Customer rating
★★★★★
Satisfaction survey
Competitive interest rates with discounts for AA members.
Some customers say the communication could be better.
AA personal loans review
No longer just saviours of the roadside, AA loans can now help keep your finances running smoothly too, with exclusive rates for members. Loan amounts between £1,000 and £40,000 starting from 9.8%.
How do AA loans compare against the competition?
Table: sorted by representative APR, promoted deals first
Get personalised loan quotes
Save time by checking if you'll be approved by multiple lenders, and see personalised rates.
Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.
Late repayments can cause you serious money problems. See our debt help guides.
AA loan rates at a glance
The AA Member Loan charges 9.8% APR representative on loans between £3,000 and £4,999. AA offers the loan with repayment terms between 1 and 7 years and applicants can apply to borrow from £1,000 to £40,000.
The AA Non-Member Loan charges 9.9% APR representative on loans between £3,000 and £4,999. AA offers the loan with repayment terms between 1 and 7 years and applicants can apply to borrow from £1,000 to £40,000.
What is the AA?
In case by some miracle you haven’t heard of it, the Automobile Association (AA) is a British institution, having provided assistance to its members since 1905. In addition to breakdown cover and driving lessons, the AA now also provides financial services including insurance, savings and personal loans.
AA loans are provided by the Bank of Ireland UK, and AA Financial Services Ltd is a credit broker and not a direct lender.
You can apply for a personal loan through the AA’s website, and in most cases you get an instant decision. Anybody can apply, but members of the AA may be eligible for exclusive rates. Bear in mind that an “AA Breakdown Member” is defined as a customer that arranged cover directly with the AA (so if you receive AA breakdown cover as part of a bank or vehicle manufacturer partnership programme, you won’t be eligible).
Key features of an AA personal loan
AA personal loans are available over periods between 1 and 7 years (in 6-month increments), and you can apply for any amount between £1,000 and £25,000 (in £100 increments). The rate you are offered will depend on factors like your credit rating and income, but you can get an idea of the best rates by using our loan comparison table.
| Loan type | Unsecured Personal Loan |
|---|---|
| Loan amounts | £1,000.00 to £40,000.00 |
| Loan terms | 1 Year to 7 Years |
| Loan rate type | Fixed |
| Product fee | 0% |
| Same day funding available | |
| Instant decisions in most cases | |
| Soft-search facility available | |
| Joint applications | |
| Overpay without penalty | |
| Concurrent loans allowed | |
| Topping-up pays off existing loan and initiates a new loan | |
| Repayment methods | Direct Debit |
| Loan type | Unsecured Personal Loan |
|---|---|
| Loan amounts | £1,000.00 to £40,000.00 |
| Loan terms | 1 Year to 7 Years |
| Loan rate type | Fixed |
| Product fee | 0% |
| Same day funding available | |
| Instant decisions in most cases | |
| Soft-search facility available | |
| Joint applications | |
| Overpay without penalty | |
| Concurrent loans allowed | |
| Topping-up pays off existing loan and initiates a new loan | |
| Repayment methods | Direct Debit |
What is APR?
If you’re comparing any credit-based products, it won’t be long before you’ll come across the annual percentage rate (APR). This figure is designed to provide an annual summary of the cost of a loan. It takes into account both interest and any mandatory charges to be paid (for example an arrangement fee) over the duration of a loan.All lenders must calculate the APR of their products in the same way, and must tell you the APR before you sign an agreement, so for consumers it can be a handy tool for comparison.
Bear in mind, however, that lenders are only obliged to award this rate to 51% of those who take out the loan – the other 49% could pay more. That’s why it’s often referred to as the representative APR.
Am I eligible for an AA personal loan?
You don’t have to be an AA member to apply, but you do need to meet the following criteria:
- Have been a UK resident for at least 3 years.
- Be over 21 and no older than 70 when the loan term ends.
- Have a regular income above £12,000 a year. If self-employed, you must have been so for over 2 years.
- Have a good credit rating without a history of County Court Judgment or bankruptcy.
- Have a UK based bank or building society account that can pay direct debits.
- Ensure that you can meet the repayments as missed payments incur a charge and could have severe consequences on your ability to obtain future credit
AA customer reviews
In our 2023 customer satisfaction survey, AA scored 4.5 out of 5 stars with 83% of its customers saying they’d recommend the brand to a friend.
Customers in our survey commented on AA’s “great service”. One commented: “Easy to use and helpful staff”. However, some customers felt AA’s “communications” could be better.
How do I apply?
If you’ve decided that an AA personal loan is right for you, you’ll need to provide proof of the following:
- Your ID.
- Your address details for the past three years.
- Your current income and employment details (payslips and bank statements).
Then simply fill in the application form via their website. You’ll also need the sort code and account number of your bank or building society account.
Frequently asked questions
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
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