Kredyt Gotówkowy online z kodem "TERAZ"

Online cash loan with the code "TERAZ" – who this offer is for

The online cash loan with the code "TERAZ" is a proposal from Santander Consumer Bank aimed at clients who want to finance any consumer purpose — from a renovation, through a larger purchase, to paying off current expenses. This is a classic cash loan, not a consolidation loan — the bank does not impose a purpose for spending the funds, the decision rests entirely with the client. The application is submitted online, and the condition for using this particular promotion is entering the code "TERAZ" in the loan application. As the further conditions show, the offer is clearly narrowed down to new bank clients — this is not a universal proposal for everyone. Cash loans of this kind are usually a good fit when a larger, one-off amount of cash is needed without having to borrow it for a specific, documented purpose — unlike, for example, a mortgage or car loan, where the bank finances a transaction specified in advance.

Interest rate and APRC

The loan has a fixed nominal interest rate of 8.00% throughout the entire repayment period — the instalment will not change during the term of the agreement regardless of Monetary Policy Council decisions, which gives predictability to the household budget for the whole loan term. The Annual Percentage Rate of Charge (APRC), which — unlike the nominal interest rate alone — includes all costs of the loan (interest, any commission, additional fees) spread over the entire repayment period and expressed as a single, comparable annual percentage value, stands at 15.62% for this offer. It is the APRC, not the interest rate alone, that should be the main reference point when comparing this offer with other cash loans available on the market — two offers with the same nominal interest rate can have very different actual costs if they differ in the additional fees included in the APRC.

The loan is repaid in equal (annuity) instalments — the instalment amount is fixed for almost the entire loan term, except for the last instalment, slightly adjusted for rounding. This is different from decreasing instalments, where the first payments would be markedly higher (because the outstanding principal is still high), and subsequent ones would gradually decrease as the principal is repaid. Equal instalments are usually easier to plan for in a household budget, since the monthly burden is known in advance and does not change.

Total cost

The bank publishes a representative example prepared in accordance with the Consumer Credit Act, as of 11 June 2026. For a loan amount of PLN 20,000, with a loan term of 60 months, the amount of the 59 equal monthly instalments is PLN 405.53, and the last, 60th instalment is PLN 405.36. The total cost of the loan (interest, excluding commission and the fee for transferring the funds) is PLN 4,331.63, which for this amount and term gives a total amount payable of PLN 24,331.63.

It is worth emphasising: this is purely a representative example based on specific assumptions (a particular amount, term, disbursement date and first instalment payment date) — as the bank itself notes, it does not constitute an offer within the meaning of Article 66 of the Polish Civil Code, and the final terms granted to a specific client depend on Santander Consumer Bank's individual assessment of their situation and may differ from the calculation above.

Commission

The loan does not come with an origination commission — both the percentage and flat-fee commission are PLN 0. There is also no fee for transferring the funds. This is a confirmed, genuine absence of additional start-up costs in the product data, rather than simply missing information in the database.

Requirements

This is one of the most important things to remember about this offer — the circle of eligible clients is clearly narrowed. Under the terms of the promotion, the loan can only be used by:

• New bank clients — people for whom this will be their first loan at Santander Consumer Bank
• Adults (minimum age: 18) with full legal capacity
• People with at least a 12-month positive credit history at BIK

The loan amount under this promotion ranges from PLN 15,000 to PLN 35,000, and the maximum loan term is 60 months. The product data does not contain confirmed information about a requirement to take out insurance or the need to obtain spousal consent for this offer — so there is no basis to claim either that they are required or that they are not; this issue needs to be verified directly when submitting the application, ideally before deciding on a specific amount and repayment term.

It is worth noting that the condition of being a "new client, for whom this is their first loan at the bank" is just as important here as creditworthiness itself — even a person with a good history at BIK who has previously used another Santander Consumer Bank product (e.g. an instalment loan for purchases) may not qualify for this particular promotion under the terms described above. This is a detail that is easy to overlook when comparing offers based solely on the interest rate or APRC.

Pros and cons

Pros

• No commission for granting the loan (PLN 0) and no fee for transferring the funds
• Fixed nominal interest rate of 8.00% throughout the repayment period — a predictable instalment
• High maximum amount (up to PLN 35,000) and a long repayment period (up to 60 months)
• Equal instalments that make household budget planning easier

Cons

• The APRC (15.62%) is markedly higher than the nominal interest rate alone — it is worth confirming the real cost of the loan individually before signing the agreement
• The offer is only for new bank clients — existing Santander Consumer Bank clients cannot use it
• The requirement of at least 12 months of positive history at BIK excludes people without a prior credit history
• The minimum loan amount under this promotion is PLN 15,000 — the offer does not cover smaller borrowing needs

Summary

The online cash loan with the code "TERAZ" is a sensible proposal for new Santander Consumer Bank clients who need a larger amount (PLN 15,000–35,000) over a longer period and value the predictability of a fixed instalment along with no commission for granting the loan. The key parameter to compare against other offers on the market remains the APRC of 15.62% — it is this figure, not the 8% nominal interest rate alone, that best reflects the actual annual cost of this obligation. People without their own credit history at BIK of at least a year, as well as existing bank clients, will not qualify for this particular promotion and should look for another offer. Before signing the agreement, it is also worth asking the bank directly for an individual instalment and total cost simulation for exactly the amount and term you are considering — the representative example published by the bank, while reliable, relates to one specific combination of parameters (PLN 20,000 over 60 months) and does not necessarily match every applicant's individual situation one-to-one.