Benefits of a wedding loan

Planning a wedding can be demanding enough without worrying about how to cover the costs. An affordable way to manage everything could be an MBNA personal loan. A wedding loan can help you stay on budget, spread the cost and have the confidence to make your dream day a reality.

MBNA personal loans are provided exclusively by Lloyds Bank plc. MBNA Limited act as a credit broker and not the lender.

Features of a wedding loan

3.1% APR representative for loans of £7,500 to £25,000 over 1 to 5 years.

  • No surprises, with fixed monthly payments.
  • Apply online in minutes and get an instant decision.
  • Apply for between £1,000 and £25,000.
  • Choose to make your monthly repayments over 1 to 7 years.

If you’re approved, you should have the money in your account within 24 hours. In some cases it may take a bit longer, but no more than 5 working days.

Wedding loan calculator

Use our calculator to get an idea of what your monthly repayments could be. Note: this calculator is for illustrative purposes only. If you apply, you may be given a different rate depending on your circumstances.




Monthly repayments


Total amount repayable


Illustrative APR


The rate you are offered may be different to the rate shown in the calculator.

That is because it is based on your personal circumstances, how much you want to borrow and how long you want to pay it back.

Apply now to get your personalised rate

Get started

Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £221.59. Total amount repayable will be £10,636.32. Representative 3.1% APR, annual interest rate (fixed) 3.06%.

The representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. The maximum APR you could be offered is 29.9% APR.

The representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range.

Apply online with ease

Apply online for an MBNA wedding loan in minutes and get an instant decision.

Repayment holidays

You could apply for up to 2 repayment holidays each year, subject to approval. Just be aware, interest is still charged for the months you don’t make payments. This means you’ll pay more interest overall and the loan term will increase.

Quick access to your cash

If your loan is approved, you could have the money within 24 hours. In some cases, it may take a bit longer, but no more than 5 working days.

Top tips for planning your perfect day:

  • Limit guests to those you really want to celebrate with.
  • Shop around for a venue and caterer that suits your budget. No-one said you can’t haggle. 
  • Consider local firms as well as bigger ones.
  • Get crafty to add a personal touch to decorations. You could even bake your own cake.
  • Get married off-peak or out of season to keep costs down.

Other things to consider

  • Only take out a personal loan if you are confident you’ll be able to repay it, even if your circumstances change.
  • Make sure that a loan is the best option for you when paying for your wedding.                                                         

You can apply for a loan if:

  • You’re aged 18 or over.
  • You’re a UK resident (excluding the Channel Islands and Isle of Man).
  • You’re not in full-time education.
  • You’re in paid employment or have a regular income.
  • You’ve not been declined for credit in the last month.
  • You don’t have a history of bad credit.
  • You are not applying for any of these reasonsLoans will not be provided for speculative purchases (gambling, investments and share purchases), any illegal purposes, business related purposes, purchase/lease of land or property, either full or part purchase (including deposit), timeshares/holiday clubs..

Frequently Asked Questions

  • Getting a personalised quote, telling you what your repayments would be, doesn’t affect your credit score – we’ll only do a ‘soft search’ then. If you go on to apply, we’ll then do a full credit check, called a ‘hard search’. This helps us understand if you’re likely to have any problems paying the loan back.

  • When you apply for your loan, we’ll tell you how much your monthly repayments will be. This is a fixed amount that includes the interest. The repayments will start the month after your agreement begins. We’ll take them by Direct Debit on a date that suits you.

    You can make extra payments with no charge. However, if you pay the loan off early, we may charge you up to 58 days’ interest.

    If you miss a repayment, your account may be passed onto our collections team and you’ll be charged £25. And if more repayments are missed, you may be charged more.

    You can also apply for up to two repayment holidays a year (subject to approval). Interest will be charged for the months you don’t make any payments. This means you'll pay more interest overall and your original term will be extended.

  • A wedding loan is just a personal loan you can use it to cover some or all of your wedding, such as the venue, rings or even your honeymoon. 

    We can’t issue loans for:

    • Any illegal activity.
    • Speculative purchases, e.g. gambling, investments and share purchases.
    • Business-related purposes.
    • The purchase or lease of land or property, either in full or in part. This includes deposits.
    • Timeshares/holiday clubs.

    These restrictions apply whether you want to borrow money for yourself, or to help someone else. For example, you can’t take out a loan and give it to someone as a deposit for a house.