Lloyds £200 switch offer 2/10/24-10/12/24

Bridlington1

Good morning,

Lloyds have launched a £200 switching offer.

• Available to new and existing customers who open and switch into a new Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account. Existing Lloyds accounts that are converted to a Club Lloyds account, Club Lloyds Platinum account are not eligible for this offer.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer

Full Ts&Cs can be found below:
https://www.lloydsbank.com/current-accounts/switch.html

For future reference the 
https://web.archive.org/web/20241002053610/https://www.lloydsbank.com/current-accounts/switch.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

Middle_of_the_Road

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

Theleak250

It is very very tempting.

dertinbay

anybody any experience with them regarding strictness of getting a bonus a 2nd time round?

EarthBoy

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account.

I've switched into my existing Club Lloyds account twice for a switching bonus.  The last time was two years ago, so I'm not eligible for one this time round. 

Bridlington1

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

The switching offer is now live, as you suspected:

you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. 

https://www.lloydsbank.com/current-accounts/switch.html

The OP shall shortly be updated to reflect this along with a link to the full Ts&Cs and archived Ts&Cs for future reference.

trickydicky14

Bridlington1 said:

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

The switching offer is now live, as you suspected:

you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. 

https://www.lloydsbank.com/current-accounts/switch.html

The OP shall shortly be updated to reflect this along with a link to the full Ts&Cs and archived Ts&Cs for future reference.

So are we saying, I can't switch into an existing Club Lloyds account I hold? If this is the case, what was all this talk saying it was open to existing customers.

WillPS

trickydicky14 said:

Bridlington1 said:

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

The switching offer is now live, as you suspected:

you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. 

https://www.lloydsbank.com/current-accounts/switch.html

The OP shall shortly be updated to reflect this along with a link to the full Ts&Cs and archived Ts&Cs for future reference.

So are we saying, I can't switch into an existing Club Lloyds account I hold? If this is the case, what was all this talk saying it was open to existing customers.

You're not disqualified becuase you hold a Club Lloyds account, but you would have to open a new Club Lloyds account to qualify (which might mean you have to downgrade your existing Club Lloyds account in order to be eligible to open a new Club Lloyds account).

It's also possible to be an existing customer with no Club Lloyds account.

trickydicky14

WillPS said:

trickydicky14 said:

Bridlington1 said:

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

The switching offer is now live, as you suspected:

you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. 

https://www.lloydsbank.com/current-accounts/switch.html

The OP shall shortly be updated to reflect this along with a link to the full Ts&Cs and archived Ts&Cs for future reference.

So are we saying, I can't switch into an existing Club Lloyds account I hold? If this is the case, what was all this talk saying it was open to existing customers.

You're not disqualified becuase you hold a Club Lloyds account, but you would have to open a new Club Lloyds account to qualify (which might mean you have to downgrade your existing Club Lloyds account in order to be eligible to open a new Club Lloyds account).

It's also possible to be an existing customer with no Club Lloyds account.

The thing is, what would happen to my Club Lloyds regular saver if I down grade my account. It's a pain but could I close the RS, down grad, open new Club Lloyds account, re apply for RS.

WillPS

trickydicky14 said:

WillPS said:

trickydicky14 said:

Bridlington1 said:

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

The switching offer is now live, as you suspected:

you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. 

https://www.lloydsbank.com/current-accounts/switch.html

The OP shall shortly be updated to reflect this along with a link to the full Ts&Cs and archived Ts&Cs for future reference.

So are we saying, I can't switch into an existing Club Lloyds account I hold? If this is the case, what was all this talk saying it was open to existing customers.

You're not disqualified becuase you hold a Club Lloyds account, but you would have to open a new Club Lloyds account to qualify (which might mean you have to downgrade your existing Club Lloyds account in order to be eligible to open a new Club Lloyds account).

It's also possible to be an existing customer with no Club Lloyds account.

The thing is, what would happen to my Club Lloyds regular saver if I down grade my account. It's a pain but could I close the RS, down grad, open new Club Lloyds account, re apply for RS.

The answer is : nothing.

You can't apply for Club Lloyds linked products unless you have a Club Lloyds current account, but if you close or downgrade nothing happens to existing ones. Presumably you'll only be without a Club Lloyds account for a short period, so in reality there won't be an impact, aside from losing Club Lloyds rewards for a month or two.

Downgrade your existing Club Lloyds to Classic, then apply for a new Club Lloyds. You might need to wait overnight before the system will let you open a new Club Lloyds after downgrading your existing one.

Middle_of_the_Road

trickydicky14 said:

WillPS said:

trickydicky14 said:

Bridlington1 said:

Middle_of_the_Road said:

Bridlington1 said:

Good evening,

Lloyds are due to launch a £200 switching offer from tomorrow.

• Available to new and existing customers who switch into a Club Lloyds account, Club Lloyds Platinum account, or Club Lloyds Silver account.
• 3 direct debits must be switched with the old account
• Customers who have received a switching offer from Lloyds, Halifax or Bank of Scotland since April 2020 are not eligible for this offer
  

Full Ts&Cs should be released tomorrow.

https://www.thisismoney.co.uk/money/saving/article-13907559/Lloyds-Bank-launches-current-account-switching-deal-200-paid-THREE-DAYS.html

For direct debit ideas see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

That's great news. They usually don't pay for switching into an existing account. This makes it a pain as you're not allowed to open any club Lloyds account if you already hold one of any type. 

Thanks for posting, especially as I realise you won't be eligible. 

Edit:
Having followed the link, not sure you can switch into an existing Club Lloyds account.

Not sure what this statement below means-

"Existing Lloyds customers who have a different Lloyds current account to these three accounts can qualify for the bonus to receive the £200."

The switching offer is now live, as you suspected:

you must switch to a new Club Lloyds Account, Club Lloyds Platinum Account or Club Lloyds Silver Account using the ‘Current Account Switch Service’ to switch from a bank account held with another bank. 

https://www.lloydsbank.com/current-accounts/switch.html

The OP shall shortly be updated to reflect this along with a link to the full Ts&Cs and archived Ts&Cs for future reference.

So are we saying, I can't switch into an existing Club Lloyds account I hold? If this is the case, what was all this talk saying it was open to existing customers.

You're not disqualified becuase you hold a Club Lloyds account, but you would have to open a new Club Lloyds account to qualify (which might mean you have to downgrade your existing Club Lloyds account in order to be eligible to open a new Club Lloyds account).

It's also possible to be an existing customer with no Club Lloyds account.

The thing is, what would happen to my Club Lloyds regular saver if I down grade my account. It's a pain but could I close the RS, down grad, open new Club Lloyds account, re apply for RS.

This is exactly why I've not gone for their switches before. I am hesitant to downgrade whilst having a Club Lloyds regular saver running.
Whilst I think it would be technically possible to downgrade, and then open a new Club Lloyds account without closing the savings account, but I doubt they intended this to be a workaround enabling existing customers to get a switching bonus .