Bank of Melbourne Low rate card – loan application

5.0 / 5
Maximum amount $4,000
Interest from 13.99%
Term 1 – 30 months
Approval in 24 hours

Screenshot of https://www.bankofmelbourne.com.au website.

Bank of Melbourne Low rate card website screenshot

Contact

CompanyBank of Melbourne Ltd
Address52 Collins St, Melbourne VIC 3000

Representative example

Loan amount$2,250
Term30 months
Interest from13.99%
Monthly repayment$89
Total interest cost$429
Total amount payable$2,679

* This is an indicative example only. Actual rates and fees are set by the lender at approval.

Quick overview

Loan amount$500 – $4,000
Term1 – 30 months
Interest from13.99%
Approval24 hours
Eligibility24 hours
Online applicationYes

Loan requirements

  • ✓ 18 years or older
  • ✓ A permanent resident of Australia or hold a relevant work visa
  • ✓ Not currently bankrupt
  • ✓ Employed, or a self-funded retiree

Loan features

  • Bank of Melbourne Low rate card up to $4 000
  • Term 1 - 30 months
  • Up to 55 days interest-free