Bank of Melbourne logo

Bank of Melbourne Personal loan reviews

Overall rating
Price
Features
Customer service
Convenience
Trust
Based on 32 personal loan reviews as rated by the Mozo community.

Recent Bank of Melbourne personal loan customer reviews

Sort reviews by: date | star rating
  • Bank of Melbourne Unsecured Personal Loan (Fixed)

    Bank of Melbourne Ivanhoe is fantastic.

    The Bank of Melbourne Ivanhoe branch just fabulous. Wonderful staff at this lovely branch. Took out personal loan and they were very helpful. Moving other accounts to this bank now as they are great to deal with.

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Lucinda, Victoria, reviewed 11 months ago
  • Bank of Melbourne Personal Loan

    Great way to keep a personal loan

    Very simple and worth my time.

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Daniel, Victoria, reviewed over 1 year ago
  • Bank of Melbourne Personal Loan

    Great bank.

    Good bank for personal loans.

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Ashleigh, Victoria, reviewed almost 2 years ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed)

    Good customer service.

    Most of the staff are very helpful.

    Price
    Features
    Customer service
    Trust
    Less
    Amanda, Victoria, reviewed almost 2 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed)

    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
    Features
    Customer service
    Convenience
    Trust
    Less
    Alexander, Victoria, reviewed about 3 years ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed)

    Can't recommend them more highly

    They are great to deal with.

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Danny, Victoria, reviewed over 5 years ago
  • Bank of Melbourne

    Good customer service

    Easy to approach and talk to about different loans

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Mark, Victoria, reviewed over 5 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed)

    Good customer service

    Awesome bank.

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Jason, Western Australia, reviewed almost 6 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed)

    Good service and will go ahead

    Give it with trust and no paperwork.

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Puneet, Victoria, reviewed about 6 years ago
  • Bank of Melbourne Personal Loan

    Terrible

    Banked a lot of years, no customer service .

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Sue, Victoria, reviewed over 6 years ago
  • Bank of Melbourne Secured Personal Loan (Fixed)

    Ok ok overall

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

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Jas, Victoria, reviewed over 6 years ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed)

    Awesome

    Awesome

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Jason, Victoria, reviewed over 6 years ago
  • Bank of Melbourne Unsecured Personal Loan (Fixed)

    Will always stay with this bank

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

    Price
    Features
    Customer service
    Convenience
    Trust
    Less
    Shannan, Victoria, reviewed over 6 years ago
  • Bank of Melbourne Personal Loan

    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
    Features
    Customer service
    Convenience
    Trust
    Less
    Roxanne, Victoria, reviewed over 6 years ago
  • Bank of Melbourne Personal Loan

    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
    Features
    Customer service
    Convenience
    Trust
    Less
    Trent, Victoria, reviewed over 6 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

    • Personal Loan

      interest rate
      4.99% p.a.to 19.99% p.a.
      comparison rate
      4.99% p.a.to 19.99% p.a.based on $30,000
      over 5 years

      Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 4.99% would cost $33,959.97 including fees.

      Promoted
    • Personal Loan

      interest rate
      6.39% p.a.to 7.49% p.a.
      comparison rate
      6.39% p.a.to 8.19% p.a.based on $30,000
      over 5 years

      Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 6.39% would cost $35,126.40 including fees.

      Promoted
    • Low Rate Personal Loan

      interest rate
      5.45% p.a.to 8.48% p.a.
      comparison rate
      6.07% p.a.to 8.84% p.a.based on $30,000
      over 5 years

      Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.45% would cost $34,590.57 including fees.

      Promoted
    • Unsecured Personal Loan

      interest rate
      5.35% p.a.to 19.09% p.a.
      comparison rate
      6.14% p.a.to 19.99% p.a.based on $30,000
      over 5 years

      Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 5.35% would cost $34,832.61 including fees.

      Promoted
    • Unsecured Personal Loan

      interest rate
      5.95% p.a.to 10.49% p.a.
      comparison rate
      5.95% p.a.to 12.83% p.a.based on $10,000
      over 3 years

      Terms from 2 to 5 years. Representative example: a 3 year $10,000 loan at 5.95% would cost $10,943.74 including fees.

      Promoted

    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.

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

    Compare more personal loans

    About Mozo community reviews

    Mozo gives you the inside story on the best banking, energy and insurance products as rated by thousands of real customers around Australia. We don't make subjective judgments, nor do advertisers influence our ratings. Although our reviews may be moderated to improve quality standards, they are moderated independently of any of Mozo’s commercial relationships.