Borrow £1,000–£25,000 over 1–7 years. Enjoy fixed monthly payments and potential overpayments without charge

MBNA Personal Loan: Fixed Payments & Flexible Terms

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With MBNA Personal Loans, you can borrow between £1,000 and £25,000, with repayment terms ranging from 1 to 7 years. Enjoy the predictability of fixed monthly payments, and the flexibility to make overpayments without additional charges
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With MBNA Personal Loans, you can borrow between £1,000 and £25,000, with repayment terms ranging from 1 to 7 years. Enjoy the predictability of fixed monthly payments, and the flexibility to make overpayments without additional charges
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Check Your Eligibility
You will remain in the same website.
Discover the standout features of MBNA Personal Loans:
Fixed monthly payments
Flexible loan amounts
No overpayment charges
Quick online application​
Check Your Eligibility
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Advantages and Disadvantages of the MBNA Personal Loan

Pros:

  • Fixed monthly repayments: Enjoy the stability of knowing exactly how much you’ll pay each month.​
  • Flexible loan amounts: Borrow between £1,000 and £25,000 to suit your needs.
  • No overpayment charges: Make extra payments without incurring fees, allowing you to reduce your loan balance faster.
  • Quick online application: Apply online in about 15 minutes, with instant decisions in most cases.

Cons:

  • Early repayment interest: If you settle your loan early, you may need to pay up to 58 days’ interest.
  • Missed payment fee: A £25 charge applies if you miss a monthly repayment.
  • Eligibility criteria: Not available to full-time students or those with a recent history of declined credit.

FAQ

You can use an MBNA Personal Loan for various purposes, including purchasing a car, home improvements, debt consolidation, holidays, or weddings. However, loans cannot be used for speculative purchases, illegal purposes, or business-related expenses.

MBNA offers personal loans ranging from £1,000 to £25,000, with repayment terms between 1 and 7 years.

To be eligible, you must be at least 18 years old, a UK resident, employed or have a regular income, not a full-time student, have no history of bad credit, and not have been declined for credit within the last month.

Yes, there is a £25 charge if you miss a monthly repayment. Additionally, if you settle your loan early, you may need to pay up to 58 days' interest.

Yes, you can make overpayments without incurring any penalty fees, allowing you to reduce your loan balance faster.

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