This account now offers a 12 month subscription to Disney+ as your selectable lifestyle benefit 
   


This account now offers a 12 month subscription to Disney+ as your selectable lifestyle benefit 
   

Get £175 in 10 working days when you switch to a new Club Lloyds Silver Account

Offer ends 28th of March 2024. T&Cs apply.

To qualify for the £175 switching offer you must:

  • Open a new Club Lloyds, Club Lloyds Silver or Club Lloyds Platinum Account
  • Use the Current Account Switch Service to transfer a minimum of 2 active direct debits and close your existing account held with another bank.

You won't qualify for the offer if:

  • You are switching to any other Lloyds Bank current account that isn’t named above
  • You switch into an existing account
  • You’ve received cash back for switching to Lloyds Bank or Halifax Bank since April 2020
  • You start your switch after Offer ends 28th March 2024.
  • Working day 1

    The switch begins. We make contact with your old bank to arrange the switch.

    Working day 2

    We’ll let you know that your old bank has received your request, and then we can start transferring your payment arrangements across to your new Lloyds Bank account.

    Working day 3-5

    It’ll take a couple of days to switch over your payment arrangements, and make sure your Lloyds Bank account is ready to go for the switch date.

    Working day 6

    If you’re clearing a debit balance at your old account, you’ll need to make sure there are enough funds in your Lloyds Bank account to cover this transfer.

    Working day 7

    Congratulations your switch is complete! Your balance is transferred and your old bank account is closed.

    After your switch

    We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.

  • When will I receive the £175?

    The offer will be paid directly into your account within 10 working days of you starting your switch and will appear as a cash credit.

    As an existing Lloyds customer can I qualify for the £175 offer?

    Yes, as long as; you haven’t received a switching incentive from us or Halifax since April 2020. You must complete your switch using the Current Account Switch Service to switch a bank account held elsewhere and meet the qualifying criteria stated in the terms & conditions.

    Do I need to open a new account if I already have a Lloyds Bank account?

    Yes, to qualify for the switch incentive you need to open a new qualifying account named in the terms and conditions and switch a bank account held elsewhere.

    Can I change my existing account to one of the qualifying accounts and still receive the offer?

    No, you have to open a new qualifying account and start the switch. You can do this by signing in to Internet Banking or using the Mobile Banking app.

    To qualify for the offer do I need to complete the switch at the time of opening my new bank account?

    No, as long as you start your switch by the 28th March 2024, you can complete your switch through Internet Banking or on our mobile app.

    What types of payments qualify as direct debits?

    Your switch must include the transfer of a minimum of 2 active direct debits from your old account. Direct debits set up after you’ve started your switch as well as automated payments, such as standing orders and recurring card payments won’t count towards the offer.

  • To qualify for the £175 switching offer (“the offer”) you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver 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 new Club Lloyds Account (a £3 monthly account fee applies), a new Club Lloyds Platinum Account (£21 and £3 monthly account fees apply) or a new Club Lloyds Silver Account (£10 and £3 monthly account fees apply) (‘Qualifying Account’). The ‘Current Account Switch Service’ will close your old account with the other bank; and
    • Your switch must include the transfer of a minimum of 2 active direct debits from your old account being switched to Lloyds as part of the offer. Direct debits set up after your switch has been started and other types of automated payments, such as standing orders and recurring card payments, won’t count towards the offer; and
    • Start your switch from your old bank account using the ‘Current Account Switch Service’ to a Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account between 13/02/2024 and 28/03/2024.

    You can’t take part in the offer if:

    • You switch to any account other than a Club Lloyds Account, Club Lloyds Platinum Account, or Club Lloyds Silver Account.
    • You switch to any existing Lloyds bank account, or you change your existing Lloyds Bank Current Account to a Club Lloyds Account, Club Lloyds Silver Account or Club Lloyds Platinum Account.
    • You’ve received a switching offer since April 2020 for switching to any Lloyds or Halifax Bank 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 on any bank account held in joint names.

