Alex Bank

• Bank
• Digital-only
• Personal banking

Alex Bank is an Australian digital bank offering personal and vehicle loans, savings accounts and term deposits. It operates online, with lending and deposit services designed for personal customers. Its savings account is currently available through a limited release, so availability can differ between products. Alex Bank Pty Ltd is the legal institution behind the Alex.Bank brand.

Rates p.a. at a balance of $25,000.

Savings is available by limited release. Alex Bank currently directs new applicants to a waitlist, the advertised rate does not mean applications are open to everyone.

Alex Bank published personal savings accounts and offers.

Product	Link	Base	Ongoing	Ongoing cap	Intro	Intro cap	Intro period	Dep/mth	Dep $/mth	Growth/mth	Buys/mth	Txns/mth	W/d/mth	Min age	Max age	Fee/mth	W/d $/mth
Savings Account (limited release)	Visit	4.50%	4.50%Ongoing cap: $250K	$250K	-	-	-	-	-	-	-	-	-	18	-	$0	-

Source: noren.com.au

Useful links

• Institution background

Similar institutions

• Judo
• Gateway
• ING
• Revolut
• AMP
• BNK

Sources and review

1. Institution background (alex.bank)
2. APRA ADI register (apra.gov.au)
3. Service model (alex.bank)

Alex Bank data reviewed 29 Oct 2026. Next profile review due 27 Jan 2027.