Classic account

Our Classic account has everything you need to carry out your day-to-day banking with no monthly fee.

Ready to apply?

Classic account

Our Classic account has everything you need to carry out your day-to-day banking with no monthly fee.

Ready to apply?

Features and benefits

Account services and mobile banking expandable section

Payments

Experience the ease of our quick and secure payment options. You can conveniently deposit cheques up to £10,000 by simply taking a photo and uploading it through our mobile banking app. A daily limit of £10,000 applies.

Free international transfers. Correspondent and recipient bank charges may apply.

Debit card

Use your Visa debit card seamlessly across the Crown Dependencies, UK, and around the world. Enjoy the convenience of tap and pay for purchases up to £100. With our mobile banking app, you can set a contactless payment limit between £30 and £95. You can add your card to Apple Pay and Google Pay for even more flexibility. Withdraw up to £800 daily from Lloyds cash machines.

Mobile and online banking

Download our quick and secure mobile banking app to effortlessly manage your money. Get notifications, view your card and PIN, freeze your card, and manage subscriptions - all in one place.

Bank your way with 24/7 access through online banking, mobile banking or Telephone Banking.

Open a Classic account

To apply, you need to be aged 18 or older and live in the Channel Islands or the Isle of Man.

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

Let’s look at the details

Switch to Lloyds International expandable section
Switch your current account to us in just seven working days, using our stress-free process.

Whether you want to move to Lloyds or you already bank with us and want to open a new Lloyds current account, switching is easy. Our team will do everything to make sure 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 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 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.

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'll 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.

Read the account switching guide (PDF, 80KB).

Overdraft interest rates expandable section

All overdrafts are subject to our assessment of your circumstances, and are repayable on demand.

Overdraft interest rates on Arranged Overdraft debit balances (paid monthly) - from 15 December 2025

Monthly fee
Balance	Interest rate - % each month	Equivalent Annual rate ()/ Annual Percentage Rate () - % yearly
Balance £0 to £50	Interest rate - % each month 0.00	Equivalent Annual rate ()/ Annual Percentage Rate () - % yearly 0.00/0.00
Balance £50+	Interest rate - % each month 1.53	Equivalent Annual rate ()/ Annual Percentage Rate () - % yearly 19.94/18.3

Receiving funds

Total charge for credit	19.94% The ‘Total charge for credit’ rate is an indicative rate assuming a debit balance of £1,200 over a full 12 month period including interest, the effect of compound interest (charging interest on your interest) on your debt and any fees if applicable.

Overdraft interest rates on Unarranged Overdraft debit balances (paid monthly) - from 15 December 2025

Sending funds
Balance	Interest rate - % each month	Equivalent Annual rate ()/ Annual Percentage Rate () - % yearly
Balance £0+	Interest rate - % each month 1.53	Equivalent Annual rate ()/ Annual Percentage Rate () - % yearly 19.94/18.3

Avoiding overdraft interest charges

If your account goes over its limit you have until 2.30pm UK time to pay in money to make sure the payment goes out, but you have until midnight to avoid any overdraft interest.

If you pay in enough to clear your overdraft you will not pay any interest.

The money needs to be immediately available to use, so you could transfer money from another personal account you have with us using online banking or Telephone Banking or pay in cash over the counter in branch.

We will not charge you any other fees for an arranged overdraft but you will normally be charged interest on the amount borrowed.

Charges and fees expandable section

Returned item

If you don’t have enough money to make a payment and we haven’t agreed to give you or extend an unarranged overdraft, the payment won’t go through. We’ll write to you to let you know and we won’t charge you a fee for this.

Cheques

Sending funds
Service	Charges
Service Stopped cheque.	Charges Free
Service Returned cheque - If a cheque paid into your account is returned to us unpaid by another bank or branch.	Charges Free

Statements

Sending funds
Service	Charges
Service We will send you regular account statements free of charge.	Charges Free
Service If you order an extra statement at a Lloyds Cashpoint.	Charges Free
Service Duplicate statements.	Charges Free
Service Holding envelopes and parcels.	Charges We don't offer this service anymore. Existing users please contact the branch: Jersey: 01534 845 436 or 01534 845 269 Guernsey: 01481 706 317 Isle of Man: 01624 697 113 Alderney: 01481 822 340

Travel facilities

Sending funds
Service	Charges
Service When you buy foreign currency from us.	Charges Free
Service When we buy other foreign currency from you.	Charges 1.5% (minimum £3)
Service If you have a Premier or Gold debit card.	Charges Free
Service If you have a Lloyds Student or Graduate account.	Charges Free

Cash machine and debit card charges

When you withdraw cash in the UK, Channel Islands or Isle of Man - whether at a cash machine or over the counter.

Sending funds
Service	Charges
Service Using your debit card or cash machine card at a Lloyds cash machine or branch in the UK, Channel Islands or Isle of Man.	Charges Free
Service Using your debit card at a non-Lloyds cash machine or non Lloyds branch in the UK, Channel Islands or Isle of Man.	Charges Lloyds does not make a charge but the owner of the machine may. If so, the machine will show you the amount and tell you that it will be taken from your account when you withdraw the cash.

When you use your debit card to purchase foreign currency in the UK, Channel Islands or Isle of Man.

Sending funds
Service	Charges
Service From Lloyds branches.	Charges We do not offer traveller cheques.
Service From any other banks, travel agents, bureau de change and outlets displaying the Visa sign.	Charges Lloyds does not make a charge but the provider of foreign currency may make a charge.

