Revolut
Borrow €5,000 with flexible terms and variable rates from 6.5% APR. Fast in-app approval and total transparency with no hidden charges.
If you’re considering a personal loan in Ireland, the Revolut €5,000 loan could be worth your attention. With variable APR rates starting from a competitive 6.5% and terms up to five years, this offer promises flexibility for a range of needs. Applicants can borrow between €1,000 and €30,000, with monthly repayments and absolutely no hidden fees—everything is presented up front in-app before you accept.
How to Apply: Step by Step
- Update your Revolut app to the latest version and sign in.
- Select “Accounts” from the dropdown, tap “Add new,” then choose “Credit.”
- Fill in the simple application form in the app.
- Wait a short time for a decision and accept the offer if approved.
- The funds are credited to your account instantly once you accept!
Pros of the Revolut €5,000 Loan
Revolut stands out for its fast and seamless digital approval process—no need to visit a branch. You get a clear breakdown of repayments and interest in the app, with no surprise charges.
Moreover, flexible loan amounts and adjustable terms make this loan adaptable for personal projects, car purchases, or consolidating debts. You also benefit from short waiting times for credit decisions.
Cons to Consider
Eligibility is restricted to full-time Republic of Ireland residents who are existing Revolut customers and have their salary or pension paid into a supported Irish bank account.
Another consideration is that rates are variable. Depending on your credit score and financial situation, you may not qualify for the lowest advertised APR. Those with poorer credit could be declined.
Verdict: Should You Apply?
If you meet the requirements and appreciate digital banking convenience, Revolut’s €5,000 loan could be the right fit. Its transparency on fees and fast access to funds are big pluses.
However, if you’re not already a Revolut customer or if you have a lower credit score, keep in mind you might need to consider other providers. Always compare options for the best loan for your needs.