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Current account rates

 

If you can’t see your product in the list below it may be because it is no longer available, click here to see a list of our non marketed product rates.

The following tables change from time to time. The date of the last change is detailed beneath each table.

Interest rates for Under 19s Account is correct as at 24/09/2018.

Interest rates are variable.

Please note: From the 1st October 2019, we will be changing the interest you can earn on Club Lloyds Accounts. The current interest rate of 1.5% AER/1.49% annual gross variable, payable on balances from £1 up to £5,000, will change to:

  • 1% AER / 0.99% annual gross variable on balances from £1 up to and including £3,999.99 and will increase to
  • 2% AER / 1.98% annual gross variable on the part of any balance from £4,000 to £5,000

Provided you pay at least 2 different direct debits from your account each calendar month. Full details of this change and others can be found in the Guide to Changes (PDF).

For more information about previous Current Account rates please click hereView previous Current Account rates.

All Current Account interest rates

Club Lloyds current account

  Interest Paid Monthly
Balance between
AERCloseAER AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. GrossCloseGrossGross 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.
£1 - £5,000 1.5% 1.49%

These interest rates are correct as at 01/07/2018.


Club Lloyds Gold


Interest Paid Monthly
Balance between
AERCloseAER AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. GrossCloseGrossGross 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.
£1- £5,000 1.5% 1.49%

These interest rates are correct as at 01/07/2018.


Club Lloyds Platinum

  Interest Paid Monthly
Balance between
AERCloseAER AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. GrossCloseGrossGross 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.
£1 - £5,000 1.5% 1.49%

These interest rates are correct as at 01/07/2018.


Club Lloyds Premier

  Interest Paid Monthly
Balance between
AERCloseAER AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. GrossCloseGrossGross 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.
£1 - £5,000 1.5% 1.49%

These interest rates are correct as at 01/07/2018.


Club Lloyds Silver

  Interest Paid Monthly
Balance between
AERCloseAER AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. GrossCloseGrossGross 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.
£1 - £5,000 1.5% 1.49%

These interest rates are correct as at 01/07/2018.

Club Lloyds interest rates are variable and interest is paid monthly. To qualify for credit interest you need to pay two different direct debits from your current account each calendar month. If there is a calendar month where you don’t have 2 different direct debits paid from your account we will not pay interest on the money in your account for that month. We don’t pay interest on amounts over £5,000. Interest rates apply to you whole balance. For example if you have £4,000 in your account for 365 days you’ll receive an interest rate of 1.5% AER/1.49% Gross variable on your entire balance as long as you pay two different direct debits from your account each calendar month.

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.


Under 19s account

Balance Interest Paid Quarterly
AERCloseAER AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. % GrossCloseGrossGross 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 - £2,499.99 0.50 0.50
£2,500+ 0.0 0.0

These interest rates are correct as at 24/09/2018.

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.


Overdrafts

Personal Arranged overdrafts

Current Account Daily arranged overdraft fee
Classic 1p for every full £6 you borrow up to £1250,
1p for every further full £7 you borrow between £1250 and £2500,
and then a further 1p for every full £8 you borrow over £2500.
Silver
Gold
Club Lloyds
Club Lloyds Silver
Club Lloyds Gold
Platinum
Club Lloyds Platinum
Premier
Club Lloyds Premier

These fees are correct as at 28/01/2019.


Student Account – Arranged Overdrafts

Year of Study Arranged Overdraft Daily arranged overdraft fee
Year 1 months 1-6 from account opening
£0 - £500 £0
Year 1 months 1-6 from account opening
£500+ Different rates apply see details below*
Year 1 months 7-9 from account opening
£0 - £1,000 £0
Year 1 months 7-9 from account opening
£1,000+ Different rates apply see details below*
Year 1 months 10-12 from account opening
£0 - £1,500 £0
Year 1 months 10-12 from account opening
£1,500+ Different rates apply see details below*
Year 2
£0 - £1,500 £0
Year 2
£1,500+ Different rates apply see details below*
Year 3
£0 - £1,500 £0
Year 3
£1,500+ Different rates apply see details below*
Year 4-6
£0 - £2,000 £0
Year 4-6
£2,000 Different rates apply see details below*

*For amounts borrowed over your fee free overdraft the following will apply. 1p for every full £6 you borrow up to £1250, 1p for every further full £7 you borrow between £1250 and £2500, and then a further 1p for every full £8 you borrow over £2500.

These fees are correct as at 28/01/2019.


Early Student Account - Arranged Overdrafts

Early Student Account Daily arranged overdraft fee
£200+

1p for every full £6 you borrow up to £1250,
1p for every further full £7 you borrow between £1250 and £2500,
and then a further 1p for every full £8 you borrow over £2500.

£0 - £200 £0

These fees are correct as at 28/01/2019.


Graduate Account – Arranged Overdrafts

Graduate Account Daily arranged overdraft fee
Year 1: £2,000+ Different rates apply see details below*
£0 - £2,000 £0
Year 2: £1,500+ Different rates apply see details below*
£0 - £1,500+ £0
Year 3: £1,000+ Different rates apply see details below*
£0 - £1,000 £0

*For amounts borrowed over your fee free overdraft the following will apply. 1p for every full £6 you borrow up to £1250, 1p for every further full £7 you borrow between £1250 and £2500, and then a further 1p for every full £8 you borrow over £2500.

