Asda Money Personal Loans
Personal loans from £1,000 to £25,000 with no arrangement fees. Existing Asda Money customers may access preferential rates.
Last checked on May 10, 2026. We may earn a commission when you click through.
Asda Money offers personal loans with competitive rates, but eligibility is limited to those with good credit scores.
Asda Money Personal Loans
Updated 6 days ago| APR | Amount | Term |
|---|---|---|
| 6.9–19.9% | £1,000–£25,000 | 12–60 mo |
Requirements
—Decision
—Our Verdict
Asda Money offers personal loans with competitive rates, but eligibility is limited to those with good credit scores.
Best For
Ideal for existing Asda Money customers who may benefit from preferential rates and no arrangement fees.
Watch Out
Only applicants with a credit score of 700+ are likely to qualify for the best rates, which means some may be disappointed.
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About this loan
Asda Money offers personal loans with competitive rates, but the minimum credit score requirement may limit accessibility for some borrowers.
Expert Analysis
Asda Money provides personal loans ranging from £1,000 to £25,000 with an APR starting at 6.9%. This is appealing for those who need funds for personal projects, though the upper limit of 19.9% APR can be a burden for some borrowers. Approval is generally swift, especially for existing customers, but new applicants may face tougher scrutiny depending on their credit score.
While the no arrangement fee is a positive aspect, the requirement for a good credit score (700+) may exclude many potential borrowers. If your credit score is below this threshold, you might find more competitive options elsewhere, such as with lenders like Zopa or Ratesetter, which cater to a wider range of credit profiles.
Customer service reviews are generally favourable, but it's advisable to check user feedback for real-world experiences. Hidden fees or additional charges have not been prominently reported, but always read the fine print. Overall, Asda Money's offering is strongest for those already in their customer ecosystem and meeting the credit criteria.
Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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