£125 Lloyds Bank Switch Offer + 0% Overdraft for 3 months! (17th May 2022 - 27th June 2022)

i_love_it

I can’t recall when I last had a switch incentive from lloyds, I just checked statements and can see that in September 2020 there is a £100 deposit just called Incentive into my club lloyds. 

Does this sound right to any serial switchers who keep better records than I ? 

PRAISETHESUN

i_love_it said:

I can’t recall when I last had a switch incentive from lloyds, I just checked statements and can see that in September 2020 there is a £100 deposit just called Incentive into my club lloyds. 

Does this sound right to any serial switchers who keep better records than I ? 

Yea, my payment from 2019 was also called "incentive".

PRAISETHESUN

Tight_Fist said:

As an existing Club Lloyds customer can I transfer an old bank of Scotland account or would this be seen as part of the Lloyds group? 

There's nothing in the terms about other LBG accounts, so you're good to go

adamp87

Just to confirm I think I read above & looking at the terms..

you can switch in an account from another bank into an already existing Club Lloyds account and qualify?

Edit - the person on chat said it had to be a new club Lloyds account. Doesn’t say that in the t&c’s?

PRAISETHESUN

adamp87 said:

Just to confirm I think I read above & looking at the terms..

you can switch in an account from another bank into an already existing Club Lloyds account and qualify?

Edit - the person on chat said it had to be a new club Lloyds account. Doesn’t say that in the t&c’s?

As usual, the call staff get it wrong. There's nothing in the terms to specify that a new account is required. Additionally, as noted on their website: https://www.lloydsbank.com/current-accounts/switch.html

I have a Lloyds Bank current account

Please note you will only qualify for the £125 switching incentive if you, switch into a Club Lloyds Account or Club Lloyds Platinum Account and close your account held elsewhere.

Switch to an existing account

You can switch to an existing Lloyds Bank current account and you will qualify for the £125 incentive.

1. Complete our simple online switching form
2. Let us do the rest and our switch will be completed in seven working days

alewin

Anyone know if there is a £3 fee for the first month of opening an account?
Like today would be more than half way into May.

adamp87

PRAISETHESUN said:

adamp87 said:

Just to confirm I think I read above & looking at the terms..

you can switch in an account from another bank into an already existing Club Lloyds account and qualify?

Edit - the person on chat said it had to be a new club Lloyds account. Doesn’t say that in the t&c’s?

As usual, the call staff get it wrong. There's nothing in the terms to specify that a new account is required. Additionally, as noted on their website: https://www.lloydsbank.com/current-accounts/switch.html

I have a Lloyds Bank current account

Please note you will only qualify for the £125 switching incentive if you, switch into a Club Lloyds Account or Club Lloyds Platinum Account and close your account held elsewhere.

Switch to an existing account

You can switch to an existing Lloyds Bank current account and you will qualify for the £125 incentive.

1. Complete our simple online switching form
2. Let us do the rest and our switch will be completed in seven working days

Yep I re read the website and give it a go

S_uk

I also have switched by logging into my Lloyds account then clicking switch to us at the top, and filling in the short form asking for the acc no/sort code and debit card details of the account to be switched. I can't see any reason why the switch bonus won't be paid if done this way rather than completing the other form, and if it doesn't then I'll be logging a complaint.

Make sure to save a copy of the T+Cs of the offer in case of any issues getting the switch incentive.

fenwick458

can't seem to get this to work. I already have a club Lloyds, had it since 2019 when I got the last bonus.
the only option I get is:

Here you can choose to:​

• Change one of your existing bank accounts; or
• Open a new one

If i click on the first option, change an existing account, the only "new" account I would want to pick is the platinum as thats the only other one where I'd be eligible for the bonus, theres a student or a classic, but thats not gonna get me the bonus. and if I click on open a new account, again the only (worthwhile) option I have is Platimum which costs money so I don't want to do that, can't open more than one CL?

am I using the right link? why isn't it possible to just switch another of my accounts into my existing CL and get the £125?

PRAISETHESUN

fenwick458 said:

can't seem to get this to work. I already have a club Lloyds, had it since 2019 when I got the last bonus.
the only option I get is:

Here you can choose to:​

• Change one of your existing bank accounts; or
• Open a new one

If i click on the first option, change an existing account, the only "new" account I would want to pick is the platinum as thats the only other one where I'd be eligible for the bonus, theres a student or a classic, but thats not gonna get me the bonus. and if I click on open a new account, again the only (worthwhile) option I have is Platimum which costs money so I don't want to do that, can't open more than one CL?

am I using the right link? why isn't it possible to just switch another of my accounts into my existing CL and get the £125?

On the switch page I linked above, scroll right to the bottom and there is a button to open the switching form for existing customers. Someone also reported being to do it in online banking somewhere as well once logged in