Revolut
Borrow up to €30,000 with rates from 6.5% APR. Fast decisions, no fees, flexible terms and transparent repayments. Apply and access funds straight from the app.
The Revolut €5,000 personal loan is specifically tailored for residents of Ireland. With flexible borrowing up to €30,000, rates start at a variable APR of 6.5%. The application process is fully online and promises swift decisions. Loans can run from 1 to 5 years, with no hidden fees or charges.
To qualify, you must be over 18, an active Revolut customer for 30+ days, have your income paid into an eligible Irish account (Revolut, AIB, Bank of Ireland or Permanent TSB) for at least three months, and be living in the Republic of Ireland with a registered address and phone number.
How to Apply for a Revolut €5,000 Loan
Applying for this loan is simple:
- Open or update the Revolut app.
- Select ‘Accounts’, tap ‘Add new’, then choose ‘Credit’ to begin the application.
- Fill in the required details and submit the form.
- If approved, your funds will appear in your Revolut account.
Often, you’ll receive a decision within minutes, although some applicants may need to upload documents, such as payslips.
Pros of the Revolut €5,000 Loan
One key advantage is transparency—borrowers always see the total cost up front, with no hidden fees. Additionally, the application is fast and easily managed through a mobile app.
The APR from 6.5% is competitive for the Irish market, especially compared to some traditional lenders. There is a flexible choice of loan terms and amounts.
Cons of the Revolut €5,000 Loan
Eligibility criteria can be limiting if you receive income to non-partner banks like An Post, EBS, or Credit Unions. Only eligible for Republic of Ireland residents.
Also, approval is not guaranteed. Applicants with poor credit history are unlikely to qualify, and you’ll need to pass a credit check.
My Verdict
Overall, the Revolut €5,000 loan stands out for its transparent structure, competitive rates, and digital-first convenience. If you meet the eligibility requirements, it offers an appealing blend of speed and clarity. It’s an excellent option for Revolut users looking for fast, flexible personal loans in Ireland.