Non-marketed products

Current rates

Bank of England Base Rate change from 0.5% to 0.25% on 4th August

If you have a Cheque Account, Budget Account, Equity Release or Classic Account where the planned and / or unplanned overdraft rate is linked to base rate this decreased by 0.25% from the date of announcement, 4th August. Please see your statement for your current overdraft interest rate.

Planned overdraft rates linked to Bank of England base rate will decrease by 0.25% from 1st September for the Offset Accounts listed below in the Personal Non Marketed Overdrafts – Planned and Unplanned Overdrafts table.

Budget Account – Planned and Unplanned overdraft

Budget 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.
In England & Wales 1.57 20.6
In Scotland
Base Rate + 5.0%
In Scotland
Base Rate + 1.0%

These interest rates are correct as at 02/11/2007.

Interest rates are variable and depend on the type of Budget Account you hold. Please check your statement for details of your current overdraft interest rates.


Cheque Account – Planned and Unplanned Overdrafts

Cheque 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.

Unplanned overdrafts

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

1.48 19.3
Planned overdrafts – interest rates are variable and linked to Base Rate. Please check your statement for details of your current overdraft interest rates

These interest rates are correct as at 02/11/2007.

These interest rates are variable.


Classic Account Vantage Rates

(Interest calculated daily, paid monthly)
Balance
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1 - £999 0.00 0.00 0.00
£1,000 - £2,999 0.50 0.50 0.40
£3,000 - £5,000 1.50 1.49 1.19

These interest rates were correct between 02/07/2014 and 02/05/2016.

Vantage is no longer available with new current accounts or as an upgrade option for existing customers. In February 2016 we wrote to existing Vantage customers to advise that we were removing Vantage from our product range. From 3rd May 2016 no credit interest is paid on Vantage accounts and Vantage terms and conditions no longer apply. Vantage was removed from account names shortly after this.


Classic Reserve

Classic Reserve Monthly Rate % APR Purchases % APR Cash %
Standard Rate 1.527 19.9 22.4

These interest rates are correct as at 01/09/2001.


Current Accounts with Plus

(Interest paid monthly)
Balance
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.
£1 - £2,500 1.50 1.49 1.19

These interest rates are correct as at 02/12/2010.

Plus gives you the benefit of credit interest on your current account if you comply with the Plus condition of paying into your account at least £1,000 each calendar month.

We do not pay interest on any amount over £2,500.


Equity Release Account – Planned and Unplanned Overdrafts

Equity Release 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.

Unplanned overdrafts

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


Base Rate + 2.50%
Planned Overdrafts Base Rate
Planned Overdrafts Base Rate + 1.00%
Planned Overdrafts Base Rate + 2.50%

These interest rates are correct as at 02/11/2007.

Interest rates are variable and depend on the type of Equity Release Account you hold. Please check your statement for details of your current overdraft interest rates.


Gold Account Vantage Interest Rates

(Interest calculated daily, paid monthly)
Balance
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1 - £999 0.00 0.00 0.00
£1,000 - £2,999 0.50 0.50 0.40
£3,000 - £5,000 1.50 1.49 1.19

These interest rates were correct between 02/07/2014 and 02/05/2016.

Vantage is no longer available with new current accounts or as an upgrade option for existing customers. In February 2016 we wrote to existing Vantage customers to advise that we were removing Vantage from our product range. From 3rd May 2016 no credit interest is paid on Vantage accounts and Vantage terms and conditions no longer apply. Vantage was removed from account names shortly after this.


Lloyds Abbey Life Account – Planned and Unplanned Overdrafts

Lloyds Abbey Life 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.
Classic Concessional 0.99 12.6

These interest rates are correct as at 02/11/2007.

These interest rates are variable.


Moneyplan

(Interest paid annually)
Moneyplan
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1+ 0.10 0.10 0.08

These interest rates are correct as at 01/03/2004.


Personal Non Marketed Overdrafts – Planned and Unplanned Overdrafts

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.
Classic Account Preferential and Current Account Preferential 1.30 16.8
Ex TSB Student - -
£0 - £700 0 0
£700+ 0.63 7.8
Lloyds Abbey Life 0.99 12.6
Offset Current Accounts – planned overdrafts
Base + 0.9
Classic Offset Account – unplanned overdrafts* 19.94
Select Offset Account – unplanned overdrafts* 19.94
Premier Offset Account – unplanned overdrafts* 15.43
Gold Offset Current Account – unplanned overdrafts* 19.94
Platinum Offset Current Account – unplanned overdrafts* 17.28
Premier Plus Current 0.98 12.43
Platinum Plus Current Account 0.98 12.43
Gold Service Plus Account 1.3 16.77
Select Plus Account 1.34 17.32
Select Current Account* 1.45 18.86
Classic Plus Account 1.45 18.86

These interest rates are correct as at 01/12/2011.

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

The Monthly Maximum Charge for your current account is £95: 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.

