PTSB Personal Loan
Enjoy instant online approval, flexible terms up to 10 years, competitive variable rates as low as 5.99% APR, and quick funds to your account if approved.
PTSB offers an attractive personal loan product for those in Ireland seeking flexible terms and quick approval. The lowest rates currently start at 5.99% APR for borrowings from €1,500 up to €75,000. Repayment terms range from 1 to 10 years, making it suitable for a wide variety of personal needs, from new cars to home improvements. Current account holders benefit from fast online or in-app approval and can have funds transferred instantly upon approval. Rates are variable and subject to PTSB’s review, with a maximum APR of 8.8%. Borrowers must be over 18, and loans from €1,500 can be arranged online or in-branch.
How to Apply for a PTSB Personal Loan
- Choose the loan amount (minimum €1,500, up to €75,000)
- Complete the quick online or in-app application if you have a PTSB current account
- Receive instant approval if eligible, or get a callback for loans over €30,000
- Non-PTSB customers can apply by phone or in-branch
- If approved, electronically sign the agreement and receive your funds
Pros of the PTSB Personal Loan
One of the main advantages of PTSB’s personal loan is the speed of approval, especially for existing customers. Funds can be in your account within minutes.
Additionally, borrowers enjoy competitive rates (as low as 5.99% APR) and flexible repayment terms tailored to various financial needs.
Cons of the PTSB Personal Loan
Variable interest rates mean repayments can increase during the loan term, which may not suit those looking for completely fixed monthly payments.
Furthermore, online approval is only available to PTSB current account holders, so new customers will have a slightly longer application process.
Our Verdict
PTSB Personal Loans stand out for their fast approval, competitive rates, and flexible terms. They are especially beneficial for those already banking with PTSB. However, non-customers might need more time to complete the process, and the variable rates can go up or down with the market. For many borrowers in Ireland, this offer presents an appealing and user-friendly lending solution.