Rating based on 6 reviews

TSB Bank

Updated
  • Short-term loans up to £25,000
  • Low-interest starting from 2.8%
  • Repayment up to 5 years

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TSB Bank homepage
Author TSB Bank. Screenshot of TSB Bank website.
[Accessed May 16, 2023]

About TSB Bank

Get a tailored short-term loan from a bank that will take the time to listen to your situation and needs.

Their products are packed with features and great benefits to help you save, spend and reach your financial goals even in tough times because they are a bank that listens, understands, and cares enough to make it happen for you.

You can apply completely online at any time or you can do the application over the phone or at a branch between 8 am and 6 pm on Mondays to Fridays. If you want to apply at a branch, you can select your nearest branch and arrange an appointment online, making it quick and easy when you get there.

Low-interest short-term loans the UK

Access the funds you need today. For existing customers, meaning that you have been banking with them for at least 3 months you can receive the funds on the same day if you get approval before 6 pm. If not, an existing client you might only get the cash on the next day, still fast, right?

The great part is that you can get a quick online loan quote before you apply, this will not affect your credit score at all and it will give you a better idea of what loan amount and term you should be looking at.

Enjoy the great benefit of getting a payment break for two non-consecutive, one-month repayment holidays every 12 months. This is subject to approval and can be a very nice benefit especially after the holiday season for example.

TSB Bank Services

Obtain a personalized 5 star rated short-term loan to help you out with whatever you need it for.

You can borrow an amount between £1,000 and £25,000 over 1 to 5 years at an interest rate of 2.8% APR. If you are an existing customer, you might be able to qualify for an amount between £300 and £50,000 possibly over a longer period depending on your profile. This loan can help you out with short-term problems like quickly arranging a funeral, going on a holiday, buying a wedding dress or car finance, etc.

Insurance – get covered

They have different types of comprehensive insurance for you to be protected for when life, storms, fire, theft, death, or disability happens.

  • Home insurance
  • Travel insurance
  • Life insurance
  • Gadget insurance

Get the right savings plan for you

Access a variety of savings plans tailored to your budget and ability to save. You can either choose a fixed deposit plan where you can also earn some interest while you save or you can get an instant access saving plan that will allow you to access your money at any time while you save.

TSB Bank – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 2.8%
  • Loan Amount up to £25,000
  • Repayment 1 year to 5 years

Benefits of TSB Bank

  • Low interest rates
  • Flexible repayment terms
  • Fast and easy online application

Short-term loan calculator

£
The interest rate of a loan will vary based on your credit score and risk profile.
This short-term loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

TSB Bank can help you get a loan conveniently online

They have a variety of credit cards for your everyday use that will enable you to borrow money and put it back quickly if you don’t want to pay interest on the borrowed amount.

This is a great option to use as a backup fund if you don’t have savings to rely on when life happens. 

Check the list before you apply:

  • You must be 18+.
  • I am a UK resident.
  • Have a current account.
  • Have an income.

The application process: 

  1. Their online loan application will only take about 20 minutes. You’ll need to answer a few basic questions about the purpose of your loan, your income, and expenses, where you live, and who you are.
  2. They will almost immediately come back to you with an answer and might ask you for more information if needed.
  3. If you’ve had a current account with them for at least 3 months and you’ve been approved before 6 pm you will directly receive the cash into your account, otherwise, you can expect to have the funds on the next day.  

They don’t accept loans for the following: 

  • Share purchases or gambling.
  • Illegal purposes such as drug-related activities or racketeering.
  • Business purposes
  • Refinancing of a loan that was arranged through the Student Loans Company.
  • Buying a property or timeshare or land.
  • Paying off an existing mortgage, ground rent, or service charges.

Benefits of getting a short-term loan with TSB

  • Unsecured short-term loans.
  • Affordable repayments.
  • Quick approval.
  • Flexible repayment terms.
  • Great features and innovative tools can help you to manage your loan better.
  • Access a personalized 5 star rated loan.

Customer Reviews & Testimonials

November 2020

A great bank that cares about the people of the UK.

Wilson P
— York —

January 2021

They are super fast and helpful and you can get a quote without affecting your credit score, highly recommend them.

Davies F
— London —

May 2020

They gave me something I can easily afford and it was also exactly the amount I needed to get my car fixed in time. Thank you TSB.

Smith J
— Leeds —

TSB Bank Contact

Physical Address

  • Henry Duncan House, 120 George St, London Edinburgh EH2 4LH United Kingdom
  • Get Directions

Opening Hours

  • Monday 08:00 – 18:00
  • Tuesday 08:00 – 18:00
  • Wednesday 08:00 – 18:00
  • Thursday 08:00 – 18:00
  • Friday 08:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed