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Current account rates
If you can’t see your product in the list below it may be because it is no longer available, click here to see a list of our non marketed product rates.
The following tables change from time to time. The date of the last change is detailed beneath each table.
Interest rates are variable.
More information about our previous Current Account rates.
All Current Account Interest Rates
Club Lloyds current account
|
Balance between |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 1.50% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000-£5,000 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 3.00% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Gold
|
Balance between |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 1.50% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 3.00% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Platinum
|
Balance between |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 1.50% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 3.00% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Premier
|
Balance between |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 1.50% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 3.00% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
Club Lloyds Silver
|
Balance between |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) |
|---|---|---|
|
Balance between £1 - £3,999.99 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 1.50% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 1.49% |
|
Balance between £4,000 - £5,000 |
AERAERAER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. (Interest Paid Monthly) 3.00% |
GrossGrossGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a. (Interest Paid Monthly) 2.96% |
These interest rates are correct as at 31/01/2023.
All Club Lloyds accounts
To earn credit interest, you just need to pay out two different Direct Debits from your Club Lloyds account each calendar month. Interest is variable, worked out daily and paid monthly.
For example, when you have £4,500 in your account, you could earn interest of 1.50% AERAnnual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. (1.49% grossGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a.) variable on the first £3,999.99 and 3.00% AERAnnual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. (2.96% grossGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. p.a.) variable on the rest. You won’t earn interest on any part of your balance over £5,000.
Please note interest paid before 6th April 2016 will have been paid net (unless you registered the account with us to receive gross interest). Net is the rate of interest payable after allowing for the deduction of income tax at the rate specified by law (currently 20%).
From 6th April 2016 interest is paid Gross, meaning we will not deduct tax on your behalf. Dependant on your personal circumstances, tax may be due on your interest and it is your responsibility to disclose and pay any tax due directly to HMRC.
Student Current Account
|
Your balance |
AER %Annual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. |
Gross %CloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. |
|---|---|---|
|
Your balance £1-£5,000 |
AER %Annual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. 2.00 |
Gross %CloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. 1.98 |
|
Your balance £5,000.01 and above |
AER %Annual Equivalent RateThe Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded each year. The AER allows you to compare different offers easily. 0.00 |
Gross %CloseGross rateGross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs. 0.00 |
These interest rates are correct as at 01/08/2023.
Under 19s account
For accounts opened before 23 August 2021
For accounts opened on or after 23 August 2021
These interest rates are correct as at 23/08/2021.
Please note interest paid before 6th April 2016 will have been paid net (unless you registered the account with us to receive gross interest). Net is the rate of interest payable after allowing for the deduction of income tax at the rate specified by law (currently 20%).
From 6th April 2016 interest is paid Gross, meaning we will not deduct tax on your behalf. Dependant on your personal circumstances, tax may be due on your interest and it is your responsibility to disclose and pay any tax due directly to HMRC.
Important legal information
Lloyds and Lloyds Bank are trading names of Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).
Calls may be monitored or recorded to help us improve our quality of service.
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