National Westminster Bank, NatWest for short, offers personal loans that can amount to £50,000 that borrowers can get as early as the following day. Borrowers can use the money for various needs like emergency expenses, home improvement, car purchase, vacations, weddings, and debt consolidation.

NatWest has a full-featured website that allows borrowers to get a loan quickly. The site has an online calculator which shows aspiring borrowers the monthly repayments and corresponding interest that they need to pay. It also has a loan management page to help customers manage their finances. Moreover, the bank also gives borrowers the option to top up their existing loan or take a new loan alongside the one they currently have.

Application Process

Only NatWest current account holders (at least three months) and mortgage or credit card customer (at least six months) can apply for the NatWest personal loan. They can request online through Online Banking or the bank’s Mobile App. To qualify, aspiring borrowers must be 18 years old or over and UK residents.

Applicants should not have declared bankruptcy in the last six years and have not availed a personal loan with the bank within the last 28 days. The bank also restricts customers from borrowing money for unacceptable loan purposes such as starting a business, buying a house or car tax.


Customers can borrow from £1,000 to £50,000 which they can pay in 1 to 8 years. The bank can only grant a specific loan amount depending on the customer’s income and credit history.

Fees and Interest Rates

NatWest Personal Loan does not charge an origination fee. But borrowers should take note that the bank can charge up to 58 days’ interest if borrowers make an early settlement. It has a variable annual interest of 3.4% to 24.9%, which will be based on the amount of the loan, repayment terms and the financial capacity of the borrower.

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A Filipino-Chinese, Maricar Sze is highly educated and well travelled. With a Bachelor of Science in Computer Studies majoring in Information Technology. She is a business owner providing services to small to medium businesses in Australia. In earlier years, Maricar worked for American companies Verizon and MCI in Technical Support activities. Over some 8+ years in the SEO industry, Maricar is also a Google Certified Ads Specialist. With skills and expertise, she is responsible for shaping and implementing website optimisation, content marketing, PPC and quality measures for digital campaigns. Other interests include travelling, watching Netflix, and frequently volunteers at children hospitals or shelters.