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!
Refinance Personal Loan
Refinancing a loan is when you take out a new loan to pay off an existing loan. It can save you money if your new loan is with a lender that has better conditions than your existing loan. You’ll still have the same level of debt if you refinance your personal loan, but you can save in other ways such as paying lower interest rates or lower fees or having longer payment terms which will reduce the amount of each monthly repayment.
Are you looking to refinance your personal loan? Sometimes by shopping around you can get a better deal on a new loan than you are currently getting on your existing loan. Or refinancing your personal loan could be a good way to consolidate your other debts and get back on top of your finances.
When can you refinance a personal loan?
There may be many reasons why it is a good time to refinance your personal loan. You may be refinancing your personal loan to save money, simplify or reduce your monthly repayments or you may want to take out a larger loan. If your goal is to save money, you may be able to find a personal loan with a much lower interest rate, especially if your credit score has improved since you first took out your loan. Or you may want to have more certainty around your repayments and switch to a variable interest rate. And if you are struggling to meet your repayments each month, you may want to take out a new loan with a longer repayment term so you can lower your regular payments.
Can I refinance a personal loan with the same lender?
You may be wondering whether you can refinance your personal loan with your current bank or lender. In some cases, a lender won’t refinance your existing loan and there may be exit fees if you pay off your loan early. However if your current lender is offering better conditions to new customers, or you find better rates with competitors you could try negotiating a lower interest rate with your current lender. Thankfully some lenders, such as MoneyMe, don’t charge early termination fees so you have more flexibility. Through the user-friendly Member’s Area, you can have a personal dashboard to manage your loans, make extra repayments, or even payout your loan ahead of time in full if you’d like to.
Does refinancing a personal loan hurt your credit score?
How refinancing a personal loan will affect your credit score will depend on your specific circumstances. For example, if you’re taking out a new personal loan for debt consolidation it could actually help your credit score in the long term. This is because you’ll have fewer accounts that have outstanding balances. Your credit score has a lot to do with whether you make your repayments on time. Obviously, if you refinance your personal loan and then default on this new loan it will hurt your credit score. If you make multiple applications for new loans this can also harm your credit score. Even if your credit score does take a slight hit, it is likely to recover if you make the repayments on your new loan on time. The initial slight drop in your credit score may be worth it if refinancing your personal loan saves you money or if it means making the repayments will be easier and it will prevent you from defaulting on your loan.
How often can you refinance a personal loan?
Should you refinance your personal loan every time you find a better deal? Even though it may be possible to refinance your personal loan many times, it doesn’t mean it is always a good idea as your credit score may go down slightly every time you take out a new loan. Although your credit score will recover relatively quickly if you make your repayments on time, if you refinance too many times over a short period you may find it will harm your ability to refinance in the future. This is why it’s essential to weigh up your different options. Also, refinancing does come with a cost. You’ll need to factor in any fees such as application fees, establishment fees, or any ongoing fees, and some lenders also charge an early repayment fee. Before refinancing, you will need to compare the costs and decide the best alternative for you.
If you are thinking about refinancing your loan, MoneyMe offers low rate personal loans with simple repayments, and depending on your financial situation you can borrow anywhere from $5,000 to $50,000. So whether you need a $5,000 personal loan or a $30,000 personal loan, with our simple application process you can apply for personal loans online.
MoneyMe provides quick loans without all the complicated paperwork. Our interest rates will be tailored to your credit profile and history but you’ll find we have some of the most competitive personal loan rates in Australia. MoneyMe provides 100% online loans but our support team is still available to help you refinance your personal loan. You can contact us 7 days a week on 1300 072 042, send us an email at hello@moneyme.com.au or get in touch via LiveChat. Apply for one of our easy loans today and you may be surprised how much money you can save!
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.