Secured Fixed Rate Personal Loan
Alex gets you a secured 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.
- From
- 7.49%
- 7.9% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Discount Alex Bank secured personal loans (electric vehicle) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 6.49% p.a. for borrowers with an outstanding credit rating and financial position, to a maximum Annual Percentage Rate (APR) 14.99% p.a. (comparison rate* 6.90% p.a. to 15.43% p.a.). Where the loan term is higher than 5 years a higher rate applies. | 6.49% | 6.9% | — |
| Discount Alex Bank secured personal loans (electric vehicle) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 6.49% p.a. for borrowers with an outstanding credit rating and financial position, to a maximum Annual Percentage Rate (APR) 14.99% p.a. (comparison rate* 6.90% p.a. to 15.43% p.a.). Where the loan term is higher than 5 years a higher rate applies. | 6.49% | 6.9% | — |
| Discount Alex Bank secured personal loans (electric vehicle) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 6.49% p.a. for borrowers with an outstanding credit rating and financial position, to a maximum Annual Percentage Rate (APR) 14.99% p.a. (comparison rate* 6.90% p.a. to 15.43% p.a.). Where the loan term is higher than 5 years a higher rate applies. | 6.49% | 6.9% | — |
| Fixed · 7 years Alex Bank secured personal loans (car) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 7.49% p.a. for borrowers with an outstanding credit rating and financial position, to a maximum Annual Percentage Rate (APR) 15.49% p.a. (comparison rate* 7.90% p.a. to 15.94% p.a.). Where the loan term is higher than 5 years a higher rate applies. |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment fee | Upfront | $295.00 |
| Late Payment Fee | Event | $0.00 |
| Early Repayment Fee Flexibility to make extra repayments or payout loan in full without penalty | Event | $0.00 |
Features
- No monthly or annual account keeping fees — No ongoing fees
- You can make extra repayments or payout the loan in full early without any penalty — No early repayment or payout fees
- Pay weekly, fortnightly or monthly via direct debit — Repayment frequency
Eligibility
- Individuals only — 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
- Minimum age — 18 years
Constraints
- Minimum limit — $10,000.00
- Maximum limit — $100,000.00
- Maximum LVR — 120%
More Information
Published by Alex.Bank under the Consumer Data Right · Last updated 12 March 2026 · Product ID 8397effe-4703-470d-afaf-093502021c10 · View on CDR.gov.au · View Source Data (JSON)