MOVE Bank personal loans

MOVE Bank's overall rating for personal loans

(as rated by the Mozo community)

6.3 / 10

based on 3 reviews

MOVE Bank offers a range of personal loan packages available to suit different consumers’ needs. These include loans such as the unsecured flexi personal credit loan and car loans through to unsecured personal loans. You can check out the various types of loans below for an overview of their interest rates, fees and more. Or compare with our personal loan comparison tools.

MOVE Bank offers the following personal loans

Rates and fees verified as correct at 13 July, 2020. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee

10.69% p.a.

10.97% p.a.based on $30,000
over 5 years


12.29% p.a.



4.89% p.a.

5.16% p.a.based on $30,000
over 5 years


13.74% p.a.

14.81% p.a.based on $10,000
over 3 years


8.97% p.a.

9.99% p.a.based on $10,000
over 3 years


*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. WARNING: 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.

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What personal loans do MOVE Bank offer? 

Unsecured Flexi Personal Credit

The Unsecured Flexi Personal Credit from MOVE Bank is great for people who need money in emergencies or when there are unexpected expenses to pay for and you don’t want to use a credit card. The loan has an interest rate from 12.29%, and while there is a $100 application fee and $5 service fee, there is no early repayment, late payment or exit fees associated with the loan. You can also borrow from $2000 up to $50,000 for a period of 1-7 years with the flexibility to pay back your amount either in weekly, fortnightly or monthly instalments, and reduce the amount outstanding by making extra repayments or redrawing more money as you need it.

New Car loans

If you're shopping for a car, MOVE Bank offers competitive new car loans from a variable rate of 8.89%. And while there is an upfront fee of $100 during sign up, there are no service, late payment or exit fees. With this car loan, you can  borrow from $10,000 up to $75,000 and choose your loan term from 1 to 7 years. This loan has the option to make early repayments without a penalty and the flexibility to pay either weekly, fortnightly or monthly. It also comes with a redraw facility and lets you make any extra repayments to pay off your loan quicker.

Used Car loans  

If you prefer to purchase a used car, MOVE Bank offers used car loans from a variable rate of 10.69% for a period of 1-7 years. You can also borrow a minimum of $10,000 up to $75,000 with the flexibility of repaying either weekly, fortnightly or monthly. The loan also includes a redraw facility as well as the option for making extra repayments, so if you come into some extra cash you can pay back your amount faster without incurring a penalty. Fortunately there are also no service, late payment or exit fees and just a $100 application fee during sign up.

Unsecured Personal loans

The unsecured personal loan from MOVE Bank lets you use the loan to fund a range of expenses from travel through to renovations for your new home. The personal loan has a variable interest starting at 13.74%, and while there is a $100 upfront fee for taking out a loan, there are no ongoing service, late payment or exit fees. The loan comes with the flexibility of letting you borrow from $2000 up to $75,000 for 1-7 years and you can repay the amount owing either weekly, fortnightly or monthly. You can also make any extra repayments without penalty or draw on any additional or lump sum payments with MOVE Bank's unsecured personal loan.

MOVE Bank personal loan features at a glance

Flexible repayment cycles: With Move’s personal loans you can choose to repay your loan as frequently as weekly, fortnightly or monthly.

Extra repayments facility: Unlimited additional payments are available with all of MOVE Bank's personal loans without penalty.

Redraw facility: Banking with MOVE Bank gives you the freedom to draw upon any additional or lump sum payments you have already made on your personal loan to pay for unexpected costs down the track.

How are MOV Bank personal loan products rated?

If you’d like to know more about MOVE Bank or find out if this provider could be right for you, then read our customer reviews here for more info.

How do you apply for a MOVE Bank personal loan?

If any of Move’s personal loans are right for you, you can easily complete your online application within 5 minutes by providing yours and/or your spouse’s:

  1. Personal details
  2. Information of your assets and debts you have owing
  3. Last two payslips of your total income

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