Dosh review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Dosh suits New Zealand households who want everyday spending, saving and small borrowing in one app, with a dosh card that costs NZD 0 a month. The savings account pays a return with on call access, and the personal loan allows free early repayment, keeping the money side simple.
Key facts
- Best for
- Everyday spending and easy access saving for New Zealand households, with small borrowing alongside.
- Monthly fee
- NZ$0↗
- Currency conversion fee
- 2%↗
- Card type
- Debit↗
- Cashback rate
- 1%↗
- Card network
- Visa↗
- Legal entity
- MCA Investments Limited↗
- Headquarters
- New Zealand↗
- Founded
- 2021↗
- Support channels
- Email↗
- Official website
- dosh.nz
Loans
- APR
- 14.95%↗
- Loan amount
- NZ$2,000 to NZ$75,000↗
- Term
- 12 to 84 months↗
- Arrangement fee
- Establishment fee NZD 140 + broker fee NZD 100 + admin fee NZD 6.95 per repayment↗
- Credit check
- Hard↗
- Rate type
- Variable↗
- Lender type
- Broker↗
- Free early repayment
- Yes↗
- Eligibility
- 18 years or older; NZ citizen or permanent resident of NZ; current NZ driver's licence or passport; active dosh account↗
- Loan types
- Personal, Debt-consolidation↗
- Pricing model
- No monthly fee
Savings
Mortgages
- Initial rate
- 4.79%↗
- Fixed period
- 0.5 years↗
- Maximum loan to value
- 90%↗
- Product fee
- NZ$0↗
- Purpose
- Purchase, Remortgage, First-time-buyer, Buy-to-let↗
Facts checked September 26, 2026, 14 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- LinkedInfacebook.cominstagram.com
Pros and cons
Pros
- The dosh card pays 1% cashback on a debit visa card, and the product fee is NZD 0.
- Savings pay 2.6% on a variable basis, with access terms of On call, unlimited withdrawals, no notice period and a NZD 0 minimum deposit.
- Personal loans of NZD 2,000 to NZD 75,000 over 12 to 84 allow free early repayment, and home loans start at 4.79%.
- Dosh holds a Financial Markets Authority licence, FSP1000801, in New Zealand.
Cons
- Support runs on email only, so there is no phone line or live chat for account problems.
- Currency conversion costs 2%, which leaves Dosh at 165 of 258 on that measure.
- The personal loan is arranged through a broker with a hard credit search, and the arrangement fee adds an establishment fee, a broker fee and an admin fee on each repayment.
Who it suits
- New Zealand households who want a card, savings and loans in one place, with the card fee at NZD 0.
- People who need money on demand, since savings access is On call, unlimited withdrawals, no notice period and withdrawals carry no limit.
- Borrowers comfortable with a 14.95% APR and a hard credit search who value free early repayment.
Who should look elsewhere
- Readers who want one account across many currencies: Wise, since Dosh is registered in New Zealand and charges 2% on conversion.
- Anyone after a deposit backed credit card for credit history: the Varo Believe Secured Credit Card, charging $0 monthly against the Dosh debit card at NZD 0.
- Households outside New Zealand wanting a fee free current account: bunq, whose plan charges €0.
Where it sits among rivals
Dosh sits at 1 of 422 brands on monthly fee, level with bunq at €0 and Wise at £0. Currency conversion tells the opposite story: 2% leaves Dosh at 165 of 258, well above the 1% median across the site.
Who runs it
Dosh is run by MCA Investments Limited, registered in New Zealand and founded in 2021. It holds a Financial Markets Authority licence, FSP1000801, so its savings and lending activity sits under that regulator. Eligibility rules for the personal loan and home loans are set out in help articles, so terms can be checked before applying.
How Dosh compares
8.5 vs 9.4
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Where Dosh is available
- Available
- New Zealand
- Licence in New Zealand
- Financial Markets Authority (FMA) (FSP1000801), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the dosh card cost to hold?+
The dosh card is a debit card on the visa network, and the monthly fee is NZD 0. Card spend earns 1% cashback, so everyday purchases add a small rebate on top of an account with no monthly charge.
What does it cost to spend in another currency?+
Currency conversion is charged at 2%, and that is the one place the otherwise free card pricing slips. Dosh ranks 165 of 258 on that measure, so holiday spending and overseas online purchases cost more than the monthly fee suggests.
