Alex.Bank personal loans

Fact Checked

Looking to leap into the world of digital banks with a personal loan? Allow us to introduce you to Alex Bank. Hitting the lending scene in 2020, Alex Bank currently has just one product on offer (the Alex Personal Loan), but that hasn’t stopped them from making waves as one of Australia’s hottest new digital lenders.

Alex rewards borrowers who have a good credit score with better rates - so, if that’s you, not only will you have access to a bunch of fab features (see below), but you could potentially score a super competitive interest rate too! In fact, the Alex Bank personal loan stood out so much that it was awarded Best New Loan Product as part of the 2022 Mozo Experts Choice Awards

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more personal loans here.
Last updated 30 October 2024 Important disclosures and comparison rate warning*

Alex.Bank personal loans

  • Personal Loan

    • Unsecured, Fixed
    Interest rate from
    12.74 % p.a.
    to
    22.74 % p.a.
    Comparison rate from
    12.74 % p.a.
    to
    22.74 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $0
    Link not supplied

  • Car Loan

    • Secured, Fixed
    Interest rate from
    11.74 % p.a.
    to
    24.74 % p.a.
    Comparison rate from
    12.17 % p.a.
    to
    25.23 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $295
    Link not supplied

  • Electric Vehicle Loan

    • Secured, Fixed
    Interest rate from
    10.74 % p.a.
    to
    23.74 % p.a.
    Comparison rate from
    11.17 % p.a.
    to
    24.23 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $295
    Link not supplied

  • Green Loan

    • Unsecured, Fixed
    Interest rate from
    11.74 % p.a.
    to
    21.74 % p.a.
    Comparison rate from
    11.74 % p.a.
    to
    21.74 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $0
    Link not supplied

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Personal loan quick links


* WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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 cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

^See information about the Mozo Experts Choice Personal Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.