Info for existing loans customers
We're here to help! You're eligible to apply to borrow more after making eight consecutive monthly payments on your existing loan.
Our existing customers can apply for a great low rate of 5.1%APR representative for loans from £7,500 to £15,000.
Benefits of borrowing more
- Enjoy fixed rates so your monthly repayments remain the same
- Choose the date to make your repayment
- Pay for that new home furniture or replace your car
- Manage your finances by consolidating your debt into one monthly payment
If accepted, your new loan will pay off your existing loan and you will continue to make one monthly payment.
We charge up to 28 days interest on your first loan. This is to cover the number of days from when you get your formal quote to receiving your new loan. This will be added to your new loan amount and you will pay interest on this. If you pay interest on your current loan balance over a longer term this may lead to additional cost.
Early settlement fees will apply. You will be charged up to two months interest if you choose to settle your personal loan from Tesco Bank early.
Rate will depend on circumstances and amount. Subject to availability. The actual rate we offer may be higher depending on our assessment of your personal circumstances and financial behaviour.
How much could you borrow? Just call 0845 600 6016 to speak to your friendly UK-based loans team. Lines are open Mon-Fri 8am-8pm, Sat and Sun 9am-5pm.
Changed contact details or have a query?
If you've changed your contact details or have other queries, please call 0845 600 6016. Our Commonly Asked Questions may also help, or write to us at:
Tesco Bank Loans
PO Box 27014
Deaf or hard of hearing?
Call our Textphone service on 0845 671 0675 or request Typetalk on 18001 0845 600 6016.
Payment Protection Insurance (PPI)
We no longer offer Payment Protection Insurance. However, if you have taken out Payment Protection Insurance with us before 17 March 2009 and have any questions about your policy or need to make a claim, please call 0845 309 8765 or visit the PPI complaints page. To cancel your policy please call 0845 600 6016. If you would like to explore PPI options please visit the Money Advice Service.
Tesco Bank is not responsible for the content of external websites.
Interpoint Building, 22 Haymarket Yards, Edinburgh, EH12 5BH