Millions of Nationwide Building Society members across the UK have received a direct alert from the high street giant, highlighting a personal loan offer with predictable monthly repayments starting from just over £190.
What the Nationwide Loan Offer Includes
The society, which is the world's largest building society, has contacted its customer base via email to promote its loan service as a "predictable way to plan ahead" for larger expenses. The communications, sent out in early January 2026, emphasise the stability of fixed repayments that are guaranteed not to change for the duration of the loan agreement.
Key features promoted in the offer include no setup fees and no charges for early repayment, providing flexibility for borrowers. The emails suggest that a loan could be a suitable option for those looking to spread the cost of significant life purchases.
Representative Example: £10,000 Over Five Years
Nationwide provided a clear example for customers considering the offer. For a loan of £10,000 repayable over five years at a representative APR of 5.6%, monthly repayments would be slightly above £190.
Over the full term, the total amount repayable would be £11,449.80. It is crucial to note that this rate is representative, meaning the actual APR offered will depend on an individual's financial circumstances and credit assessment.
How to Get a Quote and Apply
Nationwide is encouraging members to explore their options with a key benefit: obtaining a personalised loan quote will not affect their credit score. This 'soft search' facility allows people to check potential rates and monthly amounts without any impact on their credit file.
However, the society clarifies that if a customer decides to proceed with a full loan application, a formal credit check will be conducted, which could affect their credit score.
Members can get a quote through multiple channels:
- Via Nationwide Internet Banking.
- On the official Nationwide mobile app.
- By calling the dedicated phone line: 0345 266 1498.
The offer is available for loans between £7,500 and £25,000, with repayment terms ranging from one to five years. Nationwide confirms that the final interest rate may vary based on the amount borrowed and the chosen loan term.
