How to do a money transfer

Moving money from your Lloyds Bank credit card to your current account could be useful for dealing with unplanned expenses or for when you can’t use plastic.

What is a money transfer and how does it work?

Read our in-depth guide to find out all you need to know about money transfers.

Money transfer guide

4 steps to making a money transfer

1. Log on

Log on to Internet Banking online or with the app, and check what money transfer options are available on your account.

2. Fill in a simple form

Once there, simply follow the onscreen instructions.

You might have to do a quick automated security check depending on who you bank with. This should only take a few minutes.

3. Enter transfer amount

The minimum amount for money transfers is £100.

You can only transfer up to 93% of your credit limit, including your existing balance, to allow for fees and transactions that haven’t hit your account yet.

4. Approval

Once approved, money transfers usually show on your account the next working day after we approve them. They can’t be cancelled, and fees can’t be returned.

Ready to make a money transfer?

Make a money transfer

What do I need before I make a money transfer?

  • Make sure you have the bank account details you want to transfer to with you, as you’ll need to tell us the account number and sort code. 
  • It must be a UK current account in your name, registered to the same address as your Lloyds Bank credit card.
  • Read everything thoroughly before you submit your request. 
  • Once your promotional period rate ends, any remaining balance will revert to the standard rate for money transfers.


Not got a Lloyds Bank credit card?

Find out which cards you’re likely to be accepted for in about 5 minutes with One Check.

See our credit cards

Other important information

Before you go ahead, ask yourself:

  • Does this option suit my borrowing needs, or should I consider other alternatives?
  • Will I be able to make repayments, even if my circumstances change?

Still not sure? Read our money transfer guide

All set to do a money transfer?

Log on to see your options in Internet Banking or using the Lloyds Mobile Banking app.

View my options

Register for Internet Banking

Get the Mobile Banking app

Where next?

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.

Download the statement of responsibilities (PDF 60kb)