These fees are correct as at 28/01/2019.


Previous Overdraft rates

Graduate Account – Arranged and Unarranged Overdrafts

Graduate Account% Per Month% EAR
Year 1: £2,000+ 1.52 19.89
£0 - £2,000 0.00 0.00
Year 2: £1,500+ 1.52 19.89
£0 - £1,500+ 0.00 0.00
Year 3: £1,000+ 1.52 19.89
£0 - £1,000 0.00 0.00

These interest rates were correct from 02/09/2016 - 02/11/2017.

These interest rates are variable.

Graduate Account % Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
Year 1: £2,000+ 1.30 16.77
£0 - £2,000 0.00 0.00
Year 2: £1,500+ 1.30 16.77
£0 - £1,500+ 0.00 0.00
Year 3: £1,000+ 1.30 16.77
£0 - £1,000 0.00 0.00

These interest rates are correct as at 12/11/2013 - 01/09/2016.

 

Graduate Account % Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
Year 1: £2,000+ 1.30 16.8
£0 - £2,000 0.00 0.00
Year 2: £1,500+ 1.30 16.8
£0 - £1,500+ 0.00 0.00
Year 3: £1,000+ 1.30 16.8
£0 - £1,000 0.00 0.00

These interest rates were correct from 01/08/2007 to 02/11/2007.


Student Account and Early Student Account – Arranged and Unarranged Overdrafts

Student Account% Per Month% EAR
Year 1: £1,500+ 0.66 8.21
£0 - £1,500 0.00 0.00
Year 2: £1,500+ 0.66 8.21
£0 - £1,500+ 0.00 0.00
Year 3: £1,500+ 0.66 8.21
£0 - £1,500 0.00 0.00
Year 4, 5 & 6: £2,000+ 0.66 8.21
£0 - £2000 0.00 0.00

These interest rates were correct from 12/11/2013 - 02/11/2017.

These interest rates are variable.

Student Account % Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
Year 1: £1,500+ 0.66 8.2
£0 - £1,500 0.00 0.00
Year 2: £1,500+ 0.66 8.2
£0 - £1,500+ 0.00 0.00
Year 3: £1,500+ 0.66 8.2
£0 - £1,500 0.00 0.00
Year 4, 5 & 6: £2,000+ 0.66 8.2
£0 - £2000 0.00 0.00

These interest rates were correct from 01/08/2007 to 02/11/2007.


Early Student Account

Early Student Account% Per Month% EAR
£200+ 0.66 8.21
£0 - £200 0.00 0.00

These interest rates were correct from 12/11/2013 - 02/11/2017.

These interest rates are variable.

Early Student Account % Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
£200+ 0.66 8.2
£0 - £200 0.00 0.0

These interest rates were correct from 16/03/2009 to 22/06/2011.


Personal Overdrafts - Arranged and Unarranged Overdrafts

AccountInterest Paid Monthly
% Per Month% EAR
Premier Current Account 1.52 19.89
Platinum Current Account 1.52 19.89
Gold Service Current Account 1.52 19.89
Silver Current Account 1.52 19.89
Classic Account 1.52 19.89

These interest rates were correct from 02/09/2016 - 02/11/2017.

Interest rates are variable.

AccountInterest paid monthly
% Per Month% EAR
Club Lloyds Current Account 1.52 19.89
Club Lloyds Silver Current Account 1.52 19.89
Club Lloyds Gold Current Account 1.52 19.89
Club Lloyds Platinum Current Account 1.52 19.89
Club Lloyds Premier Current Account 1.52 19.89

These interest rates were correct from 02/09/2016 - 02/11/2017.

Interest rates are variable.

AccountInterest Paid Monthly
% Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
Premier Current Account 1.20 15.43
Platinum Current Account 1.34 17.28
Gold Service Current Account 1.53 19.94
Silver Current Account 1.53 19.94
Classic Account 1.53 19.94

These interest rates are correct as at 12/11/2013 - 01/09/2016

Account Interest paid monthly
% Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
Club Lloyds Current Account 1.53 19.94
Club Lloyds Silver Current Account 1.53 19.94
Club Lloyds Gold Current Account 1.53 19.94
Club Lloyds Platinum Current Account 1.34 17.28
Club Lloyds Premier Current Account 1.20 15.43

These interest rates are correct as at 22/04/2014.

Interest rates are variable.


Account Interest Paid Monthly
% Per Month % EARCloseEAREAR is the equivalent annual rate. This is the actual annual rate of overdraft. It doesn't take into account other fees and charges.
Premier Current Account 0.98 12.43
Platinum Current Account 1.12 14.28
Gold Service Current Account 1.34 17.32
Silver Current Account 1.45 18.86
Classic Account, Current Account 1.48 19.28

These interest rates were correct from 17/06/2012 to 02/10/2012.

The EAR does not take into account any additional charges (e.g. arrangement fees/securities charges/monthly fees) which may be applicable.