CLUB LLOYDS CURRENT ACCOUNT

 

  • Earn up to 4% AER variable credit interest, if you pay two separate Direct Debits each month.
  • Choose from a great selection of lifestyle benefits.
  • Access to exclusive offers on other Lloyds Bank products.

Get all this for free if you pay in £1,500 a month, otherwise the account costs just £5 per month.

Current Account Visa Card

  Up to 4% AER variable credit interest

Earn credit interest on your whole balance up to £5,000, if you pay two Direct Debits each month.

  • If your balance is £4,000 to £5,000, you'll earn 4% AER/3.93% Gross on it all.
  • If your balance is £2,000 to £3,999.99, you'll earn 2% AER/1.98% Gross on it all.
  • If your balance is £1 to £1,999.99, you'll earn 1% AER/Gross on it all.
  • If your balance is over £5,000, you'll still earn 4% AER/3.93% Gross on the first £5,000, but 0% on anything over that.

Find out more about credit interest

  Choose your lifestyle benefit

As a Club Lloyds customer you can choose a different Lifestyle Benefit every year per account from:

  • 6 VUE cinema tickets.
  • An annual magazine subscription.
  • Annual Gourmet Society membership.

Find out more about lifestyle benefits

  Exclusive banking offers

As a Club Lloyds customer you will get access to exclusive offers on a range of Lloyds Bank products, including:

  • Discounted Mortgage rates.
  • Preferential Savings rates.
  • Home Insurance discounts.

Find out more about exclusive banking offers

Whether you are a new customer or you already have a current account with us, it's easy to open a Club Lloyds Current Account.

New customer

It's easy to apply online. All you'll need is:

  • address details for the last three years.
  • details of your pensions, benefits, income and savings.
  • employer's name and address.

>Apply now

Existing current account customer

It's quick and easy to upgrade to Club Lloyds Current Account if you're already registered with Internet Banking.

>Upgrade now

Earn up to 4% variable credit interest on your entire balance up to £5,000

 
Earn variable tiered credit interest on balances between £1 and £5,000 when you pay at least 2 different direct debits from your Club Lloyds current account each calendar month.

Club Lloyds interest rates are variable and apply to your whole balance.

For example, if you have £4,000 in your account for one year, you'll receive an interest rate of 4% AER/3.93% Gross variable on your entire balance, provided you pay two different Direct Debits from your Club Lloyds current account each calendar month.

Interest is calculated daily, and paid monthly but will not be paid in any month you do not have two different direct debits paid from your account, or on amounts over £5,000.

Balances between Interest is calculated daily, and paid monthly into your account
  AER% Gross% Net%
£1 & £1999.99
1.00% 1.00% 0.80%
£2,000 & £3,999.99
2.00% 1.98% 1.59%
£4,000 up to £5,000
4.00% 3.93% 3.14%

  As a Club Lloyds customer you can choose a different Lifestyle Benefit every year per account

  VUE Cinema Tickets

  • 6 VUE cinema tickets to use during the year at over 80 VUE cinemas nationwide.
  • Cinema tickets can be used for standard 2D admission ticket and can also be used as part payment on non-standard admission, e.g. 3D screenings.
  • Tickets are valid for 12 months.

  Magazine subscription

  • Choose 1 of the following 13 magazines to have delivered directly to your door or downloaded to your Apple device.

Cosmopolitan
Country Living
Elle
Elle Decoration
Esquire
Good House Keeping
Harper’s Bazaar
House Beautiful
Men’s Health
Prima
Red
Runner’s World
Women’s Health

Apple is a registered trademark of Apple inc. registered in the U.S and other countries.

Gourmet Society membership

  • The Gourmet Society gives you discounts at 6,000 restaurants around the UK and Ireland.
  • Membership entitles you to unlimited access to offers such as:
  • 2 for 1 meals
  • 25% off your total bill
  • 50% off food
  • With your membership you will receive a membership card and a downloadable app, valid for 12 months.
  • The membership can be used as many times as you like during the year.

As a Club Lloyds customer you will get exclusive access to offers on a range of Lloyds Bank products

Savings

Club Lloyds Monthly Saver

  • Earn 4.00% Gross/AER fixed for the first 12 months.
  • Save between £25 and £400 every month via standing order.
  • After 12 months your account will mature to an Easy Saver account, currently paying 0.50% Gross/AER variable including a fixed bonus of 0.30% for the first 12 months
  • Instant access to your account, online, by phone and in branch.
  • Representative example: If you save £200 each month, you'll earn £52.21 gross (£41.77) interest after 12 months.

Club Lloyds Saver

  • Earn 0.75% Gross/AER on balances of £1,500 or more – inclusive of a fixed introductory bonus of 0.55% for the first 12 months.
  • After 12 months, or if your balance is below £1,500, the variable rate without the bonus will apply. This is currently 0.20% Gross/AER
  • Instant access to your account, online, by phone and in branch.

