Tesco Bank Clubcard Personal Loan
OUR RATING
Loan Amount
Total Payable
Monthly Repayment
Representative APR
Representative example will update based on your input.
Our Verdict
Tesco offers unsecured personal loans with competitive interest rates, even on lower loan amounts over shorter terms where APRs are typically higher. Clubcard members may benefit from even lower rates on loans between £7,500 and £25,000 over 1 to 5 years. Loan terms are available up to 10 years, making these loans suitable for larger borrowing needs such as home improvements. If applying online, funds are typically sent the same day via Faster Payments once the loan agreement is signed.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
| Issuer | Tesco Bank |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Daily |
| Minimum Loan Amount | £3,000.00 |
| Maximum Loan Amount | £35,000.00 |
| Minimum Loan Term (months) | 12 |
| Maximum Loan Term (months) | 120 |
| Customer Type | New or Existing Customers |
| Relationship | Clubcard Cardholders only |
| Acceptance Criteria | UK Resident; you will be asked some questions about your circumstances to check if you can be offered a loan. |
| Minimum Age | 18 |
| Maximum Age | 74 |
| Debt Consolidation Limit | £35,000.00 |
Important: When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
Get Personalised Loan Rates
Find lenders that can approve you
Options for all credit backgrounds
Representative 18.6% APR
No impact to your credit score
Mintify Limited, trading as Mintify, is an Appointed Representative of Creditec Limited who is acting as a credit broker, not a lender.
Lendable Ltd: Who they are, the products they offer, and customer reviews
Lendable Ltd is the regulated fintech behind Zable and thimbl credit cards in the UK. Understand who they are and ...
Thimbl credit card review 2025: Features, eligibility and how it works
Thimbl is a credit builder card backed by Lendable Ltd and designed for people with limited credit history ...
Zable Credit Card Review: Is it legit, safe, and worth it?
Read on as we explain how the Zable credit card works, who it's for and how to apply ...