    - The offer applies to applications received in branch, online or by phone from 13/02/2024 and 28/03/2024. The offer is subject to change and can be withdrawn without notice at any time.

    - 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 won’t pay any daily arranged overdraft interest for 3 months provided you stay within your arranged overdraft limit and do not increase or otherwise change the arranged overdraft limit agreed.

    - After 3 months, or if you change your account, you’ll be charged daily arranged overdraft interest applicable to the account you hold if you use your arranged overdraft. Please see the Personal Banking Terms and Conditions and Banking Charges leaflet for full details on arranged overdraft interest. You’ll 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

    - Only one offer is available per customer. Joint accounts will only be paid one payment.

    - The offer will be paid directly into your account within three working days of your switch completing and will appear as a cash credit.

Features and benefits

Tip: use the scroll bar below to slide between the different features and benefits.

Benefits supplied by selected third-party providers. Limits, terms & exclusions apply.

£2 Monthly Discount

You could get a £2 discount on your account fee each month. To qualify, in the last month you'll need to have:

  • Paid in £4,300 or more (£5,500 if it's a joint account) into your Club Lloyds Silver account; or
  • Held savings of £75,000 or more in qualifying accounts for the whole month.*

*For sole accounts, these savings can be in joint names or your name only. For joint accounts, these must be in your joint names only.

Please note that to receive the discount, you must pay the full Club Lloyds Silver account fee. The discount will then be paid into your account the following month. Conditions apply (PDF, 78.4KB). For more, please read these Frequently Asked Questions (PDF, 123KB).

Silver insurance benefits

  • European and UK multi-trip travel insurance administered by AWP Assistance UK Ltd (Allianz Assistance) and underwritten by AWP P&C SA.

    Important information

    Cover for any medical conditions under this policy: you may need to declare these, agree cover with Allianz Assistance and an additional premium may apply. If this affects you contact Allianz Assistance directly to find out more.

    You might want to visit the MoneyHelper service, which lists firms offering travel insurance for customers with medical conditions. This could help if you’ve been offered cover with a high premium, been refused, or have had cover cancelled due to medical conditions. Think about what might suit your needs best and who you need specialist cover for. For more information access the directory, or call them on 0800 138 7777 (Mon – Fri 8am to 6pm).

    Club Lloyds Platinum benefit - Travel insurance

    Some key benefits

    Some important exclusions

    Some key benefits

    • Covers certain Winter Sports
    • Covers UK leisure travel when two or more consecutive nights accommodation is booked (5 consecutive nights or more for business trips)
    • Comprehensive cover including:
           -Emergency medical cover (up to £10,000,000)
          -Cancellation or curtailment cover (up to £5,000)
          -Personal accident cover (up to £30,000)
          -Baggage cover (up to £2,500, £500 of which for valuables)
          -Travel disruption cover (up to £5,000)
    • European travel insurance including Winter Sports for you and your family (if eligible), for up to 31 consecutive days per trip (for Winter Sports maximum 31 days cover in any calendar year)
    • 24/7 GP telephone service and video consultation service

    Some important exclusions

    • All cover ceases on the account holders 65th birthday - so long as the account holder is under 65 their spouse, partner or civil partner will also be covered until they reach 65
    • Medical conditions that you and anyone to be covered have, or have had, if they are not all on the ‘No Screen Conditions’ list must be declared and cover agreed with the insurer (there may be an additional premium if the insurer agrees to cover the condition(s))
    • £75 excess per adult per incident may apply
    • There's cover for the children of you/your partner, spouse or civil partner when travelling with either of you or another responsible adult, provided the children are 18 or under (24 or under if still in full time education). There's cover for a dependent child where they are staying with a responsible adult even if they were not accompanied during their travel to the destination
    • The standard maximum trip duration is 31 consecutive days (for Winter Sports maximum 31 days cover in any calendar year)
    • Cover is only available to UK residents, registered with a doctor in the UK and who start and end trips in the UK (UK includes Channel Islands/Isle of Man)
    • There is no cover for any amount recoverable from any other source such as your airline or your accommodation provider
    • There is no cover if travelling against the advice of the Foreign, Commonwealth & Development Office (FCDO) or other regulatory authority
    • There is no cover if you cannot travel or choose not to travel because the FCDO, or any other equivalent government body in another country advises against travel due to a pandemic

    Keep in mind the cover is provided whilst you are a United Kingdom resident and are registered with a Doctor in the United Kingdom.

