Lloyds current accounts for June 2026

Take a look at Lloyds' full range of current accounts – some of which even pay interest on your balance.

4.2 (735 reviews) Write a review
Valentina Cipriani's headshot
Jason Loewenthal's headshot

By

Valentina Cipriani

&

Jason Loewenthal

Updated

Fact checked
Lloyds Bank

Start comparing

A Lloyds current account comes with all the pros you can expect from a major UK bank: a well-organised network of branches, all kinds of related financial products, customer service and top-level security. Lloyds Bank often runs switch incentives where customers can earn a switching bonus when they open a new current account with the bank and close down another account held elsewhere.

Compare Lloyds current accounts

12 of 12 results
Updated daily
Finder Score Account fees Funding requirement Interest (AER) Arranged overdraft Incentive Representative example
Lloyds Bank logo
9.1Excellent
Lloyds Bank Classic Account
Cashback
9.1Excellent
£0
No minimum funding requirement
0% AER
29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 29.9% EAR variable.
More info
Compare product selection
Lloyds Bank logo
Not yet rated
Lloyds Bank Silver Account
Cashback
Not yet rated
£11.50 per month
No minimum funding requirement
0% AER
29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 29.9% EAR variable. Account fee of £11.50 per month.
More info
Compare product selection
Lloyds Bank logo
Not yet rated
Lloyds Bank Student Account
Cashback
Not yet rated
£0
No minimum funding requirement
0% AER
N/A
Representative example: If you use an arranged overdraft of £1,200, you'll be charged.
More info
Compare product selection
Lloyds Bank logo
Not yet rated
Lloyds Bank Platinum Account
Cashback
Not yet rated
£22.50 per month
No minimum funding requirement
0% AER
29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 29.9% EAR variable. Account fee of £22.50 per month.
More info
Compare product selection
Lloyds Bank logo
Not yet rated
Lloyds Bank Graduate Account
Cashback
Not yet rated
£0
No minimum funding requirement
0% AER
0% EAR variable on the first £2,000 and then 29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged.
More info
Compare product selection
Lloyds Bank logo
Not yet rated
Lloyds Bank Basic Account
Cashback
Not yet rated
£0
No minimum funding requirement
0% AER
N/A
More info
Compare product selection
Lloyds Bank logo
8.8Great
Lloyds Bank Smart Start Spending Account
8.8Great
£0
No minimum funding requirement
0% AER

More info
Compare product selection
Lloyds Bank logo
8.8Great
Lloyds Bank Under 19s Account
Cashback
8.8Great
£0
No minimum funding requirement
0.5% AER

More info
Compare product selection
Lloyds Bank logo
9.8Excellent
Club Lloyds
Cashback
9.8Excellent
£0
£2000 per month
0.75% AER
0% EAR variable on the first £100 and then 29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 0% EAR variable on the first £100 and then 29.9% EAR variable.
More info
Compare product selection
Lloyds Bank logo
Not yet rated
Lloyds Bank Club Lloyds Silver Account
Cashback
Not yet rated
£11.50 per month
£2000 per month
0.75% AER
0% EAR variable on the first £100 and then 29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 0% EAR variable on the first £100 and then 29.9% EAR variable. Account fee of £11.50 per month.
More info
Compare product selection
Lloyds Bank logo
8.8Great
Lloyds Bank Club Lloyds Platinum Account
Cashback
8.8Great
£22.50 per month
£2000 per month
0.75% AER
0% EAR variable on the first £100 and then 29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 0% EAR variable on the first £100 and then 29.9% EAR variable. Account fee of £22.50 per month.
More info
Compare product selection
Lloyds Bank logo
9.3Excellent
Lloyds Bank Lloyds Premier
Cashback
9.3Excellent
£0
£5000 per month
1.5% AER
0% EAR variable on the first £100 and then 29.9% EAR variable
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 0% EAR variable on the first £100 and then 29.9% EAR variable.
More info
Compare product selection
loading
Showing 12 of 12 results

Finder Score for bank accounts

To make comparing even easier we came up with the Finder Score. Fees, features and customer service across 20+ of the most popular banks are all weighted and scaled to produce a score out of 10. The higher the score the better the account – simple.

