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Types of loans

MoneySpot offers two products, both entirely online: a small amount loan for a short gap, and a medium amount loan for a larger expense repaid over a longer term.

What a MoneySpot loan costs

We keep it simple and charge flat fees.

MACC

Unsecured Medium Amount Credit Contract

Loan amounts
Up to $5,000
Minimum term
63 days
Maximum term
No maximum term published
Maximum annual percentage rate (interest)
48% p.a.
Establishment fee
$400
Failed payment fee
$35, payable each time a scheduled repayment is dishonoured
Account-keeping and other regular fees
None
Loans of $5,000
Available to returning customers with a good repayment history

Representative example

By way of example, a loan of $3000 over a 3-month period would have an establishment fee of $400 and interest charges of $275.60. The total repayable is therefore: $3000+$400+$275.60=$3675.60. Your monthly repayment amount is therefore $1,225.20.

SACC

Small Amount Credit Contract

Loan amounts
$2,000 or less
Maximum term
90 days
Interest
None. Nominal percentage rate 0%.
Establishment fee
20% of the amount borrowed
Monthly fee
4% of the amount borrowed

Worked example

By way of example, a loan of $500 over a 3 month period would have an establishment fee of $100 and a monthly fee of $20 each month ie: total monthly fees of $60. The total repayable is therefore: $500+$100+$60=$660. Your monthly repayment amount is therefore $220 per month.

In certain circumstances, other fees may apply.

Read about other fees

*The comparison rate is 65.4962% p.a., calculated on a $2,500 loan over 2 years.

Note: this comparison and term is prescribed to be used as an example under Australian law (National Consumer Credit Protection Regulations 2010 (Cth) Reg 97). Moneyspot does not offer loans over a 2-year term.

WARNING: This comparison rate is 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. (Reg 99(4))

Limits

Amounts and terms at a glance

The limits that apply across our products. The exact fees, repayments and total repayable for your loan are set out in full in your credit contract before you sign.

Product limits and rates
Amount$200 – $5,000
Term3 – 24 months
Rate range0% – 48%
Representative rateto be confirmed
Figures current as of2026-09-09
How the application works

Also known as

Other names for these loans

Different words, the same two credit contracts. Each page explains what the name means and which contract it maps to.

Situations

What people use these loans for

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Moneyspot

MoneySpot offers small and medium amount loans of $200 to $5,000, funded online in as little as an hour. ASIC regulated, AFCA member.

MoneySpot Finance Pty Ltd, ACN 166 488 197, Australian Credit Licence 450305. Member of the Australian Financial Complaints Authority (AFCA).

Representative example: borrow $200 over 3 months at to be confirmed p.a. Fees and the total repayable are disclosed before you apply, final wording pending compliance sign-off.[to be confirmed, awaiting sign-off]

MoneySpot Finance Pty Ltd holds Australian Credit Licence 450305. All applications are subject to assessment and approval. Our loans are Small Amount Credit Contracts and Medium Amount Credit Contracts as defined under the National Consumer Credit Protection Act 2009. All fees, charges and repayment terms are set out in full in your credit contract before you sign.

*The comparison rate is 65.4962% p.a., calculated on a $2,500 loan over 2 years.

Note: this comparison and term is prescribed to be used as an example under Australian law (National Consumer Credit Protection Regulations 2010 (Cth) Reg 97). Moneyspot does not offer loans over a 2-year term.

WARNING: This comparison rate is 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. (Reg 99(4))

Figures current as of 2026-09-09. © 2026 MoneySpot Finance Pty Ltd.

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