Platinum Account Vantage Interest Rates

(Interest calculated daily, paid monthly)
Balance
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1 - £999 0.00 0.00 0.00
£1,000 - £2,999 0.50 0.50 0.40
£3,000 - £5,000 1.50 1.49 1.19

These interest rates were correct between 02/07/2014 and 02/05/2016.

Vantage is no longer available with new current accounts or as an upgrade option for existing customers. In February 2016 we wrote to existing Vantage customers to advise that we were removing Vantage from our product range. From 3rd May 2016 no credit interest is paid on Vantage accounts and Vantage terms and conditions no longer apply. Vantage was removed from account names shortly after this.


Premier Account Vantage Rates

(Interest calculated daily, paid monthly)
Balance
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1 - £999 0.00 0.00 0.00
£1,000 - £2,999 0.50 0.50 0.40
£3,000 - £5,000 1.50 1.49 1.19

These interest rates were correct between 02/07/2014 and 02/05/2016.

Vantage is no longer available with new current accounts or as an upgrade option for existing customers. In February 2016 we wrote to existing Vantage customers to advise that we were removing Vantage from our product range. From 3rd May 2016 no credit interest is paid on Vantage accounts and Vantage terms and conditions no longer apply. Vantage was removed from account names shortly after this.


Service account

(Interest paid annually)
Service Account
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1+ 0.00 0.00 0.00

These interest rates are correct as at 01/12/2010.


Silver Account Vantage Interest Rates

(Interest calculated daily, paid monthly)
Balance
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1 - £999 0.00 0.00 0.00
£1,000 - £2,999 0.50 0.50 0.40
£3,000 - £5,000 1.50 1.49 1.19

These interest rates were correct between 02/07/2014 and 02/05/2016.

Vantage is no longer available with new current accounts or as an upgrade option for existing customers. In February 2016 we wrote to existing Vantage customers to advise that we were removing Vantage from our product range. From 3rd May 2016 no credit interest is paid on Vantage accounts and Vantage terms and conditions no longer apply. Vantage was removed from account names shortly after this.


Student Interest Cheque account

(Interest paid annually)
Student Interest Cheque Account
AERCloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.%
£1+ 0.00 0.00 0.00

These interest rates are correct as at 29/09/2003.


Student Account (2002 offer) – 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.
£0 - £1,500 0.00 0.00
£1,500+ 0.66 8.2
£0 - £2,000 0.00 0.00
£2,000+ 0.66 8.2

These interest rates are correct as at 02/11/2007.

These interest rates are variable.


Student account 2003 – 2006 offer – Planned and Unplanned Overdrafts

Student account 2003 - 2006 offer% 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 £0-£1.500 0.00 0.00
£1,500+ 0.66 8.2
Year 2 £0-£1,500 0.00 0.00
£1,500+ 0.66 8.2
Year 3: £0 - £1,500 0.00 0.00
£1,500+ 0.66 8.2
Years 4 and 5: £0 - £2,000 0.00 0.00
£2,000+ 0.66 8.2

These interest rates are correct as at 02/11/2007.

These interest rates are variable.


TSB Student Account – Planned and Unplanned Overdrafts

TSB 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.
£0 - £700 0.00 0.00
£700+ 0.63 7.8

These interest rates are correct as at 02/11/2007.

These interest rates are variable.


Vantage

Please click here for products closed to new customers.

Previous rates

Classic Reserve

Classic Reserve (from the Lloyds range) Monthly Rate % APR Purchases % APR Cash %
Standard Rate 1.562 20.4 22.3
Balance Transfer Rate 0.639 7.9 N/A

These interest rates were correct from 01/02/2001 to 01/09/2001.

Graduate Gold account - Credit

Graduate Gold account AER CloseAERAER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.% GrossCloseGrossThe contractual rate of interest payable before deduction of income tax at the rate specified by law. % NetCloseNetNet rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC R85 form. As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places. %
£1+ 2.02 2.00 1.56
£2,000+ 0.10 0.10 0.08

These interest rates were correct from 01/06/2004 to 22/07/2004.


Graduate Gold account - Planned and Unplanned Overdrafts

Graduate Gold 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.
£2,000+ 1.30 16.8
£0 - £2,000 0.00 0.00

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


Premier Overdraft Rates

Agreed % 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.
£251+ 0.79 9.90
Not Agreed 2.2% 29.8%

These interest rates were correct from 01/09/2006 to 01/12/2006.

The Equivilent Annualised Rate (EAR) does not take into account any additional charges – for example, arrangement fees, securities charges, or monthly fees that may be due.


Student Account (2003, 2004 and 2005 Offer)

Student Account (2003, 2004 and 2005 Offer)% 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: £0 - £1,500 0.00 0.00
£1,500 + 0.60 7.40
Year 2: £0 - £1,500 0.00 0.00
£1,500 + 0.60 7.40
Year 3: £0 - £1,500 0.00 0.00
£1,500 + 0.60 7.40
Years 4, 5 and 6: £0 - £2,000 0.00 0.00
£2,000 + 0.60 7.40
Unauthorised 2.20 29.8

These interest rates are correct as at 03/07/2006.