Read the full methodology

Types of current accounts from Lloyds

Here’s a list of the types of current accounts that Lloyds has to offer. As you can imagine, there’s one for every need, from children who are just starting their personal finance journey to fully established professionals.

  • Reward and incentive accounts

    With Club Lloyds, you get an annual interest rate on your balance, plus other lifestyle benefits. Meanwhile, if you pay in the minimum required amount, Lloyds will waive your monthly fee. If you’d rather get a more straightforward cash reward directly when you switch, you can compare incentive account options on Finder.
    Learn more about reward and incentive accounts

  • Premium accounts

    Unlike most premium accounts, Lloyds’ Platinum account doesn’t have strict eligibility criteria. Most people can get it, but it does come with a monthly fee in return for a full range of insurance benefits.
    Learn more about premium current accounts

  • Student accounts

    Lloyds’ student account is a solid option that offers an interest-free overdraft to make your tight budget a bit more flexible. It also offers cashback on certain purchases but no freebies, so you may want to compare alternatives to see if you can secure a free railcard or a cash welcome incentive too.
    Learn more about student accounts

  • Graduate account

    Lloyds’ student account automatically converts to a graduate account once you’ve completed your university course. This offers an interest-free overdraft that gradually reduces each year.

    Learn more about graduate accounts

  • Children’s accounts

    Lloyds’ children’s account treats your kids with a little interest rate on their balance, and is an effective tool to teach them how to manage their money, starting from when they’re as young as 11.

    Learn more about children’s accounts

  • Business accounts

    Lloyds offers a business account for companies that have an annual turnover of less than £25 million. If it’s your first business account with Lloyds, it will waive the account fee for the first 12 months. Lloyds also offers accounts for schools and community groups, plus business accounts for professional practices including solicitors, accountants, insurance brokers and estate and managing agents.

    Learn more about business accounts

Lloyds, Halifax and Bank of Scotland customers have access to a new rewards hub

Following the launch of a new in-app rewards hub, Lloyds, Halifax and Bank of Scotland current account customers could be in with a chance of winning thousands of pounds each month.

Under a new prize draw, 50 customers will be chosen at random each month to win £2,026. To qualify, you must activate the offer in the app every month and have at least £1,000 paid into your account - this must be your salary, pension or other benefits, but does not include self-employed income. Customers will also have the chance to enter other prize draws, including the chance to win a trip to Disneyland Paris or money to spend on Apple products. In addition, the rewards hub features an expanded range of discounts and cashback at selected retailers.

Lloyds customers also have the opportunity to take on challenges, such as visiting Rewards in their app each month to be in with a chance of winning £50, while those who set a reminder for when their broadband, mobile or energy contract is due to end will be entered into a separate prize draw to win £5,000.

Does Lloyds offer any promotions, discounts or refer-a-friend offers?

Yes, Lloyds often offers switching deals although it’s not currently offering any. We have a page on all switching deals, if you’re interested.

Does Lloyds offer joint accounts?

Yes, you can open a joint account between 2 people with Lloyds.

Does Lloyds offer premium/packaged or premier accounts?

Yes, Lloyds offers a range of packaged bank accounts, including its Platinum account, which costs £22.50 a month. It no longer offers its Premier account to new customers.

What do customers say about Lloyds Bank?

93% of customers we surveyed in 2026 would recommend Lloyds Bank to a friend.

It's deeply trusted by its customers, many of whom have held their accounts for over 20 years. The mobile app is frequently highlighted as seamless and easy to use, and customers appreciate the swift, helpful customer service.

While the perks on their packaged accounts are well-liked, some users feel the monthly fees are quite expensive. Additionally, operational changes—such as branch closures and the inability to deposit cheques at the Post Office—have caused frustration for those who rely on traditional banking methods.

