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Bank of Melbourne Personal loan reviews

Overall rating
7.1/10
Price
6.8/10
Features
6.3/10
Customer service
7.4/10
Convenience
7.3/10
Trust
6.9/10
Based on 30 reviews as rated by the Mozo community.

Recent Bank of Melbourne personal loan reviews

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  • Bank of Melbourne Personal Loan review

    Overall rating   8 / 10
    Great bank.

    Good bank for personal loans.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    6 / 10
    Less
    Ashleigh, Victoria, reviewed about 2 months ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed) review

    Overall rating   8 / 10
    Good customer service.

    Most of the staff are very helpful.

    Price
    5 / 10
    Features
    7 / 10
    Customer service
    8 / 10
    Trust
    8 / 10
    Less
    Amanda, Victoria, reviewed about 2 months ago
  • Bank of Melbourne Secured Personal Loan (Fixed) review

    Overall rating   7 / 10
    They really helped us when we were struggling

    I like this bank because when we needed help we got the help we needed. The pricing is also ok.

    Price
    5 / 10
    Features
    4 / 10
    Customer service
    8 / 10
    Convenience
    9 / 10
    Trust
    8 / 10
    Less
    Alexander, Victoria, reviewed over 1 year ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed) review

    Overall rating   10 / 10
    Can't recommend them more highly

    They are great to deal with.

    Price
    6 / 10
    Features
    6 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Danny, Victoria, reviewed almost 4 years ago
  • Bank of Melbourne review

    Overall rating   7 / 10
    Good customer service

    Easy to approach and talk to about different loans

    Price
    5 / 10
    Features
    5 / 10
    Customer service
    8 / 10
    Convenience
    7 / 10
    Trust
    6 / 10
    Less
    Mark, Victoria, reviewed almost 4 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed) review

    Overall rating   10 / 10
    Good customer service

    Awesome bank.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Jason, Western Australia, reviewed about 4 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed) review

    Overall rating   10 / 10
    Good service and will go ahead

    Give it with trust and no paperwork.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Puneet, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Personal Loan review

    Overall rating   1 / 10
    Terrible

    Banked a lot of years, no customer service .

    Price
    2 / 10
    Features
    2 / 10
    Customer service
    1 / 10
    Convenience
    2 / 10
    Trust
    0 / 10
    Less
    Sue, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed) review

    Overall rating   6 / 10
    Ok ok overall

    It's good pricing but customer support is a mess. Long call times and they continuously transfer to other departments

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    4 / 10
    Convenience
    4 / 10
    Trust
    7 / 10
    Less
    Jas, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed) review

    Overall rating   10 / 10
    Awesome

    Awesome

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Jason, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed) review

    Overall rating   8 / 10
    Will always stay with this bank

    Great customer service, not waiting for hours, lovely people to deal with, Australian call centre.

    Price
    6 / 10
    Features
    6 / 10
    Customer service
    10 / 10
    Convenience
    8 / 10
    Trust
    5 / 10
    Less
    Shannan, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Personal Loan review

    Overall rating   5 / 10
    Transparency

    At first they were very helpful but when nearly to the end they will push their own products like insurances. I feel that once I did not take their offer I got given the cold shoulder.

    Price
    5 / 10
    Features
    5 / 10
    Customer service
    6 / 10
    Convenience
    4 / 10
    Trust
    4 / 10
    Less
    Roxanne, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Personal Loan review

    Overall rating   1 / 10
    Customer service quick

    The information (lack of) in paying off and closing off the loan was terrible as 4 times the loan account was NOT closed off and I was charged admin fees 3 to 4 months after the loan had been paid off. After asking 3 to 4 times if there was anything I needed to pay off and the answers given (no) each time... VERY unhappy with them.

    Price
    2 / 10
    Features
    1 / 10
    Customer service
    0 / 10
    Convenience
    4 / 10
    Trust
    0 / 10
    Less
    Trent, Victoria, reviewed over 4 years ago
  • Bank of Melbourne Personal Loan review

    Overall rating   1 / 10
    All banks are pricks

    I think all the big banks are all the same

    Price
    2 / 10
    Features
    2 / 10
    Customer service
    0 / 10
    Convenience
    1 / 10
    Trust
    0 / 10
    Less
    Thomas, , reviewed about 5 years ago
  • Bank of Melbourne Personal Loan review

    Overall rating   6 / 10
    Helpful and good

    One who helps at any stage of life and is best at my part

    Price
    4 / 10
    Features
    10 / 10
    Customer service
    5 / 10
    Convenience
    6 / 10
    Trust
    8 / 10
    Less
    Paramjit singh, , reviewed about 5 years ago
  • Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

    Personal loan comparisons on Mozo - rates updated daily

    • Low Rate Personal Loan

      interest rate
      8.00% p.a.
      comparison rate*
      8.21% p.a.based on $30,000
      over 5 years
      fees
      $150.00upfront
      and
      $0.00/month

      Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 8.00% would cost $36,647.51 including fees.

      Promoted
    • Discounted Personal Loan

      interest rate
      7.99% p.a.
      comparison rate*
      8.35% p.a.based on $30,000
      over 5 years
      fees
      $250.00upfront
      and
      $0.00/month

      Terms from 1 to 10 years. Representative example: a 5 year $30,000 loan at 7.99% would cost $36,738.90 including fees.

      Promoted
    • Unsecured Personal Loan

      interest rate
      6.79% p.a.to 14.99% p.a.
      comparison rate*
      8.83% p.a.to 17.15% p.a.based on $10,000
      over 3 years
      fees
      $299.00upfront
      and
      $0.00/month

      Terms from 1 to 5 years. Representative example: a 3 year $10,000 loan at 6.79% would cost $11,380.22 including fees.

      Promoted
    • Unsecured Personal Loan

      interest rate
      6.99% p.a.to 28.69% p.a.
      comparison rate*
      7.69% p.a.to 29.55% p.a.based on $30,000
      over 5 years
      fees
      $500.00upfront
      and
      $0.00/month

      Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 6.99% would cost $36,133.67 including fees.

      Promoted
    • Low Rate Personal Loan

      interest rate
      9.35% p.a.
      comparison rate*
      9.67% p.a.based on $30,000
      over 5 years
      fees
      $225.00upfront
      and
      $0.00/month

      Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 9.35% would cost $37,896.54 including fees.

      Promoted

    *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.

    Want more? Compare all 226 personal loans in the Mozo comparison engine.

    Compare more personal loans

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