If you already have a personal loan with TSB but want to borrow more, then you could apply for another loan, or top up the one you have.
How do I borrow more on an existing personal loan?
There are two main ways that you can apply to borrow more:
Option 1
Combine your existing loan in a single payment
Option 2
Keep your existing loan and take out a separate loan
What you need to know about additional borrowing
- The APR you’re offered depends on the amount you want to borrow, the length of the term, and your circumstances
- A personalised quote will show you the rate you'll get if you are approved for the loan without affecting your credit score
- If you refinance any existing debts, you may pay a higher rate of interest or make repayments over a longer term. This means that you may pay more interest overall
Find out more about our loans, including fees and charges, by visiting our FAQs page.
To apply online for a top up loan, you'll need to:
Ready to get a personalised quote?
Apply in the app
This is the quickest way to apply
Simply log in, select ‘Loans’ and then ‘Apply now’
Get a personalised quote and see your rate without impacting your credit score
Or apply online
Get a personalised quote and see your rate without affecting your credit score
If you prefer to apply in branch or over a video call, you can book an appointment.
Have you thought about...
Mortgage - additional borrowing
For existing mortgage customers
TSB mortgage customers can apply for additional borrowing if:
- You're looking to borrow £10,000 or more
- You've made at least 6 payments since taking out your mortgage
Your home may be repossessed if you do not keep up repayments on your mortgage.
A Platinum Purchase credit card
For new and existing customers
- Apply for our purchase card offer - up to 26 months!
- Spread the cost of your purchases
- After your introductory period, it's 24.9% representative APR (variable)
Borrow well
If you're looking to borrow money, read our guide to borrowing sensibly.
Fraudsters will often try to trick you into taking out a loan
If you're applying today: to make an investment, to help the National Crime Agency or the police to catch a criminal, or to send money to someone, even someone you know, STOP!
These are common frauds and you may be about to become a victim. For help and support, please call our fraud team on 0800 096 8669.
Any questions?
You can use a loan for
- Making a large purchase, like a car or electrical goods
- Home furnishings or improvements
- Travelling or going on holiday
- Consolidating your debts
- Other personal uses
You can’t use a loan for
- Investing or speculative ventures, such as buying cryptocurrency, shares, or gambling
- Paying a mortgage, service charge, ground rent, or putting down a deposit
- Savings or paying household bills
- Business purposes
At TSB, there are two options when it comes to additional borrowing on your existing loan.
- You can top up your borrowing with a new loan that runs alongside your old one.
- Or you can take out a loan which repays the existing one, giving you a new loan for a larger amount.
Any additional borrowing you take out will be at the current interest rates, which may not be the same rate as your existing loan.
Important information
* To apply for a loan between £300 - £999 and 25,000 - £50,000 you need to hold a TSB current account.
The representative APR is the Annual Percentage Rate of charge. You can use it to compare the overall cost of credit between different lenders.