    Read the policy documents for full details and exclusions (PDF, 2.6MB)opens in a new tab

    We will also provide you with the Insurance Product Information Booklet (PDF, 302KB)opens in a new tab as part of the account application process.

    Claims and assistance

    You can access your packaged bank account benefits, view policy details and make a claim in the app and via Internet Banking.

    • For app, click on ‘view account benefits’ from the more button or search for ‘account benefits’.
    • For Internet Banking head to the ‘account benefits’ section.

    You can also make a claim by calling Silver Membership Services on 0345 603 1839

    Call 0345 850 5300If you’re abroad and need assistance, you can call our 24 hour assistance helpline on +44 (0) 208 239 4010

    You can also visit our payment disputes page, for help if your travel has been disrupted.

  • AA Breakdown Family Cover is provided by Automobile Association Developments Limited (trading as AA Breakdown Services).

    Club Lloyds Platinum benefit - AA Breakdown cover

    Some key benefits

    Some exclusions and rights to refuse service

    Some key benefits

    • Roadside Assistance 
    • Cover for the account holder and eligible family members, not the vehicle
    • Service is only available in the UK, Channel Islands and Isle of Man

    With AA Breakdown Family Cover, there’s cover for account holders and certain family members in vehicles, whether you or they are the driver or the passenger. Family members must live at the account holder’s home address or be temporarily living away from that address, but still within the UK (e.g. students).

    Eligible family members will include your:

    • Partner*
    • Parents**
    • Siblings***
    • Grandparents 
    • Children**** 
    • Other family members*****

    * including spouse, civil partner, fiancé/fiancée

    ** including stepparents, foster parents, father in-law, mother in-law

    *** including brothers, sisters, brother in-law, sister in-law, step-sisters, step-brothers

    **** including stepchildren, foster children, grandchildren, son in-law, daughter in-law

    ***** including aunts, uncles, nieces, nephews and first cousins

    Some exclusions and rights to refuse service

    • The same or similar cause of breakdown attended by our mechanic in the last 28 days
    • The account holder, any joint account holder or eligible family member must be with the vehicle when it breaks down and when the mechanic arrives
    • The AA have the right to refuse to provide service if the vehicle is unsafe, un-roadworthy, unlawful or you’ve failed to maintain it (for example, no valid MOT, or continued failure to re-fuel or charge your vehicle)
    • There's no cover when travelling in a car, van, minibus or motorcycle exceeding the weight restriction of 3.5 tonnes and max width restriction of 8ft 3in (2.55m)
    • There’s no cover for you/your eligible family member if you or they are involved in a road traffic accident and the AA will not recover your vehicle. The AA may be able to provide support in the event of an accident if you decide to use the AA Accident Assist service - see below.

    AA Breakdown Family Cover FAQs

    Read the policy documents for full details and exclusions (PDF, 2.6MB)opens in a new tab

    We will also provide you with the Insurance Product Information Booklet (PDF, 302KB) opens in a new tab as part of the account application process.

    Assistance and emergencies

    If you break down on the road, call the AA direct on 0800 316 0096Call 0800 783 0543 or Silver Membership Services on 0345 603 1839Call 0345 850 5300.

    AA Accident Assist

    AA Accident Assist is available to account holders only. This service could help if you or a person insured on your vehicle are in a motor accident where all parties are insured. The service could recover and fix your vehicle, provide a replacement vehicle or courtesy car and manage insurance claims.

    The service is only available in England, Wales and mainland Scotland and is not available for motorbikes or mopeds.