When you withdraw cash in a currency other than sterling - whether at an cash machine or over the counter.

Sending funds
Service	Charges
Service Using your Lloyds debit card or Cashpoint® card.	Charges If you use your card to withdraw cash or make a payment in a currency other than sterling, the amount is converted to sterling on the day it is processed by Visa using the Visa Payment Scheme exchange rate on the day. We will charge you a non-sterling transaction fee of 2.99% of the value of the transaction. This is a fee for currency conversion. We will also charge you a non-sterling cash fee of £1.50, except for withdrawals of Euro inside the EEA where you will not be charged a non-sterling cash fee. Where you elect to allow the cash machine operator/financial service provider to make the conversion to sterling we will only charge a foreign cash fee of £1.50, except for withdrawals of Euro inside the EEA where you will not be charged a foreign cash fee. The provider of the foreign currency may make a separate charge for conversion.

Debit card transactions in a currency other than sterling – excluding cash withdrawals, foreign currency, and travellers cheques.

Sending funds
Service	Charges
Service Using your Lloyds debit card.	Charges If you use your card to make a payment in a currency other than sterling, the amount is converted to sterling on the day it is processed by Visa using the Visa Payment Scheme exchange rate on the day. We'll charge you a non-sterling transaction fee of 2.99% of the value of the transaction. This is a fee for currency conversion.

Administration fees

We’ll be happy to respond when you ask us for help with managing your day-to-day banking – at no charge.

But if we have to spend a significant amount of time on a specific area, then like professional advisers, we may charge a fee. If this seems likely, we'll agree it with you before you are committed.

Terms and conditions expandable section

Customer Relationship Agreement (Lloyds Bank Corporate Markets plc) (PDF, 482KB)

Account terms and conditions (PDF, 310KB)

Other accounts and services

Explore your options

We want to make sure you know about our other current account options. Here’s 2 that might suit you.

Help and Guidance

Banking online

Products and services

Existing customers

Lloyds Bank Corporate Markets plc is authorised and regulated in the UK as the non-ring-fenced bank of the Lloyds Banking Group. The Jersey, Guernsey and Isle of Man branches of Lloyds Bank Corporate Markets plc are each separately licensed as regulated deposit-takers in their respective jurisdictions. Lloyds Bank Corporate Markets plc is independent from Lloyds Bank plc, which is authorised and regulated in the UK as the ring-fenced bank of the Lloyds Banking Group. For more information on ring-fencing visit lloydsbank.com/international/ringfencing.html.

Lloyds Bank Corporate Markets plc. registered office: 25 Gresham Street, London, EC2V 7HN. Incorporated in England and Wales with company number 10399850. Lloyds Bank Corporate Markets plc in the UK is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 763256. Authorisation can be checked on the Financial Services Register.

The Jersey branch of Lloyds Bank Corporate Markets plc, principal place of business 9 Broad Street, St Helier, Jersey, JE2 3RR, is regulated by the Jersey Financial Services Commission.

The Guernsey Branch of Lloyds Bank Corporate Markets plc, principal place of business 1 Smith Street, St Peter Port, Guernsey GY1 2JN, is licensed by the Guernsey Financial Services Commission.

The Isle of Man branch of Lloyds Bank Corporate Markets plc, principal place of business Villiers House, 2 Victoria Street, Douglas, Isle of Man, IM1 2LN, is licensed by the Isle of Man Financial Services Authority. Our international services are offered by Lloyds Bank Corporate Markets plc. See Company Information. Whilst our services will be available to many customers, there are countries where, due to legal or regulatory restraints, we cannot provide them.

Lloyds Bank Corporate Markets plc, Jersey Branch is a participant in the Jersey Banking Depositor Compensation Scheme, the Isle of Man Branch is a participant in the Isle of Man Depositors’ Compensation Scheme and the Guernsey Branch is a participant in the Guernsey Banking Deposit Compensation Scheme. Further details of the schemes are available from Company Information.

Complaints involving the Isle of Man branch of Lloyds Bank Corporate Markets plc that it cannot settle should be referred to the Financial Services Ombudsman Scheme in the Isle of Man. Complaints involving the Jersey and Guernsey branches of Lloyds Bank Corporate Markets plc that it cannot settle should be referred to the Channel Islands Financial Ombudsman.

View our information on how to complain.

Everyday banking

Help and support

Life events

Common scams

Payment scams

Keeping your family safe

Money making scams

Relationship Managed Service

Our products

Young people accounts

Existing customers

Accounts no longer available

Our products

Features

Our products

Mortgages

Mortgage calculators

Features and support

Already with us?

Classic account

Classic account

Everyday banking

Mobile app

Payments

Debit card

Mobile and online banking

Sole customers

Joint customers

Let’s look at the details

Overdraft interest rates on Arranged Overdraft debit balances (paid monthly) - from 15 December 2025

Overdraft interest rates on Unarranged Overdraft debit balances (paid monthly) - from 15 December 2025

Avoiding overdraft interest charges

Returned item

Cheques

Statements

Travel facilities

Cash machine and debit card charges

Administration fees

Other accounts and services

Relationship managed service

Explore your options

Classic Plus

Premier Plus

Protecting your money

Compare current accounts

Compare current accounts

Help and Guidance

Banking online

Products and services

Existing customers