1EAR is the Equivalent Annual Rate. This is the actual annual rate of an overdraft. It doesn't take into account other fees and charges.
From 2nd September 2016 the interest rate payable when you go over the interest and fee free amount of your Planned Overdraft or you use an Unplanned Overdraft will change to 19.89% EAR variable. This is an increase for Platinum, Premier, Club Lloyds Platinum, Club Lloyds Premier and Graduate accounts and a decrease for Club Lloyds, Classic, Select, Silver, Gold, Club Lloyds Silver and Club Lloyds Gold accounts. The Guide to Changes provides further information, including confirmation of the current interest rates.
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. Authorisation can be checked on the Financial Services Register at www.fca.org.uk. Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). We subscribe to the Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065.
How much we lend (if any) is subject to our assessment of your personal circumstances. Overdrafts are also repayable on demand.