POLICY LOANS

This product is no longer available for new business.

For existing customers monthly interest is based on a rate of 3.00% above the Bank of England base rate, currently 0.50% variable, giving a rate of 3.50% per annum, equivalent to an Annual Percentage Rate (APRC) of 3.6%, effective from the 1st March 2022.

For additional account information please contact our customer service team on 0345 845 0829. Our lines are open 8am to 6pm Monday to Friday.

We adhere to The Standards of Lending Practice which are monitored and enforced by the Lending Standards Board.

Scottish Widows Bank is a trading name of Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278.