Costs

The cost of your loan is based on your MoneyMe rating.

Cost calculator

We are transparent about our costs

We only lend what you can afford to repay.
We are transparent about our cost structure and we’ll keep your fees to a minimum.

$2,100

$50,000

How much do you need?

For how long?

Not bad Great

Monthly payments:

Total payment:

Your total payment will be $.... The cost is made up of an ...% establishment fee and and interest of $... It does not include the $10 monthly account fee. The payment amount is based on the variables selected, is subject to our assessment and suitability, and other important terms and conditions apply.

Loans between $2,100 and $50,000

Credit fees and charges

Establishment fee:

$0 to $5,000

$295

$5,001 to $15,000

$395

$15,001 to $50,000

$495

Interest rate:

6.25% - 19.95% p.a.

Note: For new loans above $25,001 the max interest rate is 13.25% p.a.

Monthly fee:

$10.00

Comparison rate³:

7.64% - 13.32% p.a.

Other fees that may apply:

Dishonour fee:

$15.00

This fee is charged each time a direct debit is dishonoured or your commitment to make a loan repayment is not met.

Overdue account fee:

$15.00

This fee is payable on the third day of each month that your account is in arrears.

We discourage you from not repaying on time and even send you upcoming payment reminders. If you fail to repay on time, you may be charged a dishonour fee and / or an overdue account fee.

³This comparison rate is based on an unsecured personal loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. $495 establishment fee and $10 monthly fee applies.

Note: Calculator results are an approximate guide to how much you can borrow and do not represent an offer from MoneyMe. An application is required to be made and assessed subject to our internal lending criteria, government regulations, and a successful credit history check.

Better value with MoneyMe

if you have a good credit profile or good history with MoneyMe you may Get rewarded with a lower cost loan.

How to improve your loan rating?

Each time you get a MoneyMe loan and repay on time, your repayment history may improve your MoneyMe loan rating and you may be able to borrow at a lower cost next time you borrow from us.

of customers would recommend
MoneyMe to a friend

of customers
would recommend
MoneyMe to a friend

Ready to get started?

Up to $50,000

Awesome low rates with fast
approvals and flexible repayments.

Up to $20,000

Feature-packed low rate virtual
Mastercard® with interest-free terms.

Need help?

We’re here to answer your questions.

Costs

We are transparent about our costs

Product features

Interest rate 16.99%*
Credit limit approvals up to $20,000
Minimum withdrawal amount is $100
Monthly account fee of $5

Only applies if outstanding balance is over $20
Annual fee from $0 to $149

Based on your credit limit and rating
0% cash advance rate

Other fees that may apply

Dishonour fee of $15

This fee is charged each time a direct debit is dishonoured or your commitment to make a loan repayment is not met
Overdue account fee of $15

This fee is payable on the third day of each month that your account is in arrears
Be confident knowing fees are capped so they won’t keep adding up
Disputed transaction fee - $11.00 per disputed transaction: Payable on completion of investigating a disputed transaction if it is found that the transaction was valid.
Mastercard foreign exchange fee - 2.99% of the transaction value in $AUD: Payable when you use your Freestyle Card for a foreign currency transaction or for an Australian dollar transaction that is with a foreign merchant or that is processed by an entity outside Australia. These transactions will also be subject to the prevailing Mastercard exchange rate at the time of the transaction

To view your key facts sheet, click here

Other fees that may apply

Dishonour fee of $15

This fee is charged each time a direct debit is dishonoured or your commitment to make a loan repayment is not met
Overdue account fee of $15

This fee is payable on the third day of each month that your account is in arrears
Be confident knowing fees are capped so they won’t keep adding up
Disputed transaction fee - $11.00 per disputed transaction: Payable on completion of investigating a disputed transaction if it is found that the transaction was valid.
Mastercard foreign exchange fee - 2.99% of the transaction value in $AUD: Payable when you use your Freestyle Card for a foreign currency transaction or for an Australian dollar transaction that is with a foreign merchant or that is processed by an entity outside Australia. These transactions will also be subject to the prevailing Mastercard exchange rate at the time of the transaction

To view your key facts sheet, click here

Better value with MoneyMe

if you have a good credit profile or good history with MoneyMe you may Get rewarded with a lower cost loan.

How to improve your loan rating?

Each time you get a MoneyMe loan and repay on time, your repayment history may improve your MoneyMe loan rating and you may be able to borrow at a lower cost next time you borrow from us.

of customers would recommend
MoneyMe to a friend

of customers
would recommend
MoneyMe to a friend

Ready to get started?

Up to $50,000

Awesome low rates with fast
approvals and flexible repayments.

Up to $20,000

Feature-packed low rate virtual
Mastercard® with interest-free terms.

Need help?

We’re here to answer your questions.

Costs

The cost of your loan is based on your MoneyMe rating.

Our rates and fees

Loans between $2,100 and $50,000

Better value with MoneyMe

How to improve your loan rating?

Better value with MoneyMe

How to improve your loan rating?