Club Lloyds Current Account

  • As long as you pay £1,500 or more into your account each calendar month, we’ll waive the £5 Club Lloyds monthly fee. If in any month you do not pay in this amount, you will need to pay the £5 monthly account fee.
  • Earn variable tiered credit interest on balances between £1 and £5,000 when you pay at least 2 different direct debits from your account each calendar month.
  • 1.00% AER/1.00% Gross variable on balances from £1 to £1,999.99.
  • 2.00% AER/1.98% Gross variable on balances of £2,000-£3,999.99.
  • 4.00% AER/3.93% Gross variable on balances of £4,000 to £5,000.
  • The interest rate applies to your whole balance up to £5,000. No interest is paid on amounts over £5,000

    • Exclusive access to other Lloyds Bank products, such as savings and mortgages.
    • Choice of one Lifestyle Benefit from three options each year per account – dining offers with annual Gourmet Society membership, 6 Vue cinema tickets, or an annual magazine subscription from a selection of titles.
    • £100 interest and fee-free planned overdraft subject to application and approval.
    • Discover easy ways to manage your money.
    • Move all your payments to your Club Lloyds account in just seven working days with The Current Account Switch Service. You'll be able to switch at the end of the online application form.
    Current Account Visa card

    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

    What you get with your Club Lloyds current account

    • As long as you pay £1,500 or more into your account each calendar month, we’ll waive the £5 Club Lloyds monthly fee. If in any month you do not pay in this amount, you will need to pay the £5 monthly account fee.
    • Earn monthly tiered interest on your balance - 1.00% AER/1.00% Gross variable on balances from £1 to £1,999.99, 2.00% AER/1.98% Gross variable on balances of £2,000-£3,999.99 and 4.00% AER/3.93% Gross variable on balances of £4,000 to £5,000, when you pay at least 2 different direct debits from your account each calendar month: Interest is paid monthly. The interest rate applies to your whole balance up to £5,000. No interest is paid on amounts over £5,000.
    • Exclusive access to other Lloyds Bank products, such as savings and mortgages.
    • Choose a Lifestyle Benefit per year per account from:
      • Annual Gourmet Society membership.
      • 6 Vue cinema tickets.
      • Annual magazine subscription from a list of 14 printed or digital titles.
      We use selected third parties to provide you with the lifestyle benefits through the Grass Roots Group Limited.
    • £100 interest and fee-free Planned Overdraft, subject to application and approval. Find out more about overdrafts.
    • A grace period if you go over your limit. You have until 3.30pm (UK Time) to pay in enough money to avoid any overdraft fees you might otherwise incur  that day. Find out about overdrafts.
    • Withdraw up to £500 per day using your Club Lloyds debit card at  more than 63,000 LINK cash machines.
    • Easy switching – we can help move Direct Debits and standing orders from your existing accounts to your Club Lloyds current account.
    • Keep track of your money across your Lloyds Bank personal current accounts with our free Internet Banking service, Money Manager.
    • Quick, easy ways to manage your money 24 hours a day, 7 days a week with Internet Banking, PhoneBank® and Mobile Banking.
    • Access to one of the biggest banking networks in the UK with over 1,800 branches.
    • Everyday Offers - Click, Shop and Enjoy. With Everyday Offers you can earn up to 15% cashback using offers at places you regularly shop. 
    Not sure the Club Lloyds current account is right for you?

    Current Account services

    Overdrafts

    Manage your money with a Planned Overdraft. We offer them on most accounts.

    Save The Change®

    Put away the pennies every time you spend.

    Debit cards

    Use your card in over 500,000 UK locations and 27 million places worldwide.

    Money Manager

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

    Add a second party to your account. It’s a convenient way to share outgoings such as household bills, shopping and mortgage/rent payments or budget for holidays and special purchases. More information about Joint Accounts.

    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%

    Club Lloyds Saver

    To open a Club Lloyds Saver, you need to hold a Club Lloyds personal current account or Club Lloyds Added Value Account.

    Club Lloyds Saver gives you instant access to your account online, by phone and in branch.

    Interest is paid at a variable rate, either monthly or annually.

    Earn 0.75% Gross / AER variable interest. This rate includes a fixed introductory bonus of 0.55% for the first 12 months on balances of £1,500 or more.

    After 12 months, or if your balance is below £1,500, the variable rate without bonus will apply. This is currently 0.20% Gross/AER.

    Club Lloyds Monthly Saver

    To open a Club Lloyds Monthly Saver, you need to hold a Club Lloyds personal current account or Club Lloyds Added Value Account.

    Club Lloyds Monthly Saver is an instant access regular savings account. Save between £25 and £400 every month via standing order.

    Interest rate of 4.00% Gross/AER fixed for the first 12 months. Representative example: If you save £200 each month, you'll earn £52.21 gross (£41.77) interest after 12 months.

