Switching to Club Lloyds without 2k income

Has anyone successfully opened the Club Lloyds account whilst not earning £2,000 pm? A friend of mine is attracted to this account because for Disney Plus and £175 incentive as she currently pays for Disney +, so even with £3 pm fee it is still worth it. However she is concious of them not really being interested in accepting these accounts for those not earing enough?

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  • WillPS
    WillPS Posts: 3,056
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    edited 6 November 2023 at 5:46PM
    There is no £2k income requirement. There is a fee-waiver (an incentive, if you like) if you pay in £2000/month, which doesn't have to be income.
    My fiancee has a personal income of a little under a fifth of that and she was accepted no problem. She ensures she doesn't have to pay a fee by cycling some money from savings through the account (multiple times if neccessary).
    Bear in mind that the free Disney+ is now only the 'with ads' tier, with no option to upgrade. If you pay the £3 fee you're only saving £2/month vs paying Disney directly.
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