Alex gets me
easy home improvements

With personalised rates from


Comparison rate


Apply now

Already awarded by Australia’s leading comparison sites


Home improvements

Alex gets me one step closer to my dream home

Fast-track your home renovations with a home improvement loan from Alex

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 started on your home renovation sooner rather than later.

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

Alhana, QLD

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

Brooke, VIC

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

Pat, NT

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

Timothy, QLD

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

Grace, NSW

93% of our customers would recommend an Alex Personal Loan

Alex Customer Survey - Jan 2021

Why borrow with Alex

Our award-winning personal loan gives you a competitive rate, customised to your situation with no hidden fees and no worries.
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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.
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No worries

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

Build your personal loan

Get an estimate of how much you would repay by adjusting the loan amount and term below.
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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

Over the age of 18 years old
Be receiving regular income
Haven’t been bankrupt
Be an Australian Citizen /
Permanent Resident
Alex Personal Loan Calculator 2.0.0

How it works

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Calculate your repayments

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

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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.

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Get your funds!

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

How we compare~

Alex gets me a better rate

Our aim is to always provide a better rate than other banks.
Based on a $30,000 loan over 5-year term, take a look at how we compare.
Apply now

Comparison rate* (p.a.)

Source date
~Source: Relevant competitor or comparison websites as at 20 September 2021.

We’re here to help

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

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% to a maximum Annual Percentage Rate (APR) 19.99% p.a. (comparison rate* 4.99% to 19.99% 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 3 November 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.