Loans

Personal loans

Our fix and flex loan 

At TSB we understand that no-one can really predict what the future holds. So we created a loan to help customers borrow well.

Our lowest rate: 3.2%APR representative for loans between £7,500 and £25,000 for 1-5 years
    • Take a break with up to two one-month repayment holidays every year. Repayment holiday is subject to approval. If you take a repayment holiday you may pay more interest overall
    • Pay more whenever you want so you can pay off your loan quicker. Early settlement charges could apply
    • Get the money today*
    • Personalised quote without affecting your credit rating
* If you apply before 6pm and have held a TSB current account for more than 3 months, the money should be in your account the same day. If you apply after 6pm, the money should be in your account the next working day (excludes Sundays and bank holidays).
** To apply for a loan between £35,000 - £50,000 you need to hold a TSB current account.

We now offer loans up to £50,000. Apply online today for a personalised quote without impacting your credit score. Alternatively, visit a branch or call us on 0345 835 3861. Calls are charged at local rate.

Representative Example:

I need to borrow:

£
£ 1,000 £ 25,000
You can only borrow between £ 1,000 - £ 25,000

And pay it back over:

Borrowers must be UK residents and aged 18 or over. Lending is subject to status and actual rate offered will depend on our assessment of your personal circumstances.

The maximum APR we might offer is 30.0%, but we will tell you your personalised rate before you apply.

Personal loan FAQs

If you’ve held a TSB current account for more than 3 months, you can apply online, in branch or by calling us on 0345 835 3861. You must be 18 or over and a UK resident.

The amount you can borrow with a personal loan will depend on your personal circumstances, however we provide unsecured loans from £1,000 to £25,000, over 1-7 year loan terms, or £25,000 to £50,000, over 1-5 year loan terms. We also offer Graduate Loans from £1,000 to £10,000, 0ver 1-7 year loan terms.

You have 14 days to withdraw from the agreement.

This right to withdraw will start on the day after you sign your loan agreement. If you do wish to withdraw from your loan during this time you must repay, no later than 30 calendar days after giving notice of withdrawal, the total loan amount (this is the amount we paid into your account) and the daily interest that we charge, both can be found on the Loan Agreement.

You can withdraw by calling us on 0800 111 4166 (8am to 6pm Monday to Friday, 8am to 2pm on Saturday. Closed Sundays) or by sending any notice to TSB Bank plc, PO BOX 373, Leeds, LS14 9GQ.

If you want to talk to us about withdrawing from your loan more than 14 days after you've signed your loan agreement, please call us on 0800 111 4166 or visit your local branch

We pride ourselves on being a responsible lender so if you're struggling to make your monthly repayments we have a range of options that may be able to help you. Call us and we'll happily talk through the options.

  • You can repay your loan early at any time in full or part
  • We may charge you up to 58 days interest on any full settlement you make
  • If you make any additional payments we will use these to partially settle your loan. This means that you will continue to make your normal monthly payments, but the number of your repayments and the amount of your final repayment may change
  • We will charge a £25 fee each time your account is transferred to our Collections department, for example when you miss a monthly payment
  • We will charge this fee to any current account you hold with us. If we are unable to do this, or if you do not have a current account with us, we will add it to your loan

Borrow Well

If you are looking to borrow some money, read our guide on borrowing sensibly.

Read the guide

 

 

How to apply

 
To be eligible for our personal loan, you must:
  • be 18 or over
  • be a resident of the UK with no history of adverse credit
  • have had a TSB bank account for more than 3 months
  • make repayments by Direct Debit
  • be a permanent paid employee, self-employed or retired with a pension
  • Satisfy us that you can afford to pay back the loan

To apply for a loan you need to have held a current account with us for more than 3 months. You must be 18 or over and a UK resident.

Apply online

You’ll need your internet banking credentials to log in and apply.

Apply now

Apply over the phone

Lines are open Monday to Friday 8am-6pm and Saturdays 9am-2pm.

Find a branch and apply for a loan in person.

Visit

Visit

Find your nearest branch or cash machine using our Branch Locator tool.

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