AI-generated summary from the text of customer reviews on Finder.

Lloyds Bank and Finder Awards

Finder Awards logo

Our Finder Awards celebrate brands that truly stand out in their field. Lloyds Bank was named our 2026 Savings Customer Satisfaction Award winner!

Pros and cons of banking with Lloyds

Pros

  • Rewards. Aside from paying interest on balances, Lloyds also has a decent rewards programme that lets you earn cashback when you shop at selected retailers. All current account holders can register for it.
  • Multiple ways to bank. As is usual with big banks, with Lloyds you can stay on top of your current account using the mobile app, online, on the phone or in person.
  • Mobile banking app. It's a straightforward and clean app, although it doesn't come with loads of features. But Lloyds is gradually improving it.
  • Global acceptance. Lloyds debit cards are on the Visa network, so you don't have to worry about acceptance, even if you go abroad.
  • A full range of financial products. Mortgages, loans, credit cards, you name it. If you prefer concentrating all your banking stuff in the same financial institution, a big bank is a smart choice that will give many different products to choose among.

Cons

  • Packaged accounts are pricey. Lloyds' packaged account options have relatively high monthly costs, with its Platinum account costing £22.50 a month in account maintenance fees.
  • International transfers are also pricey. If you anticipate sending money abroad from your Lloyds account, you may incur a transfer fee.

Customer service information for Lloyds

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Our verdict: Is Lloyds a good bank?

Lloyds Bank offers a great reward system with its current accounts. If you want to earn rewards for spending, these accounts could suit you well. If Lloyds’s current accounts aren’t for you, compare other current accounts in our full comparison guide.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.

Sources

Valentina Cipriani's headshot
Writer

Valentina Cipriani was a writer at Finder UK. She wrote news, features and guides about banking and credit cards, helping people to improve their financial lives. She holds an MA in International Journalism. See full bio

Jason Loewenthal's headshot
Co-written by

Senior writer

Jason is a writer and editor. He worked as a senior subeditor for Finder for 5 years and in that time became familiar with a wide range of financial products and services. Before that, he worked for Australian Associated Press. He has a BA from Macquarie University in Australia. Jason loves to help other people find new ways to save money. See full bio

More resources on Finder

More guides on Finder

  • Best free bank accounts you can open online in the UK

    Discover more about the benefits of free bank accounts.

  • Best premier & premium bank accounts UK 2026

    Premier bank accounts offer additional perks for people who hold significant sums with the bank providing them, and can be good value for money. We take a look at how they work, what features they offer and what the eligibility criteria can look like.
  • Monzo vs Monese

    Unsure which of these 2 digital banking brands is right for you? Our side-by-side comparison of their features and fees will help you decide.
  • Starling vs Monese

    We compare the free current accounts from these 2 digital banking brands, exploring their apps, features and any card use limits.
  • Revolut vs Monzo vs Starling (with a £20 sign-up bonus!)

    We look at 3of the biggest names in digital banking, and give our verdict on which is the best option for you.

  • Revolut vs Monese

    We compare accounts from these 2 digital banking providers, assessing which is best for app features or for spending in the UK and abroad.
  • Revolut vs Starling (with a £20 sign-up bonus!)

    Mobile banking apps are often difficult to tell apart. We take a closer look at two of this new crop of “digital challengers”.
  • Starling vs Monzo: Fees, features & more

    Thinking about using Starling or Monzo? Compare both side by side using our table. We look at their costs, foreign transaction fees, card delivery speed and app features.
  • Revolut review: The digital bank popular with travellers

    Is Revolut’s app-only account the solution for you? Our review of this challenger banking brand explores the features and fees of its free Standard plan, and outlines the other Revolut accounts available.
  • Monese review

    You can open and use a Monese account in the UK and across Europe. We round up the fees and features of this app-based current account.
Go to site