Relationship Managed Service
We combine modern banking with a long-standing tradition of exceptional service, offering you the flexibility and choices you need to manage your finances effectively.
This product is designed for customers living in the Channel Islands or the Isle of Man and is provided by Lloyds Bank Corporate Markets plc a wholly owned subsidiary of Lloyds Banking Group plc.
Information on our current accounts for customers in the United Kingdom.
Features and benefits
- £1 minimum opening deposit.
- £9 monthly fee to maintain the account.
- Free international transfers (correspondent and recipient bank charges may apply).
- Access to internet banking and mobile app.
- Contactless Visa debit card.
- Cheque book available.
- Standing order and Direct Debit facilities.
- Move your existing account easily from another bank or building society.
Plus
- Worldwide Travel Insurance up to 31 days per trip (subject to eligibility). All cover ceases on the account holders’ 80th birthday.
- Discount available on AA European Breakdown cover (this requires an application to be made directly with the AA).
For more details on who provides these account benefits, see our frequently asked questions.
Switch your account
Move your existing account easily from another bank or building society.
Need overdraft help?
To discuss further support with your arranged overdraft please contact us.
Eligibility
You must be a personal customer aged 18 years or over. You must be ordinarily resident in the Channel Islands or Isle of Man.
Overdraft interest rates
Overdraft interest rates on Arranged overdraft debit balances (paid monthly) - from 29 October 2021:
|
Balance |
Interest rate - % per month |
Equivalent Annual rate (EAREAR stands for Equivalent Annual Rate. EAR quoted includes the effect of compound interest (charging interest on your interest) and does not take into account any fees if applicable.) / Annual Percentage Rate (APRAPR stands for Annual Percentage Rate which represents the total cost of borrowing over a year, including both interest (non-compound) and any fees if applicable on an assumed debit balance of £1,200 over a full 12 month period.)- % yearly |
|---|---|---|
|
Balance £0 - £100 |
Interest rate - % per month 0.00 |
Equivalent Annual rate (EAREAR stands for Equivalent Annual Rate. EAR quoted includes the effect of compound interest (charging interest on your interest) and does not take into account any fees if applicable.) / Annual Percentage Rate (APRAPR stands for Annual Percentage Rate which represents the total cost of borrowing over a year, including both interest (non-compound) and any fees if applicable on an assumed debit balance of £1,200 over a full 12 month period.)- % yearly 0.00 / 0.00 |
|
Balance £100 + |
Interest rate - % per month 1.37 |
Equivalent Annual rate (EAREAR stands for Equivalent Annual Rate. EAR quoted includes the effect of compound interest (charging interest on your interest) and does not take into account any fees if applicable.) / Annual Percentage Rate (APRAPR stands for Annual Percentage Rate which represents the total cost of borrowing over a year, including both interest (non-compound) and any fees if applicable on an assumed debit balance of £1,200 over a full 12 month period.)- % yearly 17.77 / 25.47 |
Overdraft interest rates on Unarranged overdraft debit balances (paid monthly) - from 29 October 2021:
|
Balance |
Interest rate - % per month |
Equivalent Annual rate (EAREAR stands for Equivalent Annual Rate. EAR quoted includes the effect of compound interest (charging interest on your interest) and does not take into account any fees if applicable.)/ Annual Percentage Rate (APRAPR stands for Annual Percentage Rate which represents the total cost of borrowing over a year, including both interest (non-compound) and any fees if applicable on an assumed debit balance of £1,200 over a full 12 month period.) - % yearly |
|---|---|---|
|
Balance £0 + |
Interest rate - % per month 1.37 |
Equivalent Annual rate (EAREAR stands for Equivalent Annual Rate. EAR quoted includes the effect of compound interest (charging interest on your interest) and does not take into account any fees if applicable.)/ Annual Percentage Rate (APRAPR stands for Annual Percentage Rate which represents the total cost of borrowing over a year, including both interest (non-compound) and any fees if applicable on an assumed debit balance of £1,200 over a full 12 month period.) - % yearly 17.7 / 25.47 |
|
Total charge for credit |
26.77% The ‘Total Charge for Credit’ rate is an indicative rate assuming a debit balance of £1,200 over a full 12 month period including interest, the effect of compound interest (charging interest on your interest) on your debt and any fees if applicable. |
What is Annual Equivalent Rate (AER)AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded twice each year. As every advert for a savings product will contain an AER - Annual Equivalent Rate - you can compare more easily what return you can expect from your savings over time.
