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MoneyMe’s Freestyle line of credit comes with a virtual card located on your smartphone, with credit card-like features. This allows you to borrow anywhere between $1,000 and $20,000 and access it instantly from your mobile device. You can tap and pay for purchases in-store or shop online anywhere MasterCard is accepted. MoneyMe's Freestyle Virtual Credit Account comes with up to 55 days interest free on purchases, but interest rates are typically high, starting from 14.99% p.a. Monthly and annual fees also apply.
From 14.99% (variable)
Interest Rate (p.a.)
$1,000
Min Loan Amount
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Product Name | MoneyMe Freestyle The Virtual Credit Account |
---|---|
Interest Rate (p.a.) | From 14.99% (variable) |
Interest Rate Type | Variable |
Min Loan Amount | $1,000 |
Max. Loan Amount | $20,000 |
MoneyMe's line of credit, or Freestyle Virtual Credit Account, is available for $1,000 - $20,000 to eligible applicants and comes in the form of a revolving line of credit which is accessible instantly from your smartphone. This means that borrowers can pay for purchases directly from their accessible funds both in-store via Apple Pay and Google Pay or online using their virtual card details, anywhere MasterCard is accepted. You can also transfer funds directly to your bank account. Transferring funds to your personal account can take as little as 1 hour for the major banks, and up to 1 business day for smaller banks. In addition to this, you'll soon be able to transfer funds directly to other people.
MoneyMe's line of credit also comes with up to 55 days interest free on purchases made with your virtual card, which is a bit like a regular credit card but it's accessible straight from your phone.
MoneyMe prides itself on providing some of the fastest forms of finance around. Applications are quick and straightforward, and if you're approved, you can access your funds instantly.
There are a number of features on offer with this loan product:
There are a number of fees and costs involved in MoneyMe's line of credit loan:
If you're ready to apply for a MoneyMe line of credit, simply click "Go to site" to visit the lender's website and fill out its online application form. Before applying, please ensure that you meet the basic eligibility criteria. Applicants must be:
Before applying for a personal line of credit, it's always a good idea to compare your line of credit options. Comparing them helps ensure that you get the best possible deal for your circumstances.