Costs

Cost calculator

We only lend that 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 $632.50. The cost is made up of an 20% establishment fee and a 4% monthly fee. 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

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.

Other fees that may apply

Direct debit
dishonour fee:

$15.00

This fee is charged each time a direct debit is dishonoured.

Late fee:

$15.00

This fee is charged each time you defer your repayment by more than 5 days from the original scheduled date.

Credit fees and charges

Establishment fee:

4 – 8% of the
principal borrowed

Comparison rate:

11.69 – 36.07% 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

Direct debit
dishonour fee:

$15.00

This fee is charged each time a direct debit is dishonoured.

Late fee:

$15.00

This fee is charged each time you defer your repayment by more than 5 days from the original scheduled date.

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 23.99%*

    Tailored to your credit profile and history

  • Credit limit approvals up to 1,000

  • Minimum withdrawal amount is $100

  • Monthly account fee of $9

    Only applies if outstanding balance is over $20

  • Annual fee from $110

    Based on your approved credit limit

*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 $7.50 for a failed payment

    The fee applies for a failed direct debit

  • Late fee of $10 if your failed payment is not caught up within 7 days

  • 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?

*Please note: You may be offered an amount less than requested. Subject to our assessment and suitability.