About MONEYME
Personal loans for kicking goals
Low rates starting from 5.99% p.a. (comparison rate from 6.70% p.a.*) with money in your bank account in as little as 60 minutes.
Won't impact your credit score!
Why our customers love us
Low rates that
beat the banks
MONEYME
from 6.70% p.a.
ANZ
from 8.18% p.a.
NAB
from 8.53% p.a.
Westpac
from 9.18% p.a.
CommBank
from 9.64% p.a.
Click here for important information on comparison rates. All rates are for variable rate loans, unless noted with an asterisk (*), which indicates a fixed rate loan. Comparison excludes short-term promotional rates. Last updated 31/03/25.
Won't impact your credit score!
A personal loan built around you
Great low rates
Low rates that beat the banks. Put more money back in your pocket.
Your loan, your timeline
Choose a loan term that fits your budget. No early repayment fees.
Get a quote in minutes
See your interest rate and repayments without impacting your credit score.
Same-day loans
Fast approvals, instant transfers. Money in your account in as little as 60 minutes.
Award-winning lender
Low rates, no surprising fees
Variable interest rate
5.99
%p.a.
up to
24.49
%p.a.
Comparison rate*
6.70
%p.a.
up to
25.87
%p.a.
Won't impact your credit score!
Establishment fee
$0 - $395
Loans up to $15,000
$0 - $495
Loans above $15,001
Loan term
3 to 7 years
Our fees
$10
Monthly fee
$0
Early exit fees
*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. Rates displayed are for customers with an excellent credit history, where a $0 establishment fee applies. For other borrowers, an establishment fee of $395 or $495 will apply, based on loan amount. A $10 monthly fee applies to all personal loans. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Get a quote for a personal loan in minutes
You can check your personal loan interest rate and repayments online with an obligation-free quote. It only takes a few minutes and there's no impact on your credit score.
1Check your rate and repayments
You can get a conditional loan offer in just minutes
without impacting your credit score!
2Submit your application
Review your loan offer, accept it, and you'll get an
outcome typically within 60 minutes.
3Same-day funding
Once approved, we'll transfer the money to your bank
account immediately, even on weekends.
Won't impact your credit score!
A different kind of lender
Quick quotes, fast approvals
We cut out unnecessary paperwork and delays with lending that's fast, simple, and built around you.
Transparent and flexible
No lock in contracts, hidden fees or surprises - just flexible options that keep you in control.
Real support, real fast
Speak to a real person if you have questions, we usually answer calls in seconds.
For people and the planet
We care about our social and environmental impact, and we're proudly B Corp Certified.
Won't impact your credit score!
Personal Loan to Pay Off Credit Card
You may be wondering, ‘can I use a personal loan to pay off a credit card’? The answer is yes—if you have a large credit card debt it may be worth considering taking out a personal loan to pay off your credit card. By doing this, you have the potential to save money by reducing your interest payments, as interest rates on personal loans are generally lower than your credit card rate.
Similar to taking out personal loans for debt consolidation, as well as saving you money, getting a personal loan to pay off a credit card can also make it easier to manage your debts by having one regular monthly payment, and a variable repayment period. Having a variable repayment period will make it easier to budget and you can see light at the end of the tunnel. Getting a personal loan to pay off your credit card can be a great way to simplify your finances.
Research for the most suitable lender
Everyone’s financial situation is different, so before applying for a personal loan to pay off a credit card, it is worth doing a personal loan comparison so you can weigh up your different options. From a variable rate personal loan or a variable rate personal loan, a secured or unsecured loan and short term loans or long term personal loans, there are many alternatives to consider when choosing the best loan for you. As well as banks, there are now several online credit providers, such as MoneyMe, who offer competitive rates for personal loans, so by shopping around you can find the best deal for you.
Offering some of the most competitive interest rates in Australia, MoneyMe’s easy loans start from a super low 6.95% per annum depending on your personal circumstances. MoneyMe is fully transparent with their rates so you’ll know upfront about the cost structure and any fees and charges. Whether you need a $5,000 personal loan, a $20,000 personal loan, or a $30,000 personal loan, MoneyMe can help. We offer personal loans online of up to $50,000—and we do it fast.
Borrow money in line with your capacity to repay
It’s important to keep in mind though, that taking out a personal loan to pay off credit card debt is a way to try to make managing your finances better, so you don’t want to borrow more than you can comfortably afford to pay back. At MoneyMe, we pride ourselves on being a responsible lender. We want to make your life easier, not harder! You can use our free online personal loan calculator to help you work out how much the repayments, interest, and fees are likely to be depending on how much money you are borrowing and for how long. This will help you work out what’s affordable before going ahead.
To apply for a personal loan to pay off credit card debt at MoneyMe, you need to be over 18, an Australian resident and employed in Australia. Other criteria we take into account to determine your loan eligibility include your income, your expected living costs, and your credit history. Several factors will affect your credit scores such as how much money you’ve borrowed, whether you’ve made your past repayments on time, and the number of credit applications you have made. Everyone’s situation is different so we don’t automatically disqualify anyone who has a bad mark on their credit file. We always see to it that we look at the big picture. There will be some instances, such as if you have a poor credit history, are bankrupt, or are in a debt agreement where we won’t approve your personal loan. If your loan does get rejected, however, you are welcome to apply again in the future when your situation improves. We also like to reward our customers who make on-time payments, so if you build up a strong MoneyMe credit history, we can offer you lower costs in the future.
Quick, easy and all online
Once you’ve decided you want to take out a personal loan to pay off a credit card, you are ready to apply online. MoneyMe provides a quick and straightforward application process. You just need to let us know the amount of money you’d like to borrow, what your ideal repayment period is, and then let us know some personal information such as your bank account details and your email address. There is no longer any need to supply reams of paperwork. Our advanced technology platform means that once we have received your online application you’ll usually receive the decision about your same day loans in just a few minutes. And the good news is once your personal loan has been approved, you could have access to your money within an hour depending on who you bank with. It will take a bit longer if you apply outside business hours.
If you have any questions about taking out a personal loan to pay off a credit card, our friendly support team can help you 7 days a week via phone, email, or online. If you are looking for quick loans with no hidden fees, MoneyMe is a great choice. Contact us today and see how we can help you to better manage your finances.
Trusted by over 110,000 Aussies
Won't impact your credit score!
Purpose-driven
and responsible
At MONEYME, we're not just here to provide low rate loans - we're here to make a difference. We believe in providing smart, responsible lending that keeps you financially on track, whilst doing good for the planet.
As a Certified B CorporationTM we're big on sustainability. We hold ourselves accountable to the high standards of the B Corp movement, supporting renewable energy projects, doing our part for the community, and striving towards a greener future.
Explore our impact
*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. Rates displayed are for customers with an excellent credit history, where a $0 establishment fee applies. For other borrowers, an establishment fee of $395 or $495 will apply, based on loan amount. A $10 monthly fee applies to all personal loans. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
MONEYME acknowledges Aboriginal and Torres Strait Islander peoples as the first people and Traditional Custodians of the land and waterways throughout Australia. We recognise their continued connection to culture, community and Country, and pay our respects to Elders past and present. Learn more about our commitment here.
Our business hours
Sydney/Melbourne time
Customers
Monday - Friday
8AM-7PM
Saturday
9AM-6PM
Sunday
Closed
Partners
Monday - Friday
8AM-5PM
Saturday & Sunday
9AM-3PM
Customer support
Copyright 2025 l MoneyMe Financial Group Pty Ltd l ABN 40 163 691 236 l Australian credit licence number 442218 | Credit criteria, fees, charges, terms and conditions apply.