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Personal loan / Car loan

Alex gets me
on the road in no time

With personalised rates from

4.99%

Excellent Credit
Fixed & Comparison Rate*
Apply now
InfoChoice Personal Loan Award 2021
Money Magazine Personal Lender of the Year award
Canstar Outstanding Value Personal Loan award
RateCity Gold Award 2021 - Excellent Credit Personal Loan
Mozo Experts Choice 2021 & 2022
Finder finalist 2020 & 2021 - Personal Loan (risk based) award

Already awarded by Australia’s leading comparison sites

See all of our awards

Car loan

Car loan

Alex gets me a new set of wheels

Our unsecured, personalised rate, award-winning personal loan really goes the extra mile

Why a personal loan?

Personal loans have come a long way. With more flexibility and personalised interest rates, you can get fast and easy access to finance to get more of what you really care about – like getting a vehicle that suits your needs, budget and lifestyle.
Unsecured personal loans offer flexibility by not being tied to the asset, meaning you can fund large purchases without needing an asset for security (like a car or house). From homeowners installing solar to parents funding private school fees, everyone’s need for a personal loan will depend on their goals and situation.
Apply now
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“…I have to say, I am thoroughly impressed by how smooth and prompt everything was. A lot of transparency, no hidden fees and got the exact rate I was after.”

Denise, ProductReview
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“Everything worked really quickly and as expected. The funds were in my account within 2 hours.”

Alhana, QLD
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“It was really good that my personal loan rate was personalised to my history and was fair to me.”

Brooke, VIC
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“The application process was simple, quick and easy.”

Pat, NT
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“It was great that I didn’t have to jump through hoops for my personal loan application.”

Timothy, QLD
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“I honestly thought the personal loan process was really great and happened really quickly.”

Grace, NSW
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93% of our customers would recommend an Alex Personal Loan

Alex Customer Survey - 2021
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It was quick, hassle free and straightforward. The Customer Service team responds right away and are very helpful and easy to deal with.

Silva
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I have nothing but praise for Alex and the way my application was dealt with and processed. Great to deal with.

Simon
“

Fantastic service, easy to use website, support was available when I needed it... Every step of the process was simple & fast. I received the loan within a few days of submission.

Michelle

Why take out a personal loan with Alex

Our award-winning personal loan is awarded by Australia’s leading money experts and comparison sites and offers you a competitive rate, customised to your situation. With Alex Bank, you can enjoy no ongoing or early repayment fees and the entire application process can be done online. There’s no hidden fees, no paperwork and no worries.
You can get what you want sooner rather than later, with fixed interest (and therefore fixed repayments) over a loan term that suits your situation.
No fees icon

No ongoing fees

No reoccurring or hidden fees, unless you miss a payment.
Paperless icon

We’re paperless

The whole process is paperless, including live credit and ID checks.
No payouts icon

No early payout fee

Make extra repayments as you like with no fees to pay out your balance early.
No worries icon

No worries

Our systems are secured with bank-grade encryption to ensure your personal information is safe.
Apply now

Build your car loan

Get an estimate of how much you would repay by adjusting the loan amount and term below.
Fast icon
It only takes 5 minutes
$0 establishment fee^
Personalised icon
Personalised rates from 4.99%
(comparison rate 4.99%*)
Borrow icon
Borrow $2,100 – $30,000
Repayment icon
Flexible repayment terms
6 months – 5 years

What you need to apply for a personal loan

Over the age of 18 years old
Be receiving regular income
Haven’t been bankrupt
Be an Australian Citizen /
Permanent Resident

Car loan repayment calculator

Alex Personal Loan Calculator 2.0.0

How it works

Simple icon

Calculate your repayments

Use our repayment calculator to get an idea of your interest rate and repayments.

Fast icon

Apply online in minutes

Our application is fast and easy to navigate. This entire process is online – including ID verification and uploading your bank statements.

Get your outcome

We aim to review your application and get back to you with an outcome within one business day.

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Finalise your application

Once approved, we will send you a contract over email. If you’re happy to proceed simply sign and return.

Deposit icon

Get your funds!

We release the funds to you usually within one business day.

Apply now

We’re here to help

We’re a digital bank with real humans ready to help.
Chat with our team, email us at hello@alex.bank
or phone us on 1300 738 453
Contact Us

Important information

Personal Loan Disclaimer
Terms, conditions, fees and charges apply and will be included in our loan offer. Applications for finance are subject to credit approval.
Alex personal loans are available for a minimum of 6 months to a maximum of 5 years. Interest rates range from 4.99% for borrowers with an excellent credit history, to a maximum Annual Percentage Rate (APR) 14.99% p.a. (comparison rate* 4.99% to 14.99% p.a.). Representative example: based on an unsecured personal loan with an interest rate of 4.99% p.a. (comparison rate* 4.99% p.a.), the total repayments of a loan for $30,000 over a 5 year term would be $33,959.97 (including an establishment fee of $0).
^Alex’s standard establishment fee of $295 will be waived for all applications fully submitted between 26 February 2021 and 8 December 2021. This offer is not transferable and subject to our assessment and suitability.
*Comparison rate based on $30,000 unsecured loan amount and 5-year loan term. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. 
The target market determination for our personal loan can be found here.