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ANZ Variable Rate Personal Loan

Enjoy the flexibility of an ANZ Variable Rate Personal Loan, which may help you take control and reach your goals. 

   Apply to borrow between $5,000 and $50,000

   Get a loan term of 1 to 7 years

Best Personal Loan Provider 2022
RFI Global


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Variable interest rate How to apply
Fees and charges Get started online
Loan and repayment calculators Frequently asked questions

limited time offer

Our approval fee got voted off the island. Save $150 on an ANZ Personal Loan

Apply for an ANZ Personal Loan and if approved we’ll waive our $150 loan approval fee.disclaimer

Ready to apply?

Excludes joint applications. Eligibility, ANZ’s credit assessment criteria, T&Cs, fees and charges apply.disclaimer

Our interest rates

Interest rate rangedisclaimer


The interest rate range shows the minimum and maximum interest rate that may be applicable. Your personalised interest rate will depend on our assessment of your credit score and will be confirmed in your Letter of Offer (if approved). See important information below for full T&Cs.

Comparison rate rangedisclaimer


Loan features

Enjoy the flexibility to...

Pay off your loan early

You can make extra repayments whenever you like without additional cost, helping you to pay it off earlier and potentially save on the interest you pay.

Increase your loan amount

If you need a bit extra, you could apply to increase your loan if your plans get bigger. If approved, you'll continue to have one loan amount and one repayment schedule.

Redraw extra money paid

You can choose to redraw additional loan repayments you have made at no extra cost (terms and conditions apply).disclaimer

Get same-day cash if approved in branchdisclaimer

If you apply in branch and are approved by midday Monday to Friday, you can have the money in your existing ANZ everyday account on the same day.


  • Your repayments may change as your interest rate may increase or decrease during the term

Fees & charges

Rates and Fees

Loan Approval Fee


Loan Administration Charge

$10 per month, debited every three months until the loan is closed in ANZ systems

Early repayment charges

Not applicable

Late Payment Fee

$20 will be charged if your repayment is five days late or more. A further $20 will be charged monthly until repayments are up to date.

Prefer more stability?

See our Fixed Rate Loan


Certainty your repayments won’t change even if rates increase as you’ve locked in a fixed interest rate

Same-day cash in your ANZ everyday account if approved in branch by midday Monday to Fridaydisclaimer



  • Early repayment charges may apply if you make early or extra repayments, repay your loan early or increase your loan amountdisclaimer
  • No access to extra money paid (redraw)

Compare ANZ Personal Loans

Loan and repayments calculators

The borrowing calculator and repayments calculator provide estimates only and are based on the accuracy of the information provided. They do not constitute any quote, loan approval, agreement, offer or acceptance of credit by ANZ or advice.


Explore personal loan purposes

Our personal loans can be used for just about anything. Click on a loan purpose below to get some useful tips and tools. Got another reason for seeking a personal loan? We can help with that too. Apply below

How to apply

Check you're eligible

To be eligible for a personal loan, you must:

be 18 years of age or older  

earn a minimum of $15,000 per year  

be an Australian citizen, permanent resident or have a valid visa

be a sole or joint applicant. Joint applicants can apply at any ANZ Branch.

Get your documents ready

Here’s what you’ll need to apply:

details of your income, expenses, assets and liabilities

your driver's licence, ANZ Account Number or Customer Registration Number (if you have them).


If you're new to ANZ, you'll need any two of your Australian driver's licence, Medicare card, Australian passport, or Australian visa.

Look out for our reply

Once you've submitted your application:

  • we’ll review the information provided in your application and may ask you for supporting documentation
  • if your loan is approved, we’ll send you a letter of offer for you to review
  • if you accept and sign the letter of offer, we’ll put the money in your nominated account.

Get started online

Apply online

If you’re ready to apply online and have your documents handy, you can get started now.

