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Current account rates
If your product isn't listed below, it may no longer be available. Check our non-marketed product rates
These tables are updated as needed. You'll find the date of the last change below each table.
Interest rates are variable.
More information about our previous current account rates.
All Current Account Interest Rates
Club Lloyds current account
|
Balance between |
AERAERAER 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. (Interest Paid Monthly) |
GrossGrossGross 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. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER 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. (Interest Paid Monthly) 1.50% |
GrossGrossGross 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. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000-£5,000 |
AERAERAER 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. (Interest Paid Monthly) 3.00% |
GrossGrossGross 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. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Gold
|
Balance between |
AERAERAER 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. (Interest Paid Monthly) |
GrossGrossGross 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. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER 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. (Interest Paid Monthly) 1.50% |
GrossGrossGross 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. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER 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. (Interest Paid Monthly) 3.00% |
GrossGrossGross 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. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Platinum
|
Balance between |
AERAERAER 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. (Interest Paid Monthly) |
GrossGrossGross 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. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER 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. (Interest Paid Monthly) 1.50% |
GrossGrossGross 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. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER 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. (Interest Paid Monthly) 3.00% |
GrossGrossGross 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. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Premier – opened before 2014
|
Balance between |
AERAERAER 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. (Interest Paid Monthly) |
GrossGrossGross 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. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER 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. (Interest Paid Monthly) 1.50% |
GrossGrossGross 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. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER 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. (Interest Paid Monthly) 3.00% |
GrossGrossGross 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. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Lloyds Premier - opened after May 2025
|
Balance between |
AERAERAER 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. (Interest Paid Monthly) |
GrossGrossGross 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. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER 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. (Interest Paid Monthly) 1.50% |
GrossGrossGross 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. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER 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. (Interest Paid Monthly) 3.00% |
GrossGrossGross 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. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Silver
|
Balance between |
AERAERAER 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. (Interest Paid Monthly) |
GrossGrossGross 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. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER 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. (Interest Paid Monthly) 1.50% |
GrossGrossGross 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. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER 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. (Interest Paid Monthly) 3.00% |
GrossGrossGross 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. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
All Club Lloyds accounts
To earn credit interest, 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% grossGross 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% grossGross 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. You won’t earn interest on any part of your balance over £5,000.
Interest paid before 6 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 6 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.
Student Current Account
|
Your balance |
AER %Annual 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. |
Gross %CloseGross 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. |
|---|---|---|
|
Your balance £1-£5,000 |
AER %Annual 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. 2.00 |
Gross %CloseGross 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. 1.98 |
|
Your balance £5,000.01 and above |
AER %Annual 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. 0.00 |
Gross %CloseGross 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. 0.00 |
These interest rates are correct as at 01/08/2023.
Under 19s account
For accounts opened before 23 August 2021
For accounts opened on or after 23 August 2021
These interest rates are correct as at 23/08/2021.
Interest paid before 6 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 6 April 2016 interest is paid Gross, meaning we will not deduct tax on your behalf. Dependent 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.
Important legal information
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