Lloyds current accounts for November 2026

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

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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
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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
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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
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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
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Lloyds Bank logo
8.8Great
Lloyds Bank Smart Start Spending Account
8.8Great
£0
No minimum funding requirement
0% AER

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

More info
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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
£200 switch offer. T&Cs apply.
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
£200 switch offer. T&Cs apply.
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
£200 switch offer. T&Cs apply.
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
£200 switch offer. T&Cs apply.
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
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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

    Lloyds’ Platinum packaged 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. Lloyds also offers a Premier account which comes with private GP access and tailored financial coaching, but you’ll need to pay in £5,000 a month or hold £100,000 or more in savings or investments, to qualify.
    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, with previous prizes including a trip to Disneyland Paris and a chance to see The Lion King in London. 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 also has a Premier account that comes with a wide range of perks, but you’ll need to meet strict qualifying criteria to open it.

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.

Our “Best for” picks highlight top options in specific categories based on our independent evaluation (see our full methodology), while “Promoted” tags indicate sponsored placements. Selected products may not suit everyone. We track selected market offers, which may not cover every product. Products are listed in no particular order unless specified, and inclusion or ordering may be influenced by popularity or commercial agreements. Most comparison table data is provided by Defaqto or sourced directly from providers. Always evaluate your own circumstances and consider independent advice before making major financial decisions.
Valentina Cipriani's headshot
Writer
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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

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