Small Loans

Sometimes a little boost is all the help you need

Life can be full of surprises. And they’re not always welcome ones.

If you’re suddenly faced with an unexpected expense like replacing a worn set of car tyres or paying for a dental emergency, this where one of our new short term small loans could help you. Or maybe you’re looking to spread the cost of an expensive item, like a new fridge freezer, or PC?

You could borrow between £300 and £999.99* over 3-12 months at 39.9% APR representative, to make life a little easier.

Have the peace of mind that you’re borrowing from someone you can trust and paying it back in regular fixed instalments. For example, a loan of £500 over 6 months would cost just £550.80 in total, with 6 monthly payments of £91.80.

Representative example:
Loan amount: £500
Loan term: 6 months
Representative APR: 39.9%
Rate of interest per annum (fixed): 34.05%
Monthly repayments: £91.80
Total amount payable: £550.80


Fast and flexible

  • A personalised quote in minutes. And a decision in under 30 seconds
  • Our personalised quote won't affect your credit rating, and you'll get the rate you’re quoted
  • You can get the money in your account today**
  • Take up to two non-consecutive, one-month repayment holidays every 12 months. Subject to approval. The length of your loan will increase, meaning you may pay more interest overall.
  • View your loan online with our mobile app or Internet Banking


To find out more about other lending options, read our Borrow Well guide.

Apply online today for a personalised quote without impacting your credit score. Or if you prefer, visit a branch or call us on 0345 835 3861. Calls are charged at local rate.

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 a Police Officer to catch a criminal, or to send money to somebody you’ve met online but never in person. STOP. These are almost certainly frauds, and you may be about to become a victim. For help and support, please call our fraud team on 0800 096 8669.

*To apply for a loan between £300 - £999.99 and 25,000 - £50,000 you need to hold a TSB current account
** 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 Sunday and bank holidays.

Lending is subject to status and actual rate offered will depend on our assessment of your personal circumstances.

Existing TSB customers can apply online

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

Already a TSB customer?

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

Log in to apply

Apply over the phone

You can arrange a convenient time to talk to us about a loan over the phone. Lines are open Monday to Friday 8am-6pm. Calls are charged at a local rate.  

Apply in a branch

If you’d like to arrange a convenient time to talk to us in branch about a loan simply click below to request an appointment.  

Adobe digital forms

We use Adobe Sign for this kind of request. Adobe will pass the information you provide to us in a secure manner and won’t process it in any other way. Information on how we use your data can be found in our Data Privacy Notice.

Small Loan FAQ’s

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.​

Borrow Well

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

Read the guide