New low cost loans from TSB whilst Tesco Bank launches 28 months 0% on purchases

It’s been a good week so far for borrowers with two new best buy deals launched in the last couple of days.

Tesco Bank is now offering a credit card with 28 months interest free on purchases – a great option if you’ve got a major purchase planned and want to spread the cost without it hitting you in the pocket.

On the personal loans front, TSB has made an aggressive move by lowering the interest rate on its loans of between £7,500 to £14,999 to just 3,2% APR representative. This is equal lowest in the UK alongside Ikano Bank and on a loan of £7,500 over 3 years will cost you £218.62 per month to repay.

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