Our simple loan process is 100% online. It takes about 7 minutes to complete our loan application  process and if successful we will instantly provide you with a personalised loan quote including your eligible loan amount, interest rate and repayment options (6 months – 5 years). There are some exceptions to this where we require additional information.

Our staff will then review all information, and if all is in order, email you a loan contract which you can e-sign. We will contact you along the way if necessary.

If your contract is signed before 5pm weekdays we will transfer the funds to your bank account the same day.

For the application process you will need to provide:

• Your NZ drivers license or NZ passport details.
• Access to internet banking or 6 months bank transaction history (showing your income and expenses).
• Information about your employment, living arrangements and financial situation.

Currently loans will be processed.

Monday – Friday: 9:00am – 6:00pm
Saturday: 10:00am – 2:00pm

Outside these hours your loan will be processed the next business day.

We offer a wide range of unsecured personal loan amounts and terms designed to fit your budget. Nectar Money lends {{FZROM_RATE}} to 29.95%.

Your approved amount depends on our affordability checks and your financial situation.

After completing our online process (~7 minutes) we will instantly provide you with a personalised loan quote including your eligible loan amount, interest rate and repayment options (6 months – 5 years). There are some exceptions to this where we require additional information.

Check likely repayments here or get a quote here.

Pricing is transparent and personalised. Strong Credit borrowers may qualify for low, competitive rates from 7.95% to 11.95% p.a.; Good Credit borrowers may qualify for rates from 14.95% to 22.95% p.a.; and Rebuilding Credit borrowers may qualify for rates from 24.95% to 29.95% p.a. The broad range helps Nectar offer low interest rates to borrowers with strong credit, while also providing loan options for more New Zealanders, including borrowers who may be rebuilding their credit. All loans are subject to responsible lending checks.

Click for detailed information on our standard rates and terms plus our loan calculator.

Your interest rate is set using risk‑based pricing so it reflects your personal circumstances and credit history. Rates are fixed for the life of the loan.

To get your rate click ‘Check your rate’ and complete the online process. We will provide you with a personalised loan quote including your eligible loan amount, interest rate and repayment options. There are some exceptions to this where we require additional information.

You can also make extra or early repayments to reduce interest, with no penalties.

Having a wide range of personalised interest rates enable us to provide loans options to a broad range of New Zealanders.

We know this loan is important to you, so we work hard to get it to you quickly, most often on the same day your application is approved.

Loans are processed. Monday – Friday: 9:00am – 6:00pm and Saturday: 10:00am – 2:00pm. Outside these hours your loan will be processed the next business day.

If your loan contract is signed before 5pm on a business day, you should receive your funds the same day.

To review the status of your application, please log in to your account dashboard, and go to ‘Applications’.

Processing your application as quickly as possible is important to us. We will contact you if we require further information.

Loans are processed. Monday – Friday: 9:00am – 6.00pm and Saturday: 10:00am – 2:00pm. Outside these hours loans will be processed the next business day.

If you require a Top Up, simply log in to your account dashboard and select Top Up or Get Started. Depending on your payment/credit history you may be eligible to receive a lower interest rate than your current loan.

We use encrypted, bank‑grade technology with read‑only access to your bank data for verification. Your information is protected under NZ privacy laws and our strict security controls. Read our Privacy Policy here. 

We use an online verification tool – Credit Sense (a highly secure Australian Credit Reporting Body) to view your bank information. The Credit Sense process is quick, convenient and secure and allows us to process your loan faster.

While you are required to provide your internet banking login details during the Credit Sense process, neither Nectar Money or Credit Sense sees or stores your internet banking credentials. Your credentials are encrypted when you enter them, passed to your bank to allow us read only access to your transaction history, and then permanently deleted.

Find out how safe Credit Sense is here.

Nectar Money loans are provided to individuals only.

All loans are set up using your personal bank account.

There are a number of reasons why Nectar Money may not have been able to present you with a personalised loan quote, or your application was declined.

This may be that your income is not sufficient, your credit history is not suitable, or we have detected another issue with your application or banking information. Unfortunately our automated system is not able to present you with a specific reason.

If you have made a mistake with your application, please contact our Customer Care Team.

Nectar Money recommends you consider a Repayment Waiver to protect against unforeseen circumstances such as disablement, redundancy, serious illness or death. Taking the Repayment Waiver is optional.

The Repayment Waiver entitles you to have your loan repayments waived if you become disabled through accident or illness, or are made redundant.

In such cases, your remaining loan repayments will be waived for the duration of the disability, or for up to 6 months for redundancy. In the case of your death or permanent disablement all remaining loan repayments will be waived.