    We have included the AA Accident Assist terms and conditions in the policy documents. The link is provided above. You will only be asked to agree to the terms if you choose to use the service. The AA will check to see if you are eligible, talk through your situation, describe the help the service can offer, as well as any costs that may be involved, so that you can decide if you want to go ahead.

  • Mobile phone insurance is administered by Lifestyle Services Group Limited with a single insurance provider, Assurant General Insurance Limited.

    Club Lloyds Platinum benefit - Mobile phone insurance

    Some key benefits

    Some important exclusions

    Some key benefits

    • Insures one phone on a sole account and two phones from joint accounts
    • Repair or replacement phone up to a maximum of £2,000 (including VAT)
    • Covers loss, theft,damage or breakdown (including faults)

    Some important exclusions

    • Excess is £100
    • No more than two successful claims per account holder in any 12 month period
    • If you make a valid claim for a replacement handset, you will receive a refurbished device which has been through a comprehensive checking process to ensure it’s in full working order

    Keep in mind unauthorised network charges are only covered in the event of a successful loss/theft claim.

    Keep in mind you’ll need to pay a contribution of £100 each time you make a successful claim (this is the excess).

    Read the policy documents for full details and exclusions (PDF, 2.6MB)pdf - opens in a new tab

    We will also provide you with the Insurance Product Information Booklet (PDF, 302KB) as part of the account application process.

    It’s recommended that you register your phone details as it may help simplify the process for any claims you might have to make in the future. You only need to call us in the event of a claim in which we will register the details of your phone. Follow these steps to register your mobile phone through Internet Banking:

    • Log on to Internet Banking
    • Select the ‘More actions’ button on your Silver Account
    • Then select ‘View account benefits’ found under the ‘Account information and benefits menu’
    • You can register your phone under the ‘Mobile phone insurance’ section

    You can make a claim by calling Silver Membership Services on 0345 603 1839

    Assurant provide a mobile device trade in service for UK resident Lloyds Bank customers. You can trade in eligible mobile devices for a cash payment directly into your current account. More information on Assurant.

Existing customer queries

This account includes insurance and breakdown benefits. You can now view your policy details and make new claims in the app and Internet Banking. Find it in your account menu under 'view account benefits’.

Existing Customer Queries

Discover more about Packaged Bank Accounts

    • There is cover for emergency medical assistance overseas if you fall ill (including being diagnosed with an epidemic or pandemic disease)
    • There is cancellation cover if you or your travelling companion are refused boarding on booked transport if the carrier or a Government authority will not let you travel because, at the point of boarding, you or they are showing symptoms of a contagious disease
    • There is cancellation cover for anyone booked to travel and covered under the policy if they, or a companion they are travelling with, are asked to quarantine on an individual basis because of exposure to a contagious disease
    • There won’t be cover if you’re abroad and you are instructed to return home, or choose to leave early to avoid having to quarantine when you get home due to the risk of exposure to a contagious disease. The instruction to return home could be from the UK Government or from the government of the country you’re visiting
    • There is no cover for any amount recoverable from any other source such as your airline or your accommodation provider
    • There is no cover if you choose not to or cannot travel because the FCDO (or any other equivalent government body) advises against travel due to a pandemic

    If you’re a Silver account customer, please read our travel insurance FAQs (PDF, 145KB)

Club Lloyds benefits

Choose one of these lifestyle benefits

12 months of Disney +

Magazine subscription

Coffee and dining offers

Cinema tickets

  • As a Club Lloyds customer you can choose a different Lifestyle Benefit every year per account. There are four benefits available, each to suit different tastes:

    Disney+ subscription

    Stream brand new Originals, blockbusters, binge worthy series and more. There’s something for everyone to enjoy when you select a 12 month Standard With Ads Disney+ subscription. At this time, you are unable to upgrade your Disney+ subscription to Standard or Premium.

    Coffee and Dining offers

    An annual Coffee Club and Gourmet Society membership gives you 25% off barista-made drinks at Caffe Nero and 25% off your bill at brands such as Prezzo and thousands of independent restaurants. Get 50% off pizza takeaway alongside great discounts on theatre tickets and UK attractions.