Apply online

To complete your application, you'll need:

  • Details of your income, expenses (bills and other financial commitments), assets and liabilities (debts you owe)
  • Your driver's licence, ANZ Account Number or Customer Registration Number (if you have them)
  • If you're new to ANZ, you'll need any two of your Australian driver's licence, Medicare card, Australian passport, or Australian visa.

Personal Loan Quick Start

Get started online and we'll call you back to help with your application. 

Get started

  1. Tell us your contact details and how much you'd like to borrow
  2. We’ll get back to you in 2 to 3 business days
  3. We’ll answer any questions you have and help you submit your application
  • You don’t need to supply any documents at this stage
  • A credit check won't be done at this stage

Apply over the phone or in branch

Apply by phone

Call our Loan Specialists Monday to Friday, 8am to 8pm (AEST)

Call 1800 339 410

Apply in branch

Chat to us in person at your local ANZ branch

Book an appointment Find an ANZ Branch

Already applied for an ANZ Personal Loan?

To track your application or supply documents, you'll need your application reference number from your loan application confirmation email from us.

Track my application

Supply application documents

Get in touch

Not sure which loan to choose, have a question about your application or eligibility criteria? Give us a call or visit in person. We're here to help.

General personal loan enquiries

Available Monday to Friday 8am to 7pm (AEST)

Call 1800 801 485

Tips & guides

How to manage debt

Debt doesn’t have to be a dirty word. In fact, it can be good, bad or just downright useful. We look into types of debt and ways to get on top of them.

Read tips for managing debt

4 tips for your personal loan application

Ready to start your personal loan application? Make sure you’re eligible, have done your research and worked out your budget first.

Read application tips

Tips for buying a car

Need the freedom of your first car, or an upgrade to one that's more efficient? If you’re in the market for a new, used or demo car there’s a few things to consider before you take the plunge.Superscript:

Read tips for buying a car

Your questions answered


ANZ Fixed Rate Personal Loans and ANZ Variable Rate Personal Loans are unsecured. This means you do not have to use an asset like your car or home as security to get a loan.


If you have an ANZ Variable Rate Personal Loan, you can pay off your loan early by making early or extra repayments without additional costs. This could help you to save on the interest you pay over the life of the loan. 

With an ANZ Fixed Rate Personal Loan, early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF) and  ANZ Consumer Lending Terms and Conditions booklet (PDF).


ANZ Fixed Rate Personal Loan

An ANZ Fixed Rate Personal Loan gives you the certainty of fixed repayments for the term of your loan. This means if interest rates increase your repayments stay the same.

However, if you're looking to pay off your loan early, make extra repayments or increase your loan amount, early repayment fees and charges may apply. See Early Repayment Charges (PDF) and ANZ Consumer Lending Terms and Conditions booklet (PDF) for further information. You also do not have access to any early repayments made to the loan.

ANZ Variable Rate Personal Loan

With an ANZ Variable Rate Personal Loan, your interest rate may increase or decrease during the loan term, and so may your repayments. You can make early or extra repayments to pay off the loan faster (and save on interest charges), and redraw any extra money you’ve paid on your loan, without additional costs.


Interest explained

Interest is calculated on the unpaid daily balance of your loan and is charged to the loan on a fortnightly or monthly basis (depending on which product you have). The interest rate applied each day is equal to your annual interest rate, divided by 365.

It's important to note that the interest charged to your loan may be different each month for ANZ Fixed Rate and Variable Rate Personal Loans, as it depends on a variety of factors, such as the number of days in that month, the applicable annual interest rate and the unpaid balance of your loan. For the full details about how interest is calculated refer to our Consumer Lending terms and conditions brochure (PDF).


Different agencies can hold different information, you may have a credit report with more than one agency.

ANZ uses the credit score provided by Equifax to determine your applicable interest rate. We recommend that you access your credit report or credit score from Equifax or for a more accurate estimate.

A range of interest rates apply to ANZ Personal Loans. The interest rate range shown sets out the minimum and maximum interest rate that may be applicable.

