Product | Interest rate from | Comparison rate from | Upfront fee |
---|---|---|---|
Unsecured Personal Loan (Fixed) |
7.49% p.a.to 19.99% p.a. |
8.18% p.a.to 20.58% p.a.based on $30,000 |
$150.00 |
Unsecured Personal Loan (Variable) |
7.49% p.a.to 19.99% p.a. |
8.18% p.a.to 20.58% p.a.based on $30,000 |
$150.00 |
Fixed Rate Personal Loans
Do you like repayment consistency? Then a personal loan with a fixed interest rate could be a good choice for you. ANZ’s fixed rate option is available with its unsecured personal loan, which allows you to borrow between $5,000 and $50,000 over a term of 1-7 years. The fixed rate loan comes with a range of flexible features like your choice of repayments either weekly, fortnightly or monthly and an extra repayments facility.
But keep in mind no redraw facility is available with the fixed rate option. While you’ll benefit from always knowing what your repayments will be, if you try to pay off your loan early by making additional payments you’ll incur an early repayment penalty (otherwise known as a breakcost fee). Other fees that you’ll need to budget for include an upfront fee when you apply for the loan and a small ongoing fee that is charged each month over the term of the loan.
Variable Rate Personal Loans
Are you on the hunt for a personal loan that provides you with a bit of wiggle room in the form of flexible features? Then your best bet may just be the variable rate option offered by ANZ with its unsecured personal loan. You can set up your repayments to suit your payday with weekly, fortnightly and monthly repayments available, can pump extra into your loan thanks to the extra repayments facility and can dip into those additional payments through the redraw facility. Yep, that’s what we call flexible!
Just like the fixed rate option you’ll also have the choice of selecting a personal loan amount between $5,000-$50,000 with a loan period between 1-7 years. If you do decide to go for the variable rate option from ANZ, don’t forget to budget for the application fee and ongoing service fee and keep in mind if you pay out the loan in the first year an early repayment fee may apply.
Car Loans
While ANZ does not currently offer a specific car loan – that being a loan secured using a vehicle – customers can still take out an unsecured personal loan with ANZ to help them purchase a car. As mentioned, this kind of loan can be set at a fixed or variable interest rate.
When you have decided on an ANZ loan that ticks the boxes for you, you can begin your application online by providing the major bank with the following details:
Mozo users have rated ANZ personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
I decided to go with another bank for a unsecured personal loan as the commonwealth bank had some good perks being offered. I will never ever do this again not only was it extremely frustrating gathering all the correct documents again and again and again being conditionally approved to being rejected after alot effort and things were looking fine on my end. To get that rejection after all the stress and also making me feel like it's definitely going through to end up being rejected. I went onto to go back to my bank which I should have done fro. The beginning everything was smooth sailing quick and completed with all ticks in a matter of days. I love everything about anz it's always efficient and easy to navigate
Read full reviewI decided to go with another bank for a unsecured personal loan as the commonwealth bank had some good perks being offered. I will never ever do this again not only was it extremely frustrating gathering all the correct documents again and again and again being conditionally approved to being rejected after alot effort and things were looking fine on my end. To get that rejection after all the stress and also making me feel like it's definitely going through to end up being rejected. I went onto to go back to my bank which I should have done fro. The beginning everything was smooth sailing quick and completed with all ticks in a matter of days. I love everything about anz it's always efficient and easy to navigate
It was super easy to apply for and was approved within 48 hours.
Read full reviewIt was super easy to apply for and was approved within 48 hours.
Difficult getting info on products
Read full reviewDifficult getting info on products
Easy to apply for personal loan and quick responses
Read full reviewEasy to apply for personal loan and quick responses