Rooted in 19th century Halifax, Yorkshire Bank is a part of CYBG PLC alongside Clydesdale Bank and Virgin Money. Yorkshire bank offers loans, savings, mortgages, credit cards, and current accounts, as well as home, car, travel, and life insurance.
What loans can I get from Yorkshire Bank?
With Yorkshire Bank you can apply for a loan of between £1,000 and £35,000. This could be for anything from a holiday or wedding to debt consolidation and home improvements.
What interest rate will I get with a Yorkshire Bank loan?
Yorkshire Bank loans come with a fixed interest rate, which means the amount you’ll pay back every month won’t change. This can be good for helping you budget, as you’ll always know how much money to set aside to make your monthly repayments on time.
The maximum APR offered by Yorkshire Bank is 29.9% on loans between £1,000 and £25,000, while for loans between £25,001 and £35,000 the maximum APR is 12.9%. However, you should be aware that the advertised APR on any deal only has to be offered to 51% of successful applicants.
The actual rate you’ll receive will depend on other factors, such as the amount of money you’re borrowing, how long the term of your loan is, and your financial circumstances.
Representative example: If you borrow £5,000, you would make 36 monthly payments of £146.17. The total amount repayable is £5,262.28. Representative 3.4% APR, 3.4% (fixed) p.a..
How long do Yorkshire Bank loans last?
You can take out a Yorkshire Bank loan for anywhere between one and five years. Yorkshire Bank loans are flexible, which means you’ll be able to pay it off early – but there will be an early repayment charge if you choose to do this.
How to contact Yorkshire Bank
You can contact Yorkshire Bank via the following:
Customer service: 0800 456 1247
Personal loan enquiries: 0800 707 6471
Through their website
Drop in branch
How to apply for a Yorkshire Bank loan
You can apply for a Yorkshire Bank loan through the phone, online, or in person. If you do apply, be sure to have the following with you:
- Your address details covering the last five years
- Your bank details, including your sort code and account number
- Your current employer’s details, including their address and contact information
- Your monthly income and expenditures
- Proof of identity
How soon will I get my Yorkshire Bank loan?
If you have a current account with Yorkshire Bank, you’ll generally get the money as soon as your loan is approved. If you have a current account with another bank, it may take a couple of hours.
If your application is completed and accepted after 6:55pm, you should get the money by midday the next working day.
Do I qualify for a Yorkshire Bank loan?
In order to be eligible for a Yorkshire Bank loan, you must:
- Be 18 or over
- Have a permanent UK address
- Have a UK bank account
- Have a debit or credit card
- Have a good credit history
Compare loans with MoneySuperMarket
It’s easier to find a better deal on a personal loan when you compare on MoneySuperMarket. All you need to do is tell us a little about the loan you want, including how much you need to borrow and for how long.
Then we can give you a list of quotes tailored to your needs. You’ll be able to sort through by the interest rate and overall cost of the loan, as well as how likely you are to be accepted if you apply. Once you’ve found the right deal, simply click through to the provider to finalise your application.