Rating based on 26 reviews

ME Bank

  • Personal loans up to $50,000
  • Low-interest starting from 8.87%
  • Repayment up to 7 years

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ME Bank homepage
Author ME Bank. Screenshot of ME Bank website.
[Accessed May 24, 2023]

About ME Bank

ME Bank extends personal loans for a host of reasons and their website is well presented with smart assistance and a great sense of humour.

Any Australian 18 years and older with a good credit rating can apply for a personal loan within a highly flexible framework of amounts and repayment terms.

Our history

Founded in 1994 and licensed in 2001, ME Bank has always had the benefit of the financial and marketing savvy of its founders, mostly established players in the financial services industry.

ME Bank shines online as one of the few among thousands who manage to offer a simple and engaging interaction that services its clients’ needs with witty and logical content.

Our approach to banking

Adopting an unusual model of “direct banking” with mobile managers and online & telephonic facilities, ME Bank’s approach has proved to be successfully versatile and welcomed by the market. The absence of a network of land-based outlets has enabled ME Bank to concentrate on a smart and sleek online presence.

ME Bank Services

The online loan application process is initially accompanied by valuable information, capably succinct yet also pertinent.

The pre-application apps include a repayment calculator and a simple list of requirements for anyone applying for a loan. Personal loans range from $5,00 to $50,000 and repayments can stretch from a year up to seven years.

Application fees

Although the loan structure does indeed preclude any hidden fees, there is a once-off $250 payment required to process the loan.

Generous repayment terms

Since most people logging on to apply for a loan are unlikely to welcome a request for payment, this does jar on some but is capably offset by the transparency involved and also the generous repayment terms.

ME Bank’s interest rate offer is not necessarily the lowest on offer, but clients have some leeway to negotiate a better rate. Loan applications are accompanied by the offer to open a personal transactional account and the entire process is unobtrusive and efficient.

The quick loan application ends with the production of a receipt with all relevant details clearly and unambiguously documented.

ME Bank – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 8.87%
  • Loan Amount up to $50,000
  • Repayment 12 months to 7 years

Benefits of ME Bank

  • Interest rates from 8.87%
  • Affordable personal loans up to $50,000
  • Quick online loan applications
  • Get a loan term up to 7 years

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

ME Bank simplifies and engages with its online offer

Fast loans from ME Bank are unsecured and although clients are asked to identify for what purpose the loan is required, this is for statistical information purposes and does not prejudice anyone who meets the basic criteria for lending.

We offer 24/7 services

One of the appealing features of lending from ME Bank is the fact that the service is on offer 24/7 online and applications take two days to finalise.

Although not the fastest turnaround time among online Australian lenders, this again is offset by the fact that the loan is unsecured and usually a done deal if one meets the elementary requirements.

No penalty for early repayment

There is no penalty for early repayment and, indeed, ME Bank clients can utilise a personal loan for bridging finance and repay within the first fortnight without penalty. Although business expenses, utility bills and the taxman are precluded reasons for a loan, there are very few others and ME bank goes some way to define the term “personal” loan.

Applying for the first time?

Agents are easily accessible by phone and can assist with the online process and also clarify salient points for potential lenders logging on for the first time. Few other companies offering personal loans exceed such a detailed yet concise online facility and the model ME Bank have opted for is a successful interpretation of the needs of modern consumers.

Whether you would like to go on a well-deserved family vacation, consolidate some debt or do some long-overdue home renovations we can be of assistance. ME Bank can provide you with the boost that you need to get exactly what you want out of your money.

man holding thumbs up

ME Bank is a trusted & reliable provider of personal loans

In our review, ME Bank adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.

✅ ME Bank is a registered credit provider in Australia: ACL 229500.

Customer Reviews & Testimonials

October 2018

Thanks to ME Bank I was able to regain control of my debt without a mountain of paperwork and stress. Thanks for putting me first always!

Duncan M
— Brisbane —

January 2019

I was previously turned away by many financial institutions but ME Bank gave me the chance that I was waiting for. Thank you for the opportunity of a lifetime!

Daisy P
— Melbourne —

ME Bank Contact

Contact Number


  • not available


Physical Address

Postal Address

  • PO Box 1345, Melbourne, 3001, Australia

Opening Hours

  • not available