Compare personal loan rates and fees

Understand how much you'll pay in interest rates and fees on a personal or car loan.

Interest rates

Loan

Current rate

Personal loan from $10,000 (special)

*

Personal loan from $10,000

Personal loan from $2,000 - $9,999

Personal loan for Graduate Pack customers from $2,000 - $15,000**

Personal loan for Kiwibank Home Loan customers

Car loans - secured

From to ***

Interest rates are fixed for the life of the loan.

Interest rate available for new lending on personal loan applications drawn down from 1 September 2015, subject to lending and credit criteria. Where new lending is consolidated with an existing Kiwibank or Latitude provided personal loan, a blended interest rate will apply. The interest rate and repayment amount will remain the same for the term of the personal loan.

*A higher rate may apply if you have (or take out) additional lending. Your interest rate may be increased when the interest rates are combined. Credit and lending criteria, terms and conditions, interest and fees including a $240 establishment fee apply. Apply by 30 May 2021. New lending that’s approved must be drawn down by 7 June 2021.

**As of 1 February 2021, we no longer offer our Graduate Pack to customers.

***Interest rate on car loans will vary depending on a number of factors including amount borrowed, term, your credit rating and security offered. The interest rate and repayment amount will remain the same for the term of the car loan.

Fees

Establishment fee

What you'll pay to cover the administration costs on your loan:

  • $240 for a personal loan
  • $240 for a car loan
  • $0 for Graduate Pack customers for either a personal loan or a car loan

As of 1 February 2021, we no longer offer our Graduate Pack to customers.

Late payment fee

What you'll pay if you don't pay an amount when due under your loan:

  • $35 per late payment

Payment handling fee

What you'll pay when a payment to your loan account is made in cash at a PostShop:

  • $1.50 per payment

Standard terms and conditions

Personal loans and car loans are provided by Latitude Financial Services Limited (“Latitude”). Kiwibank receives remuneration for referring a personal loan to Latitude. Latitude’s lending criteria, terms and conditions, and fees apply. Rates and fees are effective as of 1 December 2017 and are subject to change.