Support and information can be found on our Covid-19 support page.

To help assist you at peak times, we have updated our telephony opening times, please only call if it is urgent, so we can help those most in need. Please view our contact us page for our current opening times.

We're introducing an NHS and emergency services banking hour, from 6-7pm every day. We'd ask that customers avoid calling us for their routine banking needs during this time.

Personal loan rates table

Whether you’re looking for a £5,000 loan, a £10,000 loan or a £25,000 loan, one of the most important things you’ll need to consider is the potential interest rate you could pay over the duration of the loan period. Loan interest rates can vary depending on the amount you borrow and the loan term can also impact the loan rate you may be offered.

The table below outlines the illustrative APR and maximum APR you could pay if you apply and are accepted for an M&S Personal Loan:

Existing M&S Bank customers*

Loan amount Term (months) Illustrative APR Maximum APR
£1,000 - £2,999 12 - 84 19.8% 19.8%
£3,000 - £4,999 12 - 84 15.8% 15.8%
£5,000 - £7,499 12 - 84 4.4% 10.4%
£7,500 - £15,000 12 - 84 2.9% 8.9%
£15,001 - £20,000 12 - 36 3.0% 9.0%
£15,001 - £20,000 48 - 84 3.5% 9.5%
£20,001 - £25,000 12 - 60 6.8% 12.8%

New customers

Loan amount Term (months) Illustrative APR Maximum APR
£1,000 - £2,999 12 - 84 19.9% 19.9%
£3,000 - £4,999 12 - 84 15.9% 15.9%
£5,000 - £7,499 12 - 84 4.4% 10.4%
£7,500 - £15,000 12 - 84 2.9% 8.9%
£15,001 - £20,000 12 - 36 3.0% 9.0%
£15,001 - £20,000 48 - 84 3.5% 9.5%
£20,001 - £25,000 12 - 60 6.9% 12.9%

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.

*Existing loan, current account or cardholder (where you’re the main cardholder) with M&S Bank

Interested in taking out a personal loan?


Use our personal loan calculator to see how much your repayments are likely to be on the amount you would like to borrow.