Mortgages

  • As a Club Lloyds current account customer you can take advantage of our 0.20% discount on your initial mortgage rate.
  • The following types of mortgages are excluded;
  • Local Lend a Hand
  • Shared Equity and Shared Ownership
  • Negative Equity
  • Buy to Let
  • For more information, book an appointment in branch or call us on 0800 783 3534.
  • Lines are open 8am-8pm Monday to Friday and 9am-2pm on Saturdays. We’re closed on Sundays and Bank Holidays.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Home Insurance

  • As a Club Lloyds customer we’ll give you a 10% discount when you take out a new combined buildings and contents policy, or upgrade from a buildings only or contents only policy to a combined one.
  • The Club Lloyds offer is available on Home Solutions and Home Options products and is not available via comparison sites. This offer is in addition to all other offers you may be entitled to. Minimum premiums may apply – please see the separate offer conditions for each product.
  • For more about our Home Solutions insurance visit us in branch or call us on 0800 022 4857. For Home Options insurance please log in to Internet Banking or call us on 0800 056 0122.

 

See more information about our Home Insurance policies

As a Lloyds Bank customer, you’ll have access to a fantastic combination of services and banking on the move


Banking on the move with our award winning Mobile Banking App*.

Access to one of the biggest banking networks in the UK

Banking you way 24/7, via the Internet & Telephone Banking

Get up to 15% cashback with Everyday Offers through Internet Banking

A contactless Visa debit card, with a £500 a day ATM withdrawal allowance

Keep track of your money, wherever you
are with Text Alerts

*2014 World Innovation Awards - Innovation in the delivery of financial products (Mobile)

Switch your current account to us in just  7 working days, using our hassle free process

Whether you want to move to Lloyds Bank or you already bank with us and want to open a new Club Lloyds current account, switching is easy. Our team will do everything to ensure your switch runs smoothly, including transferring all your Direct Debits and standing orders to your new account for you.

You'll be able to switch your account to us at the end of your online application.

Here's how the process works

 

 

 

 

 

 

 

 

 

 

 

 

Take advantage of a planned overdraft with an interest and fee-free amount of up to £100, subject to application and approval.

 

  • Setting up a Planned overdraft is free and you'll only pay overdraft fees and interest if you use an overdraft
  • Apply to increase, decrease or cancel your overdraft whenever you want.
  • You can keep an eye on your money on the move when you sign up for text alerts including Limit Alerts and Low Balance Alerts
  • Our grace period gives you until 3:30pm (UK time) every day to pay in enough money to avoid any overdraft fees you may incur that day. Transfer money from another personal account you have with us via Mobile Banking, Internet Banking or Phonebank® or pay in cash over the counter in a branch.
  • You can find more details about all our overdraft fees, and an explanation of how our overdrafts work, in our Banking Charges Guide.
  • All overdrafts are subject to our assessment of your circumstances and are repayable in full on demand. You must be aged 18 or over to apply.

Representative Example

If you use a Planned Overdraft of £1,200 on our Club Lloyds Account the overdraft interest rate we charge on the first £100 will be 0% EAR variable. The overdraft interest rate on the next £1,100 will be 19.94% EAR variable and a Monthly Overdraft Usage Fee of £6 will apply.


Find out about overdrafts

It should only take a few minutes to upgrade your existing Lloyds Bank current account to Club Lloyds with Internet Banking

Upgrade your existing  Lloyds Bank Current account to Club Lloyds

  • It's quick and easy to upgrade to Club Lloyds Current Account if you're already registered with Internet Banking.
  • You will keep your existing sort code & account number.
  • If you are upgrading an Added Value Account you will retain your insurance benefits.
  • If your account has a planned overdraft limit, this will be retained.

Club Lloyds Current account

  • Earn up to 4% AER variable credit interest, if you pay two separate Direct Debits each month.
  • Choose from a great selection of lifestyle benefits.
  • Access to exclusive offers on other Lloyds Bank products.


Get all this for free when you pay in £1,500 a month, otherwise the account costs just £5 per month.

Whether you are a new customer or you already have a current account with us, it's easy to open a Club Lloyds Current Account.

New customer

It's easy to apply online. All you'll need is:

  • address details for the last three years.
  • details of your pensions, benefits, income and savings.
  • employer's name and address.

>Apply now

Existing current account customer

It's quick and easy to upgrade to Club Lloyds Current Account if you're already registered with Internet Banking.

>Upgrade now

Glossary

Account balance

The amount of money you have in your account at a particular time. Sometimes a balance will include payments that have been made to your account, but are not yet available because they haven’t cleared. This means that the money has not been received by the bank and is not available to spend. The money which has cleared and that you can spend is sometimes called your available funds or available balance.

Added Value Account

An Added Value Account is a current account that offers a package of additional benefits for a monthly account fee. These accounts typically include travel insurance, AA Breakdown Cover and mobile phone insurance.

AER

AER means Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily.

EAR

EAR is the Equivalent Annual Rate. This is the actual annual rate of an overdraft. It doesn't take into account other fees and charges.