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Compare personal loans

Do you prefer variable rate loans, where the interest you pay follows the trends of the market? Or do you prefer fixed rate loans, where your interest rate is fixed for the lifetime of the loan?

Compare our personal loans and remember, whichever way you go, you’ll be eligible for:

  • A personalised interest rate - The better your credit score, the better your interest rate. 
  • Unsecured lending - borrow without having to provide an asset, such as your home, as security. 

limited time offer

A personal loan for what you need. $500 cashback for what you want.disclaimer

Apply for a new ANZ Personal Loan of $10,000 or more and you could get $500 cashback.disclaimer Limited time offer.

Get started

Limited to one cashback offer per loan per customer within an 18 month period. ANZ’s eligibility and credit assessment criteria, T&Cs, fees and charges apply.disclaimer

ANZ Fixed Rate Loan

I need stability

Interest rate range

to disclaimer

Comparison rate range

  to disclaimer

The interest rate range shows the minimum and maximum interest rate that may apply. Your personalised rate will be confirmed in your Letter of Offer (if approved). See T&Cs for details.

$5,000 to $50,000

Borrowing amount 

1 to 7 years

Loan term

Same-day cash

if approved in branch by midday Monday-Friday.disclaimer

Transferred to your ANZ everyday account.

Fixed repayments

that won’t change even if rates increase as you’ve locked in a fixed interest rate

ANZ Variable Rate Loan

I need flexibility

Interest rate range

to disclaimer

Comparison rate range

  to disclaimer

The interest rate range shows the minimum and maximum interest rate that may apply. Your personalised rate will be confirmed in your Letter of Offer (if approved). See T&Cs for details.

$5,000 to $50,000

Borrowing amount 

1 to 7 years

Loan term

Same-day cash

if approved in branch by midday Monday-Friday.disclaimer

Transferred to your ANZ everyday account.

Make early or extra repayments

without additional costs

Increase your loan

(subject to credit assessment)

Redraw

Access to extra money paiddisclaimer

Things to consider

Early repayment charges may apply if you make early or extra repayments, repay your loan early or increase your loan amountdisclaimer

No access to extra money paid (redraw)

Things to consider

Your interest rate and repayments may increase or decrease during the term

limited time offer

Apply for a new ANZ Personal Loan of $10,000 or more and you could get $500 cashback.disclaimer

Limited to one cashback offer per loan per customer within an 18 month period. ANZ’s eligibility and credit assessment criteria, T&Cs, fees and charges apply.disclaimer

Apply now

limited time offer

Apply for a new ANZ Personal Loan of $10,000 or more and you could get $500 cashback.disclaimer

Limited to one cashback offer per loan per customer within an 18 month period. ANZ’s eligibility and credit assessment criteria, T&Cs, fees and charges apply.disclaimer

Apply now

Fees

$150

Loan approval fee

$10

Monthly Loan administration charge

Debited every three months until the loan is closed in ANZ systems.

$20

Late payment fee if your repayment is 5 days late or more.

A further $20 will be charged monthly until repayments are up to date.

Early repayment cost may apply

A significant Early Repayment Cost may apply if you make early or additional payments. See Early Repayment Costs (PDF) and Terms and Conditions (PDF) for details.

Fees

$150

Loan approval fee

$10

Monthly Loan administration charge

Debited every three months until the loan is closed in ANZ systems.

$20

Late payment fee if your repayment is 5 days late or more.

A further $20 will be charged monthly until repayments are up to date.

No early repayment costs apply

More calculators and tools

What's the application process?

1

Know what you want

In your application, we’ll ask for your preferred loan set up such as loan amount, term, fixed or variable rate.

2

Get prepared

Gather the information you’ll need to apply such as how much you earn  and your regular expenses.

It takes about 20 minutes to apply.

3

Submit your application

We'll review your application and may ask you for supporting documents. If approved, we'll send a letter of offer.

See applications documents needed 

4

Receive your money

Sign your letter of offer and receive funds to your nominated account.

Same day cash is available for branch applications approved before midday (Monday-Friday).

