Bank of Melbourne car loans

3.6
Based on 22 Bank of Melbourne car loan product reviews.
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Thinking of buying a shiny new or preloved vehicle with a Bank of Melbourne car loan? Whether you’re aiming for a low, competitive rate or more wiggle room, one of these two secured car loans detailed below could be your borrowing match. Scroll down and learn more....

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Last updated 30 October 2024 Important disclosures and comparison rate warning*

Bank of Melbourne car loans

  • Unsecured Personal Loan

    • Fixed
    Interest rate from
    7.49 % p.a.
    to
    20.59 % p.a.
    Comparison rate from
    8.54 % p.a.
    to
    21.59 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $250.00
    Link not supplied

  • Secured Personal Loan

    • Fixed
    Interest rate from
    6.49 % p.a.
    to
    12.99 % p.a.
    Comparison rate from
    7.69 % p.a.
    to
    14.14 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $250.00
    Link not supplied

  • Unsecured Personal Loan

    • Variable
    Interest rate from
    7.49 % p.a.
    to
    20.59 % p.a.
    Comparison rate from
    8.54 % p.a.
    to
    21.59 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $250.00
    Link not supplied

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Bank of Melbourne car loan ratings

Overall customer rating for Bank of Melbourne car loans

3.6
Based on 22 product reviews.

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* WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

^See information about the Mozo Experts Choice Personal Loan Awards

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