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Student Account

LLOYDS BANK CURRENT ACCOUNTStudent Account

Packed with all you need to make the most of your studies


  • Interest and fee-free Planned Overdraft

    You can apply for an interest and fee-free tiered Planned Overdraft of up to £1,500 in years 1-3 and up to £2,000 in years 4-6 (available if aged 18 or over).

  • Free everyday banking

    Stay in credit and you won’t have to pay monthly fees. Bank your way with the Mobile Banking app, Internet Banking , Telephone Banking,  in branch, and also get free Text Alerts.

  • 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.

  • Convenient payments with contactless

    You’ll get a Lloyds Bank Visa debit card and if you’re 18 or over, the debit card will be enabled for contactless payments, providing a faster way to pay for your everyday essentials.

  • Eligibility criteria

    To apply for a Lloyds Bank Student Account you must be 17 or over, have been a resident in the UK for at least three years and be studying for a full-time course that lasts for a minimum of two years or be on a one year access course leading onto a full-time degree.

  • International students

    If you don’t meet the eligibility criteria for a Lloyds Bank Student Account you may be eligible for our Classic Account  or another one of our Lloyds Bank current accounts.

  • Overdrafts and credit cards

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

Representative example:
If you use a Planned Overdraft of £1,800 in your second year the overdraft interest rate we will charge on the first £1,500 will be 0% EAR CloseEquivalent 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 and a monthly overdraft usage fee will not apply. The overdraft interest rate on the next £300 will be 8.21% EAR variable and a monthly overdraft usage fee of £6 will apply.

 

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Overdrafts

Planned Overdraft

  • Setting up a Planned Overdraft is free.
  • In your first year, you can apply for a Planned Overdraft where there is an interest and fee-free amount of up to:
    • £500 for the first 6 months from account opening,
    • £1,000 from month 7 from account opening,
    • £1,500 from month 10 from account opening.
  • In your second and third year, your Planned Overdraft can be up to £1,500
  • In your fourth year and above, your Planned Overdraft can be up to £2,000
  • You can find all the information you need about Planned Overdrafts for students in our Student Account welcome pack (PDF, 1.7 MB)

All applications are subject to a review of your personal circumstances.

More about Personal Overdrafts

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

Mobile app

Mobile Banking app

Our Mobile Banking app for iOS and Android are quick and easy to install, fast, convenient and more secure than ever - the easy way to stay on top of your money. Bank where you want with the latest built-in security technology that keeps your details safe and private. More and more customers are choosing the flexibility, convenience and security of banking on their mobile.

Personal UK Internet Banking customers only. Terms and Conditions apply.

More about the Mobile Banking app

Switching

Switching made easy

Switching with us

We can move your current account to a Lloyds Bank Student 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

When you are no longer eligible for the Student Account, for example you graduate from your course, we will convert your account to a Graduate Account, unless you make alternative arrangements with us.

If you are not eligible for a Graduate Account (for example you leave full-time study before graduating) we will convert your account to a Classic Account (or similar account if it is no longer available).

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.

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).

Ways to apply - online

Online

Fill in our simple application form online. We’ll just need a few pieces of information and you’ll need to be 17 or over, have been a resident in the UK for at least three years and be studying a full-time course that lasts for a minimum of two years or be on a one year access course leading to a full-time degree.

You will need to pop into branch once your application is successful to provide staff with the following:

  • Your UCAS confirmation of place letter or a letter from your university of college confirming your place
  • Proof of identity (such as a passport or driving licence)
  • Proof of address (such as a utility bill dates within the last 6 months)

Apply for a Student Account online

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In branch

Pop into your nearest 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'll need to bring the following documents with you, which should be originals and not photocopies:

  • Your UCAS confirmation letter or a letter from your university/college confirming your place.

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

  • Proof of ID (such as a passport or driving licence)
  • Proof of address (as long as it's not a mobile phone bill, this can be any official document that's less than three months old, with your name and current address).

See more information about proving your identity when applying for a new account with us.

Find your nearest branch

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 can apply for a Lloyds Bank Student Account if:

 

  • you’re aged 17 or older
  • you’re studying full-time on an eligible course of at least two years' duration, or a one-year full-time access course leading to a degree.

ClockThe application process typically takes about 10 mins Apply now

Choosing the right account for you

To apply for a Lloyds Bank Student Account you must be 17 or over and be studying for a full-time course that lasts for a minimum of two years or be on a one year access course leading onto a full-time degree.

If you plan to study in the UK, you may be eligible for our Classic Account  or another one of our Lloyds Bank current accounts.

Information for International students applying for a Classic Account

• Free everyday banking

Stay in credit and you won’t have to pay monthly fees. Bank your way with Internet Banking, Telephone Banking, Mobile Banking, in-branch, and also get free Text Alerts.

• Debit card

You can use your Visa debit card to shop online and in over 500,000 locations in the UK and 27 million worldwide.

• Cash withdrawals

You can withdraw up to £500 a day from a Lloyds Bank Cashpoint or other cash machines.

• No overdraft

International Students who have lived in the UK for less than 3 years are not eligible for an overdraft.

Ways to apply

Applying for an account online can be a convenient way to open  an account but do bear in mind that you will be required to provide proof of identification and address at a Lloyds Bank branch to complete your application.

Classic Account details

What documents can I bring?

After applying for a current account online, you will need to provide proof of your identity and address  at your nearest branch within 14 days so we can continue with your application. All documents must be the most recent ones. We don’t accept expired documents or documents printed off the internet.

We need to see one of the following documents.

This document must show your full name. You can choose from the following:

•  current United Kingdom, European Union or European Economic Area photo driving licence
•  current UK / EU / EEA passport
•  EU / EEA identity card
•  all other current signed passports with a valid UK visa
•  benefits or pensions notification letter confirming the right to benefit
•  current UK non-photo driving licence
•  blue disabled driver’s pass.

PLUS

We need to see one of the following documents.

This document must show your full name and current address. You can choose from the following:

•  bank, credit card or building society statement showing transactions
•  current UK driving licence (if it hasn’t been used as proof of your identity)
•  utility bill
•  local authority tax bill for current year
•  benefits of pensions notification letter confirming the right to benefit (if it hasn’t been used as proof of your identity)
•  original letter on headed paper issued by educational institution confirming place on a course (must confirm full name, UK and overseas address, start and end date of course)

We reserve the right to ask for additional documents. If you don’t have the documents listed above, we may be able to accept others so please speak to a member of staff if you have any questions about this or any of our services.

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