Check you're eligible

To be eligible for an ANZ Personal Loan, you must:

  • be 18 years of age or older
  • earn a minimum of $15,000 per year  
  • be an Australian citizen, permanent resident or have a valid visa
  • be lending for personal or domestic use

What you'll need...

  • details of your income, expenses, assets and liabilities
  • identification such as your driver's licence
  • your ANZ account number or Customer Registration Number (if you have them)

New to ANZ? You'll need any two of your Australian driver's licence, Medicare card, Australian passport, or Australian visa.

How to apply

Joint applicants can apply in a branch only.

Apply online

Whether you're on the move or at home, you can apply anytime.

Apply for variable

Apply for fixed

Visit a branch

Joint applicants will need to speak to one of our specialists in-branch.

Book an appointment

Personal Loan Quick Start

Keen to start your application, but have a few questions? Get started online and we'll call you back to help with your application.

Get help applying

For general personal loan enquiries please call 1800 801 485. We're available Monday to Friday, 8am to 8pm (AEST)

Help and support

More Help and Support

Your questions answered

Cashback offer

To receive the $500 cashback offer, a customer must:

(a) Apply for a new ANZ Personal Loan of $10,000 or more, or apply for an increase to their current ANZ Personal Loan which results in a total loan amount of $10,000 or more.

(b) Apply between May 15th 2024 and August 15th 2024.

(c) Draw down funds

There is a limit of one $500 cashback offer per eligible customer within an 18-month period. If a customer closes their ANZ Personal Loan account or nominated transaction account before the cashback payment is paid, they will be ineligible for this offer.


A customer can only receive one cashback during any 18-month period. For joint applications, only one cashback payment will be paid in total for the application and will be paid to the first listed applicant.

Customers can apply in branch, over the phone or online (www.anz.com.au/anzpersonalloan). For joint applications, customers must apply in branch.

The cashback amount will be paid into the transaction account in which the loan funds are disbursed within 120 days from the date of draw down.

If we do not have details for an appropriate account, the customer will be contacted via an outbound call.

General

ANZ offers two types of unsecured personal loans between $5,000 and $50,000. Both the ANZ Fixed Rate Loan and ANZ Variable Rate Loan can be used for a specific purpose, such as consolidating debt or a big purchase like buying a new or used car.

Before you apply for an ANZ Personal Loan, it’s important to figure out how much you could borrow, and what you can afford to repay.

If approved

When you are approved for an ANZ Personal Loan, you will be approved to borrow a specific amount of money. This will be transferred to your nominated bank account in a lump sum at the start of your loan term. You will need to repay the amount borrowed, along with interest accrued and any fees or charges incurred, in regular instalments over a set term.

You can choose a term between 1 to 7 years, depending on how long you think you will need to pay off the loan. You can have one set of regular repayments to line up with your pay cycle, such as weekly, fortnightly or monthly.

Learn more about:

ANZ Fixed Rate Personal Loans and ANZ Variable Rate Personal Loans are unsecured. This means you do not have to use an asset like your car or home as security to get a loan.

  

If you have an ANZ Variable Rate Personal Loan, you can pay off your loan early by making early or extra repayments without additional costs. This could help you to save on the interest you pay over the life of the loan. 

With an ANZ Fixed Rate Personal Loan, early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF) and  ANZ Consumer Lending Terms and Conditions booklet (PDF).

  

ANZ Fixed Rate Personal Loan

An ANZ Fixed Rate Personal Loan gives you the certainty of fixed repayments for the term of your loan. This means if interest rates increase your repayments stay the same.

However, if you're looking to pay off your loan early, make extra repayments or increase your loan amount, early repayment fees and charges may apply. See Early Repayment Charges (PDF) and ANZ Consumer Lending Terms and Conditions booklet (PDF) for further information. You also do not have access to any early repayments made to the loan.

ANZ Variable Rate Personal Loan

With an ANZ Variable Rate Personal Loan, your interest rate may increase or decrease during the loan term, and so may your repayments. You can make early or extra repayments to pay off the loan faster (and save on interest charges), and redraw any extra money you’ve paid on your loan, without additional costs.

