personal loans

View all personal loan interest rates and fees.

effective 01/07/14

type of loanannual percentage ratecomparison rate*
Home Improvements Personal Loan 8.64%p.a. 9.67%p.a.*
Home Improvements Personal Loan - sustainable purpose 8.14%p.a.  9.17%p.a.* 
Lifestyle Personal Loan - for property owners 9.64%p.a. 10.68%p.a.*
Lifestyle Personal Loan 12.64%p.a.  13.70%p.a.* 
Overdraft 13.14%p.a.  

*Read personal and car loans significant terms and conditions


back to listing
borrowing rate schedules
Loan Rates Schedule v146 (PDF 85.1 KB)
Loan Fee Schedule V06 (PDF 79.9 KB)

interest rates & fees

To find out the different rates, fees and charges associated with our products, select from the below categories and click on your desired product to view the rates and fees.


view all rates

view all fees

savings & investments

view all rates

view all fees

free transactions

The following is a list of free services that bankmecu offer:

  • 24 hour Internet Banking access
  • BPAY® payments
  • automatic transfers between bankmecu accounts
  • over the counter cash deposits (personal accounts only)
  • over the counter cheque deposits (personal accounts only)
  • Bank@Post deposits
  • direct credits
  • no account keeping fees
  • redraw 

maximise your transaction fee rewards

Did you know that by maximising your customer support level, you also increase the monthly transaction  fee rewards that you receive with bankmecu ? The following are our tips to avoid and minimise transaction fees and charges:

  • Try to withdraw enough cash in one transaction to meet your weekly cash requirements rather than numerous withdrawals.
  • Use rediATMs to withdraw cash.
  • Use EFTPOS for withdrawing cash at the same time as you make a purchase. Most merchants allow this and will enable you to make one transaction instead of two.
  • Maximise your customer support level by borrowing and saving with bankmecu rather than elsewhere.
  • Use Internet or Telephone Banking and BPAY to pay your bills rather than by cash or cheque. Service providers such as telephone, electricity, gas and water companies all offer payment by BPAY.
  • Use low-cost or free transactions where possible.
  • Familiarise yourself with the customer support level that applies to you, the transaction fee reward you receive and the fees associated with any regular transactions you make.
  • If you have more than one bankmecu customer number, consider consolidating your accounts under one customer number. This could increase your customer support level and in turn increase your monthly reward.
  • VISA debit card transactions are free when you select CR instead of SAV or CHQ (available at most merchants, excluding Woolworths)
  • Our award-winning Low Rate VISA card will allow you to avoid transaction fees AND help the environment at the same time.

Find out more about our transaction fee rewards for customers.