Loans With Built-in Savings

Take a look at our loans with better loan rates and no automated decisions.

Better Overall

No other lender offers more in one perfect package.

Loans from £500 - £5,000

No early repayment charge

3-month payment holiday

Integrated savings

Loans assessed by humans

Guaranteed lower rates than the big banks for loans up to £5,000*

*based on a standard plus loan for full-time employed applicants

Always Lower Loan Rates

On average, you’ll pay £533 less in interest by borrowing with us instead of a high street bank.

Based on a £5,000 loan over 36 months at 4.1% APR compared to the same borrowing with Santander, Barclays, Nationwide, Halifax, Lloyds, Natwest, RBS, First Direct & HSBC. Wessex Community Bank (4.1% APR) interest charged £314.32. Reviewed monthly. Based on a standardplus loan.

You Borrow. You Save.

It’s what we’re known for.

We want to help you build and improve your financial well-being even when you borrow.

With every single loan repayment you make, you’ll be saving a little bit as well into your personal cashback savings account.

Apply Now

Let’s get a personalised loan quote that’s right for you.

£
£500£500
months
months
66
Monthly repayment
Get ready!
The same every month
Total amount payable
Get ready!
Loan required
Cashback
Get ready!
Based on your details

FAQ

  • A Cashback Loan adds a small savings amount to each repayment so you finish your loan with a ready-made savings pot.

    It’s a Wessex Community Bank exclusive product: every repayment includes a tailored built-in savings contribution, helping you borrow responsibly and build resilience. Many members finish with savings, for example, up to £300 on a £1,000 loan.

  • Yes. We’re always lower than the big banks for loans under £5,000 and far cheaper than payday lenders.

    As a not-for-profit community bank, we don’t pay shareholder dividends, so we can offer fair, affordable borrowing across our region. Our rates are guaranteed lower than the top ten high street banks up to £5,000.

  • Possibly, we look at affordability and recent conduct, not just a score.

    Every application is assessed individually. Even with a CCJ or impaired credit, we may be able to help if your report shows responsible behaviour and not a pattern of unpaid borrowing.

  • One package you won’t find elsewhere: low rates, built-in savings, a 3-month payment holiday, no early-repayment penalties, no hidden fees.

    Everything is designed to be fair and transparent so you can borrow with confidence while building long-term financial stability.

  • Yes. We lend to a wide range of circumstances, including Universal Credit, part-time work, unemployment and low income.

    Access to fair credit shouldn’t depend on job title or income bracket. We support people from across the community, not only those with perfect profiles.

  • Humans, not robots. Every application is reviewed by a real person.

    We don’t use automated credit scoring or borrower profiling. Each case is looked at on its merits so you’re treated as an individual throughout.

Personal Loan Ratings on Google

The loan process was so fast, once I uploaded my supporting documents my loan was in my account in 2 working days.

Martin 5/5

I have had several loans from Wessex they have been so nice to me they were very friendly people and very helpful

Chris 5/5

Very good experience, nice people, uncomplicated Loan Application. Quick decision. No Problems.

Derek 5/5

Personal Loans

Our personal loans really are 'personal'. Every loan is assessed on its own merit by a real person. 

You're not just another automated decision.

Make sure you can afford the repayments. A loan is an important financial commitment and failure to keep to the monthly repayments may result in an adverse effect on your credit rating. Always talk to us if you are experiencing financial difficulties. 

The Cashback Loan helps you build savings while you repay a loan

It’s part of our Foundation’s goal to help our members grow financial resilience, and it’s one of our most valued and favourite products.

The simple idea

Each monthly payment includes a savings amount alongside the loan repayment. We tailor that split to your circumstances, so the payment stays affordable.

Example: Borrow £2,000 over 2 years. Pay £117.48 a month, made up of £100.82 toward the loan and £16.67 into your savings. At the end you’ve cleared the loan and built £400. That £400 is yours.

Why it helps

You repay what you need today, and you finish with a savings pot for tomorrow. Many members who’ve struggled to save find this makes the saving habit stick.

Your savings, your choice

The savings pot belongs to you. When the loan ends, you can withdraw it, keep saving, or put it toward your next goal.

By design

The savings element isn’t optional but we’ve yet to have anyone say they don’t want a savings pot that builds quietly in the background! We’re here to help you borrow at fair rates and help people build lasting savings habits at the same time.

Wessex Community Bank is a fully regulated not-for-profit member-owned cooperative bank authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority. Registration No 21375