  

ANZ Fixed Rate Personal Loan

rates and fees

Loan Approval Fee

$150

Loan Administration Charge

$10 per month, debited every three months until the loan is closed in ANZ systems.

Early repayment charges

Early Repayment Costs may apply if you make early or additional repayments, see Early Repayment Charges (PDF) and ANZ Consumer Lending Terms and Conditions booklet (PDF) for further information.

Late Repayment Fee

$20 will be charged if your repayment is five days late or more. A further $20 will be charged monthly until repayments are up to date

 

ANZ Variable Rate Personal Loan

rates and fees

Loan Approval Fee

$150

Loan Administration Charge

$10 per month, debited every three months until the loan is closed in ANZ systems.

Early repayment charges

Not applicable.

Late Repayment Fee

$20 will be charged if your repayment is five days late or more. A further $20 will be charged monthly until repayments are up to date

Interest explained

When you apply for an ANZ Personal Loan, you'll get a personalised interest rate based on an assessment of your credit score. Your personalised interest rate will be within the interest rate range advertised.

If you've demonstrated good credit behaviour, such as by:

  • making repayments on time for your other credit products
  • not opening too many credit products

you may be offered a rate in the lower end of the advertised interest rate range.

Where your credit history isn't as good, for example it:

  • isn't very long
  • shows you've defaulted on repayments for other credit products
  • shows you've made many credit applications in a short period of time

you may be offered a rate at the higher end of our advertised interest rate range.

If approved, we'll confirm your interest rate in your letter of offer, which you can choose to accept or not.

Explore things to consider when applying for a personal loan.


For joint applications, the interest rate applicable to the joint personal loan will be determined based on the lower credit score of the two applicants.

A comparison rate helps you work out the true cost of a loan. This rate takes other fees and charges into account, like a loan approval fee and loan administration charge in addition to the interest rate. It’s meant to be a fairer way of comparing how much a loan will cost you.

For more information, visit Moneysmart.

Interest is calculated on the unpaid daily balance of your loan and is charged to the loan on a fortnightly or monthly basis (depending on which product you have). The interest rate applied each day is equal to your annual interest rate, divided by 365.

It's important to note that the interest charged to your loan may be different each month for ANZ Fixed Rate and Variable Rate Personal Loans, as it depends on a variety of factors, such as the number of days in that month, the applicable annual interest rate and the unpaid balance of your loan. For the full details about how interest is calculated refer to our Consumer Lending terms and conditions brochure (PDF).

  

Credit score

You can get your credit score from an online credit score provider, such as getcreditscore.com.au. You'll need to supply identification, such as a your driver licence, passport of Medicare card. It'll take around 10 minutes to get your results.

You can also access a more detailed credit report from a credit reporting agency, such as Equifax.  Fees and charges may apply.

Different agencies may hold different information, so you may have a different credit report with more than one agency.  However, we use the Equifax credit score to determine your personalised interest rate, so we recommend that you obtain your credit score from Equifax or getcreditscore.com.au to get the most accurate idea of what interest rate you may receive.

If your credit report includes incorrect or out-of-date information, contact the credit reporting agency to fix it free of charge.

The good news is your credit score is dynamic, so it can improve depending on how you manage your debt. You can actively improve your credit score by paying all your bills or loan repayments on time. The Moneysmart website offers a few options for improving your credit score.

Different agencies can hold different information, you may have a credit report with more than one agency.

ANZ uses the credit score provided by Equifax to determine your applicable interest rate. We recommend that you access your credit report or credit score from Equifax or getcreditscore.com.au for a more accurate estimate.

Things that can affect your credit score are:

  • Credit applications - Too many applications in a short period of time can negatively impact your credit rating.
  • Repayment history - Paying bills on time can boost your credit score, while late or missed payments can negatively impact it.

Applying for a personal loan

Yes, you can apply but your application for an ANZ Personal Loan will be subject to ANZ’s credit assessment criteria.

