Rating based on 4 reviews


  • Personal loans up to $30,000
  • Low-interest starting from 11.95%
  • Repayment up to 5 years

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Nectar homepage
Author Nectar. Screenshot of Nectar website.
[Accessed March 3, 2023]

About Nectar

If you’re looking for a faster, affordable, and hassle-free personal loan, you have come to the right place.

With Nectar you can apply and receive an answer within just 7 minutes. They also aim to payout the funds to your account on the same day so you don’t have to wait.

Online Personal loans at your fingertips

With a much faster, more thorough assessment they are able to offer you a loan specifically designed for you, your affordability, and your needs. What sets them apart even more from traditional lenders, is their modern digital technology which allows for lower loan costs.

Even though they only process loans between Monday and Friday, 9:00 am to 6:00 pm, you can still apply for a loan at any time through their online 24/7 system from your computer or any mobile device.

With them, you can enjoy a paperless and straightforward application process that is 100% transparent and client-centric.

Your privacy and security are guaranteed

Your security is vital to Nectar which is why they’ve partnered with large companies like Amazon Web Services, Force.com, and Credit Sense to ensure that their online verification process runs smoothly and safely.

So, you can rest assured that neither Nectar, Credit Sense, nor anyone else will be able to view or store your banking details. All your information will be encrypted for your protection, and Nectar will simply view your bank statements to confirm your income and expenses.

Nectar Services

If you urgently need money and want to avoid exorbitant rates, Nectar is the online platform you want to use.

Thousands of Kiwis have put their trust in Nectar who they believe in fairness and in giving their customers the best possible deals at a very fast pace.

Flexible and low-cost personal loans

Their personal loan interest rates start from only 11.95% p.a. and you’ll need to pay an establishment fee of only $240 with a $1.75 admin fee per repayment.

With them, you can enjoy great flexibility as you can top up your loan after 16 weeks as well as change your loan term. The best part is that you will be able to make early repayments without any additional cost.

Loan terms of your choice

The choice as to whether to pay weekly, monthly or fortnightly instalments is all yours. Your loan repayments will be divided across your chosen term which could range from 6 months to 5 years. On top of all these benefits, you’ll be enjoying a fixed interest rate tailored to your profile and you can borrow from as little as $2,000 and up to as much as $30,000.

What if I want to borrow more?

Topping up your loan with them is easy and can conveniently be done by hitting the top-up button online.

You’ll be able to do this after 16 weeks of repayment and if you are eligible to borrow more. Depending on your repayment history and affordability they might reward you with an even lower interest rate.

Nectar – Personal loan

  • Loan Type Personal loans
  • Interest Rate 11.9529.95% p/a
  • Loan Amount up to $30,000
  • Repayment 6 months to 5 years

Benefits of Nectar

  • 100% online loans
  • A quick and easy loan application
  • Fast loan approvals

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Get a personal loan with Nectar today

Nectar is a responsible lender that understands how crucial a fast cash boost could be to solve an unexpected emergency.

They’ve been experts in the field for many years and are ready to help you get the loan amount you need, fast. That’s why they’ve designed an easy and user-friendly process for the quickest, most convenient application possible.

You can complete a simple loan application online in under 7 minutes

Step 1: Select your preferred loan amount and repayment term by sliding their online sliders. You’ll be directed to a quick online form when you click on Get Started where you will provide them with your details and verify your information. You can opt for the online bank statements verification process which is super-fast or you could upload a PDF copy of your statements. The second option could slow down the process.

Step 2: Upon receiving your personal loan quotation you can then accept to proceed. This happens in real time.

Step 3: The funds will be transferred directly after for you to receive on the same day or the very next day at the latest.

What you’ll need to apply for a Nectar loan

  • Confirmation of who you are, where you live and work, is required
  • You cannot be self-employed, bankrupt, or have any defaults
  • Having internet banking and an active NZ bank account is a must, you could also provide them with your latest 6 months’ bank statements to confirm your income and expenses
  • You’ll need to be an NZ citizen/permanent resident
  • Be of legal age
  • Supply them with an NZ driver’s license/NZ passport
  • Earn at least $350 per week after tax

Your trusted Personal loan lender

Nectar is a highly rated and trusted company in New Zealand to assist Kiwis with only the best personal loans that are affordable and easily accessible. Whatever your reason may be for needing money, they can assist you. Apply now and receive the money you need a little later today.

The advantages of taking out a Personal loan with Nectar

  • 100% digital service that ensures quick outcomes
  • Flexible repayment terms and affordability
  • Unsecured loans that don’t require collateral
  • Low fees and interest rates
  • Tailored loans

Terms & Conditions

A Nectar Loan is subject to responsible lending checks, credit criteria and terms and conditions. Nectar’s personalised interest rates are from 11.95% p.a – 29.95% p.a fixed based on your unique circumstances. A $240 establishment fee and $1.75 admin fee per repayment applies. There are no early repayment penalties.

Customer Reviews & Testimonials

March 2022

I would rate them 5 out of 5 for speed and convenience.

Brown L
— Rotorua —

March 2022

They are such a reliable and trustworthy lender, and will definitely make use of their service again.

Taylor N
— Auckland —

April 2022

A well-established company that is always professional and transparent in the way they do business

Williams O
— Queenstown —

Nectar Contact

Physical Address

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed