The details shown below are for a fixed loan between $5,000 and $25,000
The details shown below are for a variable loan between $5,000 and $25,000
Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
| | Fixed | Standard Personal Loan (Fixed, Unsecured) | $5,000 | $25,000 |
| | Variable | Standard Personal Loan (Variable, Unsecured) | $5,000 | $25,000 |
Loan: $5,000 $25,000
Loan: $5,000 $25,000
Planning the annual family holiday? Or maybe you’re looking to revamp your kitchen? Whatever big purchase you have on the horizon, the Heritage Bank Standard Personal Loan (unsecured) will take the financial weight off your shoulders now so you can gradually chip away at the total cost over time. With a competitive fixed interest rate and plenty of flexible features, the Heritage Bank Standard Personal Loan (unsecured) will get you on the right track.
With Heritage Bank's Standard Personal Loan, you can choose a fixed interest rate from 7.99% p.a. (8.62% p.a. comparison rate*), or a variable interest rate from 11.99% p.a. (12.61% p.a. comparison rate*).
On top of these competitive interest rates, this loan also offers a range of flexible term options, with loans available up to seven years. Plus, you can choose to make your repayments weekly, fortnightly or monthly.
With a minimum loan amount of $5,000 and a maximum of $25,000, the Heritage Bank Standard Personal Loan is unsecured, meaning you won't have to put your car or any other assets up as security.
While this loan allows you to make extra payments, keep in mind that you might incur an additional penalty fee for doing so. It's also good to know that if at any point you should need access to extra funds, this loan has a redraw facility, meaning that you'll be able to dip into any extra repayments you've made. Keep in mind, if you have made additional loan repayments, it's best not to touch them unless you really need to. Otherwise, you're just undoing all your hard work to pay off your loan early.
The Heritage Bank Standard Personal Loan (Unsecured) charges a range of fees, including a $200 application fee, a $5 service fee and a $20 late payment fee.
The Heritage Bank Standard Personal Loan (Unsecured) is an excellent option for anyone who's face-to-face with a big expense, like a holiday or home renovation, or wants to consolidate their debt, and would like to pay it off gradually over time at a competitive interest rate.
Be aware that if you are looking to use this loan to purchase a vehicle, it must be over five years old. For newer cars, you could consider the Heritage Bank Car Loan instead.
| Fixed | |
| 7.99% p.a. fixed | |
| 8.62% p.a.based on $30,000 |
| $200.00 | |
| $5.00 | |
| $20.00 | |
| $0.00 | |
| 0 |
| $5,000.00 | |
| $25,000.00 | |
| 1 Year | |
| 7 Years | |
| Unsecured |
| Weekly, Fortnightly, Monthly | |
| yes | |
| yes | |
| none | |
| 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 | |
| 11.99% p.a.variable | |
| 12.61% p.a.based on $30,000 |
| $200.00 | |
| $5.00 | |
| $20.00 | |
| $0.00 | |
| 0 |
| $5,000.00 | |
| $25,000.00 | |
| 1 Year | |
| 7 Years | |
| Unsecured |
| Weekly, Fortnightly, Monthly | |
| yes | |
| yes | |
| none | |
| 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 needed a personal loan in a hurry and I was able sit down face to face with a branch manager and discuss my options. Once everything was agreed upon the funds were available to me within 24 hours. The repayment plan was easy to follow and access through my mobile app. I opted for the automatic repayment at fortnightly intervals as that worked for me but there were many options available. Best feature for me was actually talking to a person who could help me understand in layman terms.
Read full reviewI needed a personal loan in a hurry and I was able sit down face to face with a branch manager and discuss my options. Once everything was agreed upon the funds were available to me within 24 hours. The repayment plan was easy to follow and access through my mobile app. I opted for the automatic repayment at fortnightly intervals as that worked for me but there were many options available. Best feature for me was actually talking to a person who could help me understand in layman terms.
Heritage has the best rates and staff with the best customer service and advice. The lowest interest rate and fees.
Read full reviewHeritage has the best rates and staff with the best customer service and advice. The lowest interest rate and fees.
Have always looked after me, very easy to contact and always willing to help no matter what, will be taking out my home loan through them also.
Read full reviewHave always looked after me, very easy to contact and always willing to help no matter what, will be taking out my home loan through them also.
Everything about Heritage Bank is excellent, I can't fault them in anyway.
Read full reviewEverything about Heritage Bank is excellent, I can't fault them in anyway.
this bank is one of the loves in my life. im happy, safe and secure and get treated wonderfully.
Read full reviewthis bank is one of the loves in my life. im happy, safe and secure and get treated wonderfully.
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
5.45% p.a.to 19.99% p.a.
5.45% 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
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
5.45% p.a.to 19.99% p.a.
5.45% 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
