Nationwide Personal Loan
Nationwide offers personal loans from £1,000 to £50,000 with fixed repayments and a representative APR of 5.9%. Membership is required to apply.
Last checked on October 16, 2026. We may earn a commission when you click through.
Nationwide Personal Loan
Updated 2 hours agoAPR Range
5.5–19.9%
Amount
£1k–£25k
Term
12–60 months
Type
personal
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Our Verdict
Nationwide's personal loan is for existing members, providing fixed repayments and same-day approval. However, it requires a Nationwide account, which may limit accessibility for new customers.
Best For
Nationwide members looking for a personal loan with fixed payments and .
Watch Out
Requires you to be a Nationwide member, which excludes potential borrowers who are not yet customers.
Pros
- Fixed repayments with no hidden fees
- Same-day approval for eligible applicants
- Useful acceptance indicator prior to applying
Cons
- Requires a Nationwide account to apply
- Potentially higher rates for some applicants
- Maximum loan amount may be insufficient for larger needs
Full Review
With rates ranging from 5.5% to 19.9% APR, Nationwide's personal loan caters to a variety of financial needs. The fixed repayments mean that borrowers can budget effectively without surprises from hidden fees. The acceptance indicator allows potential applicants to gauge their eligibility before a credit check, which is a useful feature.
However, this loan is primarily for existing Nationwide customers, which can be a drawback for prospective borrowers. Those without a Nationwide account cannot apply, limiting the product's appeal. the maximum loan amount of £25,000 is lower than some competitors, which may not meet the needs of larger projects.
In terms of user experience, the application process is and provides quick feedback on eligibility. Yet, some may find the approval time may not be as rapid as advertised, particularly if further documentation is required. Overall, this loan could be a good fit for those who already bank with Nationwide and need a reliable lending option.
Who Is This For?
Existing Nationwide members seeking personal loans for expenses or projects with clear repayment terms.
What Borrowers Say
Borrowers appreciate the straightforward application process and fixed repayments but express concern over the membership requirement.
Summary
Nationwide offers personal loans between £1,000 and £25,000 with terms of 12 to 60 months and a representative APR of 5.9%.
About This Loan
Requirements
- UK resident
- 18+
- Nationwide member
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