£3,000 - £4,999
£5,000 - £7,499
£7,500 - £15,000
£15,001 - £25,000
A great low rate of 7.2%APR representative on loans from £15,001 to £25,000. Apply online or if you'd rather speak to someone call us on 0845 600 6768.
The interest rate offered will depend on the amount you wish to borrow and your individual circumstances. Loans available to UK residents and over 18s only. Subject to status.
How could a loan from Tesco Bank help you?
You could use your personal loan from Tesco Bank to purchase a new car, make some home improvements or organise your finances into one fixed monthly payment.
- Fixed rate for the length of your personal loan
- No set up charges
- Fixed monthly payments on your chosen date
- Payment break option at the start of your loan subject to eligibility. Click on the payment break option tab above for more information
Payment break option
Subject to eligibility
Eligible customers have the option to apply for a two-month payment break before starting their monthly payments.
- Only available at start of loan
- Up to three months payment-free until your first repayment is taken
- Interest will be charged during the payment break, and your overall loan period will be extended by two months which means that you will pay an extra two months interest
- Your offer documentation will detail the terms of the payment break. Please read carefully the documentation sent to you
A closer look at our loans
The information contained in this table summarises loan features, and is not intended to replace any terms and conditions.
|Interest charging information||Fixed rate for life of loan.
Interest is calculated on a daily basis.
|Repayment information||Payment is made by monthly direct debit from the account the loan is paid into.
Your first payment will be made one month after issue of the loan.
There are no mid term payment breaks.
You can defer your payment by two months, subject to availability, at the beginning of your loan. If this option is taken the first payment would be taken the 3rd month after the issue of the loan. Interest continues to accrue during the break period.
|Repayment Period||Any term from 12 months to 120 months.|
|Application / Arrangement fee||No set up fees apply.|
|Other Fees||A 'Fast Delivery' fee of £50 will be charged for next day delivery if selected.
One-off 'Fast Delivery' fee of £50 is made in addition to the first month's payment. This is not added to your loan amount and interest is not charged.
|Default Fees||£12 each time a loan payment is not made on time.
£12 when a default notice is issued.
|Early Settlement||You will be charged up to two months interest if you choose to settle your personal loan from Tesco Bank early.|
The actual rate offered may be higher depending on our assessment of your personal circumstances and financial behaviour. Early settlement fees may apply. The repayment period depends on the purpose of the loan and your personal circumstances. To tailor your quote to the exact amount and loan term please use our repayment calculator.
Loans available to UK residents and over 18s only. Subject to status. Rates depend on circumstances and loan amount.
Interpoint Building, 22 Haymarket Yards, Edinburgh, EH12 5BH