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Small loans

If you’re faced with an unexpected cost, like a broken washing machine or a dental emergency, a short-term small loan could help.

Borrow £300 to £999.99 over 3 to 12 months at 39.9% APR representative.

Benefits of a small loan

Choose your amount

Apply for a loan between £300 and £999.99

Choose your term

Repayment terms from 3 to 12 months

Make a decision

A personalised quote and a decision in minutes without affecting your credit score

Try our small loan calculator


Want to see the cost of your loan before applying?

Our loans calculator shows what your representative APR could be, making it easy to compare the overall cost of credit against other lenders.


To apply for a loan, you'll need to:

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Be a UK resident

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Be over 18, or over 21 if you apply online

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Have had a TSB bank account for more than 3 months

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Be employed or have a regular income

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Not have any recent CCJs, Credit Defaults or Bankruptcies, and be up to date with any TSB debts

Apply online

Already a TSB customer?

If you’re an existing TSB customer it’s quicker to log in to get your quote and apply​.

Apply online

Make an appointment

To apply over the phone or in branch, book an appointment for a time that works for you.

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?

There doesn’t need to be a specific purpose for a small loan. They can be used to help a customer make a purchase or help pay for an unexpected cost or emergency payment, such as a vehicle repair or medical expense.

As small loans are a relatively small amount, they can even be used to help pay for an expensive item, whether this is a gift for someone else or an item for the home.

If you don’t have enough money in your account to make a payment under £1,000, then a small loan could be an ideal solution for you. This loan can be used to make an emergency payment, pay for an unexpected bill or for personal use.

A small loan differs to an overdraft. Small loans provide customers with a fixed amount which they borrow then must repay over a set term with regular repayments. Overdrafts, however, allow the customer to borrow money as and when they need it, with an agreed maximum limit.

With TSB’s small loan, you can borrow between £300-£999.99. If you require a larger loan than this amount, then you will need to apply for a different loan. ​In order to qualify for our small loan, you must hold a TSB current account.

There is a fixed interest rate with TSB’s small loan. There is no tiered pricing when it comes to the interest rate of our small loans. The interest rate is the same rate if you borrow between £300-£999.99.

When you apply online for a small loan, you can receive a personalised quote in minutes, as well as a decision on whether your application was successful.

If successful, you can receive the money in your account on the same day.

The personalised quote for the small loan will not affect your credit score. However, just like any loan, banks and other lenders can see if you miss a payment. If all the repayments are made on time and in full, this can improve your credit rating.

If you need a loan of over £1,000, then there are other loans available which may be more suitable for your circumstances. Small loans are used to provide borrowers with a small injection of cash so they can pay back any urgent bills or unexpected costs for emergencies.

If you require a larger loan than £1,000, for example for a car or home improvements, TSB also provide loans suitable for this.​

Important information

The representative APR is the Annual Percentage Rate of charge. You can use it to compare the overall cost of credit between different lenders.

TSB adheres to The Standards of Lending Practice which are monitored and enforced by the LSB:

To read more about our lending commitments to you, please click here to read the leaflet.