Costs

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

Cost calculator

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.

How much do you need?

For how long?

Credit history

Monthly payments:

$0

Total payment:

$0

Your total payment will be $.... The cost is made up of an ...% establishment fee and and interest of $... The payment amount is based on the variables selected, is subject to our assessment and suitability, and other important terms and conditions apply.

Our rates and fees

Click on one of the type of loans below to learn more about them.

Credit fees and charges

Establishment fee:

$200

Comparison rate:

16.78% - 38.50% per annum**

Interest rate:

8.99 – 29.99%

This interest rate is based on the Annual Percentage Rate (APR). Our APR is calculated daily by applying the daily APR and charged in arrears on the outstanding balance of your loan to the date your payment is due.

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 charged each time your account is not up to date by the end of the last day of the month.


**This comparison rate is based on our medium loan for an amount of $2,500 over 2 years and a $200 establishment fee.

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

Credit fees and charges

Establishment fee:

5 – 8% of the
principal borrowed

A minimum $200 establishment fee is applied and for larger loan amounts the establishment fee is capped at $1,200

Comparison rate:

10.68% - 21.12% per annum***

Interest rate:

8.99 – 29.99%

This interest rate is based on the Annual Percentage Rate (APR). Our APR is calculated daily by applying the daily APR and charged in arrears on the outstanding balance of your loan to the date your payment is due.

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 charged each time your account is not up to date by the end of the last day of the month.


***This comparison rate is based on our personal loan for an amount of $30,000 over 5 years and a $1,200 establishment fee.

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

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 decent credit profile or good history with MoneyMe, you get rewarded with a lower cost. And if you’re new to credit, we take a positive view on that and offer lower costs for you too.

How to improve your loan rating?

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

Ready to get started?

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Personal loans


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Credit limit fees and charges

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.

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Fees and charges

  • Interest rate 16.99%*

    Tailored to your credit profile and history

  • 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

*This interest rate is based on the Annual Percentage Rate (APR). Our APR is calculated daily by applying the daily APR and charged in arrears on the outstanding balance of your loan to the date your payment is due.

Other fees that may apply

  • Dishonour fee of $15

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

  • Overdue account fee of $15

    This is payable each time your account is not up to date by the end of the last day of the month.

  • Be confident knowing fees are capped so they won’t keep adding up

Better value with MoneyMe

If you have a decent credit profile or good history with MoneyMe, you get rewarded with a lower cost. And if you’re new to credit, we take a positive view on that and offer lower costs for you too.

How to improve your loan rating?

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

Ready to get started?

Shop now, pay later or transfer money to
anyone. Freestyle it with Mastercard®.