We tailor your interest rate based on our assessment of your credit score. Where you have demonstrated good credit-based behaviour, such as not opening too many credit products or making repayments on time for your other credit products, this will be reflected in your credit score and you may be offered a rate in the lower end of our range. Where your credit history isn’t as long, or as good, or you have made many credit applications in a short period of time, this may negatively impact your credit score and you’ll likely be offered a rate at the higher end of our range.

We'll confirm your interest rate in a letter of offer, which you can decide whether to accept.

Here are some things to consider when applying for a personal loan.

A comparison rate helps you work out the true cost of a loan. This rate takes other fees and charges into account, like a loan approval fee and loan administration charge in addition to the interest rate. It’s meant to be a fairer way of comparing how much a loan will cost you.

For more information, visit Moneysmart.


Applying for a personal loan

Yes, you can apply but your application for an ANZ Personal Loan will be subject to ANZ’s credit assessment criteria.

Your liabilities and other financial commitments, such as an existing personal loan with another lender, will be taken into account when we assess your application for an ANZ Personal Loan.


You'll need to provide information on:

  • your income amount and frequency
  • your assets
  • what existing financial commitments you have with ANZ and other financial institutions, such as personal loans, home loans or credit cards
  • your expenses, such as how much you spend on gas, electricity, insurances, food, transport and lifestyle expenses

We ask for this information so that we can verify your financial circumstances and assess your ability to repay an ANZ Personal Loan without substantial hardship. You can explore which ANZ Personal Loan may suit your needs by using our tools and calculators. 


If you’re not a permanent Australian resident, you may still be eligible to apply for an ANZ personal loan. You will be required to meet specific visa and income verification requirements. Valid visas include a range of working visas and business visas.  

Working visas

Includes all temporary visa subclasses that allow an individual to work in Australia. This typically includes holders of skilled category visas but can also include some family category visas.

Working holiday visas are not acceptable.

Business visas

Includes all temporary/provisional business visa subclasses that allow business people to establish or manage a new or existing business or invest in Australia. This generally includes holders of business owner, senior executive or investor category visas.

For more details please visit an ANZ branch or call 1800 339 410 to discuss your application. You can also find out what a particular visa entitles the holder to by visiting Department of Home Affairs website.


You don’t have to pay stamp duty on any of our personal loans.

But if you’re buying a car, you may need to pay stamp duty to the state or territory government to register it and to transfer its registration. The amount of stamp duty varies between states and territories, and also depending on the type of vehicle.

Remember that this money doesn’t go to us, but to the relevant state or territory government.


Any information provided is general in nature and does not take into account your personal needs, financial circumstances or objectives and you should consider whether it is appropriate for you. ANZ recommends you read the applicable Terms and Conditions booklets and the ANZ Financial Services Guide before deciding whether to acquire, or continue to hold, a particular product.

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. Australian credit licence number 234527.

Fee waiver offer is available to customers who apply for a new or increase their existing ANZ Personal Loan between February 14 2024 and May 14 2024. This offer may be withdrawn or changed at any time without notice. The loan must be approved, and the funds drawn down within 90 days of approval to be eligible for the fee waiver offer. Excludes joint applications. Applications for credit are subject to ANZ’s credit assessment criteria.


Interest rates as at  and are subject to change. These interest rates may be withdrawn or changed at any time without notice and may not be available in conjunction with any other offers, packages, or promotions.


These comparison rates are based on a $30,000 Personal Loan for a five year term. The rates are applicable for unsecured loans only. 

 These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.


Terms and Conditions and eligibility criteria apply to ANZ Redraw. For further information on ANZ Redraw please refer to the ANZ Consumer Lending Terms and Conditions (PDF).


Applications must be submitted at an ANZ branch, and approved before noon Monday to Friday (AEST), and customers must have approved funds deposited into an existing ANZ everyday account. For a full list of eligible ANZ everyday accounts, please contact us on 1800 801 485 between 8am to 6pm (AEST) weekdays.


Fixed rate personal loans aren’t for everyone and early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF) and ANZ Consumer Lending Terms and Conditions booklet (PDF).