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Monthly account fee
A monthly fee of £9 will apply.
Avoiding overdraft interest charges
If your account goes over its limit you have until 2.30pm (UK time) to pay in money to ensure the payment goes out, but you have until midnight to avoid any overdraft interest.
- If you pay in enough to clear your overdraft you will not pay any interest.
The money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Internet Banking or Telephone Banking or pay in cash over the counter in branch.
We will not charge you any other fees for an Arranged Overdraft but you will normally be charged interest on the amount borrowed.
Returned item
Where you do not have enough available money to make a payment and we do not agree to give you or extend an Unarranged Overdraft, you will not be able to make that payment.
We will write to tell you we have declined your request. We will not charge you a fee for this.
Using other services
For customers with sterling accounts only:Please note the information in this section applies to customers with sterling accounts only. Please contact us if you have a Euro account or US dollar account.
Service
Charges
Service
Stopped cheque
Charges
Free
Service
Special cheque presentation
Charges
£15
Returned cheque
Service
Charges
Service
If a cheque paid into your account is returned to us unpaid by another bank or branch.
Charges
Free
Statements
Service
Charges
Service
We will send you regular account statements free of charge.
Charges
Free
Service
If you order an extra statement at a Lloyds Bank Cashpoint.
Charges
Free
Service
Duplicate statements
Charges
Free
Service
Banker’s draft/cheque (sterling)
Charges
£10
Service
Holding envelopes and parcels
Charges
This service is no longer available. Existing users please contact the branch:
Jersey: 01534 845436 or 01534 845269
Guernsey: 01481 706317
Isle of Man: 01624 697113
Alderney: 01481 822340Travel facilities
Service
Charges
Service
When you buy foreign currency from us.
Charges
Free
Service
When we buy from you Sterling American Express or other currency travellers cheques which you bought from us.
Charges
Free
Service
When we buy other travellers cheques or foreign currency from you.
Charges
1.5% (minimum £3)
Service
If you have a Premier or Executive Gold Debit Card.
Charges
Free
Service
When you buy foreign currency using a Lloyds Bank Premier, Platinum, Gold or Classic Credit Card.
Charges
Free
Cashpoint® and debit card charges
For customers with sterling accounts only:Please note the information in this section applies to customers with sterling accounts only. Please contact us if you have a Euro account or US dollar account.
When you withdraw cash in the UK, Channel Islands or Isle of Man (whether at an ATM or over the counter):
Service
Charges
Service
Using your debit card or Cashpoint® card at a Lloyds Bank Cashpoint® machine or branch in the UK, Channel Islands or Isle of Man.
Charges
Free
Service
Using your debit card at a non-Lloyds Bank Cashpoint® machine or non Lloyds Bank branch in the UK, Channel Islands or Isle of Man.
Charges
Lloyds Bank does not make a charge but the owner of the machine may. If so, the machine will show you the amount and tell you that it will be taken from your account when you withdraw the cash.
When you use your debit card to purchase foreign currency in the UK, Channel Islands or Isle of Man:
Service
Charges
Service
From Lloyds Bank branches.
Charges
Foreign currency: free. We do not offer traveller cheques.
Service
From any other banks, travel agents, bureau de change and outlets displaying the Visa sign.
Charges
Lloyds Bank does not make a charge but the provider of foreign currency may make a charge.
When you withdraw cash in a currency other than sterling (whether at an ATM or over the counter):
Service
Charges
Service
Using your Lloyds debit card or Cashpoint® card
Charges
If you use your card to withdraw cash or make a payment in a currency other than sterling, the amount is converted to sterling on the day it is processed by Visa using the Visa Payment Scheme exchange rate on the day.
We will charge you a non-sterling transaction fee of 2.99% of the value of the transaction. This is a fee for currency conversion. We will also charge you a non-sterling cash fee of £1.50, except for withdrawals of Euro inside the EEA where you will not be charged a non-sterling cash fee.
Where you elect to allow the cash machine operator/financial service provider to make the conversion to sterling we will only charge a foreign cash fee of £1.50, except for withdrawals of Euro inside the EEA where you will not be charged a foreign cash fee. The provider of the foreign currency may make a separate charge for conversion.
