Tesco Bank Personal Loans
Personal loans from £1,000 to £25,000 earning Clubcard points. Competitive rates for Tesco customers. Early repayment option.
Last checked on September 4, 2026. We may earn a commission when you click through.
Tesco Bank Personal Loans
Updated 1 month agoAPR Range
6.0–19.9%
Amount
£1k–£35k
Term
12–84 months
Type
Personal
You'll be redirected to tescobank.com
Our Verdict
Tesco Bank Personal Loans offer competitive rates for Clubcard members, making them a viable option for those seeking personal loans in the UK.
Best For
Best suited for Tesco customers looking to earn Clubcard points while borrowing, with flexible repayment options.
Watch Out
The APR can be quite high for non-Clubcard members, and a good credit score is required to access the best rates.
Full Review
Tesco Bank Personal Loans cater primarily to existing Tesco customers, providing loans ranging from £1,000 to £25,000, with competitive rates starting at 6.0% APR for Clubcard members borrowing between £7,500 and £25,000. One of the standout features of these loans is the ability to earn Clubcard points, which can enhance the value of your borrowing if you frequently shop at Tesco. The loans come with flexible terms from 1 to 7 years, allowing borrowers to tailor their repayment schedules to fit their financial circumstances.
However, it’s important to note that the lowest rates are only available to those with good credit scores (700+), which may exclude some potential borrowers. Additionally, the APR can rise significantly to 21.9% for those without Clubcard membership or with lower credit ratings. This could make the loans less appealing compared to other lenders who might offer more competitive rates across a broader range of credit profiles.
Overall, while Tesco Bank Personal Loans have their advantages, especially for loyal Tesco shoppers, borrowers should carefully assess their credit standing and compare offers from other lenders before committing.
Requirements
- 18+
- UK resident
- Eligibility checker available
- Soft search available
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