borrow 5,000 so went with that all the drama never had this before never do it again and they didn’t give me any respect been with them for years. I never even received an answer if I was accepted very very poor.
I just do not think that ANZ is very accessible, it takes a long time to get through to talk to anyone and there seems to be a few things that we cannot do online or cannot do in the branch
Read full reviewI just do not think that ANZ is very accessible, it takes a long time to get through to talk to anyone and there seems to be a few things that we cannot do online or cannot do in the branch
NOW Finance
Unsecured Personal Loan
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5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
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Alex Bank
Personal Loan
4.99% p.a.to 19.99% p.a.
4.99% p.a.to 19.99% p.a.based on $30,000
over 5 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.49% p.a.
6.39% p.a.to 8.19% p.a.based on $30,000
over 5 years
SocietyOne
Unsecured Personal Loan (Fixed)
5.95% p.a.to 10.49% p.a.
5.95% p.a.to 12.83% p.a.based on $10,000
over 3 years
Symple Loans
Personal Loan
5.75% p.a.to 25.99% p.a.
6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.49% p.a.to 20.95% p.a.
6.49% p.a.to 20.95% p.a.based on $30,000
over 5 years
Plenti
New Car Loan (Fixed)
4.89% p.a.to 8.89% p.a.
5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years
Wisr
Secured Car Loan
4.74% p.a.to 16.01% p.a.
5.01% p.a.to 16.31% p.a.based on $30,000
over 5 years
SocietyOne
Car Loan - Excellent Credit (Fixed)
5.95% p.a.to 19.99% p.a.
5.95% p.a.to 21.0% p.a.based on $10,000
over 3 years
Bank First
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5.29% p.a.
5.56% p.a.based on $30,000
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Great Southern Bank
Secured Car Loan (Fixed)
6.79% p.a.
7.16% p.a.based on $30,000
over 5 years
Plenti
Used Car Loan (Fixed)
5.29% p.a.to 9.99% p.a.
5.84% p.a.to 10.56% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 17.95% p.a.
5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
over 5 years
Alex Bank
Personal Loan
4.99% p.a.to 19.99% p.a.
4.99% p.a.to 19.99% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.49% p.a.
6.39% p.a.to 8.19% p.a.based on $30,000
over 5 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
SocietyOne
Unsecured Personal Loan (Fixed)
5.95% p.a.to 10.49% p.a.
5.95% p.a.to 12.83% p.a.based on $10,000
over 3 years
Symple Loans
Personal Loan
5.75% p.a.to 25.99% p.a.
6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.49% p.a.to 20.95% p.a.
6.49% p.a.to 20.95% p.a.based on $30,000
over 5 years