When you use your debit card to make a purchase or other transaction (not cash withdrawal, foreign currency or travellers cheque purchase) in a currency other than sterling whether you are in the UK, Channel Islands, Isle of Man or abroad:
Service
Charges
Service
Using your Lloyds Bank debit card.
Charges
If you use your card to make a payment in a currency other than sterling, the amount is converted to sterling on the day it is processed by Visa using the Visa Payment Scheme exchange rate on the day. We will charge you a non-sterling transaction fee of 2.99% of the value of the transaction. This is a fee for currency conversion.
The European Economic Area (EEA) means the countries in the European Union plus Iceland, Norway and Liechtenstein.
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There is £1 minimum opening deposit for the Island Gold Account.
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There is a monthly fee of £9 for the Island Gold Account. For this fee you get a range of rewarding benefits such as multi trip worldwide family travel cover including, if eligible, your spouse, civil partner or partner and children.
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That's completely down to you. There's no limit on how much you can hold in your account.
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The Island Gold Account is only available in Sterling.
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You can move your existing account easily from another bank or building society.
Once your account is open, we will transfer everything safely and securely in 7 working days, with the Current Account Switch Service.
The Current Account Switch Guarantee (PDF, 32KB)
Read the Current Account Switch Service Guide (PDF, 73KB)
Click here for answers to some frequently asked questions about the service
![Switch guarantee logo.]()
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You can access your money whenever you need to, either in branch, over the phone using PhoneBank or Internet Banking. If you're withdrawing cash from an ATM, there is a daily limit of £800.
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Yes, you can use Mobile Banking with your Island Gold Account.
With Mobile Banking you can check your balances, pay bills, deposit cheques, transfer money and make international payments all from your smartphone.
To start using Mobile Banking, set up internet banking for your account and download our Mobile Banking app.
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An interest free overdraft of £100 is available on this account. You need to apply for this in advance and we need to approve it.
If your account goes over its limit, you’ll have until 2.30pm (UK Time) to pay money into your account to ensure the payment goes out, but you have until midnight to avoid overdraft interest. The money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Internet Banking or Telephone Banking or pay in cash over the counter in branch.
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If you have an Island Gold Account you can apply for a personal loan. Lending is subject to status. Terms and conditions apply.
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We only offer travel insurance products from a single company, underwritten by AWP P&C SA and administered by Allianz Assistance which is a trading name of AWP Assistance UK Ltd. We do not provide advice on travel insurance and we will not make comparisons with other similar products including those which you may currently hold. You will need to make your own choice about how to proceed.
The account comes with:
- discounted European breakdown cover provided by the AA.
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If you need extra information, please call 03457 449900. Our automated services are available 24/7. If you need to speak to an adviser not all Telephone Banking services are available 24 hours a days, seven days a week.
Contact us for contact numbers and opening times which may vary depending on the service that you require.
To ensure security for our customers and staff and to help maintain service quality, some calls may be recorded and monitored. Call costs may vary depending on your service provider.
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A debit card is a payment card that allows you to make transactions online and in shops for any number of goods and services, and takes payment directly from your bank account. Millions of people use debit cards, and you get one with most Lloyds Bank International current accounts.
With a debit card, you can:
- book or buy online, in shops, or over the phone
- take out money from any Cashpoint® in the Islands, or cash machines around the world
- use your card worldwide, whenever you see the Visa symbol
- call us 24 hours a day if you have a problem with your Lloyds Bank International debit card.
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Many debit cards are now contactless, which makes paying for everyday things even easier.
Contactless cards allow you to pay for goods up to £100 without needing to enter your PIN. Many shops, restaurants, and businesses have contactless reader devices which make transactions faster and smoother. Millions of people use contactless debit cards.
Most contactless payments will appear in the main section of your online statement within a few days. However, some transactions may show first in the ‘View pending transactions’ section.
Please note: Not all Contactless Card transactions appear immediately on your Online & Mobile Banking statements. If you can’t see a transaction please wait a few days for it to be added to your statement.
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Contactless is a way of making paying for things swifter and simpler. If you have a contactless card and are paying for something in a shop, restaurant, or business that has a contactless reader, all you need to do is hold your contactless card over the reader to pay. If the price is under the threshold which is currently £100, you don’t need to even enter your PIN.
The first time you use your contactless card for a transaction, you’ll need to enter your PIN. Once you've done that, all future transactions under threshold can be contactless. You need to hold your card very close to the reader (around 2 – 4 centimeters) for it to work. If the price of the transaction is over £100, you will need to key in your PIN as normal.
