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Estimate your

Find out how much your repayments and
interest rate could be with our calculator


Monthly repayment from


Example interest rate

9.20 %

Comparison rate*

10.58 %

Total charges


Total repayments


Disclaimer: This calculator provides an estimate only and a comparison rate based on the example information provided. Other fees, costs and charges are not included. This calculation is not an offer for credit. The amount you can borrow may vary once you complete a loan application and all the details relevant to our lending criteria are captured and verified. The interest rate for this product is variable and subject to change. Any calculations made by you using this calculator is intended as a guide only.

Need A Loan

When you need a loan fast, MoneyMe is the credit provider you are looking for. We offer same day loans in record time. Applications take you just a few minutes to complete and submit and there are no unnecessary phone calls or time wasted collecting documentation. Just fast and easy financing options at great rates and low fees.

Why do you need a loan?

Personal loans come in all shapes and sizes and why you need a loan could be for a variety of reasons. At MoneyMe, we’re about making sure that our customers have access to quick and easy finance options when they need them. That means that you can choose from our quick cash loans as low as $5000 or our long term personal loans of up to $20000. You can also opt for our revolving line of credit option, the Freestyle virtual Mastercard® with credit balances of up to $20,000 available. 

A variable rate personal loan is designed to offer you a lump sum cash amount debited directly to your bank account for you to disseminate how you need to. If you were looking for an easy finance option to help you purchase a big-ticket asset like a new car or a boat, you would apply for your loan online for a total loan amount covering the cost of your new asset. When you received those funds, you would then pass that money onto the person or company you were purchasing your boat from. If you were looking to borrow money to help you pay your tuition costs or help you purchase what you need to start studying, then you’d apply for the total amount you needed and then use your new funds the same way.

Once the money is spent, it’s gone and there is no personal loan redraw facility available. You repay the amount over-scheduled repayments agreed upon when you initially took out the loan. In some cases, this might be exactly what you’re looking for but for other cases, there may be a more flexible credit option than a quick loan.

The Freestyle virtual Mastercard® works just like any other online credit card with a tiny exception – it lives in your smartphone rather than your wallet. A credit card, unlike small loans, is a revolving line of credit. This means that when the credit balance is repaid, that balance becomes available again for you to spend. For example, if your virtual credit card has a credit limit of $5,000 then you have $5,000 to spend immediately. When you have spent $2,500 but repaid $750 of that amount then you have $3,250 to spend again. 

Credit balances for a Freestyle account are available for up to $20,000 and come with 55 days interest-free on purchases made using your MoneyMe credit card. This means that when you repay your borrowed funds within that period you are essentially using an interest free credit card. Like all of our finance options you can receive fast credit card approval when you apply online and during business hours. Once you have signed your contract with us then your Freestyle account and new credit funds are available to use on the same day.

So, the question really becomes personal loan vs credit card. To recap, quick personal loans from MoneyMe offer you a lump sum amount upfront that you use and then repay slowly over time. You cannot redraw any money that you have repaid on this type of instant loan. If you wish to refinance a personal loan or borrow some more money, you need to go through the easy loan application process from start. With a line of credit like our Freestyle account, you are already pre-approved up to your initial amount so you can draw same day loans like a quick cash advance between pay cycles immediately from your credit card balance.

Alternatively, you can use your credit card for all of your monthly living expenses, knowing you have a very clear budget in mind. At the start of your new pay cycle, you can repay your credit balance and then start again. This is particularly useful for the Freestyle virtual credit card because we offer customers up to 55 days interest-free on purchases they make using it. When you repay your credit balance within those 55 days, then you pay no interest at all on the money you used. You also have the freedom to draw fast cash loans from your own pre-approved credit line and deposit that cash directly into your bank account.

What should I do if I need a loan?

Once you have decided that you need a loan then it’s time to start your online application. Applications with MoneyMe take just a few minutes to complete and are designed to deliver fast approvals. You will be asked the total loan amount that you’re looking for as well as things like your salary, your living expenses, any other debt that you may have, and how long you would ideally like to take your new loan over.

We will then review your online banking history over the last 90 days to verify that your application details are correct. We do this using secure online banking encryption and the access that you offer us is read only. Once we have verified your application data then we can approve your new loan amount and send you a digital loan contract. As soon as this is signed and accepted then we transfer your new funds. Depending on who you bank with this could even mean that you have the money you need within the hour. Our process has been designed for the utmost convenience of our customers, so there’s no need to hire a personal loan broker to get things done.

It’s the same process for our credit card application online. Once you have signed and accepted the terms of your new credit line, the funds become available for you to use on the same day.

What documents do I need for a loan?

We specialise in offering low doc personal loans which means that you don’t have to spend hours finding payslips and painstakingly uploading them in obscure file formats. We’ll ask you for some general documentation like your identification (passport, driver’s licence, etc) and that’s it.

How much deposit do I need for a business loan?

MoneyMe is an online lender specialising on personal loans and personal credit lines. But of course, you can always borrow money from us to use for your business, especially if you’re just starting. Our low rates and fees mean that you’ll access competitive personal financing from personal loan specialists. If you’d like to discuss your financing options such as whether you can get a personal loan for self-employed applicants, please feel free to contact us either via live chat through our website or over the phone on 1300 090 917. Our customer service team is available from 8 am to 9 pm Monday to Friday and 9 am to 9 pm Saturday to Sunday (AEST).

When you need a loan, we’re here to help. Applicants for any of our credit products must be at least 18 years of age at the time of their application, be a permanent resident within Australia, and currently employed. Don’t worry if your credit file isn’t as good as it could be. We understand that sometimes life just happens, and your credit history can take a few punches. We are a responsible lender, and we’ll evaluate your credit application closely, returning a loan amount and term that we believe you can comfortably afford. 

Apply online now for express loans or our flexible line of credit.

Our customers

Need a loan

Fast, fair and easy. Very happy customer. Happy to get another loan in the future from MONEYME.

Simple process, easy to follow application, quick response time and good support.

I was impressed with how easy and quick the application was. Very happy with their customer service, and the app is very convenient.


Review Stars Out of 2,701 reviews

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Transparent and
simple pricing

Interest rate

9.20 %
to 25.20 %

Comparison rate*

10.58 %
to 26.58 %

Establishment fee
(Direct applications)

$395 for loans between $5,000 and $15,000

$495 for loans between $15,001 and $50,000

Monthly fee


Loan terms

Minimum 3 years

Maximum 5 years

Early exit fees


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