Graduate Account


Get the breathing space you need once you’ve completed your education

Features and benefits

  • Planned Overdraft

    You can apply for a tiered-interest and fee-free Planned Overdraft of up to:

    • £2,000 in your first year after graduating,
    • £1,500 in your second year, and
    • £1,000 in your third year.
  • Graduate loan

    Get help when you're just starting out with a graduate loan of between £1,000 and £10,000 over 1-5 years. You can:

    • get a personalised quote with no credit footprint,
    • manage your loan online,
    • make additional payments without any charges, and
    • pay off your loan early free of charge.
  • Credit cards

    We've a range of credit cards to suit your needs and help spread the cost of spending. Our credit cards have some useful benefits. You can: get up to 56 days' interest free on purchases; choose whether to pay off the minimum amount, the whole balance, or any amount in between; and set up a monthly Direct Debit to take care of this. Take a look at our range of credit cards, with APRs between representative 6.4% APR (variable) and representative 52.1% APR (variable).

Keep in mind

  • Eligibility criteria

    To apply for a graduate loan, a Planned Overdraft or a Lloyds Bank credit card, you must be over 18 and resident in the UK.

  • Graduate loan

    You will need to be a Graduate Account holder for at least three months before you can apply for a graduate loan. All graduate loan applications are subject to approval after our assessment of your circumstances.

  • Overdrafts and credit cards

    All overdrafts are subject to our assessment of your circumstances and are repayable on demand.

Representative example
The overdraft interest rate we charge on the first £1,000 will be O% EARCloseEquivalent Annual RateThe Equivalent Annual Rate (EAR) is used for overdrafts. It shows the effect of interest accruing on interest, in a situation where no repayments to the borrowing are made in a year. This allows you to compare rates across different organisations. The calculation does not include fees or other charges which are quoted separately. variable. The overdraft interest rate on the next £1,000 will be 19.89% EAR variable and a monthly overdraft usage fee of £6 will apply. Based on a Planned Overdraft of £2,000 in year 3 of your Graduate Account.



Planned Overdraft


  • Setting up a Planned Overdraft is free.
  • You can apply for a tiered-interest fee-free Planned Overdraft up to £2,000 in your first year after graduating. In your second year of graduation the amount of your Planned Overdraft that is interest and fee-free will automatically reduce to £1,500 and to £1,000 in your third year.
  • All applications are subject to a review of your personal circumstances.
  • You can find all the information you need about Planned Overdrafts for graduates in our Graduate Account welcome pack (PDF, 1.58 MB)
Debit card

Services that come with Added Value Accounts

Debit card

You can withdraw up to £500 a day from a Lloyds Bank Cashpoint or other cash machines. You can use your Visa debit card in over 500,000 locations in the UK and 27 million worldwide.

More about debit cards

Banking your way

Banking your way

Quick, easy ways other than in branch to manage your money 24 hours a day, 7 days a week, online or on the phone with Internet Banking, PhoneBank® and Mobile Banking.

More about ways to bank

Everyday offers

Everyday Offers

Get up to 15% cashback using Everyday Offers at the type of places you regularly shop. It’s available to UK personal current account customers over 18, who bank online. Retailer offers and cashback amounts may vary.

More about Everyday Offers

Text Alerts

Text Alerts

Sign up for our Text Alerts, which can help you keep track of your finances. Limit Alerts tell you if you're near to or over your account limit. You can also get Balance Alerts that let you know when your balance is above or below a level set by you.

More about Text Alerts

Save The Change

Save the Change®

Register for Save the Change and make saving easy. When you buy something with your Lloyds Bank Visa debit card (and your account is in credit), the amount can be rounded up to the nearest pound, and the difference transferred to an eligible Lloyds Bank savings account.

More about Save the Change

Money Manager

Money Manager

Keep track of your spending and see at a glance where your money goes with our free Internet Banking service.

More about Money Manager


Switching made easy

Switching with us

We can move your current account to a Lloyds Bank Graduate Account in just seven working days. Your standing orders and Direct Debits will be automatically transferred to your new account. All you have to do is let us know the date you want to be switched and provide details of the account you want to switch from.

Current accounts and services are offered subject to your status. They are available only to personal customers who are aged over 18, are resident in the UK, and are either an EU national or have permission to stay in the UK for at least 12 months.

Find out how to switch


Ways to apply


Pop into any Lloyds Bank branch and our staff will be happy to help. In busier periods when staff may not be immediately available, we’ll be happy to book an appointment for a later date. You can also call 0345 300 0000 (+44 1733 347 007 from outside the UK) to book an appointment in advance. Lines are open 24 hours a day, 7 days a week.

You’ll need to bring:

  • Proof of graduation

If you aren’t an existing Lloyds Bank current account holder, you’ll also need to bring:

Find your nearest branch

Call us to make an appointment at your local branch

If you're missing any of these documents, call us on 0345 300 0000 (+44 1733 347 007 from outside the UK) to make an appointment at your local branch, and we'll do what we can to help.

Lines are open Monday – Friday 8am – 10pm, Saturday and Sunday 8am – 6pm.

You can apply for a Lloyds Bank Graduate Account if:
  • you've graduated within the past three years with a degree from a UK-based university
  • you're a permanent UK resident
  • you have confirmation of graduation

With so much choice, take a look at our other current accounts to see which account suits you best.

Compare accounts now

Switch your account to us within seven days

Switch Guarantee

Useful phone numbers

These lines are available 24/7.

Financial Services Compensation Scheme

FSCS logo

Important legal information

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065 Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. We also subscribe to the lending code. Details can be obtained from www.lendingstandardsboard.org.uk.Visit the Lending Standards Board website

Lloyds Bank plc registered office:
25 Gresham Street,
London EC2V 7HN.
Registered in England and Wales No. 2065.

We may monitor or record telephone calls to check out your instructions correctly and to help us improve the quality of our service. Calls from abroad are charged according to the telephone service provider’s published tariff. Not all Telephone Banking services are available 24 hours a day, 7 days a week. Please speak to an adviser for more information.

Account opening is subject to our assessment of your circumstances. You must be 18 or over to apply.

Overdrafts are repayable in full on demand. View Planned Overdraft borrowing interest rates.