Earn double Qantas Points with Alex.Bank

From everyday goals to bigger life plans, you can earn up to 200,000⁺ Qantas Points across Alex.Bank’s range of Personal Loans and Term Deposits. Offer ends 31 October 2026.

Our products have been awarded by some of Australia's leading comparison sites. See all of our awards

Get an award-winning Unsecured Personal Loan
From

8.49%p.a.

Fixed and Comparison Rate*

Rate based on outstanding credit rating and financial position. Learn More.

Apply Now
Personal Loans with double Qantas Points

Quick turnaround, personalised rates and double Qantas Points. That’s what you get with our Unsecured and Secured Personal Loans.

Apply Now

Term Deposits with double Qantas Points

Set your savings on a steady course. Lock in a competitive interest rate and watch your money grow with a choice of fixed investment terms.

Apply Now

Personal Loans

Apply for our award-winning Unsecured Personal Loan and get what you need sooner, with double Qantas Points along the way.

  • Personalised Fixed & Comparison rate starting from 8.49% p.a.*
  • Apply in minutes
  • $0 upfront, ongoing or early repayment fees
  • Flexible repayment terms from 6 months – 7 years
  • Application decision within 1 business day
  • Earn up to 100,000 Qantas Points (2 Qantas Points+ for every $1 you borrow, up to $50,000)
Learn more

Car Loans

Choose an Alex.Bank Secured Car Loan and drive away with your new or used car, plus double Qantas Points.

  • Personalised and Fixed interest rates from 7.49% p.a.* (Comparison rate 7.90% p.a.*)
  • Borrow between $10,000 and $100,000
  • Flexible repayment terms from 1 year – 7 years
  • $295 one-off Establishment Fee
  • Application decision within 1 business day
  • Dealership cars only (not private sale)
  • Earn up to 200,000 Qantas Points (2 Qantas Points+ for every $1 you borrow, up to $100,000)
Learn more

Term Deposit

Lock away your savings and watch them grow with a fixed interest rate, your choice of fixed investment terms and double Qantas Points.

  • 5.25% p.a. fixed interest rate3
  • It’s quick and easy to apply online – the average time is 3 minutes
  • Choose from a range of terms that suit your investment needs
  • Awarded WeMoney's Term Deposit of the Year^ (2023, 2024 & 2025)
  • Earn up to 50,000 Qantas Points+ (200 Qantas Points for every $1,000 invested in an Alex.Bank Term Deposit)
Learn more

Electric Vehicle Loans

Lower your running costs on the road when you purchase a new or used electric car with an Alex.Bank Secured EV Loan, plus double Qantas Points.

  • Personalised and Fixed interest rates from 7.49% p.a.* (Comparison rate 7.90% p.a.*)
  • Borrow between $10,000 and $100,000
  • Flexible repayment terms from 1 year – 7 years
  • $295 one-off Establishment Fee
  • Engine type must be fully electric (hybrid not accepted)
  • Application decision within 1 business day
  • Dealership cars only (not private sale)
  • Earn up to 200,000 Qantas Points (2 Qantas Points+ for every $1 you borrow, up to $100,000)
Learn more

Green Loans

Enjoy low rates while lowering your energy bills with an Alex.Bank Unsecured Green Loan, plus double Qantas Points.

  • Personalised Fixed & Comparison rate starting from 8.49% p.a.*
  • Apply in minutes
  • $0 upfront, ongoing or early repayment fees
  • Flexible repayment terms from 6 months – 7 years
  • Application decision within 1 business day
  • Home solar systems (panels, battery, installation) only
  • Earn up to 100,000 Qantas Points (2 Qantas Points+ for every $1 you borrow, up to $50,000)
Learn more

Ways to use your Qantas Points

More Qantas Points means more ways to reward yourself. Choose from thousands of amazing rewards:

Flights

Use your Qantas Points on every eligible flight with Qantas, Jetstar and over 30 oneworld member, partner airlines and their affiliates to more than 1,200 destinations globally.

Classic Upgrade Rewards

Use your Qantas Points to request an upgrade to Premium Economy, Business or First on Qantas marketed and operated flights and add a little luxury to your next trip.~

Hotels and Holidays

Make your dream trip a reality and use your Qantas Points to book curated holiday packages, unforgettable tours and over 500,000 hotel stays.

and more!

