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Five star loan from Tesco Bank

Five star loan from Tesco Bank

Category: Loans

Updated: 11/01/2018
First Published: 10/01/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Tesco Bank has stolen a march on its unsecured loan rivals with its latest product changes.

Borrowers wanting a loan between £7,500 and £14,999 have particular reason to celebrate after Tesco reduced their loan rate in this bracket by 0.2%.

As a result, new customers now have to pay 7.4% APR, while existing customers pay just 7.3% APR.

Riding very high in our personal loan best buy charts.

Tesco Bank earns the maximum five out of five Moneyfacts stars.

Compare personal loan repayments and interest with our easy-to-use personal loan calculator

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.