The Repayment Waiver may be offered during the loan application process and Nectar Money will assess if a Repayment Waiver is suitable for you. You may elect to pay the fee for the Repayment Waiver upfront or, if you wish, have it added onto your loan.

A copy of the Repayment Waiver wording can be found here.

To help make repaying your loan as simple as possible, during the loan application process we collect your bank details and automatically set up a direct debit authority. On each payment date we debit the payment amount from your account. It is important to make sure there are sufficient funds in your account to cover the payment amount.

Your loan contract will state each repayment date and the amount due. A text message will be sent to your mobile phone prior to each payment date (unless you opt out).

At Nectar Money we want to ensure our customers have the best borrowing experience possible and have a number of options available to you to keep you on track.

If you think you are unable to make a payment, please call us on 0800 855 888 to discuss.

Nectar Money reports to various Credit Bureaus each month including your payment information. Successfully making payments on time may improve your credit score and may help you access credit (e.g. personal loans, mortgages) in the future at more competitive interest rates.

To request a settlement figure please contact our customer service team on 0800 855 888.

Yes. Nectar Money does not have any penalties or fees for early payments. At Nectar Money, you have the flexibility to pay off your loan in full at any time without any fees.

Additionally you can make additional payment by increasing your direct debits or making a lump sum payment. If you would like to do this please contact us.

Your initial repayment is scheduled on your first pay date after you receive you loan. If your first pay date is within 7 days of receiving your loan the first repayment is scheduled on your second pay date.

From this date, your regular repayments are scheduled each (week/fortnight/month) on your pay date until your loan term has been reached.

You can view your next payment date and amount by logging into your dashboard and clicking on the Loan Summary tab. Your loan contract will also contain detailed information about your repayment dates and amounts.

You can view your next payment date and amount by logging into your dashboard and selecting ‘Loan Summary’.

To reset your password click the login link on the top right hand side of the page, and select ‘forgot my password’. An email will be sent to the email address on file, allowing you to reset your password and login to your dashboard. If you do not receive the password reset email, please check your email’s junk or spam folder.

You may also reset your password from your loan dashboard – Profile Page.

All applicants must provide information regarding their financial situation. The fastest and easiest way to do this is during the application process by using our online verification tool.

We use Credit Sense (a highly secure Australian Credit Reporting Body) to view your bank information. The Credit Sense process is quick, convenient and secure and allows us to process your loan quickly.

While you are required to provide your internet banking login details during the Credit Sense process, neither Nectar Money or Credit Sense sees or stores your internet banking credentials. Your credentials are encrypted when you enter them, passed to your bank to allow Nectar Money read only access to your bank history, and then permanently deleted.

We use this information to verify your income and employment information, perform responsible lending checks plus confirm your bank account.

If further income verification is required our friendly lending team will contact you directly.

If you have not signed your electronic Loan Contract you are free to cancel your loan application by either sending us an email or calling us at 0800 855 888.

If your loan has been advanced to you and you would like to return the funds, you can do so with no prepayment penalties by contacting our Customer Support Team on 0800 855 888. Please be aware you will be responsible for any establishment fee and interest that accrues on the outstanding principal balance from the date your loan was advanced to you.

Get in touch! Our team works with all kinds of lending situations, including low-equity, multiple asset and non-conforming mortgages. We also have access to non-bank lenders with a range of lending criteria. Simply request a callback or email us at [email protected], and we can talk through your unique situation.

No – we’re happy to help new and existing Nectar Money customers with their home loan needs.

If you’re taking out a new mortgage or refinancing with another lender, a cashback may be available. Your adviser can talk you through the latest offers from our lending partners.

A Nectar adviser will give you a call, usually the same working day, to chat about your situation and how we can help.

Yes. Your adviser can send you a secure Illion bank statement link so you can share your statements in a couple of clicks.

Usually photo ID, bank statements, proof of income, and details of your debts and expenses. Your adviser will confirm what’s needed after your first call.

While banks usually ask for a 20% deposit for residential lending, and 30% for investment property, many banks do offer lower-deposit lending. Simply get in touch and we can talk through what options might be available to you.

Yes. Meetings, documents, applications, and signing can all be done online.

Usually, no. In most cases there’s no upfront cost for our mortgage advice because we’re paid a commission by the lender if your loan settles. If you take out a loan with a non-bank or second-tier lenders, a broker fee may apply. If you repay or refinance early, a fee may also apply in some cases if the lender claws back our commission. We’ll let you know about upfront about any potential fees.