    Cinema tickets

    Choose six cinema tickets from either ODEON cinemas or Vue cinemas. At Vue cinemas, your vouchers also entitle you to half price popcorn. At ODEON cinemas, you can redeem your vouchers at ODEON Kids Screenings, which come with a free small popcorn per ticket.

    Magazine subscription

    Choose one magazine to have delivered to your door and downloadable to your device (compatible with Apple and Android devices), or as a digital only subscription. For list of titles see Lifestyle benefits.

    Apple is a registered trademark of Apple inc. registered in the U.S and other countries. Android is a trademark of Google Inc.

    More information

    • Terms and conditions apply to each of the offers, find out more information in the Club Lloyds Lifestyle Benefits T&Cs (PDF, 104KB) or visit our webpage below.
    • If we see no activity on your account you may not be able to reselect a lifestyle benefit at renewal.

    More about lifestyle benefits and FAQs

  • Monthly credit interest

    What is the credit interest rate on this account?

    What is the credit interest rate on this account?

    Balances between

    AERAnnual Equivalent RateAER means Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.

    Gross p.a.Gross RateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs.

    Balances between

    £1 - £3,999.99

    AERAnnual Equivalent RateAER means Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.

    1.50%

    Gross p.a.Gross RateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs.

    1.49%

    Balances between

    £4,000 - £5,000

    AERAnnual Equivalent RateAER means Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.

    3.00%

    Gross p.a.Gross RateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs.

    2.96%

    You could earn 1.50% AERAnnual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. (1.49% grossCloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a.) variable credit interest on balances between £1 and £3,999.99, and 3.00% AERAnnual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. (2.96% grossCloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a.) variable on any part of the balance from £4,000 up to and including £5,000. You won’t earn interest on any part of your balance over £5,000.

    You just need to pay out two different Direct Debits from your Club Lloyds account each calendar month. Interest is variable, worked out daily and paid monthly.

    For example, when you have £4,500 in your account, you could earn interest of 1.50% AERAnnual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. (1.49% grossCloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a.) variable on the first £3,999.99 and 3.00% AERAnnual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. (2.96% grossCloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a.) variable on the rest.

    Please note interest paid before 6th April 2016 will have been paid net (unless you registered the account with us to receive gross interest). Net is the rate of interest payable after allowing for the deduction of income tax at the rate specified by law (currently 20%).

    From 6th April 2016 interest is paid Gross, meaning we will not deduct tax on your behalf. Dependant on your personal circumstances, tax may be due on your interest and it is your responsibility to disclose and pay any tax due directly to HMRC.

    What do I have to do to earn the credit interest?

    You need to pay at least two separate Direct Debits from your Club Lloyds current account each calendar month.

    Please note, qualifying Direct Debits must come out monthly, quarterly Direct Debits are not eligible. Also Standing Orders do not qualify.

    Can I earn credit interest on balances over £5,000?

    No, credit interest is not payable on the amount of any balance over £5,000.

    When is the credit interest paid?

    If you earn the credit interest, it will be paid into your Club Lloyds current account by the second working day of the following calendar month.

    If you do not earn the credit interest, you won't receive payment the following calendar month.

    If I miss out on the credit interest one month, can I earn it the next month?

    Yes, if in any month you miss out on the credit interest, you can still earn it in future months. Just make sure you pay out two separate Direct Debits in the next calendar month.

    Do I have to pay out two separate Direct Debits each month?

    No, there is no requirement on this account to pay out two separate Direct Debits each month. You only have to pay out two separate Direct Debits each month if you want to earn the credit interest on balances between £1 - £5,000.

  • Club Lloyds Monthly Saver

    This savings account is for people who want to save regularly for 12 months and get a fixed rate of interest.

    • Save from £25 to £400 a month.
    • Receive 6.25% AER/gross interest on your savings. Interest is fixed so it won’t change during the term.
    • Withdraw your money when you need it without charge.

