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TSB introduces 3.2% APR personal loans rate

1st December 2017

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The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.


Competitive rate: 3.2% APR on amounts between £7,500 and £25,000

Borrow well with TSB’s Fix and Flex loan:  fast, flexible and personalised quotes without affecting credit rating

TSB has introduced a personal loan rate of 3.2% APR for amounts between £7,500 and £25,000.  The rate is applicable for all loan terms between one and five years. 

TSB is committed to helping people to ‘borrow well’, which means helping them to borrow money in a way that makes the best financial sense for them.  It is essential that people not only borrow an amount they can afford to repay and at a competitive interest rate but understand the product’s features such as whether they can take a payment holiday or if there are fees should they pay off the loan in full early.

Nick Smith, Head of Loans at TSB, says: “Our personal loans help customers to borrow well, whether they’re consolidating other loans, planning home improvements or looking to finance a car

“Unlike some providers, we don’t punish people for shopping around for a loan, as we offer personalised quotes on a TSB loan without affecting your credit ratings.  We also make sure you get the loan quickly and we offer the flexibility of overpayments.” 

Flexible borrowing

Unlike with some personal loans providers, customers will receive a personalised quote with the APR we’ll charge instantly without affecting their credit rating.

TSB current account customers could get the money in their account the same day.  For those who don’t bank with TSB, they could still have the money in their account the next day once they’re approved.  TSB loans all offer the flexibility for customers to make overpayments, so they can reduce the term and amount of interest paid should they so wish. 

Customers can apply online at, by phone on 0345 835 3861 or in a TSB branch. 


About TSB

TSB was built to bring more competition to UK banking and ultimately make banking better for all UK consumers.  TSB only serves local customers and local businesses, to help fuel local economies, because communities thriving across Britain is a good thing for all of us.  

We have a simple, straightforward and transparent banking model and make clear on our website how we operate and make money.  We offer the products and services people tell us they want, with none of the funny stuff people normally associate with traditional banks.  

Our five million customers appear to notice: TSB is Britain’s most recommended high street bank and was recently identified as one of the top 10 big companies to work for.  

For further information about TSB Bank plc, please visit our website

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.


Notes to editors


  • TSB’s previous loan rate for amounts between £7,500 and £25,000 was 2.8%.
  • Other loans are available. The amount that you can borrow with a personal loan will depend upon your personal circumstances, however we provide unsecured loans from £1,000 up to £25,000 for a term of between one and seven years.
  • Lending is subject to status and lending criteria.
  • Borrowers must be aged 18 or over and a UK resident (over 21 to apply online).
  • More information on TSB loans can be found at