Offer ends 14th November 2022. You wont be eligible if you’ve received an incentive for switching to a Lloyds account since April 2020. You may need to pay a monthly fee to maintain the account. Full terms and conditions can be found below. 

Our accounts come with the following great features

  • Contactless and mobile payments - get a VISA debit contactless card and use Apple or Google Pay to make mobile payments.
  • Mobile Banking app and Internet Banking - both highly secure and packed with features to make banking fast and convenient, wherever you are.
  • Mobile alerts - to help you keep track of your money.
  • Overdraft facility available - all overdrafts are subject to our assessment of your circumstances, and are repayable on demand.
  • Get up to 15% cashback - earn cashback with Everyday Offers when you pay by credit/debit card or Direct Debit with selected retailers. Merchant offers and cashback amounts vary. Internet Banking registration required. T&Cs apply.
  • Save the Change® - round your card payments up to the nearest pound to save as you spend.

Choose the best current account for you

From no frills, everyday banking, to accounts packed with extra benefits for a monthly fee - we've got the right account for you.

Classic account

Free everyday banking

  • No monthly fee for maintaining the account
Classic account

Club Lloyds account

Included in £150 switching offer

£3 monthly fee for maintaining the account, but we’ll refund this every month in which you pay in £1,500 or more.

  • Earn interest on your money - on balances up to £5,000,  when you pay out two different Direct Debits each month
  • Choose a yearly benefit from:
    • a Gourmet Society membership
    • 6 cinema tickets
    • a magazine subscription
    • 12 digital movie rentals
Club Lloyds account

Platinum account

£21 monthly fee for maintaining the account

  • Worldwide multi-trip family travel insurance
  • AA Breakdown Family Cover
  • Mobile phone insurance
Platinum account

Club Lloyds Platinum account

Included in £150 switching offer

£21 monthly fee for maintaining the account
+
£3 monthly Club Lloyds fee,
but we’ll refund this every month in which you pay in £1,500 or more.

 

  • Worldwide multi-trip family travel insurance
  • AA Breakdown Family Cover
  • Mobile phone insurance
  • Choose a Club Lloyds benefit each year
  • Earn interest on your money – on balances up to £5,000, when you pay out two different Direct Debits each month
Club Lloyds Platinum account

Youth and student accounts

Whether you're a full-time student or looking for your child's first account, we've got a range of youth and student accounts for you. View all youth and student accounts.

Smart Start

Our current account and savings account for 11 to 15 year olds.

  • Contactless debit card
  • Mobile Banking app
  • Parental oversight of account
Smart Start

Under 19s Account

Everyday banking allowing children and teens to make the most of their money.

  • Contactless debit card
  • Mobile Banking app
  • Credit Interest
Under 19s Account

Student Account

An account that helps keep on top of your finances so you can focus on your studies.

  • Contactless debit card
  • Free TOTUM card
  • Mobile Banking app
  • Overdraft facility available*

* All overdrafts are subject to our assessment of your circumstances, and are repayable on demand.

Student Account

Set up the Mobile Banking app

Everyday banking on the go where you can:

  • View account statement and search transactions
  • View card details- instantly view your card information and use it for online shopping
  • Report a card as lost or stolen or temporarily freeze it
  • View pin
  • Log on securely using fingerprint or Face ID with a compatible device

Service Quality Information for personal current accounts

The requirement to publish the Financial Conduct Authority Service Quality Information for personal current accounts can be found here.

Switching current accounts

Switching to a current account with Lloyds is simple and secure:

  • Use the Current Account Switching Service
  • You can transfer everything in seven working days
  • You choose a switch date that suits you
  • Important payments like Direct Debits, salary and standing orders are moved over
  • Over 99% of UK current accounts are covered by the Current Account Switch Guarantee
  • Every bank and building society follows the same process
  • If anything goes wrong, we will refund any interest or charges on your old or new account as a result

Current Account Switch Guarantee

  • To qualify for the £150 switching offer (“the offer”) you must switch to a Club Lloyds Account or Club Lloyds Platinum Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. The following conditions apply:

    • Use the ‘Current Account Switch Service’ to transfer all the active credits and debits from the bank account that you hold with another bank to a Club Lloyds Account (£3 monthly maintaining the account fees apply) or Club Lloyds Platinum Account (£21 and £3 monthly maintaining the account fees apply) (‘Qualifying Account’). The ‘Current Account Switch Service’ will close your old account with the other bank; and
    • start your switch from your old bank account using the ‘Current Account Switch Service’ to a Club Lloyds Account or Club Lloyds Platinum Account between the 13/09/2022 and the 14/11/2022.

