Next Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Next Bank lends directly in Taiwan as a pure internet bank, and the flat origination fee of TWD 6,000 (TWD 3,088 with MyData) is what sets it apart.

Key facts

Best for
Direct lending in Taiwan with a flat origination fee and a high borrowing ceiling.
APR
3.31% to 15.52% (Source, checked September 26, 2026)
Loan amount
up to NT$8,000,000 (Source, checked September 26, 2026)
Term
up to 120 months (Source, checked September 26, 2026)
Arrangement fee
TWD 6,000 (TWD 3,088 with MyData) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
24-hour online application and disbursement (healthcare worker loan) (Source, checked September 26, 2026)
Representative example
NTD 300,000 borrowed over 5 years at a floating rate of 2.48%-14.59% with a NTD 6,000 origination fee, total APR 3.31%-15.52% (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
No (Source, checked September 26, 2026)
Eligibility
Taiwanese natural persons of legal age (18+) with annual income of at least TWD 300,000 (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
Jianglai Commercial Bank Co., Ltd. (Source, checked September 26, 2026)
Headquarters
Taiwan (Source, checked September 26, 2026)
Founded
2020 (Source, checked September 26, 2026)
Support channels
Chat, Phone, Help-centre (Source, checked September 26, 2026)
Official website
nextbank.com.tw

Mortgages

Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Jianglai Commercial Bank Co., Ltd. (Source, checked September 26, 2026)
Headquarters
Taiwan (Source, checked September 26, 2026)
Founded
2020 (Source, checked September 26, 2026)
Support channels
Chat, Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App Store
Elsewhere
WikidataLinkedInyoutube.com

Pros and cons

Pros

  • Direct lender, so the direct lender relationship keeps the deal with the bank rather than paying a broker to arrange it.
  • Generous ceiling for a personal loan: up to TWD 8,000,000, with a term running to up to 120.
  • Support covers chat, phone and help centre, so a phone call and live chat are both available.
  • Against the personal loan median of 12% across lenders here, the 3.31% to 15.52% band starts lower.

Cons

  • Free early repayment is not offered, so clearing the balance ahead of schedule is not a free move.
  • A hard credit check is used, so a rejected application is recorded where other lenders can see it.
  • Pricing is a variable rate, so the instalment can rise during the up to 120 term.
Next Bank

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Scored 8.9 / 10 by BorrowCue.

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Who it suits

  • Borrowers in Taiwan who meet the lender's income test and want the bank itself, not a marketplace such as Cashspace, to hold the account.
  • Healthcare workers after a fully online application and disbursement, the route this lender publishes for that loan.
  • People comparing the bottom of the rate band, since 3.31% to 15.52% here starts below PHP 12 to PHP 36 at Cashspace.

Who should look elsewhere

  • Not for anyone who plans to repay early, because free early repayment is not offered.
  • Not for borrowers shopping purely on a free rate, since Cashspace ES lists a free APR against 3.31% to 15.52% here.

How your money is protected

The lending comes straight from the bank, which is listed as a direct lender, so no broker sits between the application and the money. The representative example puts a floating rate on top of a fixed origination fee, which keeps the headline cost clear even as the rate moves. The bank operates under a pure internet bank licence from the Financial Supervisory Commission in Taiwan.

How Next Bank compares

Where Next Bank is available

Available
Taiwan
Licence in Taiwan
Financial Supervisory Commission, Taiwan (FSC) - pure internet bank licence, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to borrow from Next Bank?+

The cost sits in two parts: an origination fee of TWD 6,000 (TWD 3,088 with MyData), set as a fixed charge, and a floating rate that puts the total APR in the 3.31% to 15.52% band. Because the rate moves, the figure you start on is not the figure you finish on.

Is the money held by a regulated bank?+

The lending is done by Jianglai Commercial Bank Co., Ltd., which operates under a pure internet bank licence from the Financial Supervisory Commission in Taiwan. It is a direct lender, so the money is the bank's own and no third party holds or brokers the loan.

How much can I borrow, and for how long?+

Personal loans run to up to TWD 8,000,000, with a term that can stretch to up to 120. The listing is a personal loan, while the same bank also covers purchase and remortgage through a separate mortgage product with its own rate and term.

What credit check will I face?+

The application runs a hard credit check, so a full search is recorded whether you are approved or not. Applicants also have to be Taiwanese adults who clear the lender's minimum annual income test before a quote is possible.

Is the rate fixed or variable?+

The 3.31% to 15.52% band is the range you would be quoted inside. A variable rate means that figure can move in either direction across the up to 120 term, so the same borrower can pay noticeably more or less depending on when the loan is taken.

How can I reach Next Bank if something goes wrong?+

Support runs on chat, phone and help centre, so you can call, chat or work through the help centre without relying on email. The lending business sits with Jianglai Commercial Bank Co., Ltd., which has traded as a pure internet bank since 2020.

Can I repay the loan early?+

Free early repayment is not offered on the personal loan, so settling the balance ahead of schedule is not a free option here. Borrowers who expect to overpay, or who want a different structure, should weigh that against a lender such as Cashspace before committing.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Next Bank

Next Bank

Direct lending in Taiwan with a flat origination fee and a high borrowing ceiling.

8.9/10See alternatives

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