ME Bank Credit Card – loan
Credit card
Loan amount
$1,000 – $10,000
Interest from
11.99%
Term
1 – 12 months
Approval
15 minutes
Applying does not commit you to a contract.
Properties of this loan
- Credit card
- Interest-free period up to 55 days
ME Bank (ME, originally "Members Equity Bank") was founded by Australian industry superannuation funds and has since been acquired by the Bank of Queensland (BOQ) Group, offering a low-fee, straightforward credit card without a large rewards program.
✓ Pros
- Straightforward, low-fee card structure
- Backed by the BOQ Group since acquisition
- Fast indicative online decision
- No large annual fee typical of premium rewards cards
✗ Cons
- No rewards points program
- Fewer branches than a traditional bank (digital-first servicing)
- Interest still applies on any balance not cleared each period
How to apply
- Apply for your card
- Wait for approval
- Get the card
Loan requirements
- ✓ 18 years or older
- ✓ Australian resident for tax purposes
- ✓ Regular income
- ✓ Satisfactory credit check
- ✓ No current default or bankruptcy in some cases
Frequently asked questions
15 minutes
The minimum loan amount at ME Bank Credit Card is $1,000.
About Members Equity Bank Limited
| Company | Members Equity Bank Limited |
|---|---|
| Address | Level 28/360 Elizabeth St, Melbourne VIC 3004 |
| Website | https://www.mebank.com.au |