    You can withdraw money as often as you like with no charges, but you can only pay into the account via your monthly standing order, so you can’t replace money you withdraw.

    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. You can then open another Club Lloyds Monthly saver if you choose.

    Maximum one Club Lloyds Monthly Saver per person.

    See our full range of savings accounts

    Club Lloyds Mortgages

    As a Club Lloyds customer you could apply for one of our exclusive Club Lloyds residential mortgages. See our range of mortgages.

    Club Lloyds rates aren’t available for Local Lend a Hand mortgages, mortgages over £1m, shared equity, shared ownership, negative equity, buy-to-let, further advances or product transfers.  

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

    Pick your Lifestyle Benefit

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

    Dining offers
    Enjoy 2 for 1 meals or 25% off your food and drinks bill at over 6,000 participating restaurants in the UK and Ireland.

    Eat at national chains, award-winners and local favourites.

    You’ll receive a membership card and details of how to download the app.

    Cinema tickets
    Get six tickets to films showing at any Vue cinema across the UK. You’ll enjoy a great view of the extra-large screen with Vue’s stadium-style seating in most of its cinemas.

    Magazine subscription
    Choose from one of 13 magazines and have it delivered to your door or available for download to your Apple device.

    Current titles: Cosmopolitan, Country Living, ELLE, ELLE Decoration, Esquire, Good Housekeeping, 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.


    Please read the Lifestyle Benefits Terms and Conditions

    Find out more about Club Lloyds Lifestyle Benefits

    Club Lloyds customers can take advantage of a planned interest and fee-free overdraft of up to £100, subject to application and approval.
    • We won't charge you for setting up a Planned Overdraft.
    • You'll only pay overdraft fees and interest if you use an overdraft.
    • Apply to increase, decrease or cancel your overdraft whenever you want.
    • 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.
    • 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.
    • Interest and Fee-free overdrafts (subject to application and approval) are available with our Club Lloyds current account, Club Lloyds Silver, Club Lloyds Gold, Club Lloyds Platinum and Club Lloyds Premier Accounts.
    • You can find more details about all our overdraft fees, and an explanation of how our overdrafts work, in our Banking Charges Guide.
    • You can keep an eye on your money on the move when you sign up for text alerts. We can send:
      • Limit alerts – if you're near to or over your account limit, we'll let you know to help you avoid accidental overdraft fees.
      • High and low balance alerts – when your balance reaches or falls to a certain level, we'll let you know so you can transfer money in or out of your account.

    Find out about overdrafts

    Let us take the stress out of changing banks

    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 dedicated welcome team will do everything they can to help your switch run 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. Just fill in a few details and we will:

    • contact your other bank for a list of your Direct Debits and standing orders
    • tell you when your transfer is due to complete
    • set up your standing orders and ask your service providers to start claiming your Direct Debits from your Lloyds Bank account after your transfer date
    • keep you informed of how your switch is progressing and let you know what you need to do and when
    • arrange an interest and fee-free Planned Overdraft for 3 months (subject to application and approval) *

    You may hold a maximum of one account with Club Lloyds benefits in your sole name and one in joint names. This could either be a Club Lloyds current account or an Added Value current account with a Club Lloyds benefit package.

    You can only open one Club Lloyds account online. If you would like to open a second Club Lloyds account, please visit your local branch or call 0845 3000 000.

    Apply online

    Just fill in our simple online application form. It takes about 10 minutes and you’ll need to have a few bits of information to hand.

    On the Phone

    0800 015 4000

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

    In branch

    Staff in our branches will be happy to help.

    When you apply you will need proof of your identity and your address.

    You may hold a maximum of one account with Club Lloyds benefits in your sole name and one in joint names. This could either be a Club Lloyds current account or an Added Value current account with a Club Lloyds benefit package.

    You can only open or upgrade to one Club Lloyds account online. If you would like to open or upgrade to a second Club Lloyds account, please visit your local branch or call 0845 3000 000.

    Apply online

    Applying online is easy.

    If you’re not registered for Internet Banking

    Upgrade now

    If you are an existing Internet Banking current account customer, you can join Club Lloyds online.

    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 at a discounted price for a monthly fee. These typically include annual travel insurance, AA Breakdown Cover, mobile phone insurance, card protection and overdraft benefits.

    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.

    Everyday Offers

    Click, Shop and Enjoy.
    As a Classic Account customer you are eligible for Everyday Offers. Log on to Internet Banking and activate.

      Why not try…

      Classic Account customers can apply to upgrade to our Silver Account. Our Silver Account offers a great package of benefits including breakdown cover and travel insurance.

      Save the Change®

      Save a few pennies every time you spend with your Lloyds Bank Visa debit card, into your own savings account or nominate a family member's account.

      Find out moreFind out more about Save the Change®