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

badenmorgan

I managed to get approved for the account and am switching/planning to pay in minimum in hope of the £500 bonus but when I opened the app I saw old Halifax messages from March 2023 with £175 switch bonus, so I technically disqualify by 3 months! Has anyone found that Lloyds pay the switch incentive despite not qualifying under the date terms or are they v.strict?

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/81963085#Comment_81963085

The latter, unfortunately.

badenmorgan

https://forums.moneysavingexpert.com/discussion/comment/81963090#Comment_81963090

Thanks. Darn it. I should have kept a record of all my switches…

atlantis187

Does spending £200 online for the Premier count towards the spend?

danny13579

https://forums.moneysavingexpert.com/discussion/comment/81963244#Comment_81963244

Yes if it's for something like purchasing stuff on Amazon or buying your groceries.

No if it's for something like betting on the horses or buying lottery tickets or renewing your home insurance.

brewerdave

Still bum information in this week's MSE email re Lloyds switching - says that joint accounts can be switched -but had it reconfirmed yesterday that prospective joint account holders have to both have eligible Lloyds sole accounts/products before they can apply to set up a joint account ready to switch over from an existing joint account elsewhere.

atlantis187

Will buying £200 Tesco gift cards through Blue light card count towards the spending?

Thanks

bagand96

https://forums.moneysavingexpert.com/discussion/comment/81964917#Comment_81964917

I think the general concensus is if you are buying gift cards online then they probably won't count as Lloyd's could class them as Financial Services.

If you buy them in store from a supermarket then all Lloyd's will see is a purchase at Tesco so it would count.

atlantis187

Only problem is maximum you can put on a Tesco gift card in store is £25 and we have £600 to spend across 3 accounts.

danny13579

https://forums.moneysavingexpert.com/discussion/comment/81965657#Comment_81965657

I think the best thing is to contact Lloyds by chat to check. I can't see any issue with using the card to purchase discounted gift cards as I don't see it as a "financial service", it's just a purchase.

But my opinion is meaningless and it's how Lloyds classify the purchasing of discounted gift cards that matters.