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Get an estimate of how much your payments could be by adjusting the loan amount and loan term below. We’ll give you an indicative view of what your personalised rate might be based on your credit position.

Frequently asked questions

  • How is my personalised rate determined?

    Rates are personalised depending on your credit history, financial circumstances and how much you are looking to borrow over what time. Take a look at our easy to use Loan Calculator to estimate your rate.

  • Does Alex Bank accept joint Personal Loan applications?

    No, at this stage we only accept applications in individual names.

  • Can I apply if I don’t have suitable ID?

    No, we must be able to identify you with an Australian Driver’s Licence or Australian Passport for our online ID systems to identify you securely.

  • Are there any fees?

    We’ve made our personal loan as fair as possible with no upfront, ongoing or early repayment fees. Check out all the fees we won't hit you with.

    • $0 establishment fees

    • $0 monthly account fees

    • $0 early repayment fees

    • $0 late payment fees

    See our credit fee guide for more information.

  • How often can I pay off my loan?

    We’re flexible. You can make weekly, fortnightly or monthly payments. You can also pay out your entire loan amount at any time without any extra fees. We won’t penalise you for getting ahead!

How do our rates work?

Life isn’t one size fits all, and neither is your financial position. That’s why our Personal Loan rates are personalised.

Learn more about us

We’re a digital-first bank passionate about building the future of banking in Australia.