    More about the Club Lloyds Monthly Saver

    Club Lloyds Advantage Saver

    This account is ideal for people who don’t need to make regular withdrawals, as you earn a higher interest rate if you make fewer withdrawals.

    • Open with just £1.
    • Receive 4.00% AER/3.93% gross variable interest if you make three or less withdrawals. 1.30% AER/1.29% gross variable if you make four or more withdrawals. Interest is paid monthly.
    • Withdraw your money when you need it without charge.

    More about the Club Lloyds Advantage Saver

    Club Lloyds Advantage ISA Saver

    This is our cash ISA for Club Lloyds customers which pays more interest if you make fewer withdrawals.

    • Open with just £1.
    • Receive 4.00% AER/3.93% tax free variable interest if you make three or less withdrawals. Get 1.30% AER/1.29% tax free variable if you make four or more withdrawals. Interest is paid monthly.
    • Withdraw your money when you need it without charge.

    More about the Club Lloyds Advantage ISA Saver

    Club Lloyds Saver

    This savings account is for people who want to save as often as they like and have instant access to their money.

    • Open with just £1.
    • Receive up to 2.20% AER/gross variable interest on your savings. The rate depends on your balance.
    • Withdraw money when you like without charge.

    More about the Club Lloyds Saver

  • Exclusive Club Lloyds rate discount

    You could get a 0.20% discount off the initial rate when you take out a mortgage with us.

    Offer applies to first time buyers, customers who are switching their mortgage to us or moving home.

    Already have a Lloyds Bank mortgage? You could get a 0.20% discount off the initial rate when you switch to a new mortgage deal.

    You must have a Club Lloyds current account at the time of mortgage application.

    More about Club Lloyds mortgage offers

    YOU COULD LOSE YOUR HOME IF YOU DON'T KEEP UP YOUR MORTGAGE REPAYMENTS

    Cashback

    First time buyers could also earn £250 cashback when purchasing a home with an A or B Energy Performance Certificate (EPC).

  • Travel money

    With a Club Lloyds account you get access to preferential exchange rates when ordering travel money with Lloyds Bank.

    Just order from a range of currencies by 1pm on a working day and get next day delivery to your home or your local branch.

    Existing Club Lloyds customer?

    Login to order travel money

    New to Club Lloyds?

    More about travel money

    Children’s account: Smart Start

    With Smart Start, the child gets a savings account and a current account. Ideal for 11 to 15 year olds who want their first account with parental oversight.

    • The child gets their own contactless Visa debit card.
    • Parent or legal guardian has oversight of account activity.
    • Interest is earned on savings account only. Earn 3.15% AER/3.11% gross variable interest on balances of £1 to £1,000. Earn 1.40% AER/1.39% gross variable interest on any money above £1,000.

    More about Smart Start

  • Monthly fee

    The Club Lloyds Silver monthly fee comprises of:

    • Silver Account monthly fee of £10 per month; plus
    • Club Lloyds monthly fee is Free or £3 per month.

    The £3 fee is waived for each month you pay in at least £2,000 into your account. If in any month you don't pay in this amount, you will need to pay the £3 monthly fee.

    Maximum combined monthly fee of £13 per month.

    How do I waive the £3 monthly fee?

    To waive the £3 fee, you'll need to pay at least £2,000 into your Club Lloyds account in the calendar month for the following month's fee to be waived. Each month you pay in at least £2,000 you'll not be charged the fee. 

    What deposits qualifies towards the £2,000?

    All deposits including cash, cheques, Bacs, Faster Payments and instant transfers in. This includes salaries, pensions and benefits paid in via these methods. Money refunded into your account is not counted as a deposit.

    Do I need to pay the £2,000 in one deposit?

    No, we take the total of all deposits you made in the calendar month. For example, you could pay in £500 in four separate deposits totalling £2,000 for the month.

    Do I need to keep the money in the account?

    No, as long as the money is registered into your account, it'll count towards the £2,000 requirement to waive the fee. Any money paid in can be used as normal to pay bills, spend or transferred into another account.

