John Lewis Money loan calculator

Use our John Lewis Money loan calculator to get an idea of how much you'd pay back on a fixed-rate, unsecured John Lewis Money personal loan as a new or existing customer. Loan amounts between £1,000 and £35,000 with rates starting from 9.9%.

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John Lewis Money
Table: sorted by representative APR, promoted deals first
1 of 1 result
Finder Score Loan amounts Loan terms Fee Repayments
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£1,000 - £35,000
1 year - 7 years
0%
£320.22 (£11,528.04 overall)
Representative Example: Representative 9.9% APR fixed. Based on a loan of £10,000 for 36 months at 9.9% p.a. Total £11,528.04 repayable at £320.22 per month.
Representative Example: Representative 9.9% APR fixed. Based on a loan of £10,000 for 60 months at 9.9% p.a. Total £12,594.46 repayable at £209.91 per month.
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Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

Late repayments can cause you serious money problems. See our debt help guides.

How do John Lewis Money loans compare against the competition?

See today's rates from across the personal loan market.

John Lewis Money loan rates at a glance

The John Lewis Money Personal Loan charges 9.9% APR representative on loans between £1,000 and £35,000. John Lewis Money offers the unsecured personal loan with repayment terms between 1 year and 7 years, and applicants can apply to borrow from £1,000 to £35,000.

Key features of a John Lewis Money loan

Loan typeUnsecured Personal Loan
Loan amounts£1,000 to £35,000
Loan terms1 year to 7 years
Loan rate typefixed
Fee0%
Same-day funding available
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsDirect debit,Standing order,Electronic transfer

John Lewis offers “unsecured” personal loans, which means that loan approval is based on individual creditworthiness rather than being secured on an asset such as a property. They have a fixed rate, which means that the amount you have to pay each month won’t change. Here’s a quick rundown:

The interest rate you’re offered will depend on factors like the amount you apply for, the term of the loan, your credit rating and your income. It may differ from the advertised “Representative APR”.

APR and Representative APR explained

The Annual Percentage Rate (APR) is a summary of the yearly cost of a loan. It takes into account both interest and any unavoidable charges you'll need to pay (for example an arrangement/product fee) over the duration of a loan. Because John Lewis Money doesn't charge an arrangement fee, its APR comprises just the interest rate – and so they're one and the same.

However, the vast majority of lenders tailor rates (and therefore APRs) to the individual applicant. If they think you're a riskier bet, they'll offset that by offering you a higher APR. The "representative APR" (as defined by the Financial Conduct Authority) is what John Lewis Money gives to at least 51% of those who take out the loan. The other 49% could pay more. John Lewis Money must calculate APR in the same way as other lenders, and must tell you your personal APR before you sign a loan agreement.

John Lewis Money advertises a representative APR of 9.9% on loans between £1,000 and £35,000 on the John Lewis Money Personal Loan.

What are John Lewis loans?

Well over 150 years since opening as a drapery store, John Lewis is still going strong as one of Britain’s best loved brands. John Lewis Money have released its new loan, a partnership with Zopa Bank.

Whatever it is that you could use some extra cash for, John Lewis Money offer loans from £1,000 to £35,000 at highly competitive rates.

Am I eligible for a John Lewis Money personal loan?

You should only apply for a John Lewis Money personal loan if you’re certain you can meet the repayment terms, and you meet the following criteria:

  • Aged 18 years or over
  • UK resident with a UK bank account
  • Minimum income of £12,000

How can I apply?

Before applying for a John Lewis Money personal loan you’ll need your:

  • UK bank account details
  • Home addresses for the last 3 years (including British Forces Post Office or overseas addresses)
  • Details of your gross annual income (minimum £12,000 per annum), and, if you’re employed, your employer’s address

If you have an existing John Lewis Partnership Card, it’ll help speed up your application if you have your card or account number to hand.

If you’ve decided a John Lewis Money personal loan is for you, and you have to hand all the above information, you can apply online or call 0330 123 3396. Lines open:

  • Monday to Friday 8am – 7pm
  • Saturday 8:30am – 7pm
  • Sunday & bank holidays 10am – 2pm

John Lewis Money customer reviews

John Lewis Money has received positive reviews from customers, according to review platform Trustpilot. It currently has a rating of 3.9 out of 5, based on more than 12,000 reviews (updated October 2024). Customers praised its helpful customer service, but others cited long applications.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
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Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

Chris's expertise
Chris has written 539 Finder guides across topics including:
  • Loans & credit cards
  • Building credit
  • Financial health
  • Share trading

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