Rating based on 25 reviews

BNZ Bank


  • Low-interest starting from 17.85%
  • Debt consolidation loans up to $30,000
  • Repayment up to 5 years

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Author BNZ Bank. Screenshot of BNZ Bank website. [Accessed May 23, 2018]

About BNZ Bank

BNZ Bank is one of the leading banks in the country with some of the best and most advanced banking technologies and the lowest rates available in New Zealand.

Whether you’re looking to switch to BNZ for more affordable banking or take out a business loan – we’ve got the best deals at the lowest rates!

Simply untouchable

Our sheer weight and size are what allows us to control our rates and offers independent of our local and international competition. We’re a bank that simply strives to achieve more, do better and help our customers achieve the financial freedom we believe they deserve.

What BNZ Bank can offer you

At BNZ Bank we offer banking and lending services to individuals, businesses and institutions and are proud of our flexibility and comprehensive range of services and products.

With all that, we offer it’s safe to say that when customers choose us they never need to look elsewhere to have their needs met.

Consolidating your bad debts

Whether it’s one too many credit cards, hire purchases or store cards that have got you tied up – we can offer you a personal loan of up to $30,000 that can be used to consolidate your debt into one, a more manageable loan with a lower interest rate.

BNZ Bank Product Details

  • Loan Type Debt consolidation loans
  • Interest Rate from 17.85%
  • Loan Amount up to $30,000
  • Repayment 6 months to 5 years
  • Decision 48 hours

We’re a bank that simply strives to achieve more

Our annual interest rate on debt consolidation loans is just 17.85% - a rate that essentially guarantees you’ll save money by combining your debts into one easier to manage BNZ Bank loan.

We offer loan terms from 6 to 60 months – which means you can choose a longer loan term and lower the monthly instalments to make your debt easier on the budget.

Applying online for a loan

Unfortunately, we require you to be an existing customer to get a debt consolidation loan with us. If you are interested in our fantastic products and are not a client, we strongly recommend that you switch to us today and begin your journey to financial well being and success. We offer a 100% online loan application for existing customers and we strive to get back to you in 24 hours or less.

How has debt consolidation work for customers?

When you are applying for a number of loans, the interest charges tend to be a bit higher and costly. In the long run, the customer has little to nothing left to spend on other necessities. When you get a debt consolidation, you will be able to settle most if not all of your loans and will only have one credit plan to pay. This type of credit has simplified a lot of credit problems for customers.

How long will it take to have my debt consolidation loan approved?

We always want to work as fast as we can after receiving a loan application from the customer. Depending on the time you applied, we might give you feedback on the very same day or preferably the next. We are aware that customers usually want to make use of the money right away and that is why we will never delay your credit request. Our agents are always working around the clock to ensure that you get your loan approved.

Can I apply for an additional loan?

If you would like to apply for another debt consolidation loan, we will have to look at how you are currently paying the one that you have and whether you can afford another credit plan.

Customer Reviews & Testimonials

November 2018

When I came to BNZ Bank, I knew my debt consolidation problems would be resolved. I was impressed to see that the staff wants to see that I have been assisted with all the information that I need...

John B
— Albany —

November 2018

I was looking for money and I knew BNZ Bank would be the bank that could help me. They didn’t waste time. As soon as they received my documents and necessary paperwork, the money was deposited in...

James B
— Albert Town —

December 2018

Finding a bank that didn’t want to overburden my budget with a costly wasn’t the aim of BNZ Bank. Instead, they wanted to ensure that I still have an excess of money to do all the other necessary...

Robert K
— Albury —

February 2019

Having been assisted by consultants who go out of their way to ensure that the customer is happy was an amazing feeling. It is rewarding to know that there is still a bank that cares about its cl...

Natalie W
— Albury —

BNZ Bank Contact Details

Contact Number


  • not available


Physical Address

Postal Address

  • Private Bag 39806, Wellington Mail Centre, Lower Hutt, 5045, New Zealand

Opening Hours

  • Monday 09:00 – 16:30
  • Tuesday 09:00 – 16:30
  • Wednesday 09:00 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 09:00 – 16:30
  • Saturday – Closed
  • Sunday – Closed