A personal loan can offer renters in NZ flexible, fast support when it's needed most.
Read MoreAnytime, provided your repayments are up to date. Simply log in and select Get Started.
Borrow $2k - $40k
Interest rates from 11.95% p.a*
7-minute personalised quote
Same-day payout if approved
Use more of your approved limit now or later.
You can apply to Top Up your current Nectar loan in minutes, or draw down any remaining approved amount within 60 days — no new application required.*
1) Flexi Drawdown within 60 days.
If your application was approved for a higher limit, you can draw down the remainder any time within 60 days — without submitting a new application. Perfect if you didn’t need the full amount on day one but want fast access later.
Example: Your original application is approved up to $12,000 but you only take $7,000. You can draw down the remaining $5,000 within 60 days by sending us a quick email. Minimum amount $1,000. No establishment fees are payable.
2) Top Up your existing loan.
If your repayments are up to date, you may be eligible to Top Up. The new cash is added to your existing balance. Top Ups are subject to an updated application and affordability/responsible lending checks. Minimum amount $1,000.
For Top Ups
Log in to your Nectar dashboard here.
Choose Top Up and complete the information required.
Review & sign your new contract. Funds are paid the same day.
For Flexi Drawdowns
Email us at [email protected] or call 0800‑855‑888.
Tell us how much you need and what the additional funding is for.
Confirm your financial situation hasn’t changed and the new amount meets your objectives.
Review & sign your new contract. Funds are paid the same day.
*Eligibility and approval criteria apply.
Apply online today and get your personalised loan quote.
Select the amount and payment option that suits you.
If approved, we aim to have the funds in your account the same day as your contract being signed online.
$2,000 - $40,000
$240
$1.75 admin fee per repayment
11.95% - 29.95%
6 months - 5 years
Anytime, provided your repayments are up to date. Simply log in and select Get Started.
Your old loan will be cancelled, and the amount owing will be combined with the new amount into a new loan. This means you only need to manage one loan.
Yes — your new balance and term set your updated repayments. You can view repayment options in your Top Up application before deciding to proceed, or discuss them with our team.
Nectar Money will send you a new electronic contract including the new loan terms.
You will be obliged to pay further interest (at the same annual fixed rate as your current loan). The increase in interest occurs because you are borrowing more. Please consider whether you are comfortable taking on this additional obligation.
Yes — if your original approval was for a higher limit, you can access the remainder within 60 days with no new application. You’ll need to confirm your financial situation hasn’t changed and that the new amount meets your objectives. Funds are typically paid the same business day you sign.
Absolutely. Nectar has no early repayment fees.
You may complete only one Flexi Drawdown, and it must be made during the first 60 days after receiving your loan.
A personal loan can offer renters in NZ flexible, fast support when it's needed most.
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