M&S Bank Personal Loan
Marks & Spencer's banking arm offered personal loans with competitive rates. Product discontinued — M&S Bank no longer offers personal loans.
Last checked on May 17, 2026. We may earn a commission when you click through.
Unfortunately, M&S Bank has discontinued its personal loan offerings, leaving borrowers without this option.
M&S Bank Personal Loan
Updated 29 minutes ago| APR | Amount | Term |
|---|---|---|
| 6.0–19.9% | £1,000–£25,000 | 12–60 mo |
Requirements
UK resident
18+
M&S Rewards card for bonus points
Decision
Same dayOur Verdict
Unfortunately, M&S Bank has discontinued its personal loan offerings, leaving borrowers without this option.
Best For
This product was previously suitable for those seeking flexible personal loans up to £25,000.
Watch Out
Since the product is discontinued, potential borrowers should explore alternatives from other lenders.
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About this loan
Marks & Spencer's banking arm offered personal loans with competitive rates. Product discontinued — M&S Bank no longer offers personal loans.
What Customers Say
Customer feedback highlighted the quick approval process but dissatisfaction with the product's discontinuation.
Expert Analysis
The discontinuation of M&S Bank's personal loans, effective May 9, 2026, leaves many seeking competitive options without a familiar choice. Previously, loans ranged from £1,000 to £25,000 with interest rates between 6.0% and 19.9% APR. Customers could expect same-day approval, making it a convenient option for urgent needs.
While the M&S Rewards card provided bonus points for loyal customers, the lack of ongoing support means borrowers will need to consider other banks that offer similar perks. Competitors like Barclays and Lloyds still provide personal loans with varying terms and competitive rates.
With M&S Bank no longer in the market for personal loans, customers should carefully evaluate alternatives. Look for lenders that offer transparency in fees, straightforward application processes, and robust customer service to avoid hidden pitfalls.
Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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