Discover thousands of other amazing rewards waiting for you, from retail therapy to wine, entertainment and so much more.

Frequently asked questions

  • When will I receive my Qantas Points?

    Once your loan has settled or your term deposit has been funded, your Qantas Points will be credited to your Qantas Frequent Flyer account within 60 days, provided the Loan remains open or the Term Deposit remains open and funded until the Qantas Points are received in your Qantas Frequent Flyer membership account.

  • What if I am not a Qantas Frequent Flyer member?

    A joining fee usually applies, however, Alex.Bank has arranged for this to be waived for new customers who join here. Membership and points are subject to the Qantas Frequent Flyer program Terms and Conditions. 

Learn more about us

We’re a digital-first bank passionate about building the future of banking in Australia.

Learn more

Our Awards

Alex.Bank's products have been awarded by some of Australia's leading comparison sites and publishers.

Learn more
Important information

Qantas Points

+ You must be a Qantas Frequent Flyer to earn and redeem Qantas Points. A joining fee usually applies, however, Alex Bank has arranged for this to be waived for new customers who join here. Membership and points are subject to the Qantas Frequent Flyer program Terms and Conditions. 

You must register your Qantas Frequent Flyer number and the last name attached to your Qantas Frequent Flyer account upon application to earn Qantas Points. Qantas Points will be awarded within 60 days of settlement, provided the Loan remains open until the Qantas Points are received in your Qantas Frequent Flyer membership account. You will receive an email from Alex Bank informing you that your Qantas Points have been credited to your Qantas Frequent Flyer account. Unless specifically referred to, this offer cannot be used in conjunction with any other advertised or promotional offer, and may be extended, withdrawn, changed or removed at any time. Terms, conditions, fees and charges apply and will be included in the Alex Bank Loan offer. Applications for finance are subject to credit approval.

Personal Loans: Australian resident Qantas Frequent Flyer members who apply and are approved for an eligible unsecured personal loan with Alex Bank through this link on or after 4 August 2026 and on or before 31 October 2026 will earn 2 Qantas Points for every $1 of lending (usually 1 Qantas Point per $1 of lending) up to a maximum of 100,000 Qantas Points. Alex Bank may withdraw, extend, change or remove this offer at any time, including before 31 October 2026. If the offer is withdrawn early, eligible applications received before the withdrawal takes effect will continue to be assessed for Qantas Points in accordance with these terms.

Green Loans: Australian resident Qantas Frequent Flyer members who apply and are approved for an eligible unsecured personal loan (green) with Alex Bank through this link on or after 4 August 2026 and on or before 31 October 2026 will earn 2 Qantas Points for every $1 of lending (usually 1 Qantas Point per $1 of lending) up to a maximum of 100,000 Qantas Points. Alex Bank may withdraw, extend, change or remove this offer at any time, including before 31 October 2026. If the offer is withdrawn early, eligible applications received before the withdrawal takes effect will continue to be assessed for Qantas Points in accordance with these terms.

Car Loans: Australian resident Qantas Frequent Flyer members who apply and are approved for an eligible secured personal loan (car) with Alex Bank through this link on or after 4 August 2026 and on or before 31 October 2026 will earn 2 Qantas Points for every $1 of lending (usually 1 Qantas Point per $1 of lending) up to a maximum of 200,000 Qantas Points. Alex Bank may withdraw, extend, change or remove this offer at any time, including before 31 October 2026. If the offer is withdrawn early, eligible applications received before the withdrawal takes effect will continue to be assessed for Qantas Points in accordance with these terms.

Electric Vehicle Loans: Australian resident Qantas Frequent Flyer members who apply and are approved for an eligible secured personal loan (electric vehicle) with Alex Bank through this link on or after 4 August 2026 and on or before 31 October 2026 will earn 2 Qantas Points for every $1 of lending (usually 1 Qantas Point per $1 of lending) up to a maximum of 200,000 Qantas Points. Alex Bank may withdraw, extend, change or remove this offer at any time, including before 31 October 2026. If the offer is withdrawn early, eligible applications received before the withdrawal takes effect will continue to be assessed for Qantas Points in accordance with these terms.

