Rates and Terms

Up-front rates with no hidden fees

At Nectar Money, there are no hidden fees or charges. You can check your rate and loan offer free of charge.

All loans feature an affordable fixed interest rate meaning your interest rate and repayments stay the same over the life of the loan.

You can choose between repayment terms of 6 months to 5 years customised to meet your affordability. Repayments are made weekly, fortnightly or monthly depending on your pay cycle. Plus, you can repay your loan in full at any time to eliminate future interest payments; there's never a prepayment penalty or fee.

Interest rates and fees

Interest rates range from 11.95% (p.a.) to 29.95% (p.a.) based on your unique circumstances.

You pay a one time establishment fee of $240.

An Administration Fee of $1.75 is payable per repayment to cover the costs incurred in processing and monitoring repayments.

Other possible fees

Dishonour fee

If a direct debit, or any other payment, is not paid on the due date, a dishonour fee of $15 is charged to cover the cost Nectar Money incurs on the transaction.

Overdue fee

If you fail to make a timely payment within 5 days of the due date, you agree to pay an overdue payment fee of $25 per month. This will be due on your next payment date.

Loan variation fee

If you require any of the terms of your loan to be changed, and we agree to the changes, we will charge a loan variation fee of $30.

Loan Calculator
Loan Amount




Credit History 




Repayment Estimate


Loan Amount


Interest Rate


Length of loan

With repayment every

Total Amount Payable $28,168

Please note: Calculator results are an approximate guide to repayment amounts based on your selected credit history and includes all fees. A Nectar Money loan is subject to the completion of an application form, successful responsible lending checks and fulfilling our standard lending criteria. They do not represent a quote or offer for a loan. Results include a $240 establishment fee and $1.75 admin fee per repayment.