Costs - Charges For Personal Loans

Cost calculator

We only lend what you can afford to repay
and 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.

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 $... 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

Loans between $2,001 and $5,000

Credit fees and charges

Establishment fee:

$400

Comparison rate:

24.24 – 46.68% 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.

Comparison rate:

24.24 – 46.68% per annum**

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 $400 establishment fee.

WARNING: This comparison rate is true only for the example given and may not include all fees and different terms, fee or other loan amounts might result in a different comparison rate

Loans between $5,001 and $25,000

Credit fees and charges

Establishment fee:

5 – 8% of the
principal borrowed

For larger loan amounts the establishment fee is capped at $1,200

Comparison rate:

12.36% - 36.07% per annum***

Interest rate:

8.99 – 29.99%

Comparison rate:

12.36% - 36.07% per annum***

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 $10,000 over 3 years and a 5-8% establishment fee.

WARNING: This comparison rate is true only for the example given and may not include all fees and different terms, fee 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?

Credit limit fees and charges

We’re fair, simple and transparent

Fees and charges

Interest rate from 18.25% to 25.99%*

Tailored to your credit profile and history
Credit limit approvals up to $5,000
Minimum withdrawal amount is $100
Monthly account fee of $9

Only applies if outstanding balance is over $20
Annual fee from $100 to $250

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?