PTSB Personal Loan
Low interest rates from 5.99% APR, flexible terms up to 10 years, fast decisions and funds paid instantly for PTSB customers.
Introducing the PTSB Personal Loan
The PTSB Personal Loan offers a competitive variable interest rate starting from as low as 5.99% APR, among the best available for loan amounts up to €75,000.
Loan terms range from one to ten years, depending on your needs and the purpose of your loan. For amounts above €10,000 used for home improvements, the maximum term stretches to 10 years for increased flexibility.
PTSB current account holders can enjoy instant online or mobile app approvals, with funds paid directly if approved. The minimum loan amount is €1,500 and the maximum is €75,000.
Bear in mind, lending criteria, affordability checks, and terms and conditions apply. Variable rates mean your repayments can fluctuate over time.
Security or additional documentation may occasionally be required depending on your circumstances.
How to Apply: Step by Step
Applying for a PTSB Personal Loan is a breeze. If you’re an existing PTSB customer, simply log in to Open24 Online Banking or use the PTSB mobile app to begin your application.
For those who are not PTSB customers, you can call or visit your nearest branch where a staff member will guide you through the process and share what documents are required.
Basic eligibility requires you to be over 18 and able to demonstrate affordability. You will be asked for details on your income, expenses, and possibly some supporting documents.
If you’re a current account holder with your salary paid in, approval can take just minutes, with same-day drawdown available.
Otherwise, approvals are typically prompt, subject to the completion of all checks and submission of any necessary documentation.
Pros of the PTSB Personal Loan
One significant advantage is the low representative APR, which starts at just 5.99% for loans over €25,000, making borrowing more affordable for larger purchases or consolidation.
Fast application and approval—especially for PTSB account holders—mean you won’t be left waiting long to access your funds, and flexible repayment options let you plan your budget confidently.
Cons of the PTSB Personal Loan
Not everyone can access instant funds; those without a PTSB current account or regular salary payments may face delays and extra checks.
Variable interest rates can also mean your repayments might increase over time, so budgeting for the full loan period requires attention.
Our Verdict
Overall, the PTSB Personal Loan stands out for its competitive rates, rapid loan approval for existing customers, and flexible terms—making it a compelling option in Ireland’s personal lending market.
While variable rates and some account requirements are worth considering, the low entry point and ease of access make this loan ideal for many borrowers seeking reliable finance solutions from a well-known Irish bank.