For added security, every now and again you might be asked to enter your PIN for transactions under the threshold. This is likely to happen if you make several contactless transactions in a row.
How to use contactless:
- Look for the contactless symbol when paying.
- Simply touch your contactless card against the reader.
- A beep or green light shows your payment is being processed.
- Your payment is approved.
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All contactless cards have the contactless symbol on them. The symbol is four curved lines radiating rightwards (a lot like a Wi-Fi symbol turned on its side). It looks like this:
![Contactless logo - illustration of a hand holding a bank card over the contactless logo. The logo has four curved lines which mimics a soundwave and is within an oval shape.]()
If you have this symbol on the front of your debit card, you can start using the contactless method as described above
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Yes, whether you have an Apple or Android device you’ll be able to register your Lloyds Bank International cards with Apple Pay or Google Pay respectively. Some device and card restrictions may apply.
Apple Pay and Google Pay are convenient ways to pay with your Lloyds Bank International debit or credit card. Using the latest contactless technology, it's a simple, secure way to make everyday payments with your mobile device.
Your card details won’t be stored on your device or sent to merchants, so your information stays private and secure.
Choose from the options below to find out more and get started.
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Overdraft interest rates
Interest rates on Arranged and Unarranged overdraft debit balances (paid monthly):
From 2 November 2007 to 1 October 2012% per month
% - Equivalent Annual Rate (EAR)
% per month
Interest rate
% - Equivalent Annual Rate (EAR)
1.23
15.77
From 1 August 2007 to 1 November 2007
% per month
% - Equivalent Annual Rate (EAR)
% per month
Interest rate
% - Equivalent Annual Rate (EAR)
1.23
15.8
% per month
Unauthorised borrowing rate
% - Equivalent Annual Rate (EAR)
2.20
29.8
Interest rates from 1 June to 31 July 2007
% per month
% - Equivalent Annual Rate (EAR)
% per month
Interest rate
% - Equivalent Annual Rate (EAR)
1.21
15.5
% per month
Unauthorised borrowing rate
% - Equivalent Annual Rate (EAR)
2.20
29.8
Credit interest rates
Interest rates from 1 April 2009 to 1 December 2010
Interest on credit balance (paid monthly)
% Per Annum Gross Rate
% Per Annum AER
Interest on credit balance (paid monthly)
£1+
% Per Annum Gross Rate
0.01
% Per Annum AER
0.05
Interest on credit balance (paid monthly)
£50,000+
% Per Annum Gross Rate
0.10
% Per Annum AER
0.10
Interest on credit balance (paid monthly)
£100,000+
% Per Annum Gross Rate
0.15
% Per Annum AER
0.15
What is gross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law.
What is AERAER 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 – Annual Equivalent Rate – you can compare more easily what return you can expect from your savings over time.
Switch to Lloyds Bank International
Switch your current account to us in just 7 working days, using our stress free process.
Whether you want to move to Lloyds Bank or you already bank with us and want to open a new Lloyds current account, switching is easy. Our team will do everything to ensure your switch runs smoothly, including transferring all your Direct Debits and standing orders to your new account for you.
You'll be able to switch your account to us at the end of your online application.
Here's how the process works:
- Working day 1
The switching begins.
We make contact with your old bank to arrange the switch.
- Working day 2
We’ll let you know your old bank has received your request. We then start transferring your payments to your new Lloyds Bank account.
- Working day 3-5
It’ll take a couple of days to switch over your payment arrangements, and make sure your Lloyds Bank account is ready to go for the switch date.
- Working day 6
If you’re clearing a debit balance at your old account, you’ll need to make sure there are enough funds in your Lloyds Bank account to cover the transfer.
- Working day 7
Congratulations, your switch is complete. Your balance is transferred and your old account is closed.
- After you switch
We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
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We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.
The service is free to use and you can choose and agree your switch date with us.
We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
If you have money in your old account, we will transfer it to your new account on your switch date.
We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
If there are any issues in making the switch, we will contact you before your switch date.
If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.
![Current Account Switch Guarantee logo - Current Account Switch Guarantee logo in text with an upwards black arrow.]()
![Crystal Mark logo - diamond illustration and the text says 'Crystal Mark 20785, Clarity approved by Plain English Campaign'.]()
Read the account switching guide (PDF, 80KB)
