Updated October 14, 2026 · BorrowCue Editorial Team
BAWAG vs Crezu
Where BAWAG and Crezu differ
| Compare | BAWAG ReviewSee alternativesSee alternatives |  Crezu |
|---|---|---|
| Loan amount | €4,000 to €75,000 | ₱500 to ₱25,000 |
| Term | 12 to 120 monthsHigher | 3 to 4 months |
| Arrangement fee | 0 EUR - no processing fee (keine Bearbeitungsgebuehr) | 0 PHP - no service fee |
| Funding time | Payout within 24 hours | Decision in 2 min, money in 15 min |
| Lender type | Direct lender | Broker |
| Eligibility | Minimum age 18, main residence in Austria | Over 18 years old, resident of the Philippines, valid ID card, phone number and bank account |
| Loan types | Personal, Debt consolidation, CarCovers more | Personal, Debt consolidation |
| APR | Not confirmed | 12% to 36% |
| Representative example | Not confirmed | Personal loan of PHP 10,000 repaid in 3 months: total payment PHP 15,000 |
| Rate type | Fixed | Not confirmed |
| Free early repayment | No | Not confirmed |
| Origination fee (%) | 0% | Not confirmed |
Same on both: Credit check (Hard), Use cases (Home improvement).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- BAWAG scores higher overall: 9.1 vs 8.5.
- Term is higher at BAWAG: 12 to 120 months vs 3 to 4 months.
- Support channels: only BAWAG offers Phone, Help centre.
- Loan types: only BAWAG offers Car.
Our verdict on each
BAWAG
BAWAG’s Online Kredit is an Austrian consumer loan with an online application. The process includes identity confirmation and signing the loan agreement, and applicants must have their primary residence in Austria.
Crezu
Crezu suits borrowers in the Philippines who need a small short-term loan and want no arrangement fee from the broker, with 12% to 36% across PHP 500 to PHP 25,000. The catch is the representative example, where the same loan costs far more than it borrows, and support runs on email only.
Score breakdown
| Area | BAWAG | Crezu |
|---|---|---|
| Cost | 8.9Higher | 8.8 |
| Offer | 9.4Higher | 8.2APR 12% to 36% and origination fee 0 PHP - no service fee shape the offer. |
| Trust | 9.2Higher | 8.3 |
Positions in our rankings
| Ranking | BAWAG | Crezu |
|---|---|---|
| Personal loans | 526 of 1920 | 48 of 1920 |
| Debt consolidation loans | 165 of 425 | 18 of 425 |
| Home improvement loans | 217 of 562 | 21 of 562 |
Also worth a look
Sofkredit has term at 6 to 240 months, against 12 to 120 months for BAWAG and 3 to 4 months for Crezu.
Sofkredit reviewEvery fact side by side
| Fact | BAWAG | Crezu |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Not confirmed | Same day funding |
| Legal entity | BAWAG P.S.K. Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse Aktiengesellschaft | Fininity OÜ (Fininity Ltd), company no. 14523902 |
| Headquarters | Austria | Estonia |
| Support channels | Phone, Email, Help centreCovers more |
Mortgages
| Fact | BAWAG | Crezu |
|---|---|---|
| Maximum loan to value | 80% | Not confirmed |
| Purpose | Purchase, Remortgage | Not confirmed |
Where each stands against the rest
| Fact | BAWAG | Crezu | Median |
|---|---|---|---|
| APR | Not confirmed | 12% to 36%above the median | 8.99 |
| Term | 12 to 120 monthshighest quarter | 3 to 4 monthslowest quarter | 60 |
| Origination fee (%) | 0%below the median | Not confirmed | 0.25% |
Median across 1152 listed lenders.
Pros and cons
BAWAG
Pros
- The Online Kredit is described as a consumer loan with an online application.
- The described application includes identity confirmation and contract signing.
Cons
- Applicants must have their primary residence in Austria; lender requirements also apply.
Crezu
Pros
- Origination fee 0 PHP - no service fee on both personal loans and debt consolidation, so nothing is taken for arranging the loan
- Funding speed Decision in 2 min, money in 15 min and same day funding make it workable when a bill has a short deadline
- 12% to 36% sits under the site median of 12%, which suits a careful borrower comparing total cost
Cons
- The representative example is the weak point: a small personal loan repaid inside 3 to 4 totals far more than the amount borrowed, so the headline 12% to 36% understates what is repaid
- Support runs on email only, so a question about a missed repayment waits on email rather than live help
- As a broker the contract sits with a partner lender, so the lender's own terms decide the cost
Who each suits
BAWAG
Who it suits
- People with primary residence in Austria who want to compare online consumer-loan applications.
Who should look elsewhere
- Applicants without primary residence in Austria.
Crezu
Who it suits
- Borrowers in the Philippines who need a small sum quickly and already meet the eligibility rules: adults with a valid ID card, a phone number and a bank account
- Anyone tidying existing debt who wants a single debt consolidation loan rather than several small balances
- Cost conscious borrowers who read the representative example before applying and set aside the full repayment figure
Who should look elsewhere
- Borrowers who need a long repayment period, since terms run 3 to 4 and there is no room to stretch the balance
- Anyone who wants to speak to a person on the phone, because support runs on email only
- Readers who want a large sum for a big project, since Crezu ranks 669 of 685 brands on loan amount
Current offers
BAWAG
Current offer
Discount code
Konto Prozent: 5% account fee back with Online Kredit: 5% account management fee back monthly, up to 45% in total with Konto Prozent
Register via BAWAG Banking App; applies to KontoBox Small, Medium, Large and XLarge salary, private and pension accounts; credit approval required
Source, checked September 26, 2026
Crezu
Current offer
Bonus
1st Credit with 0%: 0% interest on the first loan
First loan can be free of charge for new clients; otherwise lending rates from lenders run 12% to a maximum APR of 36%
Source, checked September 26, 2026
Country by country
| Country | BAWAG | Crezu |
|---|---|---|
| Austria | Yes | No |
| Philippines | No | Yes |
Questions about each
Crezu
What does Crezu cost to borrow?+
Interest runs at 12% to 36% on both personal loans and debt consolidation loans, above the 12% typical for personal loans here. Origination fee 0 PHP - no service fee means the broker takes nothing for arranging it. The representative example shows a small personal loan repaid inside 3 to 4 at a total far higher than the sum borrowed, so the total repayment is the figure to plan around.
Is Crezu regulated or covered by a deposit protection scheme?+
Crezu is a broker, and the loans themselves come from partner lenders rather than from Crezu. No regulator and no deposit protection scheme is set out for the offer. What matters is the contract you sign with the partner lender, so read that document for the lender's own regulatory status before you borrow.
How much can I borrow and for how long?+
Amount PHP 500 to PHP 25,000 is a small ticket range, which suits a bill or a repair rather than a major purchase, and it sits well below the site median loan size. Term 3 to 4 is short, so the balance has to clear quickly. Read the representative example first, because a short term on a small loan can still leave a large total to repay.
How fast do I get the money?+
Funding time Decision in 2 min, money in 15 min is the headline: the decision comes quickly and the cash follows shortly after. same day funding confirms same day funding. The money goes to the bank account in your application, so make sure that account is live and can receive a transfer before you apply.