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 02/09/2016.

Interest rates are variable.

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 2.00% 1.98%

These interest rates are correct as at 08/01/2017.


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 2.00% 1.98%

These interest rates are correct as at 08/01/2017.


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 2.00% 1.98%

These interest rates are correct as at 08/01/2017.


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 2.00% 1.98%

These interest rates are correct as at 08/01/2017.


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 2.00% 1.98%

These interest rates are correct as at 08/01/2017.

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 2% AER/1.98% 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 1.50 1.49
£2,500+ 0.0 0.0

These interest rates are correct as at 02/09/2016.

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 Overdrafts - Planned and Unplanned Overdrafts

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 1.52 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 are correct as at 02/09/2016.

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.
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 are correct as at 02/09/2016.

Interest rates are variable.


Student Account and Early Student Account – Planned and Unplanned 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 are correct as at 12/11/2013.

These interest rates are variable.


Early Student Account

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 8.21
£0 - £200 0.00 0.00

These interest rates are correct as at 12/11/2013.

These interest rates are variable.


Graduate Account – Planned and Unplanned Overdrafts

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+ 1.52 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 are correct as at 02/09/2016.

These interest rates are variable.

Monthly Maximum Charge (MMC) for Unplanned Overdraft Fees and Interest

The Monthly Maximum Charge for your current account is shown in the table below:

Product MMC
Club Lloyds Account, Classic Account, Student Account, Graduate Account, Select Account, Silver Account, Gold Account, Platinum Account, Premier Account (including all Club Lloyds and Offset options) £95
Classic Account with Control or Club Lloyds Current Account with Control

£10

 

This is the maximum amount that, under our charging policy and terms and conditions, we will charge in any monthly billing period for using (or trying to use) an Unplanned Overdraft from 2nd August 2017. The wording below explains what the MMC covers:

Monthly cap on unarranged overdraft charges

  1. Each current account will set a monthly maximum charge for:
    (a) going overdrawn when you have not arranged an overdraft; or
    (b) going over/past your arranged overdraft limit (if you have one).
  2. This cap covers any:
    (a) interest and fees for going over/past your arranged overdraft limit;
    (b) fees for each payment your bank allows despite lack of funds; and
    (c) fees for each payment your bank refuses due to lack of funds.

Previous Overdraft rates

Graduate Account – Planned and Unplanned Overdrafts

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 – Planned and Unplanned Overdrafts

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 % 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 - Planned and Unplanned Overdrafts

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.