Overview
- The bank’s friend‑referral scheme pays £50 to both the referrer and a brand‑new customer who joins via the mobile app link within 30 days.
- Eligible current accounts exclude Under 19s, Smart Start and Student accounts, and applications are subject to approval.
- There is no limit to how many people you can refer, but total referral payouts are capped at £250 per calendar year.
- Lloyds told a customer that a delayed referral bonus “should still come” if the link was used correctly, with a check recommended after 30 working days via in‑app chat or support.
- Separately, a £250 Club Lloyds switching incentive required account opening and a switch request by February 3, with payments due up to 40 days after meeting criteria including three active direct debits and no switching bonus since January 1, 2023.