Tesco Bank has launched a new range of personal loan products for Clubcard and non-Clubcard customers.
Customers can apply for loans from £5,000-9,999 at 3.3% APR (loan terms of one to seven years) or £10,000-25,000 at 3.1% APR (same loan terms).
Borrowers can make fixed monthly payments and there are no set-up charges.
Eligible customers have the option to apply for a payment break at the start of the loan.
David McCreadie, managing director at Tesco Bank, said: “We know that for some customers a personal loan is the most cost-efficient approach to managing their money or to finance a car or home improvement.
“Our new range of personal loan products offer customers some of the most competitive rates on the market and I'm delighted that they are available to apply for from today.”
Tesco Bank recently announced that it would be relaunching its digital wallet app and a new feature to help customers who lose or have their credit card stolen.
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