Personal Loan rates and details

Borrow £1,000 to £25,000 over 1-5 years with our personal loans - available just for members. Plus, if your main current account is with us, you could get a rate at least 1% APR lower than equivalent rates for all other members.

If you’re not a member already, you’ll need to have a current account, mortgage or savings account with us before you can apply.

Find out more about membership

Are you a Nationwide member?

Is your main current account with Nationwide?

Representative Example

3.4% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 3.4% p.a. (fixed). Monthly repayment £181.24. Total amount payable £10,874.40.

Loans Summary Box

Key information for our Personal Loan
Key information for our Personal Loan from £1,000 up to £25,000 for up to 5 years for our main current account customers 
Representative APR

3.4% APR Representative (fixed) for our main current account customers*. If your application is successful, the interest rate you pay is based upon your personal circumstances, the time period over which the loan is repaid, and the amount you choose to borrow.

Interest rate ranges for 1-5 years

When your main current account is with us, you’ll get a rate that’s at least 1% APR lower than equivalent rates for all other members.

You need to be a Nationwide member to take out a personal loan. That means you have a current account, mortgage or savings account with us.

Loan Size Range
Loan Size Range From (%) To (%) Representative APR (%)
£1,000 - £2,999 13.9% 18.9% 13.9%
£3,000 - £4,999 10.7% 18.9% 10.7%
£5,000 - £7,499 4.5% 18.9% 4.5%
£7,500 - £15,000 3.4% 18.9% 3.4%
£15,001 - £20,000 3.9% 18.9% 3.9%
£20,001 - £25,000 3.9% 18.9% 3.9%
Interest charging information
Interest charging information
Type of interest on my loan? Fixed rate
Basis of interest calculation? Daily in arrears
Repayment information
Repayment information
What is the method and frequency of repayment? Monthly by Direct Debit
When is my first monthly payment due? 1 month after loan issue
Can I take a payment holiday? No
Can I defer the payments at the start of my loan? No
Repayment period
Repayment period Loans are available between 1 and 7 years
Amount of loan available Loans are available from £1,000 to £25,000 in £50 multiples
Application/Arrangement fee None
Other fees None
Default fees None
Early settlement You can at any time repay the full amount outstanding under your agreement. If you want to do this please contact us on 0800 545 3000 and we will give you your settlement quote along with your options on how to make payment.

What can you afford?

Before applying for a Loan it's important you take into account your individual budget and what you can afford to pay back each month. For help planning your budget, you may want to use our handy budget calculator. 

Looking for a loan for more than 5 years?

If you need a Personal Loan for longer than 5 years, you'll need to provide us with a few details so that we can give you a personalised loan quote. Please click apply now (or retrieve a quote you've started) to begin the online application. You'll be offered a no-obligation personal loan quote that won't affect your credit rating. 

Representative example

4.6% APR representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 4.6% p.a. (fixed). Monthly repayment £186.46 Total amount payable £11,187.60

Loans Summary Box

Key information for our Personal Loan
Key information for our Personal Loan from £1,000 up to £25,000 for up to 5 years for members who are not main current account customers 
Representative APR

4.6% APR Representative (fixed) for members who are not main current account customers. If your application is successful, the interest rate you pay is based upon your personal circumstances, the time period over which the loan is repaid, and the amount you choose to borrow.

Interest rate ranges for 1-5 years

You need to be a Nationwide member to take out a personal loan. That means you have a current account, mortgage or savings account with us.

Loan Size Range
Loan Size Range From (%) To (%) Representative APR (%)
£1,000 - £2,999 14.9% 19.9% 15.0%
£3,000 - £4,999 11.7% 19.9% 11.8%
£5,000 - £7,499 5.5% 19.9% 5.5%
£7,500 - £15,000 4.4% 19.9% 4.6%
£15,001 - £20,000 4.9% 19.9% 5.1%
£20,001 - £25,000 4.9% 19.9% 5.1%
Interest charging information
Interest charging information
Type of interest on my loan? Fixed rate
Basis of interest calculation? Daily in arrears
Repayment information
Repayment information
What is the method and frequency of repayment? Monthly by Direct Debit
When is my first monthly payment due? 1 month after loan issue
Can I take a payment holiday? No
Can I defer the payments at the start of my loan? No
Repayment period
Repayment period Loans are available between 1 and 7 years
Amount of loan available Loans are available from £1,000 to £25,000 in £50 multiples
Application/Arrangement fee None
Other fees None
Default fees None
Early settlement You can at any time repay the full amount outstanding under your agreement. If you want to do this please contact us on 0800 545 3000 and we will give you your settlement quote along with your options on how to make payment.

What can you afford?

Before applying for a Loan it's important you take into account your individual budget and what you can afford to pay back each month. For help planning your budget, you may want to use our handy budget calculator. 

Looking for a loan for more than 5 years?

If you need a Personal Loan for longer than 5 years, you'll need to provide us with a few details so that we can give you a personalised loan quote. Please click apply now (or retrieve a quote you've started) to begin the online application. You'll be offered a no-obligation personal loan quote that won't affect your credit rating. 

Our loans are only available to members. You’re a member when you have a current account, mortgage or savings account with us.

Find out more about membership

Take out a Nationwide Personal Loan today

Available just for members

If you have any questions about an application you have already made online, please call 0800 30 20 10 and select option 5.

All unsecured loans are subject to status and are available to UK residents aged 18 to 79 only. In order to be eligible to apply for a Nationwide Personal Loan, you will need to have a net monthly income of £700+. Nationwide Personal Loans cannot be used for business, investment or speculative purposes, as a bridging loan or a mortgage deposit or to purchase or retain an interest in land.