Updated October 21, 2026 · SumCue Editorial Team
Cheers Financial vs NBG
Cheers Financial
NBG
Higher score in this comparison
What sets them apart
| Compare | Cheers FinancialReviewVisitVisit | NBGReviewSee alternativesSee alternatives |
|---|---|---|
| APR | 12.15% to 15%Lower | 19.29% |
| Loan amount | $151.60 to $3,197.82 | €300 to €6,000 |
| Term | 24 months | 12 to 84 monthsHigher |
| Eligibility | 18+, valid U.S. bank account and Social Security number | Valid ID card or passport; proof of employment and a utility bill may be requested; existing Digital Banking credentials to apply online |
| Loan types | Secured | Personal, Debt consolidation, Credit line, Student |
| Arrangement fee | 0 USD | Not confirmed |
| Credit check | None | Not confirmed |
| Funding time | Not confirmed | Immediate disbursement credited to your deposit account |
| Representative example | Plan A: $175 total payments, $151.60 financed, $7/month, $23.40 total interest, 15% APR | Not confirmed |
| Origination fee (%) | 0% | Not confirmed |
| Credit needed | Fair | Not confirmed |
Same on both: Rate type (Fixed), Lender type (Direct lender), Free early repayment (Yes).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- NBG scores higher overall: 9.5 vs 9.2.
- APR is lower at Cheers Financial: 12.15% to 15% vs 19.29%.
- Term is higher at NBG: 12 to 84 months vs 24 months.
- Support channels: only Cheers Financial offers Email, Community.
- Support channels: only NBG offers Phone, Chat, Help centre.
- Pricing model: only NBG offers No monthly fee.
- Loan types: only Cheers Financial offers Secured.
- Loan types: only NBG offers Personal, Debt consolidation, Credit line.
Our verdict on each
Cheers Financial
Cheers Financial suits US adults with a valid US bank account and a Social Security number who want a small secured loan they can clear early without charge. The APR is 12.15% to 15% and there is no origination fee, so the total cost sits above the cheapest lender here.
NBG
NBG suits Greek customers who want a Mastercard debit for everyday spending and, if funds allow, a fixed-rate term deposit with no monthly fee. The savings side carries no monthly charge, while the credit card option runs at 19.29% with 2% on currency conversion.
Score breakdown
| Area | Cheers Financial | NBG |
|---|---|---|
| Cost | 9.3HigherOrigination fee of 0 USD and a monthly fee of $0, with APR of 12.15% to 15% above 12.74% to 13.01%. | 8.9 |
| Offer | 8.7Amounts of $151.60 to $3,197.82 over a term of 24 months on a fixed account suit small secured borrowing only. | 9.4Higher |
| Trust | 9.4A direct lender, direct lender, with a credit check of none and credit needed of fair. | 10.0Higher |
The bill, worked out
Borrow a typical amount over a typical term (estimate at the stated APR)
Cheers Financial
262.89 to 327.36
262.89 to 327.36
NBG
426.38
426.38
Cheers Financial comes out 163.49 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 30, 2026.
Where these facts come from
Cheers Financial
- cheers.credit: 17 facts, checked September 30, 2026
NBG
- nbg.gr: 15 facts, checked September 26, 2026
How they place
| Ranking | Cheers Financial | NBG |
|---|---|---|
| Savings | 23 of 1492 | 97 of 1492 |
| Fixed-rate bonds and term deposits | 3 of 199 | 12 of 199 |
| Loans | 95 of 2043 | 198 of 2043 |
Every fact side by side
| Fact | Cheers Financial | NBG |
|---|---|---|
| Pricing model | Fixed rate | No monthly fee, Fixed rateCovers more |
| Features | Not confirmed | Same day funding |
| Legal entity | Cheers Financial Inc. | NATIONAL BANK OF GREECE S.A. |
| Headquarters | United States | Greece |
| Founded | Not confirmed | 1841 |
| Support channels | Email, Community | Phone, Chat, Help centre |
Savings
| Fact | Cheers Financial | NBG |
|---|---|---|
| Headline rate | 12.15% to 15% | Not confirmed |
| Minimum deposit | $151.60 | €3,000 |
| Access terms | 24-month term, savings returned minus interest at the end; cancel anytime and get savings to date less interest | Term deposit in EUR: duration chosen by the customer from 1 to 365 days; rate fixed for the whole term; early full repayment possible at a cost via Internet/Mobile Banking or in branch; automatic renewal |
| Monthly fee | $0 | €0 |
| Account kind | Fixed | Fixed |
Credit cards
| Fact | Cheers Financial | NBG |
|---|---|---|
| Annual fee | Not confirmed | €6 |
| Currency conversion fee | Not confirmed | 2% |
| Rewards type | Not confirmed | Points |
| Card kind | Not confirmed | Credit |
Mortgages
| Fact | Cheers Financial | NBG |
|---|---|---|
| Fixed period | Not confirmed | 10 years |
| Maximum loan to value | Not confirmed | 100% |
| Purpose | Not confirmed | Purchase |
Where each stands against the rest
| Fact | Cheers Financial | NBG | Median |
|---|---|---|---|
| APR | 12.15% to 15%above the median | 19.29%above the median | 9.99 |
| Term | 24 monthsbelow the median | 12 to 84 monthsabove the median | 60 months |
| Origination fee (%) | 0%at the median | Not confirmed | 0% |
Median across 1096 listed providers.
