If you have excellent credit, you’re in a prime position to secure a personal loan with a competitive interest rate and favorable terms. Excellent credit is typically defined as a credit score of 720 or higher, although this can vary depending on the lender and their criteria. With a good credit score, you can qualify for loans with lower interest rates, flexible repayment terms, and higher loan amounts. This makes it an ideal time to consolidate debt, finance a major purchase, or cover unexpected expenses.

Our expert analysis will guide you through the top personal loan options for excellent credit, including low-interest loans, no-fee loans, and loans with flexible repayment terms. Whether you’re looking for a loan with a 0% intro APR, a long repayment period, or a lender with no origination fees, we’ve got you covered. Our list will help you find the best personal loan for your financial needs and goals.

1. LightStream

LightStream, a division of SunTrust Bank, offers personal loans with highly competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 4.99% APR. Loan amounts range from $5,000 to $100,000, with repayment terms of 2 to 7 years. LightStream loans come with no origination fees, prepayment penalties, or hidden fees.

They also offer a unique “Rate Beat” program, which guarantees a lower rate than competing lenders. With its competitive rates, flexible terms, and excellent customer service, LightStream is a top choice for personal loans, debt consolidation, and home improvements.

2. LendingClub

LendingClub is a peer-to-peer lending platform that offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with good credit can qualify for rates as low as 6.95% APR. Loan amounts range from $1,000 to $40,000, with repayment terms of 3 to 5 years. LendingClub loans have no prepayment penalties, and funds are deposited directly into your account.

The platform connects borrowers with investors, eliminating the need for traditional bank intermediaries. With its competitive rates, flexible terms, and innovative approach, LendingClub is a popular choice for personal loans, debt consolidation, and credit card refinancing.

3. Bankrate

Bankrate is a financial services company that offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 4.99% APR. Loan amounts range from $1,000 to $50,000, with repayment terms of 1 to 5 years. Bankrate loans come with no origination fees or prepayment penalties, and funds are deposited directly into your account.

Bankrate also offers a range of financial tools and resources, including credit score monitoring and financial education. With its competitive rates and flexible terms, Bankrate is a top choice for personal loans and financial services.

4. SoFi

SoFi (Social Finance) offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 5.99% APR. Loan amounts range from $5,000 to $100,000, with repayment terms of 3 to 7 years. SoFi loans come with no origination fees, prepayment penalties, or hidden fees.

They also offer unemployment protection, which temporarily suspends payments if you lose your job. SoFi members also gain access to financial advisors, career coaching, and community events. With its competitive rates, flexible terms, and added benefits, SoFi is a top choice for personal loans and financial wellness.

5. Discover

Discover offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 6.99% APR. Loan amounts range from $2,500 to $40,000, with repayment terms of 3 to 7 years. Discover loans come with no origination fees, prepayment penalties, or hidden fees. They also offer flexible payment options and a 30-day money-back guarantee.

Discover’s online application process is quick and easy, with funding available as soon as the next business day. With its competitive rates, flexible terms, and excellent customer service, Discover is a top choice for personal loans.

6. Wells Fargo

Wells Fargo offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 5.99% APR. Loan amounts range from $3,000 to $100,000, with repayment terms of 1 to 5 years. Wells Fargo loans come with no origination fees or prepayment penalties, and funds are deposited directly into your account.

Existing customers can apply online and receive a discount on their interest rate. Wells Fargo also offers a unique “Rate Tracker” feature, which allows borrowers to adjust their loan terms if interest rates fall. This feature sets Wells Fargo apart from other lenders.

7. Citi

Citi offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 7.99% APR. Loan amounts range from $2,000 to $50,000, with repayment terms of 3 to 5 years. Citi loans come with no origination fees or prepayment penalties, and funds are deposited directly into your account.

The online application process is quick and easy, with approval decisions made in minutes. Citi also offers autopay discounts and flexible payment options, making it a great option for debt consolidation, home improvements, or major purchases. With its competitive rates and flexible terms, Citi is a top choice for personal loans.

8. Marcus

Marcus by Goldman Sachs offers personal loans with competitive interest rates and no fees. Borrowers with excellent credit can qualify for rates as low as 6.99% APR. Loan amounts range from $3,000 to $40,000, with repayment terms of 3 to 6 years. Marcus loans are unsecured, with no collateral required. The online application process is quick and easy, with funding available in as little as 5 days.

Marcus offers flexible payment options and no prepayment penalties, making it a great option for debt consolidation, home improvements, or major purchases. With its competitive rates and flexible terms, Marcus is a top choice for personal loans.

9. Ally

Ally Bank offers personal loans with competitive interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 5.99% APR. Loan amounts range from $1,000 to $50,000, with repayment terms of 3 to 5 years. There are no origination fees, prepayment penalties, or hidden fees. Ally’s online application process is quick and easy, with funding available as soon as the next business day.

Ally’s customer service is available 24/7, and borrowers can manage their loan online or through the Ally app. With Ally’s flexible terms and competitive rates, borrowers can consolidate debt, finance large purchases, or cover unexpected expenses.

10. American Express

American Express offers personal loans with fixed interest rates and flexible repayment terms. Borrowers with excellent credit can qualify for rates as low as 6.90% APR. Loan amounts range from $3,000 to $40,000, with repayment terms of 3 to 12 months. There are no origination fees or prepayment penalties.

American Express personal loans are unsecured, meaning no collateral is required. Funds are deposited directly into your account, and you can manage your loan online or through the Amex app. With a reputation for excellent customer service, American Express is a great option for those seeking a personal loan with competitive terms.