     You are not eligible for the offer if:

    • You switch to any account other than Club Lloyds Account or Club Lloyds Platinum Account.
    • You change your existing account to a Club Lloyds Account or Club Lloyds Platinum Account, but you do not move your account from another bank using the ‘Current Account Switch Service’ before the switching deadline.
    • You’ve received a switching offer since April 2020 for switching to a Club Lloyds Account or Club Lloyds Platinum Account.
    • You are switching to a joint account and one of the parties to the joint account has already received a switching offer since April 2020.
    • The bank you are switching from does not participate in the ‘Current Account Switch Service’. To find out more visit www.currentaccountswitch.co.uk
    • You are an employee of Lloyds Banking Group, or if an employee is named on any bank account held in joint names.
    1. The offer applies to applications received in branch, online or by phone from the 13/09/2022 and the 14/11/2022. The offer is subject to change and can be withdrawn without notice at any time.
    2. The offer does not automatically guarantee an arranged overdraft and any application for an arranged overdraft facility will be subject to status. If your Qualifying Account has an arranged overdraft, you will not pay any daily arranged overdraft interest for 3 months provided you stay within your arranged overdraft limit and do not increase or otherwise alter the arranged overdraft limit agreed.
    3. After 3 months, or if you change your account, you will be charged daily arranged overdraft interest applicable to the account you hold if you use your arranged overdraft. Please see the Bank accounts and switching to us leaflet for full details on arranged overdraft interest. You will have been given this when you opened your account, but if you would like another one, please ask in branch or look at www.lloydsbank.com/current-accounts
    4. Only one offer is available per customer. Joint accounts will only be eligible for one payment.
    5. The offer will be paid directly into your account within 3 working days of your switch completing and will appear as a cash credit. 
  • 3 months 0% interest overdraft when you switch

    To help you during your switch, we may be able to arrange an interest-free arranged overdraft for 3 months, subject to application and approval. An arranged overdraft can act as a useful safety net. You can use it to borrow money up to an agreed limit through your bank account.

    What happens after the 0% interest free period ends?

    Once your three month interest-free period ends we will charge interest daily. The daily arranged overdraft interest rate will be based on how you manage any accounts with us and on the credit information we hold about you. We will let you know this rate in the pre contract credit information we give you if you apply for an arranged overdraft.

    Representative example (based on using a Club Lloyds Account)

    An arranged overdraft on a Club Lloyds account has a variable interest rate of 27.5% EAR, and a variable representative rate of 29.9% APR, based on borrowing £1,200. The APR includes monthly maintaining the account fees of £3* and an interest free amount of £50.

    *The £3 fee is waived for each month you pay in at least £1,500 into your account

    How does our overdraft compare?

    You can use the representative APR to compare with other products or credit providers, this can help you make sure that you choose the right type of borrowing for you.

    How much does my overdraft cost in pounds and pence?

    As an example, the interest cost of borrowing £500 is: £2.04 for 7 days, £8.94 for 30 days and £17.98 for 60 days.

    Arranged overdrafts are subject to application and approval and repayable on demand. You must be 18 or over to apply. Arranged overdraft limits and interest rates vary based on your individual circumstances.

  • To help you during your switch, we may be able to arrange an interest-free arranged overdraft for 3 months, subject to application and approval.

    Are you eligible for the arranged overdraft offer?

    To qualify for the interest-free offer you must:

    • Use the Current Account Switch Service. This service means your old account will be closed and all your payments transferred to your new Lloyds Bank account
    • Have not used the offer within the last 12 months
    • Have applied, and been approved for an arranged overdraft on your new Lloyds Bank account

    Any questions on the switcher overdraft offer? Just call us on 08456 049 956

    How do you apply for an arranged overdraft?

    At the end of your current account application process, we may offer you an arranged overdraft. If we do, we'll tell you the maximum amount you can have and you can add it right away. You can also apply for one later.

    What happens if I am overdrawn and want to switch?

    We will show you the maximum amount of arranged overdraft we can offer you before you complete your switch request form, if we are unable to offer you the full amount you will need to make arrangements with your bank to pay back the remaining amount. If you've already got a current account with us you can log onto Internet or Mobile Banking and see if there is an option to extend your arranged overdraft.

Existing current account customer?

If you would like to know more about managing your account or want to upgrade your existing account there is information on this and much more below.

Manage your account

Joint accounts

Upgrade now

Things you can do online

Report card lost or stolen

Financial Services Compensation Scheme

Your money is protected by the FSCS

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. 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.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).

Mobile Banking
We don’t charge you for Mobile Banking but your mobile operator may charge for some services, please check with them. Services may be affected by phone signal and functionality. You must be registered for Internet Banking. Terms and conditions apply.

Mobile Banking app
Available to Internet Banking customers with a UK personal account and valid registered phone number. Our app is available to iPhone and Android users only and minimum operating systems apply, so check the App Store or Google Play for details. Our app does not work on jailbroken or rooted devices. Device registration required.

Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google Play is a trademark of Google LLC. Terms and conditions apply.