Santander Personal Loan

Santander offers personal loans with a 1-2-3 World loyalty rate for eligible current account holders. Fixed rates, no fees for early repayment.

Last checked on May 17, 2026. We may earn a commission when you click through.

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Santander's personal loan offers competitive fixed rates, especially for current account holders, with no early repayment fees.

✓ Fixed rates for stability ✓ No early repayment fees ✓ Same-day approval available
Personal Santander

Santander Personal Loan

Updated 2 minutes ago

At a Glance

Representative APR

5.3–21.9%

Loan Amount

£1,000–£25,000

Term

12–60 mo

Decision

Same day

No impact on your credit score Check eligibility →

You'll be redirected to santander.co.uk

Eligibility Requirements

UK resident
18+
1-2-3 account for best rate

About this loan

Santander's Personal Loan is particularly beneficial for existing customers, offering flexible terms and competitive rates, though potential borrowers should watch out for high APRs.

Our Verdict

Santander's personal loan offers competitive fixed rates, especially for current account holders, with no early repayment fees.

Best For

This loan is ideal for those with a Santander 1-2-3 account looking for lower rates and flexible repayment options.

Watch Out

Rates can escalate up to 21.9% APR, making it less suitable for borrowers with lower credit scores.

What Customers Say

Feedback highlights competitive rates for account holders, though some customers express concerns about service delays.

Expert Analysis

Santander provides personal loans ranging from £1,000 to £25,000 with terms between 12 to 60 months. For 1-2-3 account holders, the minimum APR is 5.3%, making it an attractive option for eligible customers. Without this account, borrowers face higher rates, which can reach 21.9% APR.

The application process is straightforward, with same-day approval for eligible applicants. However, those with lower credit scores may find the higher end of the APR spectrum off-putting. Unlike some competitors, Santander has no fees for early repayment, allowing borrowers to pay off their loans without incurring extra costs.

Customer service feedback has been mixed, with some users noting delays in response times. It's essential to read the terms carefully as the amount you wish to borrow can impact your interest rate. Overall, while Santander's personal loan is beneficial for current account holders, it may not be the best choice for everyone, especially those with poor credit histories.

Check eligibility →

You'll be redirected to santander.co.uk

Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.

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