Under 19s Account

Under 19s Account at a glance

  • Easy access to your money with a Lloyds Bank Visa debit card to pay for things in shops and online, and to take out cash at cash machines, or a Cashpoint® card for taking out money at cash machines.
  • A competitive interest rate – earn a great variable rate of interest, paid quarterly, of 2.50% AER (2.47% Gross) on balances up to £2,500 and 0.10% AER (0.10% Gross) variable interest on amounts above this.
  • Save up to £75.99 with the AA Driving School (if you’re 17 or over).
  • Text Alerts - keep track of your money by text whenever you want (available if you are over 16). If you're aged between 11-15 you can register for Weekly Balance Alerts and Overseas Transaction Alerts.

What you get with a Lloyds Bank Under 19s Account

The choice of

  • a Lloyds Bank Visa debit card which you can use to pay for things in shops, on the Internet, or to access your money at cash machines
  • a Cashpoint® card for taking money out at any Lloyds Bank Cashpoint ® or other cash machines.

Find out about our debit cards

  • A competitive rate of interest. Earn a variable rate of interest, paid quarterly, of 2.50% AER (2.47% gross)** on balances up to £2,500 and 0.10% AER/gross on amounts above this.
  • Ways to keep track of your money with Weekly Balance Alerts to your mobile (you need to register for these) and regular statements
  • Overseas Transaction Alerts telling you when your Visa debit card has been used abroad (you need to register for these)
  • Over 1,800 branches – so you'll find us in nearly every high street
  • Instant access to your money 365 days a year

What you get with a Lloyds Bank Under 19s Account

  • A Lloyds Bank Visa debit card to pay for things in shops and online, and to take out cash from any Lloyds Bank Cashpoint® or ATM. Find out more about our debit cards.
  • A great variable rate of interest, paid quarterly, of 2.50% AER (2.47% gross) on balances up to £2,500 and 0.10% AER/gross on any amounts above this.
  • A way to stay in control of your money with Mobile Banking. This includes Text Message Services and our Mobile Banking app (you need to register for these).
  • The chance to save up to £75.99 with the AA (if you're 17 or over). Save £36 on AA driving lessons and get a free Pass Your Test CD-ROM worth £19.99. After passing your test, you can get £20 off Pass Plus – the qualification for advanced practical skills.
  • Regular statements so you can keep track of your money and the option to sign up for online statements when you register for Internet Banking.
  • Quick, easy ways to manage your money 24 hours a day, 7 days a week with Internet Banking, PhoneBank® and Mobile Banking.
  • Easy savings with Save the Change™. Just register and every time you buy something with your Lloyds Bank Visa debit card, the amount you spend will be rounded up to the nearest pound and the difference will be transferred from your current account into your eligible Lloyds Bank savings account. Register for Save the Change™.
  • Mobile top ups. To make life easier, you can use our top-up service for pay as you go mobile phones, available at over 4,200 Lloyds Bank Cashpoint® machines.
  • Access to your money at any time. We have over 1,900 branches and our ATM network is one of the largest in the UK.
Balance AER % Gross % Net %
£1 - £2,500 2.50 2.47 1.98
£2,500 + 0.1 0.1 0.08

These interest rates are correct as at 23/11/2009.

Interest rates are variable.

Interest is paid quarterly.

Debit cards

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

Find out more Find out more about Debit Cards

    Save the Change®

    Put away the pennies every time you spend.

     

    Get started Get started with Save The Change

      Money Manager

      The easy way to see where your money goes.

      See how it works Find out more about how Money Manager works

        To open an Under 19s account, you must be aged between 11 and 18. You can apply for an account at your local branch.

        If you’re aged between 11 and 15

        You must have a parent or guardian with you when you open your account and when you apply for additional services.

        You’ll need two forms of ID, such as your passport or birth certificate, as well as proof of your parent’s identity and address.

        If you’re over 16

        You don’t need to be accompanied by a parent, but you need to bring in two forms of ID and proof of your address.

        How to apply

        To open an Under 19s Account, you must be aged between 11 and 18.

        If you’re aged between 11 and 15, a parent/guardian must be with you when you open your account and/or when you apply for more services.

        You’ll need two forms of ID, such as passport or birth certificate, as well as proof of your parent’s identity and address.

        If you’re over 16, you don't need to be accompanied by a parent but need to bring in two forms of ID and proof of your address.

        Apply at your local branch

        Why not try…

        Are you at university? Try our Student Account.

        Find out more Find out more about our Student Account