Looking after customers
The reward is £100 cash credited to the account from which your monthly repayments are drawn.
To qualify for the Annual cash reward -
Effective APR. The effect of this reward is to reduce the interest APR. For example
A loan of £10,000 repaid over 10 years at an 8.9% APR typical would have an effective APR of only 7.4% APR.
(120 months of £125.06 per month, total payable after cash rewards £14,242.20. This includes £235 for the Standard Charge Release fee).