Borrow £1,000 to £25,000 with fixed rates and no setup fees. Flexible terms to suit your needs
M&S Bank Personal Loans – Who Doesn't Need a Little Extra?
Whether it's a home makeover or that dream holiday, M&S Bank offers personal loans from £1,000 to £25,000. Enjoy fixed interest rates, flexible repayment terms from 12 to 84 months, and the peace of mind that comes with no arrangement or setup fees
Check Your Eligibility
You will remain in the same website.
Whether it's a home makeover or that dream holiday, M&S Bank offers personal loans from £1,000 to £25,000. Enjoy fixed interest rates, flexible repayment terms from 12 to 84 months, and the peace of mind that comes with no arrangement or setup fees
Check Your Eligibility
You will remain in the same website.
Here are some reasons why an M&S Bank Personal Loan might be just what you need:
Borrow £1,000–£25,000
Up to 84 months to pay
No arrangement fees
Fixed interest rates
Check Your Eligibility
You will remain in the same website.
Advantages and Disadvantages of the M&S Bank Personal Loan
Pros:
- Flexible Loan Amounts: Borrow between £1,000 and £25,000 to suit your needs.
- Fixed Interest Rates: Enjoy predictable monthly payments throughout your loan term.
- No Arrangement Fees: Apply without worrying about upfront costs.
- Flexible Repayment Terms: Choose repayment periods from 12 to 84 months.
- Overpayment Option: Make additional payments at no extra cost to reduce your loan balance.
- Quick Decision: Receive a decision on your application, often within minutes.
Cons:
- Eligibility Criteria: Must be 18+, UK resident, with a minimum annual income of £10,000.
- Credit Check Required: Application approval depends on your credit history.
FAQ
To be eligible, you must be 18 or over, a UK resident, and have a regular income. M&S Bank will also take a peek at your credit history—so if you’ve been dodging bills like a ninja, you might want to check your score first.
You can apply for a loan between £1,000 and £25,000, with repayment terms from 12 to 84 months. Whether it’s for a new car, home improvements, or just a “treat yourself” moment, there’s a loan amount to match.
If you’re approved, M&S Bank aims to transfer the funds the same day. No unnecessary delays—because let’s be honest, waiting for money is about as fun as watching paint dry.
Nope! No arrangement fees, no setup charges, no nasty surprises. However, if you decide to repay early, you might have to pay an early repayment charge (because, you know, banks still like to make a little extra).
Checking your eligibility won’t leave a mark, thanks to a soft credit check. But if you decide to go ahead with a full application, expect a hard credit check, which could give your credit score a temporary nudge.
Check out another tip for an excellent Personal Loan
Recommended Content
Cashfloat Bad Credit Personal Loan
Here your bad credit is not a problem! Fast approval, competitive rates, and no hidden fees—Premier banking, now with smarter borrowing.
Keep Reading
You will remain in the same website.