Overview
- Eligible switches completed between 6 January and 3 February 2026 into Club Lloyds, Club Lloyds Silver or Club Lloyds Platinum qualify for the £250 payment.
- Customers must start the move through the Lloyds app or online using the Current Account Switch Service to receive the bonus.
- Exclusions include switches from Halifax or Bank of Scotland, existing Lloyds accounts, changes from a non‑Club Lloyds account at Lloyds, and anyone who has received a switching bonus since 1 January 2023, including relevant joint-account holders.
- Club Lloyds carries a £5 monthly fee that is refunded each month a £2,000 deposit is made, while Silver and Platinum have higher monthly fees with packaged insurance benefits.
- Perks for Club Lloyds include a choice such as 12 months of Disney+ with ads or cinema tickets, access to a 6.25% gross/AER Monthly Saver for £25–£400 a month, and a separate £50 refer‑a‑friend reward.