Pros and cons
Cheers Financial
Pros
- The origination fee is 0 USD, so there is no charge to set the plan up.
- Early repayment carries no charge, so clearing the balance sooner costs nothing extra.
- The credit check is none and the credit needed is fair, so a thin file does not decide the outcome on its own.
Cons
- Amounts stop at $151.60 to $3,197.82, a small sum for anything beyond a household bill.
- A single term of 24 months on a fixed account, so there is no shorter or longer schedule.
- Support runs on email and community only, so there is no phone line when a payment goes wrong.
NBG
Pros
- Debit card runs on the Mastercard network, the wider of the two networks in the debit card rankings
- Term deposit carries €0 as a monthly fee and a fixed rate
- Term deposit needs a €3,000 minimum deposit, above the typical minimum in the savings rankings
Cons
- Credit card borrowing costs 19.29%, well above the 15.5% median across the listings
- Currency conversion costs 2% on the card, above the 1% median
- Fixed-rate deposits make up 19.6% of the term deposit listings, the smallest account kind group
Who each suits
Cheers Financial
Who it suits
- US adults with a valid US bank account and a Social Security number who want a small secured loan at a fixed rate.
- Borrowers with a thin credit file: the credit check is none and the credit needed is fair.
- Households with savings to place behind the plan, since the money comes back less the interest at the end or on cancellation.
Who should look elsewhere
- Anyone outside the US: a minimum age, a valid US bank account and a Social Security number are required, so Ibancar Prestamos and Mi Prestamo are the listed routes to compare instead.
- Borrowers chasing the lowest APR here: 12.15% to 15% sits above 12.74% to 13.01%, and Ibancar Prestamos is priced lower.
- Anyone wanting an unsecured personal loan: the only loan type listed is secured, so a plan that needs no savings behind it is not in this offer.
NBG
Who it suits
- Greek residents spending day to day on a Mastercard debit card
- Savings customers with a lump sum ready for a fixed-rate term deposit
- Borrowers needing personal or consolidated debt dealt with by the bank directly
Who should look elsewhere
- Card shoppers drawn to the many listings with no annual fee, where the median is €0
- Frequent currency converters, since the 2% charge outruns the 1% median
- Anyone after a variable-rate account, which covers 53.9% of the listings
Country by country
| Country | Cheers Financial | NBG |
|---|---|---|
| Greece | No | Yes |
| United States | Yes | No |
Questions about each
Cheers Financial
What fees do I pay on top of the interest?+
The origination fee is 0 USD and the monthly fee is $0, so there is no recurring charge for keeping the plan running. The cost of borrowing shows up in the APR of 12.15% to 15% instead, and the representative example shows that interest collected across the monthly payments.
How does the APR compare with the other lenders here?+
Cheers Financial runs at 12.15% to 15%. Ibancar Prestamos is priced at 12.74% to 13.01%, AXI Card Tarjeta y Credito at 21.59% and Mi Prestamo at 23%, so Ibancar Prestamos is the cheaper named option for a reader shopping on cost.
NBG
What does it cost to hold an NBG account each month?+
The term deposit carries a monthly fee of €0, so nothing is taken each month on that account. Any other charges would sit with the individual product rather than the account, so check the card terms before applying. The deposit rate is set as fixed, not a monthly charge.
Which card network can I use?+
The card runs on the Mastercard network, listed as mastercard for this offering. That decides where the card is accepted and whether the balance leaves your account straight away. Mastercard takes 37.6% of the network listings on the site.
Other options to compare
Other matchups
Cheers Financial