New Lloyds Premier current account

trient

WillPS said:

AIUI 360 is a subset within Club Lloyds. You can't apply for it (as it stands), you're just given it if you meet the unpublished eligibility requirements.

Unpublished in the sense of not public, but otherwise they did list the criteria in their welcome emails:

Lloyds Bank 360 criteria:

•	Deposit at least £4,300 a month to your sole current account (this doesn’t include transfers from other Lloyds Bank accounts)

•	Have at least £75,000 in savings

•	Have met either of these criteria for the last 6 months

TwiceNightly

Could you move £4300 out to another bank and back in to qualify?

PRAISETHESUN

TwiceNightly said:

Could you move £4300 out to another bank and back in to qualify?

Lloyds is my hub account for all the back and forth standing orders I have automated each month to meet account funding criteria. Easily £10k back and forth over the course of the month just from that... will let you know if they offer it to me 

trient

PRAISETHESUN said:

TwiceNightly said:

Could you move £4300 out to another bank and back in to qualify?

Lloyds is my hub account for all the back and forth standing orders I have automated each month to meet account funding criteria. Easily £10k back and forth over the course of the month just from that... will let you know if they offer it to me 

That's how my partner and I got ours. No income paid into Lloyds accounts, just plenty of transfers in and out.

equitydealer

Sneak peak of the debit card 

Marchitiello

[Deleted User] said:

equitydealer said:

I assume they will maintain the same general eligibility requirement as for Lloyds 360, i.e. an income of £75000 or a minimum amount in savings/investments held with Lloyds. I really hope they offer a genuine incentive or rewards programme but looking at their Private and Mayfair offerings all they get in addition is a relationship manager, slightly higher easy access savings rate and no admin fee on shares ISAs. 

Private / Mayfair is the the minimum tier for something like a relationship manager; you aren't going to get a real relationship manager at Premier level. Premier is a mass affluent account with some more bells and whistles than standard Club Lloyds. Expect slightly better rates on existing products and a fancier debit card. 

I have Talked about this at the time, but Lloyds had an unofficial premier Service for selected affluent people on standard account. I was assigned a Personal Relationship Manager with a direct line back in 2016 with a standard Club Lloyds account. 

I am also a customer of HSBC Premier, RBS Premier, Barclays Premier, Santander Select and Cater Allen. Of all these, HSBC would be the best one, with free Travel Insurance and since they have upped the income requirement, also free Health benefit. Barclays give you access to Premier Avios and free Apple TV subscription, plus some invitation only events. RBS, paired with a rewards account, give you extra rewards, and some travel benefits. Santander do not offer much, unless you do travel in countries where they have a bigger presence and in addition to be able to use their ATM for free, you may also get access to their Select Lounges. So Lloyds does need to come up with some benefits to
make it attractive. In any case, as I understand, the current 360 customers (I was also given this in 2024), will be invited to “apply” for the premier account if they are deemed to meet the criteria 

faj15

I’ve seen that all of the 360 stuff seems to have disappeared from the app for me this morning, but nothing about the replacement. I had assumed they would both be coming today, but maybe not. 

WillPS

Marchitiello said:

[Deleted User] said:

equitydealer said:

I assume they will maintain the same general eligibility requirement as for Lloyds 360, i.e. an income of £75000 or a minimum amount in savings/investments held with Lloyds. I really hope they offer a genuine incentive or rewards programme but looking at their Private and Mayfair offerings all they get in addition is a relationship manager, slightly higher easy access savings rate and no admin fee on shares ISAs. 

Private / Mayfair is the the minimum tier for something like a relationship manager; you aren't going to get a real relationship manager at Premier level. Premier is a mass affluent account with some more bells and whistles than standard Club Lloyds. Expect slightly better rates on existing products and a fancier debit card. 

I have Talked about this at the time, but Lloyds had an unofficial premier Service for selected affluent people on standard account. I was assigned a Personal Relationship Manager with a direct line back in 2016 with a standard Club Lloyds account. 

I am also a customer of HSBC Premier, RBS Premier, Barclays Premier, Santander Select and Cater Allen. Of all these, HSBC would be the best one, with free Travel Insurance and since they have upped the income requirement, also free Health benefit. Barclays give you access to Premier Avios and free Apple TV subscription, plus some invitation only events. RBS, paired with a rewards account, give you extra rewards, and some travel benefits. Santander do not offer much, unless you do travel in countries where they have a bigger presence and in addition to be able to use their ATM for free, you may also get access to their Select Lounges. So Lloyds does need to come up with some benefits to
make it attractive. In any case, as I understand, the current 360 customers (I was also given this in 2024), will be invited to “apply” for the premier account if they are deemed to meet the criteria 

Any adult can apply for a Cater Allen account now btw, the only eligibility requirement is that you're over 18 now:

https://www.caterallen.co.uk/accounts/personal-banking/private-bank-account

(Not that there's much reason to, as you note!)

equitydealer

I noticed they have trimmed the mortgage discount offered to Club Lloyds customers to 0.15%, perhaps Premier customers will be in line for a higher %. Not earth shattering stuff.

Theleak250

I thought carter allan required a £5000 balance maintained on the account? Or is that no longer the case.

I could not find a banking app for them. Do they use Santander app?

P.S I do like the Lloyds card for this account.