Unsecured Fixed Rate Personal Loan

Alex gets you a multi-award winning personal loan with personalised interest rates based on your credit history and doesn't penalise you for making additional repayments or paying your loan out earlier,
Category: Personal Loans  Last Updated September 10, 2024  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a FIXED P&I product. Additional Information Alex Bank unsecured personal loans are available for a minimum of 6 months to a maximum of 7 years. Interest rates for a term up to 5 years range from 12.74% p.a. for borrowers with an outstanding credit rating and financial position, to a maximum Annual Percentage Rate (APR) 22.74% p.a. (comparison rate* 12.74% p.a. to 22.74% p.a.). Where the loan term is higher than 5 years a higher rate applies.
Interest Rate
12.74% PA
Comparison Rate
12.74%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  , DISCOUNT, 11.74%
  • Lending Rate Type: Discount
  • Interest Rate: 11.74%, Comparison Rate 11.74%
  • Repayment Type: Principal And Interest
  • Loan Purpose:

 Product Features

  • Other Additional Information: No monthly or annual account keeping fees
  • Other Additional Information: You can make extra repayments or payout the loan in full early without any penalty
  • Other Additional Information: Pay weekly, fortnightly or monthly via direct debit

 Product Eligibility

  • Natural Person - Individuals Must Have The Legal Capacity To Enter Into The Loan Contract. Not Available For Joint Borrowers Or Non-individual Borrowers..
  • Residency Status - Individuals Must Be An Australian Citizen Or Permanent Resident.
  • Min Age - 18.

 Bank Fees and Charges

  • Establishment Fee (Upfront), Amount: 0.00.
  • Late Payment Fee (Event), Amount: 0.00.
  • Early Repayment Fee (Event), Amount: 0.00. Additional Information: Flexibility to make extra repayments or payout loan in full without penalty

 Limitations & Restrictions (Constraints)

  • Min Limit of 2100.00
  • Max Limit of 50000.00 Additional Information: Dependent on Purpose of Loan.