Thinking of switching an existing loan?


If you’ve got an existing loan, you might be able to save some money, simply by switching to a CAPSavings Standard Loan. You can use the calculator below to find out how much you might save.

Switching is simple. You can apply online or via the telephone and if accepted you can use your CAPSavings loan to pay off your current loan including any early repayment charges.


Switching loans -
is it worth it?

Enter details of your current loan

The estimated savings we calculate are based on the details you provide. Please ensure you provide accurate information.


This is for illustrative purposes only and is not a quotation

Your CAPSavings's Loan

This is for illustrative purposes only and is not a quotation

Please be aware that the rate we offer you will depend on your personal circumstances, our credit assessment procedures and other related factors.

Your results -

Back to your details

Based on you being offered the advertised representative APR, changing your current loan provider to CAPSavings could save you money.

Total amount repayable with your current lender:


The total amount repayable with CAPSavings Loan:


So by switching you could save up to:


Your new monthly repayment would be:


Based on the information you have provided, making the switch to one of our Standard Loans will not save you money at this time. This may be for a number of reasons such as: the number of months left to repay on your original loan or the balance outstanding on your original loan. You may find that another CAPSavings product would be better suited to your needs.

We have a range of loans with extra benefits not offered by other standard providers. Explore our range to see what else we can offer

Find out more

Key Benefits of a CAPSavings Standard Loan

  • With our Price Promise you'll always get the best rate^ see terms & conditions below
  • Fixed rate repayments that can be tailored to suit your budget
  • Choice of repayment holiday at the start of your loan.#

APR representative is valid for Nectar card holders only. You must have swiped your Nectar card in store in the last 6 months. We may check your Nectar account to verify this. CAPSavings reserves the right to vary rates without notice.

^Price Promise Guarantee

Our Price Promise Guarantee means that if you are offered a "like for like" loan that has a lower APR (Annual Percentage Rate) with another lender we will beat it. This is subject to you qualifying for the Offer and you must not have already accepted our Standard Loan offer by signing and returning the CAPSavings Loan agreement.

How to make a claim:

  • Carefully read the Price Promise Guarantee terms and conditions
  • Send a copy of the competitor loan agreement/ formal offer in the same name as your CAPSavings loan to the address below.
  • Remember to quote your CAPSavings loan agreement number.

Claims Address

CAPSavings Loans
Price Promise Guarantee Claims
Loans Product Team

Price Promise Guarantee Terms and Conditions:

  • The Price Promise Guarantee ("the Offer") is only available to individuals who successfully apply for (and subsequently open) a CAPSavings Standard Loan (“the Loan”).
  • The offer does not apply to any CAPSavings Reward Loans.
  • Claims under the Offer must be received within 28 days after the CAPSavings Loan has been approved.
  • Claims under the Offer will not be accepted after the CAPSavings Loan offer has been accepted by signing and returning the CAPSavings Loan agreement. 
  • You must provide us with a written offer from the other lender in the same name as the Loan offered by CAPSavings. In most cases a photocopy of the loan agreement will suffice but we may ask you to provide the original agreement. If you provide an original document, we will return this to you within 5 days of assessing your claim. Photocopies will not be returned and will be securely destroyed by us. CAPSavings will verify the validity of your claim within 5 business days of receiving your request and notify you of the result.
  • A “Lower rate” means a lower Annual Percentage Rate (APR) of an alternative unsecured, fixed rate loan from a lender, compared on a “like for like” basis. We will assess “like for like” based on features such as, but not limited to, length of loan, fixed loan amount, repayment structure (including interest and set up fees (if any).
  • The Lower rate must be available to the general public and be verifiable by CAPSavings. The Lower rate must have been offered and must still be available to you at the time of the claim.
  • The Offer does not apply to the following rate or loan types:

    - Loans where the funds are not available for immediate use
    - Discount rates offered only to members of groups or individuals who meet previously specified criteria;
    - Rates that are not immediately available, promotions that are not at everyday rates and products which are sold under different terms and conditions, such as special financing (i.e. dealer loans, promotional loans for specific goods);
    - Loans that are secured on land, investments or goods.
    - Any personal products being charged interest at a variable rate;
    - Any personal and non personal loan type products including but not limited to lease, contract hire, hire purchase or conditional sale agreements;
    - Loan agreements where interest has been temporarily or permanently suspended (including deferred payments and 0% loans for an initial period);
    - Loan agreements where the funds are to support periods of study, or the period immediately following completion of studies (for example, student loans or graduate loans).
  • If your claim is successful we will reduce the APR on your CAPSavings Loan to below that of the alternative lender by 0.1%. e.g. If the alternative lender formally offers you a rate of 6.9% APR, your claim is successful and 6.9% APR is lower than our rate offered we will reduce our offer rate to 6.8% APR  
  • We reserve the right to modify or cancel the Offer at any time without prior notice.

# Interest will be charged between the start date of your loan and your first monthly repayment.

Please ensure this product suits your needs and you have considered that it is the right product for you.

  • You're between 18 and 80 years old and less than 83 when the loan is repaid
  • You have a bank or building society account
  • You have a permanent UK address
  • You have not been declined credit in the past month
  • You don't have a history of bad credit such as arrears, county court judgements, payment default or bankruptcy
  • And in paid employment, self-employed or retired with a pension

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