Nationwide (loans) vs HSBC UK (loans): which is better? Comparison 2026

By our public methodology Nationwide (loans) scores 56 out of 100 and HSBC UK (loans) scores 52. Below: the factors and facts where they differ, each fact with its source.

Personal loans in the UK 2026: authorised lenders ranked How we rank

2

Nationwide (loans)

56/100
3

HSBC UK (loans)

52/100

Score breakdown

Nationwide (loans)HSBC UK (loans)
Licence4040
Transparency6040
Cost8276
Service3771

Pros and cons

Nationwide (loans)

  • Licence confirmed by the official list or a stated licence number
  • Publishes how to complain
  • No arrangement fee in the standard terms
  • Terms state that early repayment is free
  • Online application is not open to new customers

HSBC UK (loans)

  • Licence confirmed by the official list or a stated licence number
  • Publishes how to complain
  • No arrangement fee in the standard terms
  • New customers can apply online
  • A charge can apply to early repayment

Facts side by side

FactNationwide (loans)HSBC UK (loans)
Licensed by the regulatorYes bankofengland.co.ukYes bankofengland.co.uk
Published rate, % of country reference86% nationwide.co.uk99% hsbc.co.uk
Free early repaymentYes nationwide.co.ukNo hsbc.co.uk
No arrangement feeYes nationwide.co.ukYes hsbc.co.uk
Complaints procedureYes nationwide.co.ukYes hsbc.co.uk
Online application for new customersNo nationwide.co.ukYes hsbc.co.uk
Support hours a week55 h nationwide.co.uk84 h hsbc.co.uk
Maximum amount, % of country reference143% nationwide.co.uk86% hsbc.co.uk
Longest term120 mo nationwide.co.uk96 mo hsbc.co.uk

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