Your liabilities and other financial commitments, such as an existing personal loan with another lender, will be taken into account when we assess your application for an ANZ Personal Loan.

  

You'll need to provide information on:

  • your income amount and frequency
  • your assets
  • what existing financial commitments you have with ANZ and other financial institutions, such as personal loans, home loans or credit cards
  • your expenses, such as how much you spend on gas, electricity, insurances, food, transport and lifestyle expenses

We ask for this information so that we can verify your financial circumstances and assess your ability to repay an ANZ Personal Loan without substantial hardship. You can explore which ANZ Personal Loan may suit your needs by using our tools and calculators. 

  

If you’re not a permanent Australian resident, you may still be eligible to apply for an ANZ personal loan. You will be required to meet specific visa and income verification requirements. Valid visas include a range of working visas and business visas.  

Working visas

Includes all temporary visa subclasses that allow an individual to work in Australia. This typically includes holders of skilled category visas but can also include some family category visas.

Working holiday visas are not acceptable.

Business visas

Includes all temporary/provisional business visa subclasses that allow business people to establish or manage a new or existing business or invest in Australia. This generally includes holders of business owner, senior executive or investor category visas.

For more details please visit an ANZ branch or call 1800 339 410 to discuss your application. You can also find out what a particular visa entitles the holder to by visiting Department of Home Affairs website.

  

You don’t have to pay stamp duty on any of our personal loans.

But if you’re buying a car, you may need to pay stamp duty to the state or territory government to register it and to transfer its registration. The amount of stamp duty varies between states and territories, and also depending on the type of vehicle.

Remember that this money doesn’t go to us, but to the relevant state or territory government.

  

Important information

 

Any information provided is general in nature and does not take into account your personal needs, financial circumstances or objectives and you should consider whether it is appropriate for you. ANZ recommends you read the applicable Terms and Conditions booklets and the ANZ Financial Services Guide before deciding whether to acquire, or continue to hold, a particular product.

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. Australian credit licence number 234527.

Cashback offer available to customers who apply for (1) a new ANZ Personal Loan of $10,000 or more or (2) an ANZ Personal Loan increase with a total loan amount of $10,000 or more, between May 15 2024 and August 15 2024. This offer may be withdrawn or changed at any time without notice. The loan must be approved, and the funds drawn down to be eligible for the cashback offer. There is a limit of one $500 cashback offer per eligible customer within an 18-month period. The cashback payment will be paid within 120 days of drawdown into the transaction account which the loan funds are disbursed into. The transaction account must be in the same name as the loan account. For joint applications, only one cashback payment will be paid in total for the application and will be paid to the first listed applicant. For joint applications, the account for funds disbursements must include the name of the first listed applicant. Applications for a joint ANZ Personal Loan or an increase of a joint ANZ Personal Loan may only be made in branch. If a customer closes their ANZ Personal Loan account or transaction account before the cashback payment is paid, they will become ineligible for this offer. Applications for credit are subject to ANZ’s eligibility and credit assessment criteria. If you have any questions about the tax treatment of the cashback offer, please discuss with a tax agent or the Australian Tax Office.

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Interest rates as at  and are subject to change. These interest rates may be withdrawn or changed at any time without notice and may not be available in conjunction with any other offers, packages, or promotions.

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These comparison rates are based on a $30,000 Personal Loan for a five year term. The rates are applicable for unsecured loans only. 

WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.

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Applications must be submitted at an ANZ branch, and approved before noon Monday to Friday (AEST), and customers must have approved funds deposited into an existing ANZ everyday account. For a full list of eligible ANZ everyday accounts, please contact us on 1800 801 485 between 8am to 6pm (AEST) weekdays.

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Terms and Conditions and eligibility criteria apply to ANZ Redraw. For further information on ANZ Redraw please refer to the ANZ Consumer Lending Terms and Conditions (PDF).

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Fixed rate personal loans aren’t for everyone and early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF) and ANZ Consumer Lending Terms and Conditions booklet (PDF).

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