What does the dosh savings account pay?+
The savings account pays 2.6% on a variable basis, so the rate can move rather than stay locked for a set period. It is an easy access account with a NZD 0 minimum deposit, and access is On call, unlimited withdrawals, no notice period.
Who runs Dosh and which regulator watches it?+
Dosh is operated by MCA Investments Limited, registered in New Zealand and founded in 2021. The business holds a Financial Markets Authority licence, FSP1000801, and publishes that number so customers can match it before they apply for an account or a loan.
What does a dosh personal loan cost?+
Personal loans run at an 14.95% APR for NZD 2,000 to NZD 75,000 over terms of 12 to 84. Dosh acts as a broker rather than the lender itself, the credit search is hard, and early repayment carries no charge. The loans cover personal and debt consolidation.
Can Dosh help with a home loan?+
Dosh offers home loans for purchase, remortgage and first time buyer, with an initial rate of 4.79% and a fixed period of 0.5. The maximum loan to value is 90%, and the rate is variable, so it is not locked for the whole term.
Who can borrow from Dosh?+
Applicants must be adults, NZ citizens or permanent residents, hold a current NZ driver's licence or passport, and have an active dosh account. Those conditions sit on top of the 14.95% APR and a hard credit search on the application.
How do I get help from Dosh?+
Help runs on email, so questions about the account, the card or a loan go by message rather than by phone. Application and eligibility details are set out in help articles covering the personal loan and home loan criteria, which is where to check terms before applying.
Sources
- dosh.nz checked September 26, 2026
Backs: Headquarters
“MCA Investments Limited, a registered New Zealand company”
- dosh.nz/borrow checked September 26, 2026
Backs: Loan amount, APR, Free early repayment, Loan types, Arrangement fee, Term
“Borrow between $2,000 and $75,000”
- dosh.nz/card-rewards checked September 26, 2026
Backs: Cashback rate, Currency conversion fee, Monthly fee
“earn 1% back in Phone Dollars on your eligible everyday spend - One NZ dosh Visa debit card”
- dosh.nz/contact-us checked September 26, 2026
Backs: Support channels
“contact@dosh.nz”
- dosh.nz/dosh-card checked September 26, 2026
Backs: Card type, Card network
“Spend with your One NZ dosh Visa debit card”
- dosh.nz/dosh-home-loans checked September 26, 2026
Backs: Purpose
“whether you're getting your first home, moving house or refinancing your mortgage”
- dosh.nz/home-loans-interest-rates checked September 26, 2026
Backs: Fixed period, Initial rate
“Fixed rates 6 months ANZ 4.79%”
- dosh.nz/public-disclosure checked September 26, 2026
Backs: Legal entity, Product fee, Licences
“Dosh is the trading name of MCA Investments Limited (NZBN 9429048713511)”
- dosh.nz/save checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model
“dosh Strives are fully on call savings accounts. You can make unlimited withdrawals at any time with no notice period and no penalties.”
- dosh.nz/terms-conditions checked September 26, 2026
Backs: Rate type
“We advertise the rate of interest that is current on the day on our Website (www.Dosh.nz) and in the Dosh app, however this rate may go up or down at any time and without notice.”
- intercom.help/dosh-nz/en/articles/10297527-home-loan-elig... checked September 26, 2026
Backs: Maximum loan to value
“Purchasing a property to live in: Lending is restricted to 90% of the purchase price”
- intercom.help/dosh-nz/en/articles/9063851-dosh-personal-loan checked September 26, 2026
Backs: Credit check, Lender type
“Agree to a credit check”
- intercom.help/dosh-nz/en/articles/9284006-applying-for-a-... checked September 26, 2026
Backs: Eligibility
“Are 18 years or older. Are a NZ citizen or permanent resident of NZ. Hold a current New Zealand driver's licence or passport. Hold an active dosh account”
- nz.linkedin.com/company/dosh-new-zealand checked September 26, 2026
Backs: Founded
“James McEniery and Shane Marsh returned to New Zealand in 2021 and launched dosh”
Compiled from 14 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Free ATM withdrawals, Protection.
Dosh
Everyday spending and easy access saving for New Zealand households, with small borrowing alongside.