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Holiday loans
A holiday loan is a personal loan that you can use to pay for your holiday or travel plans. It could help spread the cost for things like flights and accommodation.
Apply nowImportant information: How much we lend and the rate available are dependent on our assessment of your circumstances. You must be age 18 or over and a UK resident. You must have had a Lloyds Bank current account for at least one month.
Get a quote for a holiday loan
Tell us how much you want to borrow and over how long to get a quote. This won't affect your credit score.
If you go on to apply, you’ll get a loan decision online.
Let’s look at the details
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Using a loan to pay for your holiday depends on your individual circumstances. Will you be able to afford to pay the loan back, taking into account any interest and fees? Would another borrowing option be cheaper or more suitable for you?
You can get a personalised quote by logging on to Internet Banking.
Usually, the cheapest way of paying for a holiday is by saving up as much as you can afford to before you leave. This may mean you need to borrow less, or not at all.
If you do want to borrow money to help pay for your holiday, there are other options available. It is important to select the one that suits your needs. View our borrowing options or learn more about the ways you can pay for a holiday.
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A holiday loan is a personal loan you can use to pay for a holiday. So when the money is in your account, you can use it for things such as flights, hotels or transfers.
There are some things you can't use a personal loan for.
We won't issue loans for:
- Gambling
- Investments, such as stocks, shares and crypto currency
- Business reasons
- Land or property – buying, leasing or paying a deposit
- Timeshare or Holiday clubs
- Anything illegal
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Getting a personalised quote with us does not use a credit check or affect your credit score.
When you apply for a holiday loan, we will perform a credit check. This is to help us understand how likely you are to pay the loan back. Learn more about how credit checks work.
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We look at lots of things when calculating your interest rate. When you apply, we will give you a personalised quote based on many factors, such as:
- Credit history.
- Past account history.
- How much you want to borrow.
- How long you want to repay the loan over.
- Other personal details we hold.
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You'll start to repay the loan the month after you take it out - you can specify which date each month the repayment comes out.
You can change this date in the future if you need to. The repayments will be taken each month by Direct Debit.
The repayments are fixed so they won't change until the loan is paid off.
If you miss a repayment (such as, there is not enough money in your account), we will try once more to take it by Direct Debit within 7 days. If still can't take your repayment, you'll be charged a £25 fee. Full details will be provided when you apply.
You can make extra payments with no charge. If you pay the loan off early, we may charge you up to 58 days’ interest – but you are still likely to save on interest payments overall.
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