Switch and save cashback offer

This offer ended on 31 May 2026.

Terms and conditions apply.

This offer has ended. It applied to customers who switched current accounts between 01 January 2026 and 30 April 2026.

Switch and save offer details

You need to have switched to take part

Switches to Lloyds current accounts must have started between 01 January 2026 and 30 April 2026 using the Current Account Switch Service.

Lloyds account upgrades not included.

You need to have opened a new savings account

Accounts that were included in the offer and opened between 24 February and 31 May 2026.

  • 1 or 2 year Online Fixed Bond
  • 1 or 2 year Fixed Rate Cash ISA

Keep your savings, get cashback

You need to have deposited at least £5,000 in one or more of the listed accounts by 31 May 2026, in line with the account conditions. If you transferred an ISA, the process must have been started by 31 May 2026.

You need to keep your savings in the account beyond 31 August 2026.

You’ll receive up to £1,200 cashback by 30 September 2026 into your Lloyds current account, so keep this open.

The more you saved the more cashback you’ll earn

See how much cashback you'll get from your savings.

Cashback

Money added

Cashback recieved

Money added

£5,000 to £9,999.99

Cashback recieved

£30

Money added

£10,000 to £14,999.99

Cashback recieved

£60

Money added

£15,000 to £19,999.99

Cashback recieved

£90

Money added

£20,000 to £24,999.99

Cashback recieved

£120

Money added

£25,000 to £49,999.99

Cashback recieved

£150

Money added

£50,000 to £74,999.99

Cashback recieved

£300

Money added

£75,000 to £99,999.99

Cashback recieved

£450

Money added

£100,000 to £124,999.99

Cashback recieved

£600

Money added

£125,000 to £149,999.99

Cashback recieved

£750

Money added

£150,000 to £174,999.99

Cashback recieved

£900

Money added

£175,000 to £199,999.99

Cashback recieved

£1,050

Money added

£200,000+

Cashback recieved

£1,200

  • 1. Eligibility

    In order to qualify for this savings offer (the “Offer”), you must:

    • be a UK resident aged 18 years or older.
    • (i) have opened a new Lloyds Bank plc (“Lloyds Bank”) current account using the ‘Current Account Switch Service’ and switched from a bank account held with another bank between 01 January to 30 April 2026 (a “Qualifying Account”), and (ii) a Qualifying Account open as at 30 September 2026 for payment of the cashback incentive. 
    • not currently hold, nor in the last 12 months from the date of opening a new qualifying fixed rate savings account have held, a savings account with any Lloyds Banking Group company in your name (sole or joint). 

    The qualifying fixed rate savings accounts are:

    • Lloyds Fixed Rate Cash ISA 1 Year
    • Lloyds Fixed Rate Cash ISA 2 Year
    • Lloyds Online Fixed Bond 1 Year
    • Lloyds Online Fixed Bond 2 Year

    (“Lloyds Bank Fixed Savings Account”)

    • open one or more Lloyds Bank Fixed Savings Accounts and deposit at least £5,000 (total balance across accounts) from 24 February 2026 to 31 May 2026 (Offer Period). Please note that any deposits made after 31 May 2026 will not be eligible for this Offer with the exception of ISA transfers initiated during the Offer Period and completed by 31 August 2026 (i.e. ISA transfer funds must be in the new Lloyds Fixed Rate Cash ISA by 31 August 2026). Please see Clause 3 for ISA transfers which are not eligible for this Offer. Partial and full ISA transfer-in requests are eligible for this Offer. You may transfer-in multiple ISA balances.

    The Lloyds Bank Fixed Savings Account must remain open until at least 31 August 2026. Please note that an early closure charge will apply if a fixed product is closed before its maturity date as set out in the product terms and conditions.

    2. Cashback

    Provided you meet the eligibility criteria in Clause 1, you will receive cashback based on total deposited balances held as at the 31 August 2026, across Lloyds Bank Fixed Savings Accounts as set out in the table.

    Cashback will be calculated on the total amount deposited in your Lloyds Bank Fixed Savings Account(s) on 31 May 2026 (31 August for any ISA transfers) and paid into your Qualifying Account by 30 September 2026.

    Only one offer is available per customer. Joint accounts will only be paid one payment.

    3. Exclusions

    You can’t take part in this Offer if:​

    • you do not meet the eligibility criteria in Clause 1
    • your Qualifying Account is closed, before the cashback is paid (cashback will be paid by 30 September 2026)
    • we reasonably believe that you have acted fraudulently or misleadingly or have abused the Offer.

    ISA transfers from Lifetime ISAs, Help to Buy ISAs, Innovative Finance ISAs, Junior ISAs or from other Lloyds Banking Group companies are not included in this Offer.

    You cannot benefit from more than one offer that Lloyds Bank promotes at the same time in respect of the same deposit. For example, if you open a Fixed Rate Cash ISA during the term of this Offer and a Cash ISA Transfer offer is also running, you will not be entitled to cashback on both in respect of the same deposit.

    4. General Terms

    • The promoter of this Offer is Lloyds Bank plc, 12 Wellington Place, Leeds, LS1 4AP.
    •  This Offer may be amended or withdrawn by Lloyds Bank plc at any time.​
    • No alternative payment methods are available, and the cashback is not transferrable.

Awarded Moneyfacts Five-Star rating

Recognised for ease of opening across our Personal Savings Accounts.

Protecting your money

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Protecting your money

The Financial Services Compensation Scheme (FSCS) protects up to £120,000 of the eligible money you hold with us.

More about the FSCS

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