MyRate All-in-one

MyRate
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Comparison rate p.a.
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Moneybuddy says

A line of credit loan from MyRate with a competitive rate and the trademark "no fees" feature. A nil interest Visa card is included too - great for consolidating your debt in the process.

The Basics

Max LVR -

Interest type Variable rate

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Comparison rate p.a. -

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The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable Yes

Line of credit available Yes

Product suits Owner - Occupier

The Facts & Figures

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Early repayments Yes

Redraw facility Yes

Repayment holiday No

Ability to split loan Yes

Extra repayments Yes

Offset account available No

Interest only payments Yes

The ugly stuff: fees

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Comparison Rate Disclaimer -

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

MyRate says

A low-rate fully-flexible loan package that allows you to consolidate your debts and minimize interest costs.It combines a nil interest Visa card (NIVA), no fixed loan term and interest-only minimum repayments.

Key features

  • Low rate
  • No upfront fees
  • No ongoing fees
  • Securely funded by ING
  • * Day Approval Guarantee

Pros

  • Low rate
  • No fees
  • * day approval
  • Nil interest Visa card
 

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