  • Account services

    Payments

    Our Payments are quick and secure, and we keep things simple. You can also pay a cheque of up to £5,000 into your account by simply taking a photo of your cheque and uploading to the Mobile Banking app. There is a maximum daily limit of £5,000 per day.
    Send International Payments in over 30 currencies, with fee free euro payments.

     

    Debit Card

    You can use your Visa Debit Card in over 500,000 locations in the UK and 27 million worldwide.
    Tap and pay with a Visa Debit Card up to £100. You can now use our mobile banking app to choose a contactless payment limit between £30 & £95. You can also add your card to Apple Pay and Google Pay.
    You can withdraw up to £800 a day from a Lloyds Bank Cashpoint or other cash machines.

     

    Save the change

    Save the Change® makes saving easy. When you buy something with your Lloyds Bank debit card (and your account is in credit), we’ll round up the amount to the nearest pound and transfer the difference into an eligible Lloyds Bank savings account.

    Mobile features

    Mobile Banking App

    Our Mobile Banking app is quick and easy to install and more secure than ever – it's the easy way to stay on top of your money. You can; get app notifications, view your card and PIN, freeze your card, manage subscriptions, and check your Credit Score - with no impact on your credit file. Personal UK Internet Banking customers only. Terms and Conditions apply.

     

    Banking your way

    Bank your way with us. There are quick, easy ways other than in branch to manage your money 24 hours a day, 7 days a week, online or on the phone with Internet Banking, PhoneBank® and Mobile Banking.

     

    Mobile Alerts

    Our mobile alerts service offers a simple way to stay on top of your finances without even having to think about it. So, if we have a mobile number for you, we’ll help you keep an eye on your balance.

     

    Money Manager

    Keep track of your spending with our Money Manager and see at a glance where your money goes with our free Internet Banking service.

Open a Club Lloyds Silver Account today

To apply, you need to be aged 18 or older and live in the UK. If you are not an existing Lloyds Bank customer you may need to provide proof of identity.

 

Apply with our app

Scan the QR code and join the millions of users on the Mobile Banking app.

We should be able to give you a decision within 8-10 minutes.

Continue without our app

Lloyds mobile app image with QR code

Existing customer

Open a new or change your existing account through Internet Banking.
 

 

Log in to apply

Joint account

Joint bank accounts are an easy way to help two people manage money.
 

 

See joint accounts

Lloyds mobile app image

Apply with our app

Join the millions of users on the Mobile Banking app. We should be able to give you a decision within 8-10 minutes.

Get started on the app

Continue without the app

Existing customer

Open a new or change your existing account through Internet Banking.

Log in to apply

Joint account

Joint bank accounts are an easy way to help two people manage money.

See joint accounts

You can also apply for this account by booking an appointment at your nearest branch

Choose the best current account for you

Benefits supplied by selected third-party providers. Limits, terms & exclusions apply.

Current account FAQs

  • Packaged bank accounts typically involve paying a monthly fee in return for additional account perks and benefits. For example, these benefits could include breakdown cover, mobile phone insurance and travel insurance, all of which would be covered by the monthly account fee. These are on top of all the features you might normally expect from a current account. If you have a need for more than one of the benefits, it’s a great way to have your insurances grouped together and can often be seen as more cost effective.

  • Switch your current account to us in just 7 working days, using our stress-free process

    Whether you want to move to Lloyds Bank or you already bank with us and want to open a new Lloyds current account, switching is easy. Our team will do everything to ensure your switch runs smoothly, including transferring all your Direct Debits and standing orders to your new account for you.

    You'll be able to switch your account to us at the end of your online application.

