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- Holiday Loans
Holiday loans from 8.2% APR
A holiday loan is a personal loan you use to fund a trip. Borrow £1,000 to £25,000 with Zable from 8.2% APR, spread over 1 to 5 years. Check your personal rate in minutes with a soft search and no impact on your credit score. If you're approved, most customers get the money in under an hour.
Representative example:
Why choose Zable for a holiday loan
A few minutes to apply
Our application takes only a few minutes and you'll get a decision and a personal offer straight away, with no back-and-forth or follow-up forms.
Money in under an hour
Most customers get their loan paid into their bank account in under an hour from approval. Less waiting around, more time getting your trip booked.
Terms tailored to you
We use Open Banking technology to securely assess your banking incomings and outgoings to get a full picture of your finances. This lets us give a personalised loan offer.
What is a holiday loan?
A holiday loan is a personal loan used to spread the cost of a trip. There isn't a separate product called a "holiday loan" it's a standard unsecured personal loan that you take out for travel rather than for a car, a wedding, or another purpose.
Because it's unsecured, you don't put your home or any other asset against the loan. You borrow a fixed amount, agree a repayment term, and pay back a set monthly amount over that period at a fixed interest rate.
How to get a holiday loan in 3 easy steps
Getting a holiday loan with Zable is simple:
Quick eligibility check
See your personalised rate in minutes without affecting your credit score.
Choose your loan
Select a loan amount from £1,000 to £25,000 and repayment term from 1 to 5 years that fits your needs.
Receive your funds
When you’re finished with your application, money is then sent directly to your bank account, usually within the hour.
How much does a holiday loan cost?
A £3,000 holiday loan over 3 years at a 13.6% fixed interest rate works out at £111.19 a month, with £4,002.84 paid back in total. This includes a £270 loan fee and a representative APR of 21.7%. A shorter term lowers the total interest you pay, but raises the monthly cost.
This is a simplified illustration. Your actual monthly cost will depend on the rate you're offered, the term you choose, and the loan fee that applies. The representative example at the top of the page reflects what at least 51% of approved Zable applicants receive.
What affects the cost of your loan:
Your rate: A higher APR means a higher monthly payment and more paid in total. The rate you're offered is based on your credit profile and affordability.
Your term: A longer term lowers the monthly payment but you pay more interest overall. A shorter term costs less in total but stretches your monthly budget further.
Any loan fee: Zable loans include a fee of up to £450, depending on the amount and term. The fee is included in the APR you see, so the monthly repayment you're shown is the all-in cost.
"With a holiday loan, the interest you pay is added to the cost of the trip itself. Before you apply, think about how the monthly repayment fits alongside your existing commitments, and consider whether a shorter term is workable. A shorter term costs more each month but saves you money overall."
CMO at Zable, 6 years working in Financial Services
Things to consider when applying for a holiday loan
Borrowing for a holiday adds the cost of interest to a trip you could otherwise save for, so it's worth thinking through the trade-offs before you apply.
Affordability first
Use the calculator to see what the monthly repayment would be over the term you'd choose, and check it works alongside your rent or mortgage, bills, and any other repayments. The same affordability check the lender runs is one you can think about before applying.
Only borrow what you need
Borrowing more than the trip actually costs means paying interest on money you didn't need to take out. Build a budget for the full trip, flights, accommodation, travel insurance, spending money, vaccinations or visas, and any pet care or airport parking and borrow to that figure.
Compare the interest cost against the trip
A loan adds a real cost on top of the trip itself. Use the example above as a rough guide for the total you'd repay, and ask yourself whether the trip is worth that figure rather than just the headline price.
Think about timing
If the trip isn't tied to a fixed deadline, the same monthly amount put into a savings account would cost you nothing in interest. A loan makes more sense for trips you can't easily delay, like a milestone birthday or a wedding abroad.
Have a backup plan
If your circumstances change and you can't travel, the loan still needs to be repaid. Check what your travel insurance covers and whether your provider offers any flexibility on cancellation.
Alternatives to a holiday loan
A personal loan isn't always the cheapest way to pay for a trip. Depending on the amount and your circumstances, one of these might suit you better:
A 0% purchase credit card. Useful for smaller amounts you can clear within the interest-free period. You pay no interest if you repay the balance before the 0% term ends. After that, the standard APR kicks in, so plan to clear it in time.
Saving in advance. If the trip isn't time-sensitive, putting the same monthly amount into a savings account means you avoid interest costs entirely and travel debt-free.
An existing credit card. Convenient for booking, but typically more expensive over time than a personal loan once any promotional rate ends.
Can I get a holiday loan with bad credit?
It's possible, but it depends on the rest of your application. Lenders will look at affordability closely, including your income, your existing debts, and your recent credit behaviour.
At Zable we look at more than just your credit score. If you securely share your bank history through Open Banking during your application, you could be more likely to be accepted. The rate you're offered will reflect your overall risk profile, so applicants with weaker credit history are usually offered higher APRs than the headline rate.
If you're worried about being declined, a soft search lets you see whether you're likely to be approved without impacting your credit score. Read more on loans for bad credit if this is your situation.
Holiday Loan FAQs
