Lloyds switch for up to £500, 24 February to 30 April 2026

EarthBoy

Switch to a new Club Lloyds for £200, or Lloyds Premier for £500.

Open a Current Account Online | UK Bank Accounts | Lloyds https://share.google/6K20M5Iy0knuEbtVi

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

£200 Club Lloyds switch offer Terms & Conditions.

To qualify for the £200 switching offer (“the offer”) 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.

To qualify for the offer all the following conditions apply:

Use the ‘Current Account Switch Service’ to transfer all the active credits and debits from the bank account that you hold with another bank to a new Club Lloyds Account (a £5 monthly fee may apply), a new Club Lloyds Platinum Account (£22.50 monthly fee applies, plus £5 monthly Club Lloyds fee may apply), or a new Club Lloyds Silver Account (£11.50 monthly fee applies, plus £5 Club Lloyds fee may apply) (‘Qualifying Account’). The ‘Current Account Switch Service’ will close your old account with the other bank; and

Your switch must include the transfer of a minimum of 3 active direct debits from your old account being switched to Lloyds as part of the offer. Direct debits set up after your switch has been started and other types of automated payments, such as standing orders and recurring card payments, won’t count towards the offer; and

Open a qualifying account online, in branch or by phone between 24 Feb 2026 and 30 Apr 2026; and

Start your switch from your old bank account using the ‘Current Account Switch Service’ by 30 Apr 2026; and

Spend £100 on your debit card within 35 days of opening your account. Cash withdrawals and Financial Services Transactions are excluded. For a full list of excluded transactions see Key Exclusions below; and

If all of the above conditions are met, the offer will be paid directly into your account within 45 days of opening your account and will appear as a cash credit.

You can’t take part in the offer if:

You switch to any account other than a Club Lloyds Account, Club Lloyds Platinum Account or a Club Lloyds Silver Account.

You switch to any existing Lloyds bank account, or you change your existing Lloyds Bank Current Account to a Club Lloyds Account, Club Lloyds Silver Account or Club Lloyds Platinum Account.

You’ve received a switching offer since 01 Jan 23 for switching to any Lloyds, Bank of Scotland or Halifax bank account.

You are switching to a joint account and one of the parties to the joint account has already received a switching offer since 01 Jan 23.

The bank you are switching from does not participate in the ‘Current Account Switch Service’. To find out more visit www.currentaccountswitch.co.uk

Key exclusions

The offer is subject to change and can be withdrawn without notice at any time.

Only one offer is available per customer. Joint accounts will only be paid one payment.

The following are transactions that will not be counted towards debit card spend:

Cash withdrawals (including cash withdrawals made at ATMs, in branch, at any Post Office or third-party counter)

Bank transfers made with your debit card

Debt repayments

Direct debits

Transactions classified as gambling

Cryptocurrency

Financial Services Transactions (money transmission orders, purchases of foreign currency or travellers' cheques, purchases of financial services such as insurance or investments).

£500 Lloyds Premier switch offer Terms & Conditions

To qualify for the £500 switching offer (“the offer”) you must open a new Lloyds Premier account and using the ‘Current Account Switch Service’ switch from a bank account held with another bank.

To qualify for the offer all the following conditions apply:

• Use the ‘Current Account Switch Service’ to transfer all the active credits and debits from the bank account that you hold with another bank to a new Lloyds Premier Account (a £15 monthly fee may apply). The ‘Current Account Switch Service’ will close your old account with the other bank; and
• Your switch must include the transfer of a minimum of 3 active direct debits from your old account being switched to Lloyds as part of the offer. Direct debits set up after your switch has been started and other types of automated payments, such as standing orders and recurring card payments, won’t count towards the offer; and
• Open a new Lloyds Premier account online between 24 Feb 2026 and 30 Apr 2026; and
• Start your switch from your old bank account using the ‘Current Account Switch Service’ by 30 Apr 2026; and
• Spend £200 on your Lloyds Premier debit card within 35 days of opening your account. Cash withdrawals and Financial Transactions are excluded. For a full list of excluded transactions see Key Exclusions below.
• You will need to meet the eligibility criteria for Lloyds Premier by paying in £5,000 in your first full calendar month or have £100,000 of qualifying savings or investments with us throughout your first full calendar month. Any funds deposited before the start of your first calendar month will not be included.
• If all of the above conditions are met, the offer will be paid directly into your new account 45 to 90 days after opening your account, and will appear as a cash credit.

You can’t take part in the offer if:

• You switch to any account other than a Lloyds Premier account.
• You switch to any existing Lloyds Premier account, or you change your existing Lloyds Current Account to a Lloyds Premier Account.
• You’ve received payment from a switching offer since 01 Jan 2023 for switching to any Lloyds, Bank of Scotland or Halifax bank account.
• You open a Lloyds Premier account and try to switch a joint account held with another bank.
• The bank you are switching from does not participate in the ‘Current Account Switch Service’. To find out more visit www.currentaccountswitch.co.uk

Key Exclusions

1. The offer is subject to change and can be withdrawn without notice at any time.
2. Only one offer is available per customer.
3. The following are transactions that will not be counted towards debit card spend:

• Cash withdrawals (including cash withdrawals made at ATMs, in branch, at any Post Office or third-party counter)
• Bank transfers made with your debit card
• Debt repayments
• Direct debits 
• Transactions classified as gambling
• Cryptocurrency
• Financial Services Transactions (money transmission orders, purchases of foreign currency or travellers' cheques, purchases of financial services such as insurance or investments).

TheDriver0987

If I understand it correctly, I don't really need to be a high earner as long as I can pay in £5000 a month?

I suppose I'd only need to do that until they pay me £500 and then I can change the account to Club LLoyds or whatever?

Or would they likely decline my application when I state my income is not that of a high earner?

Nasqueron

Missed it by 2 months, maybe the next one - if you note from the last one, it was excluded if you had an offer since 1/1/2023, this one is 1/3/23 so maybe next is 1/5/23 and I can qualify!

https://forums.moneysavingexpert.com/discussion/6649192/lloyds-switch-offer-6-january-to-3-february-2026/p1

TheDriver0987

I gave them a call during the January offer and a member of the switch team told me they can't see any offer being paid to me after the cut off date, so I would qualify. Unfortunately I was late with setting up 3 direct debits (each needs to be paid out at least once before the switch), so I might be able to get this one. Just wondering if I should try the Premier account. 😀

danny13579

This offer has now been added to the archive for future reference.

flaneurs_lobster

That's annoying, just able to qualify by a month for the last Lloyds switch offer - recon I could have probably made the Premier switch criteria (with a bit of luck) if I'd waited.

Clare43

https://forums.moneysavingexpert.com/discussion/comment/81897660#Comment_81897660

this offer also still says you can’t take part if you’ve received an offer since 01 Jan 2023

Nasqueron

https://forums.moneysavingexpert.com/discussion/comment/81897806#Comment_81897806

Hmm must have completely misread it

danny13579

Looks like 1st Jan 2023 is the new April 2020.

poshrule_uk

If I have a joint club Lloyds and a sole standard account is there any reason why I can't do this by opening a second sole account and having this as a club account as well?

Cryptix

https://forums.moneysavingexpert.com/discussion/comment/81897552#Comment_81897552

I could be wrong but it looks like transferring in £5k a month could work. They just say to deposit £5k a month. Any less than that and you have the fee to pay rather than it be refunded.

Edit: You could probably transfer it out again after 24 hours each month.