    Here's how the process works

    • Working day 1
      The switching begins
      We make contact with your old bank to arrange the switch.
    • Working day 2
      We’ll let you know your old bank has received your request. We then start transferring your payments to your new Lloyds Bank account.
    • Working day 3-5
      It’ll take a couple of days to switch over your payment arrangements, and make sure your Lloyds Bank account is ready to go for the switch date.
    • Working day 6
      If you’re clearing a debit balance at your old account, you’ll need to make sure there are enough funds in your Lloyds Bank account to cover the transfer.
    • Working day 7
      Congratulations, your switch is complete. Your balance is transferred and your old account is closed.
    • After you switch
      We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.

    switch guarantee

    Current Account Switch Guarantee

    We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.

    The service is free to use and you can choose and agree your switch date with us.

    We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).

    If you have money in your old account, we will transfer it to your new account on your switch date.

    We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.

    If there are any issues in making the switch, we will contact you before your switch date.

    If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.

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  • An arranged overdraft can act as a short term safety net. You can use it to borrow money up to an agreed limit through your bank account.

    • You can apply to add an arranged overdraft to your account and you’ll only pay daily arranged overdraft interest if you use it.
    • If you use your arranged overdraft but pay it back before the end of the day, then you won’t pay any arranged overdraft interest for that day.

    Helpful tools - You can use our eligibility checker and cost calculator to check your eligibility and calculate the cost of an arranged overdraft.

    Applying for an arranged overdraft - When you have applied for this account, at the end of the application you can apply for an arranged overdraft which you can add right away. You can also apply for one later.

    Amending an arranged overdraft - You can reduce or remove your arranged overdraft at any time through Mobile Banking, Internet Banking or Telephone Banking or by visiting your branch. But you must repay anything you owe if you want to remove an arranged overdraft or anything over the new reduced limit you want. You can also apply to increase it. Using an arranged overdraft increases your overall borrowing and may affect your credit score.

    If you don't have enough money in your account or available arranged overdraft to make a payment, we may either let you borrow through an unarranged overdraft or refuse to make the payment. Missing payments and using an unarranged overdraft can damage your credit score, please get in touch with us as we may be able to help you.

    Applying for this product does not improve your eligibility for an arranged overdraft.

    All overdrafts are subject to application and repayable on demand. You must be 18 or over to apply.

     

    Arranged overdraft details

    • £50 interest free amount
    • 27.5% EAR (variable) representative
    • Your interest rate will be based on how you manage any accounts you have with us and on the credit information we hold about you
    • No unarranged overdraft interest, fees or charges

    Representative Example

    A variable representative rate of 42.8% APR

    A variable interest rate of 27.5% EAREAR is the Equivalent Annual Rate. This is the annual interest rate of an overdraft. This means you are charged over the year based on how often and how much you are overdrawn by, and the effect of compounding it – charging interest on interest already charged. This interest rate does not include any other fees and charges.

    Based on borrowing £1,200

    The APR includes monthly fees of £10, Club Lloyds monthly account fees of £3* and an interest free amount of £50

    * The Club Lloyds fee of £3 is waived for each month you pay in at least £2,000 into your account. 

    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

    £17.98 for 60 days

    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.

    Useful tools

    You can use our calculator to work out how much your anticipated arranged overdraft borrowing would cost over different periods of time.

     

    Cost Calculator

    You can use our eligibility tool to find out if you are eligible for an arranged overdraft.

     

    Eligibility Tool

     

    More about personal arranged overdrafts

    Do you already have a current account with us and need an arranged overdraft?

    If you already have a current account with us, you can apply for an arranged overdraft through Internet Banking or Mobile Banking. You can also apply to increase your existing arranged overdraft limit too.

    Log on to apply for an arranged overdraft

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.

Lloyds Bank adheres to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.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 may monitor or record telephone calls to check out your instructions correctly and to help us improve the quality of our service. Calls from abroad are charged according to the telephone service provider’s published tariff. Not all Telephone Banking services are available 24 hours a day, 7 days a week. Please speak to an adviser for more information.

Account opening is subject to our assessment of your circumstances. You must be over 18 to apply.

Overdrafts are repayable in full on demand.

Club Lloyds Lifestyle Benefits are administered by Hawk Incentives Limited, on behalf of Lloyds Bank. The benefits available for selection may be changed or updated from time to time.

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