Clydesdale Bank

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Company Information

  • Company Name:
    Clydesdale Bank
  • Website Address:
  • Business address:
    30 St. Vincent Place, Glasgow, G1 2HL.
  • Phone number:
    0800 707 6471

Clydesdale Bank (CBonline.co.uk) might have only a major high street presence in one of the constituent countries of the United Kingdom, but the bank accepts customers online from across the country. Their car loan offering is no exception, so whether you’re based in the Isle of Jura or London, you’ll be able to apply online without having to take a trip to the Clydesdale Bank. Decisions are made instantly, making it perfect if you need to buy a vehicle in a hurry. Usually the money can be in your bank account – any bank account – within a few days.

The biggest attraction of Clydesdale’s car loan is their market-beating 4.9% APR rate. This rate is offered to at least half of all those who successfully apply for loans between £7500 and £15,000, although the loan is available for any figure between £1000 and £25,000. The interest rate is fixed for the duration of the loan, meaning that you don’t have to worry about the Governor of the Bank of England hiking rates (as he has suggested he might do soon).

The loan can be spread between one and five years, meaning you can base your loan length on how affordable the monthly repayments will be. If your financial situation improves you can also pay off all or part of your loan early with just 58 days interested charged. The loan is unsecured, meaning you won’t lose your house if you’re unable to pay.

Although the application is online and you’ll receive a decision instantly, you do have to print out paperwork, sign it and post it to them. So have a printer ready, and if you want your funds fast consider doing guaranteed next day delivery. Clydesdale are fast at paying funds after they receive their paperwork, so you should be able to make your vehicle purchase within a week of applying. With interest rates better than many car finance options from showrooms it’s worth the wait.

88 Reviews of Clydesdale Bank have been submitted - read the latest 3 below

My printer let me down and that is what held up the loan process a bit. I had to wait until I went to work the next day and do the final part of the loan application from there. But the next day delivery didn't let me down and I have just heard my car finance loan documents have been received by Clydesdale Bank and they are going to transfer the funds into my bank account within the next 24 hours. So in spite of the printer problem my loan has been approved, finalised and I'll have my money within 4 days. Now that's not a bad service at all is it. Well done Clydesdale Bank.

Review posted by Mary Joyce, Edinburgh

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I hadn't thought about using my own bank for this car finance loan because there are so many car finance loans available judging by the online loan comparison websites that I felt sure I'd be able to get a much better deal elsewhere. I was wrong and I am pleased to say that because it is nice to think your own bank can keep up with the competition of so many other lenders and banks. I just didn't realise until I did a quick search of the comparison websites and saw at a glance just how good Clydesdale Bank rated in the long list of lenders. I won't be needing another loan for a while but it is reassuring to know that if I did Clydesdale Bank would be my first choice.

Review posted by John Massey, Glasgow

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Living in Gerrards Cross but getting my car finance loan from Clydesdale Bank was a bit of an unexpected result. However, the fact is that Clydesdale Bank are offering extremely good rates for their car finance loans and you don't have to either be an existing customer of theirs or indeed live in Scotland.

I have to hold my hands up and say I have never been to Scotland before but it might be something I'll get around to once my car finance loan money comes through and I can buy my new car. The loan has been approved and I've just returned all the signed paperwork by next day delivery courier so it shouldn't be too long before Clydesdale finalise the loan for me and I get the money into my bank account.

In the meantime I am going to spend a bit of time looking online at some Scottish tourist attractions and see what takes my fancy.

Review posted by Mark Bowater, Gerrards Cross

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