M&S Personal loans

How much do you want to borrow?



Over how many months?



Existing customerFootnote 1

Footnote 1[1] Enhanced rates on certain loans may be available to customers with an existing M&S loan or card (where you’re the main cardholder).

Customers who do not meet our normal criteria may be offered a different APR to our standard rates. The amount and term you request will also impact the rate offered.

View more information on our loans rates and tiers

Representative example

Borrowing over months:

  • Monthly repayment £179.94
  • Total amount payable £10,796.40
  • Representative 3.1% APR
  • Interest rate of 3.1% p.a. (fixed)

Benefits of an M&S Personal Loan

  • Borrow between £1,000 and £25,000
  • Repay your loan over a period of 12 to 84 months
  • No arrangement or set-up fees

Credit subject to status to UK residents only. To apply you must have an annual income of at least £10,000 and be aged 18 or over. The loan amount and term you request will also impact the rate offered.

Features and benefits

Fixed monthly repayments

A personal loan from M&S Bank offers fixed monthly repayments, over a fixed period of time, making it easier for you to manage your money.

Preferential rates

Our loan rates are competitive for all customers, but M&S Bank main cardholdersFootnote 1* and existing loan customers could get an even better rate on selected loan amounts.

Loan eligibility checker

Before you apply you can check to see the lending terms you might receive on your unsecured loan, without affecting your credit rating, by using our personalised loan quote toolabout a personalised loan quote tool.

To apply for an M&S Loan, you must have an annual income of at least £10,000, be a UK resident and be aged 18 or over. Customers who do not meet our normal lending criteria may be offered a loan at a different APR. This will depend on your personal circumstances. The loan amount and term you request will also impact the rate offered.

Footnote 1* [1] M&S main cardholders include M&S Credit Card, M&S Chargecard and M&S Budgetcard.

A personalised loan quote is a quotation search of your credit file at a credit reference agency and this search does not affect your credit rating.

FAQs

How can I view the remaining balance on my M&S Loan?

If you call us on 0800 363 400 we'll be happy to provide you with your remaining loan balance details.

I have an existing M&S Loan can I take out a second M&S Loan?

This may be possible. There are options to take a second loan or arrange a new loan which will repay your existing M&S Loan and provide you with the additional borrowing that you require. You would need to call us on 0800 363 400 to go through an application which involves a credit check and an assessment of your individual financial circumstances.

Where can I find my loan settlement figure?

To find out your M&S Loan settlement figure you'll need to call us on 0800 363 400.

Can I make overpayments?

You can make overpayments which may reduce the amount of interest that you pay.

If you have an existing loan and wish to make additional payments you’ll need to call us on  0800 363 400.

Ready to apply?

Applyfor the M&S Credit Card Shopping Plus offer