Relationship Managed Service
We combine modern banking with a long-standing tradition of exceptional service, offering you the flexibility and choices you need to manage your finances effectively.
Current accounts
Our current accounts offer a choice of ways to manage your money day to day. They’re designed for customers living in the Channel Islands and the Isle of Man.
Choose from our range of current accounts
|
Account |
Monthly fees |
Overdrafts (subject to application and approval) |
Features and benefits |
|---|---|---|---|
|
Account |
Monthly fees £0 |
Overdrafts (subject to application and approval)
|
Features and benefits Free everyday banking when you stay in credit
|
|
Account |
Monthly fees £10 |
Overdrafts (subject to application and approval)
|
Features and benefits All features from the Classic account plus:
|
|
Account |
Monthly fees £20 monthly fee waived each month that a balance of £10,000 is maintained |
Overdrafts (subject to application and approval)
|
Features and benefits All features from the Classic account plus:
|
Insurance benefits supplied by selected third-party providers. Limits, terms and exclusions apply.
All overdrafts are subject to our assessment of your circumstances, and are repayable on demand.
|
Account name |
Fees |
Overdraft facilities |
Credit interest (paid half yearly) |
|---|---|---|---|
|
Account name |
Fees None |
Overdraft facilities None |
Credit interest (paid half yearly) 0.77% GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./ 0.77% AERAER RATEThis stands for Annual Equivalent Rate. Whenever you see an advert for a savings account, which shows an interest rate, you’ll see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year. variable on balances £1+ |
-
Here's how the process works:
- Working day 1
The switching begins. We contact 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 account. - Working day 3 to 5
It’ll take a couple of days to switch over your payment arrangements, and make sure your Lloyds 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 is enough money in your Lloyds 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’ll arrange for payments accidentally made to your old account to be automatically redirected to your new account. We’ll also contact the sender and give them your new account details.
Current Account Switch Guarantee
The Current Account Switch Service is designed to help 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 7 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’ll take care of moving all your outgoing payments, such as direct debits and standing orders, as well as incoming payments like your salary.
If you have money in your old account, we’ll transfer it to your new account on your switch date.We’ll arrange for payments accidentally made to your old account to be automatically redirected to your new account. We’ll 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.
We’ll refund any interest paid or lost, as well as any charges on your old or new current accounts, if anything goes wrong with the switch.
- Working day 1