Loan Options for Debt Consolidation, Major Purchases, Special Occasions, Medical Bills and more*

Rates from 6.49% - 19.49% (6.49% - 19.49% APR) with two discounts available that could save you up to 0.50% on your rate, as low as 5.99% - 18.99% (5.99% to 18.99% APR)1, 2, 3
Above interest rates include loyalty and automatic payment discounts.2, 3

Receive a credit decision in minutes

Borrower Benefits

Lower your interest rate by up to 0.50 percentage points with all available discounts. 2, 3

No Fees Ever

The Citizens Bank Personal Loan has no fees.

Loan Amounts

Ranging from $5,000 to $50,000.

Eligibility Requirements

To qualify for a Citizens Bank Personal Loan, you need to:

  • Be a U.S. citizen or permanent resident residing in the U.S.
  • Have a valid Social Security number
  • Have good credit or a qualified co-applicant
  • Have obtained the age of majority in your state of residence
  • Have an annual income of at least $24,000

Personal loans must not be used for educational expenses, home repairs, or as a small business loan.

The following terms are provided by Citizens Bank®.

Selecting "GET MY RATE” only requires a "soft credit pull" which does not affect your credit score. Submitting a full application results in an inquiry on your credit report.

* Personal loans must not be used for educational expenses, home repairs, or as a small business loan.

1. Personal Loan Rate Disclosure: Fixed interest rates range from 6.49% - 19.49% (6.49% - 19.49% APR) based on applicable terms. Lowest rates range from 5.99% - 18.99% (5.99% to 18.99% APR), are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment Discounts3 of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.

2. Loyalty Discount Disclosure: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower or their co-applicant (if applicable) has a qualifying account in existence with us at the time the borrower and their co-applicant (if applicable) have submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans, and other personal loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT and some products may have an associated cost. This discount will be reflected in the interest rate disclosed in the Loan Approval Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.

3. Automatic Payment Discount Disclosure: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their personal loans owned by Citizens Bank, N.A. during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account three or more times within any 12-month period, the borrower will no longer be eligible for this discount.