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Personal Loans
Get an award-winning low rate unsecured personal loan with no upfront, ongoing or early repayment fees.
Our personal loan is awarded by Australia's leading comparison sites. See all of our awards
Fixed & Comparison rate*
Rate based on an outstanding credit rating and financial position. Learn more
We've ditched the fees to give you a better deal! Enjoy no upfront, ongoing or early repayment fees.
Get speed service! Apply in just 5 minutes and get a decision outcome in one business day.
Our fixed interest rates are risk-based, meaning the better your credit history, the better your interest rate.
To get started use our repayment calculator. Select your loan purpose, credit situation and loan requirements.
Gather your ID and financial details to complete our quick 5 minute application form.
You'll be prompted to perform a digital ID check with a photo of your ID and headshot. It's as easy as a selfie!
Connect to digitally send us 90-days of transactions quickly and securely via our bank statements retrieval feature, powered by illion.
Once you've completed your application, we won't keep you waiting. You'll know your application outcome in as little as one business day. If approved, and once your loan contract has been signed - we'll send the funds to your designated account.
That's right. we've scrapped the fees to give you a fairer go when it comes to your personal loan.
$0 - Establishment fees
$0 - Monthly account fees
$0 - Early repayment fees
$0 - Late payment fees
An unsecured personal loan offers flexibility by not being tied to an asset, meaning you can fund purchases without needing an asset for security (such as a car or house).
Our guide to personal loans
We know that everyone's wants and needs are different. That's why our personal loans can be used for a variety of reasons. Borrow between $2,100 - $30,000 and access flexible repayment terms between 6 months to 5 years.
Dreaming of a new or second hand car? Get on the road sooner with an Alex Bank personal loan.
Sick of your old kitchen or bathroom? Realise your home reno aspirations sooner with an Alex Bank personal loan.
Got a large purchase on your list you need help funding? Whether it's a boat, caravan, motorbike, wedding, new puppy or travel we've got an option for you.
Looking to be more eco-friendly? You could use our personal loan to invest in solar panels, solar hot water systems, solar batteries, electric vehicle charging stations and more.
Thinking about your next trip? Our personal loans can help get you there and turn your dreams into reality.
Whether unexpected or planned, take the stress out of medical and dental expenses with an Alex Bank personal loan.
Need help getting ahead? Our personal loan could help you cover out of pocket education and study costs.
Juggling too many debts? You could streamline your debts into a single manageable repayment with a debt consolidation personal loan.
Get a competitive rate, and flexible repayment options with our award-winning unsecured personal loan.
Our customers rate their overall experience with Alex Bank a 4.6/5!
Based on an Alex Bank internal customer survey May 2022.
A secured personal loan can offer you a lower interest rate and higher borrowing amounts when compared with an unsecured personal loan. To secure this rate, you'll need to provide collateral such as a car to back the loan.
We’ll release more details about our Secured Personal Loan soon, so watch this space!
