Royal Bank of Scotland Existing Customer Personal Loan
OUR RATING
Loan Amount
Total Payable
Monthly Repayment
Representative APR
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Our Verdict
RBS offers unsecured personal loans up to £50,000 with repayment terms of up to 10 years making them a suitable option for home improvement loans. Interest rates are competitive, but an early repayment fee may apply, so it's important to review the terms. Despite the fee, early repayment could reduce the total cost of borrowing over time.
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 | Royal Bank of Scotland |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Effective |
| Minimum Loan Amount | £1,000.00 |
| Maximum Loan Amount | £50,000.00 |
| Minimum Loan Term (months) | 12 |
| Maximum Loan Term (months) | 120 |
| Customer Type | Existing Customers only |
| Relationship | Royal Bank of Scotland account for at least 3 months required. |
| Acceptance Criteria | UK Resident with a Royal Bank of Scotland current account. You must not have been declared bankrupt in the last six years and have not applied for a loan with Royal Bank of Scotland in the last 28 days. |
| Minimum Age | 18 |
| Maximum Age | 70 |
| Debt Consolidation Limit | £50,000.00 |
Important: When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
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Representative 18.6% APR
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Mintify Limited, trading as Mintify, is an Appointed Representative of Creditec Limited who is acting as a credit broker, not a lender.
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