ANZ began as the Bank of Australasia in Sydney in 1835. It has since evolved to become one of Australia’s Big Four banks and operates in more than 30 global markets, with thousands of ATMs and branches.
ANZ has a strong retail offering, with personal loans, car loans, home loans, savings and transaction accounts, wealth planning services, an institutional banking arm and insurance products.
Benefits
Drawbacks
Cashback
For a Limited Time get $500 Cashback with an ANZ Personal Loan of $10k or over7.49%
p.a
Variable up to 19.99%
From
8.18%
p.a
Variable up to 20.58%
$601
60 months
$36,060
Cashback
For a Limited Time get $500 Cashback with an ANZ Personal Loan of $10k or over7.49%
p.a
Fixed up to 19.99%
From
8.18%
p.a
Fixed up to 20.58%
$601
60 months
$36,060
ANZ offers several personal loans, including a variable rate loan, fixed rate loan and overdrafts. Loan amounts range from $5000 to $50,000, and borrowers can choose a loan term between one and seven years. While there are no exit fees on the variable rate loan if you pay your loan off early, some ANZ personal loans come with ongoing fees and a one-off administration fee. In some circumstances, borrowers can increase their loan amount after approval.
Borrowers with existing ANZ everyday accounts may be eligible for same-day cash if the loan is approved in-branch.
ANZ personal loans can be used for different purposes including:
Borrowers wishing to apply for an ANZ personal loan can do so online, over the phone or through an extensive national network of branches. Customers can contact ANZ via email and online. Borrowers can also contact customer service via:
Who is eligible for an ANZ personal loan?
Borrowers must meet the following criteria to qualify for an ANZ personal loan:
Applications for an ANZ personal loan can be completed online or in-branch. Applying online is simple, takes around 20 minutes to complete, and involves the following steps:
Once you’ve submitted your application, you’ll receive confirmation. If your application is successful, you’ll receive a letter of offer confirming your interest rate, amount and loan term before receiving the funds.
ANZ’s range of personal loans may appeal to many borrowers, given the flexible repayment conditions. There are no penalties for early repayments on the Variable Rate, however fees apply for early repayments on the Fixed Rate. There are also additional fees associated with the loans, including a small ongoing fee and a moderate loan application fee. The interest rates as advertised for standard loans ranges from moderate to high.
Existing ANZ everyday account holders wanting to access cash quickly may be eligible for same-day funds if the loan is approved in branch before midday, Monday to Friday.
When it comes to accessing additional funds, in some cases, borrowers may redraw additional loan repayments, and depending on the circumstances, you could apply to increase your loan amount after approval.
On this page
^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.
