Lloyds switch offer 6 January to 3 February 2026

PRAISETHESUN

etienneg said:

clivep said:

Downgraded my Club Lloyds a/c but opening a new one not shown as an option.

Then downgraded our joint Club Lloyds and the option to open a sole Club Lloyds appeared.

Opened and switch initiated for completion on 23rd.

All done on desktop (I don't use their app).

I wonder if this has something to do with the problem I'm seeing? My wife and I have a joint Club Lloyds account but no sole Club accounts (at present - in the past we have had them). We have sole accounts elsewhere that we want to switch to Lloyds for the switching bonus. Knowing that you can have a joint and a sole Club account at the same time, I have just tried opening a sole account for the switch, but the Club account is not listed as available. (I assume the same would be true for my wife.)

Do I need to downgrade the joint account to Classic before opening a sole Club account (for each of us individually)? If that is the case, could I then upgrade the joint account back to a joint Club account? In other words, to hold a joint and a sole Club account together, must the sole account be the one held first? Do downgrading and upgrading happen instantaneously, or is there a delay involved?

Any experience or knowledge in this area would be much appreciated.

My understanding from other posters is that although you are allowed by the T&Cs to hold 2x CL accounts - one sole and one joint - in practice Lloyds online banking won't let you open more than one, hence the suggestion to downgrade both to Classic and then open a new CL account. After you get paid the switch incentive, you can downgrade the new account to a Classic account and re-upgrade your existing account back to CL.

The downgrade happens pretty much instantly in my experience, although sometimes you need to log out and then back in to see the changes take effect.

Zanderman

PRAISETHESUN said:

etienneg said:

clivep said:

Downgraded my Club Lloyds a/c but opening a new one not shown as an option.

Then downgraded our joint Club Lloyds and the option to open a sole Club Lloyds appeared.

Opened and switch initiated for completion on 23rd.

All done on desktop (I don't use their app).

I wonder if this has something to do with the problem I'm seeing? My wife and I have a joint Club Lloyds account but no sole Club accounts (at present - in the past we have had them). We have sole accounts elsewhere that we want to switch to Lloyds for the switching bonus. Knowing that you can have a joint and a sole Club account at the same time, I have just tried opening a sole account for the switch, but the Club account is not listed as available. (I assume the same would be true for my wife.)

Do I need to downgrade the joint account to Classic before opening a sole Club account (for each of us individually)? If that is the case, could I then upgrade the joint account back to a joint Club account? In other words, to hold a joint and a sole Club account together, must the sole account be the one held first? Do downgrading and upgrading happen instantaneously, or is there a delay involved?

Any experience or knowledge in this area would be much appreciated.

My understanding from other posters is that although you are allowed by the T&Cs to hold 2x CL accounts - one sole and one joint - in practice Lloyds online banking won't let you open more than one, hence the suggestion to downgrade both to Classic and then open a new CL account. After you get paid the switch incentive, you can downgrade the new account to a Classic account and re-upgrade your existing account back to CL.

The downgrade happens pretty much instantly in my experience, although sometimes you need to log out and then back in to see the changes take effect.

This is not, in practice, the case if both of you have existing personal Club Lloyds accounts and are applying for new joint one. As I explained in my post a few days ago, Mrs Z-man and I did exactly that, by following the instructions on the app (both using the app, side by side on both our phones, at the same time). A second (but joint) Club Lloyds was offered with no problem that way round.

It would be interesting to find out whether people having the difficulty described of not opening a single when you already have a joint are finding this out when using the app or when using the website. 

julie777

clivep said:

Downgraded my Club Lloyds a/c but opening a new one not shown as an option.

Then downgraded our joint Club Lloyds and the option to open a sole Club Lloyds appeared.

Opened and switch initiated for completion on 23rd.

All done on desktop (I don't use their app).

Is everyone with an existing CL account having to downgrade it then?

Zanderman

julie777 said:

clivep said:

Downgraded my Club Lloyds a/c but opening a new one not shown as an option.

Then downgraded our joint Club Lloyds and the option to open a sole Club Lloyds appeared.

Opened and switch initiated for completion on 23rd.

All done on desktop (I don't use their app).

Is everyone with an existing CL account having to downgrade it then?

No. See my post above yours.

But circumstances may be different depending on exactly what you're doing and via what system app or web.

gwiddecommbe

Still awaiting a switch reward from Santander that is due to be paid early Feb. Am i right in thinking that i can choose a switch date with lloyds and so long as i complete the switching application by 3rd Feb i would still be eligible for the £250?

etienneg

Above, Zanderman says:
"It would be interesting to find out whether people having the difficulty described of not opening a single when you already have a joint are finding this out when using the app or when using the website."

My wife and I have just faced this difficulty, using the website login (as always). We had a joint Club account and were both trying to open a new sole Club account. This proved impossible. However, after downgrading the joint account to Classic, we were both able to open a new sole Club account and set up switches, which will complete on Friday 23rd Jan.

I then tried to upgrade the joint account to Club but without success. It seems that online (through the website, at any rate), it is not possible to get joint and sole Club accounts.

We can live with this arrangement (Classic joint and a sole Club each), although it's not what we originally envisaged. It is annoying, though, that their software doesn't allow what is allowed in their T&Cs.

PRAISETHESUN

gwiddecommbe said:

Still awaiting a switch reward from Santander that is due to be paid early Feb. Am i right in thinking that i can choose a switch date with lloyds and so long as i complete the switching application by 3rd Feb i would still be eligible for the £250?

You only need to start the switch by 03Feb, there's no requirement for it to finish before then. Just keep in mind that when selecting a switch date, the date you are selecting is the completion date, not the start date.

gwiddecommbe

Thanks, thats really helpful. What is the maximum time in the future you can set the completion date for out of interest?

friolento

Clare43 said:

masonic said:

friolento said:

Getting seriously disappointed with 30p DDs - it’s been an entire week since I applied and they have not taken the DD, nor sent any confirmation for it. Luckily, I have another option via my ancient ex-Egg account. They are very slow but 100% reliable, and will be taking my new DD by the end of the week. I had just hoped 30p DD would be faster but turns out they aren’t, at least not for me

Mine has been debited today. I set it up a week ago on the 7th in the evening. Donor account is Santander. I must have been feeling generous as I let them take 60p - I don't know if that made any difference.

Mine debited today and I set mine up on the 7th as well. I just did the 30p. 

Mine’s finally been taken as well today. So it still seems a reliable service, albeit not very swift to get off the ground.

friolento

gwiddecommbe said:

Thanks, thats really helpful. What is the maximum time in the future you can set the completion date for out of interest?

Right now, Feb 9 is the last date you can request. I suppose it’s always around 15 working days from request.