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Holiday Loans

A helping hand to get you to
your dream destination

Representative 3.9% APR

About our personal loans

You can apply online or via our app and get a decision in minutes*

You'll be given a personalised rate depending on your circumstances and how much you want to borrow

You can repay your loan early. Repayment charges apply**

You could have the funds the next working day if you use Digital Banking, apply and are unconditionally accepted before 5.55pm Monday - Thursday

Loan repayment terms

This is the length of time you can take a loan over, depending on the amount you're borrowing and what it will be used for.

Loan calculator

Home improvement loans are available over an extended term, up to 10 years.

How much would you like to borrow?

How long would you like to repay?

20 Months

Representative Example

Borrowing

£7,500

Over

0 months

Monthly Repayment

£137.55

Total Repayment

£8,253.00

Representative

3.9

% APR

(Annual Percentage Rate)
Interest rate

3.9

% p.a

(Fixed)

The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator. 

A handy explanation of APR

Find a little flexibility with our repayment holiday

When you apply for a loan, based on your circumstances, we might give you the opportunity to defer your first repayment. 

  • It's only available at the start of your loan term
  • You can defer your first loan repayment for a three month period
  • If this option is available to you, we'll show the details of your repayment holiday during the quote stage of your application

Next steps

Start your application

Use our Quick Quote tool to see how likely you are to be accepted for a loan or go straight to 'Ready to apply'.

Get a decision

In most cases you'll know in a matter of minutes if you've been accepted.

Money in your account

If you use Digital Banking, apply and have your loan unconditionally accepted before 5.55pm Mon - Thurs, the funds will be paid into your account the next working day.

Find out if you're likely to be approved

Don't worry, there's no impact on your credit rating.

If you meet our eligibility criteria, we'll show you how much you may be able to borrow, your personalised interest rate and monthly payments. 

If you're approaching retirement, please call us or visit a branch rather than using this tool.

What type of borrowing is right for me?

Depending on what you need money for, a credit card or overdraft might be a better option than a loan. Our Borrowing Options tool will help you figure out what type of lending will suit you best. 

Let's get ready to apply

Before you apply, we need to check you're happy with a few things.

First, you can apply online if you:

  • are 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months).
  • have not been declared bankrupt in the last 6 years
  • have not applied for a personal loan with us within the last 28 days

Now please read a few other important things:

Ready to apply?

Do you have Royal Bank of Scotland digital banking?
If you know your digital banking details we can pre-fill some of your information - making the application process faster.
Are you applying on your own?

Great, let's get started!

Just a heads up - you'll need your Digital Banking login details at the next step.

Great, log in to get started!

Just a heads up – you’ll need your digital banking log in details at the next step.

Let’s get you signed up for Digital Banking

You’ll need to sign up for digital banking with us in order to apply for a loan. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your Royal Bank of Scotland Debit Card, if you have one.

 

Once you’ve registered, select ‘next’ to log in and apply for a loan.

Are you applying on your own?

Fantastic, you're all set!

Just a heads up – you’ll need your digital banking log in details at the next step.

Fantastic, you're all set!

Just a heads up – you’ll need your digital banking log in details at the next step.

Anything else we can help you with?