Alex.Bank
Personal Loan
Alex.Bank Personal Loan
Digital-first personal loans from $5,000 to $50,000 with competitive rates and a streamlined application.
Apply for Personal Loan
Comparison rate: 9.12% p.a.
- Low establishment fee of just $150
- Competitive fixed rates
- No early repayment fees
- Digital-first experience
Rates and fees may vary based on your profile
Rate from
7.99% p.a.
Comparison rate
9.12% p.a.
Loan amount
$5,000 - $50,000
Loan term
24 - 84 mo
Establishment fee
Establishment fee: $150. Monthly fee: $0. Early repayment fee: $0.
Monthly fee
$0
About Alex.Bank
Alex.Bank is a digital bank backed by National Australia Bank (NAB), offering personal loans with competitive rates and a modern digital experience. They focus on simplicity and transparency in lending.
Repayment Calculator
Estimate your monthly repayments for a Personal Loan loan. Adjust the sliders to see how different amounts, terms and rates affect your repayments.
Adjust your loan details
Estimated monthly repayment
per month
Indicative only. Excludes establishment and ongoing fees.
Pros & Cons
What we like
- Digitally savvy borrowers
- Debt consolidation
- Home improvements
Watch out for
- Borrowers wanting in-branch service
- Loans under $5,000
Eligibility Requirements
To apply for a Personal Loan loan, you will typically need to meet the following criteria. Requirements may vary depending on your individual circumstances.
Documents you will typically need
- Recent payslips (last 2-3)
- Bank statements (last 90 days)
- Photo ID (driver licence or passport)
- Proof of address (utility bill or lease)
Some lenders may request additional documentation depending on your employment type and loan amount.
How to Apply
Getting started with Personal Loan is straightforward. Follow these steps to submit your application.
Apply Online
Complete the digital application in minutes.
Quick Decision
Receive a decision on your application quickly.
Funds Transferred
Once approved, funds are sent to your nominated account.
Apply Online
Complete the digital application in minutes.
Quick Decision
Receive a decision on your application quickly.
Funds Transferred
Once approved, funds are sent to your nominated account.
Frequently Asked Questions
Common questions about Personal Loan
Alex.Bank is a digital-first Australian bank backed by NAB. They offer personal loans with competitive rates and a modern, streamlined application process.
Alex.Bank offers fixed rates from 7.99% p.a. to 15.99% p.a. depending on your credit profile.
Ready to apply?
Check your eligibility for Personal Loan today. The application takes just a few minutes.
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