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100% online

7-minute quote

Interest rates

from 7.95% p.a.*

Borrow from

$2K - $50K

Direct lender

100% kiwi

Existing Customers

Need a little extra cash — or want to use more of your approved limit?

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.*

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Flexi Draw

Borrow more within 60 days of your loan drawdown

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.

  • 1) Email us at [email protected] or call 0800‑855‑888.

  • 2) Tell us how much you need and what the additional funding is for.

  • 3) Confirm your financial situation hasn’t changed and the new amount meets your objectives.

  • 4) Review & sign your new contract. Funds are paid the same day.

Won’t impact your credit score

Check your rate with zero impact to your credit score.

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 $2,000.

  • 1) Log in to your Nectar dashboard.

  • 2) Choose Top-Up and complete the information required.

  • 3) Review & sign your new contract. Funds are paid the same day.

Won’t impact your credit score

Check your rate with zero impact to your credit score.

Get your personalised loan quote as soon as possible*

  • 01

    Simple, 7 minute application

    Apply online today and get your personalised loan quote.

  • 02

    Choose a loan option

    Select the amount and payment option that suits you.

  • 03

    Receive funds as soon as today

    If approved, we aim to have the funds in your account the same day as your contract being signed online.

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*Nectar Money's personalised interest rates are from 7.95% - 29.95% p.a fixed based on your unique circumstances, and is subject to responsible lending checks, credit criteria and terms and conditions. A $230 establishment fee and $1.75 admin fee per repayment applies.

Loan Features

  • Loans are unsecured
  • No early repayment penalties
  • We fix your personalised interest rate for the life of the loan
  • You can make repayments weekly, fortnightly or monthly depending on your pay cycle
Find out more about Nectar's interest rates and fees

Eligibility Criteria

  • You must be 18 or over
  • You must have an income of $350 per week (after tax) or more
  • You must be a permanent resident or citizen of New Zealand
  • You must not have any serious bad debts or payment defaults
  • You must have a New Zealand driver's licence or New Zealand passport

Top up questions

1. When can I request a Top Up?

Anytime, provided your repayments are up to date. Simply log in and select Get Started.

2. What happens to my existing loan if I Top Up or do a Flexi Draw?

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.

3. Will my repayment amount change with a Top Up or Flexi Draw?

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.

4. How much can I borrow?

  • Flexi Drawd: Up to the maximum you were originally approved for when you applied for your loan.
  • Top Up: You can apply for up to $50,000 (your existing loan counts toward this amount).
  • Minimum amount: $1,000.

5. Can I really draw down more within 60 days without reapplying?

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.

6. Do I pay the establishment fee again?

  • Flexi Draw: No additional establishment fees are payable.
  • Top Up: A standard establishment fee applies. See our Rates and Terms.

7. Can I repay early if I Top Up or draw down more?

Absolutely. Nectar has no early repayment fees.

8. Can I do more than one Flexi Draw?

You may complete only one Flexi Draw, and it must be made during the first 60 days after receiving your loan.

Our latest resources

Keen to better manage your personal finances or understand how personal loans work? We explain how to make better financial decisions, regardless of your personal situation.

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