Overview

• Applications open on August 1 via the Lloyds app or online, kicking off the deposit window for the cash bonus.
• Students who deposit at least £500 by October 31 will receive a £100 payment credited to their new account.
• Between November and April, account holders must complete 20 transactions each month to claim £15 in Deliveroo vouchers, totalling £90.
• New customers gain access to an arranged overdraft of up to £1,500 with no interest charges, subject to approval.
• Applicants must be 17 or older, enrolled on a qualifying full-time course, resident in the UK for three years and must not have held a student or graduate account with Lloyds, Bank of Scotland or Halifax since August 2020.