Term Deposits: 3Fixed Term Deposit Interest Rates current as at 15 May 2026 and subject to change without notice.

Australian resident Qantas Frequent Flyer members who apply and are approved for an Alex.Bank Term Deposit through this link, and make an eligible deposit of at least $10,000 on or after 4 August 2026 and on or before 31 October 2026 will earn 2 Qantas Points per $10.00 deposited (usually 1 Qantas Point per $10.00 deposited). Qantas Points will be capped at a maximum of 50,000 points for a term deposit value of $250,000. For example, if a Qantas Frequent Flyer member invests $25,000 they will receive 2 Qantas Points for every $10.00 invested which equates to 5,000 Qantas Points in this scenario. You must register your Qantas Frequent Flyer number and the last name attached to your Qantas Frequent Flyer account upon application to earn Qantas Points. Qantas Points will be awarded within 60 days of funding, provided the Term Deposit remains open and funded until the Qantas Points are received in their Qantas Frequent Flyer membership account. You will receive an email from Alex Bank informing you that your Qantas Points have been credited to your Qantas Frequent Flyer account. Alex Bank may withdraw, extend, change or remove this offer at any time, including before 31 October 2026. If the offer is withdrawn early, eligible Term Deposits opened and funded before the withdrawal takes effect will continue to be assessed for Qantas Points in accordance with these terms. Unless specifically referred to, this offer cannot be used in conjunction with any other advertised or promotional offer. For full terms and conditions of the Alex Bank Term Deposit visit www.alex.bank/legal/term-deposit-t&cs.

<Classic Flight Rewards are available on Qantas, Jetstar and partner airlines. Seats are subject to capacity controls, availability is limited, and some flights may not have any Classic Flight Rewards available. Taxes, fees and carrier charges are payable to Qantas (excluding any amounts payable to third parties at the airport) by an Accepted Payment Card in addition to the points required on Classic Flight Reward flights. Qantas Points required and taxes, fees and carrier charges are subject to change and quoted at the time of booking. For more information, visit Classic Flight Rewards.

~Classic Upgrade Rewards are available on Classic Flight Rewards in Economy and Premium Economy, Classic Plus Flight Rewards in Economy and Premium Economy, eligible paid and confirmed Qantas domestic and international flights with a Qantas (QF) flight number on your ticket, and from time to time on codeshare flights operated by another carrier that have a QF flight number on your ticket. Classic Upgrade Rewards are not available from all fare types. See tables for details. Classic Upgrade Rewards are subject to capacity controls and availability (which is limited). For more information, visit Classic Upgrade Rewards or see the Terms and Conditions.

# Qantas Hotels: Members will not be able to redeem points for, or earn points on, additional charges paid to the accommodation provider for extras (including cots, breakfasts and other incidentals) on check-in or check-out (as applicable). Cancellation and refund policies and conditions differ for each hotel, check at the time of booking. View full terms and conditions. Points Plus Pay: Points Plus Pay allows you to choose the number of Qantas Points you redeem above the specified minimum level of 5,000 and pay for the remainder of the booking value with an Accepted Payment Card (including VISA, MasterCard or American Express). Points Plus Pay is not available for Classic Hotel Rewards. The ability to use Points Plus Pay is subject to meeting the minimum points requirement of 5,000 Qantas Points. Classic Hotel Rewards: Minimum night stays and blackout dates may apply. Classic Hotel Reward must be booked using Qantas Points only. Qantas Holidays: Points Plus Pay: Qantas Frequent Flyer members can redeem Qantas Points when booking hotel accommodation through qantas.com/hotels or holiday packages through qantas.com/holidays, using Points Plus Pay. Members cannot redeem points for additional charges paid to the hotel for extras (including cots, breakfasts and other incidentals) on check-in or check-out (as applicable). Points Plus Pay allows you to choose the number of Qantas Points you redeem above the specified minimum level of 5,000 and pay for the remainder of the booking value with an Accepted Payment Card (including VISA, MasterCard or American Express). Points Plus Pay is not available for Classic Hotel Rewards. View full terms and conditions here.