Rates & Charges

Clear figures so you can make comparisons

Weighing benefits against costs is an important part of any business decision. Review our tariffs and stay on top of costs to make sure you choose the most rewarding plan for your business.

The current Bank of England Bank Rate is 3.00% (effective from 3rd November 2022).

Unauthorised borrowing - If you overdraw your account or exceed an overdraft limit without prior agreement, you’ll be charged a higher rate of interest on this unauthorised borrowing. The Unauthorised Borrowing Interest (UBI) rate is 22.5% above the Bank of England bank rate.

For the purpose of calculating the UBI rate, if the Bank of England bank rate falls below 0%, the Bank of England bank rate will be treated as 0% until such time it exceeds 0%.

Electronic Business Tariff

If you regularly make transactions electronically – at ATMs, through internet banking or using automated payment tools like Faster Payments – the Electronic Business Tariff may be a better option than Business Extra Tariff, as this tariff ensures you pay less or nothing for these types of transactions.

Electronic Business Tariff page

Business Extra Tariff

With our Business Extra Tariff, you’ll be charged per transaction. If you plan to make only a small number of transactions per month, it may be the more cost-efficient option. Or you could move on to our Electronic Business Tariff, which offers lower charges for electronic transactions.

Business Extra Tariff page

Specialist Accounts Tariff

We apply a specialist tariff on our School Bank Account, Segregated Funds Account, Designated Client Account, Undesignated Client Call Account and Trustee Account products. Our specialist tariff is provided free of charge, however charges for CHAPS, International Payments, Online Channels and other services apply.

View rates and charges (PDF, 232MB)

Tariff Calculator

Get a detailed comparison of the different rates under each of our tariffs.

Tariff comparison calculator

Compare our tariffs

Work out which tariff is best for you.

Tariff comparison tables

Credit interest rates

Standard Credit interest rates paid on Current, Client and Call accounts.

Important Legal Information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.