Lloyds Bank

Lloyds Bank is one of the oldest banks in the UK, having been founded in Birmingham in 1765. It’s also the largest retail bank in the UK, with almost 2,000 branches across the country. 


It’s the main brand of Lloyds Banking Group, which is headquartered in London and listed on the London Stock Exchange. It’s a member of the FTSE 100.


Lloyds offers the full range of banking products, from current and savings accounts to personal loans, mortgages and credit cards. It also offers a range of insurance products. 

As well as the Lloyds brand, the group also owns Halifax, Bank of Scotland, MBNA, Scottish Widows and Birmingham Midshires.

Lloyds Bank
Visit provider's website

We don't get paid for any links on our site.

Bank accounts

Ranked 15th of 28 providers reviewed.

Customer happiness 61.67%
Customer trust 56.94%
Complaints performance 68.39%
Transparency rating 78.41%
Fairer Finance score
Reviewed Autumn 2022
66%
Gold ribbon: first place

Breakdown Cover

Ranked 12th of 25 providers reviewed.

Customer happiness 56.15%
Customer trust 61.45%
Complaints performance 62.98%
Transparency rating 65.31%
Fairer Finance score
Reviewed Autumn 2022
63%
Gold ribbon: first place

Car insurance

Ranked 13th of 52 providers reviewed.

Customer happiness 68.61%
Customer trust 58.94%
Complaints performance 79.63%
Transparency rating 73.87%
Fairer Finance score
Reviewed Autumn 2022
70%
Gold ribbon: first place

Credit cards

Ranked 10th of 31 providers reviewed.

Customer happiness 60.5%
Customer trust 56.39%
Complaints performance 68.39%
Transparency rating 69.87%
Fairer Finance score
Reviewed Autumn 2022
64%
Gold ribbon: first place

Home Emergency Cover

Ranked 5th of 24 providers reviewed.

Customer happiness 54.64%
Customer trust 59.84%
Complaints performance 76.89%
Transparency rating 72.33%
Fairer Finance score
Reviewed Autumn 2022
66%
Gold ribbon: first place

Home insurance (building and contents)

Ranked 18th of 48 providers reviewed.

Customer happiness 60.2%
Customer trust 60.34%
Complaints performance 69.57%
Transparency rating 76.42%
Fairer Finance score
Reviewed Autumn 2022
67%

Investing and pensions

Our ratings for Investing and pensions are hosted exclusively on The Times Money Mentor site.

Go there now to find out how we rated this product.

Life insurance

Ranked 11th of 26 providers reviewed.

Claims score 90.90%
Complaints performance 86.84%
Transparency rating 53%
Fairer Finance score
Reviewed Autumn 2022
77%
Gold ribbon: first place

Mortgages

Ranked 8th of 23 providers reviewed.

Customer happiness 58.06%
Customer trust 57.29%
Complaints performance 83.51%
Transparency rating 65.24%
Fairer Finance score
Reviewed Autumn 2022
66%

Personal loans

Ranked 11th of 26 providers reviewed.

Customer happiness 56.44%
Customer trust 52.38%
Complaints performance 68.39%
Transparency rating 80.63%
Fairer Finance score
Reviewed Autumn 2022
64%

Savings Accounts

Ranked 32nd of 50 providers reviewed.

Customer happiness 48.43%
Customer trust 57.18%
Complaints performance 68.39%
Transparency rating 71.92%
Fairer Finance score
Reviewed Autumn 2022
61%

Bank accounts

Basic bank accounts

Lloyds Bank

Basic Account

5 stars
Cash withdrawal fee in UK (own bank) i £0.00
Annual fee i £0.00
Part of FSCS i
Faster Payment limit i £250,000.00
Maximum cash machine withdrawal per day i £500.00

Current accounts

Lloyds Bank

Club Lloyds

5 stars
Annual fee i £36 (£0 if you pay in £1,500 each month)
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Lloyds Bank

Classic Account

4 stars
Annual fee i £0.00
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Foreign use bank accounts

Lloyds Bank

Platinum Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Club Lloyds Silver Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Club Lloyds Silver Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Silver Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Silver Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Club Lloyds Platinum Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Platinum Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Club Lloyds Platinum Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Classic Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Classic Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Club Lloyds

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Student Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Club Lloyds (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Graduate Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Student Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Basic Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Lloyds Bank

Graduate Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Overdrafts

Lloyds Bank

Club Lloyds Platinum Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 27.5%

Lloyds Bank

Club Lloyds

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 27.5%

Lloyds Bank

Platinum Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Lloyds Bank

Club Lloyds Silver Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Lloyds Bank

Club Lloyds Silver Account (Inside Europe)

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Lloyds Bank

Silver Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Lloyds Bank

Silver Account (Inside Europe)

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Lloyds Bank

Classic Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Premium bank accounts

Lloyds Bank

Club Lloyds Silver Account

5 stars
Add-ons, cashback and rewards i European and UK Travel Insurance, AA Breakdown Family Cover, Mobile Phone Insurance. Access to Save the Change (rounds up spending to nearest pound to save), lifestyle benefits (e.g. 6 cinema tickets free, magazine subscription, Gourmet Society subscription, 12 digital movie rentals), up to 15% cashback with certain retailers
Part of FSCS or international equivalent i

Lloyds Bank

Club Lloyds Silver Account (Inside Europe)

5 stars
Add-ons, cashback and rewards i European and UK Travel Insurance, AA Breakdown Family Cover, Mobile Phone Insurance. Access to Save the Change (rounds up spending to nearest pound to save), lifestyle benefits (e.g. 6 cinema tickets free, magazine subscription, Gourmet Society subscription, 12 digital movie rentals), up to 15% cashback with certain retailers
Part of FSCS or international equivalent i

Lloyds Bank

Silver Account

5 stars
Add-ons, cashback and rewards i European and UK Travel Insurance, AA Breakdown Family Cover, Mobile Phone Insurance.
Part of FSCS or international equivalent i

Lloyds Bank

Silver Account (Inside Europe)

5 stars
Add-ons, cashback and rewards i European and UK Travel Insurance, AA Breakdown Family Cover, Mobile Phone Insurance.
Part of FSCS or international equivalent i

Lloyds Bank

Club Lloyds Platinum Account

5 stars
Add-ons, cashback and rewards i Allianz worldwide travel insurance (including winter sports) for holder & family, LSG Mobile phone insurance, AA family breakdown cover (UK), access to Save the Change (rounds up spending to nearest pound to save), lifestyle benefits (e.g. 6 cinema tickets free, magazine subscription, Gourmet Society subscription, 12 digital movie rentals), up to 15% cashback with certain retailers
Part of FSCS or international equivalent i

Lloyds Bank

Platinum Account

4 stars
Add-ons, cashback and rewards i Allianz Worldwide travel insurance (including winter sports) for holder & family, LSG Mobile phone insurance, AA family breakdown cover (UK), access to Save the Change (rounds up spending to nearest pound to save), up to 15% cashback with certain retailers
Part of FSCS or international equivalent i

Student bank accounts

Lloyds Bank

Student Account

4 stars
Arranged overdraft limit i £2,000.00
Tiered repayment of overdraft i
Switching / sign up incentive i

Lloyds Bank

Graduate Account

4 stars
Arranged overdraft limit i £2,000.00
Tiered repayment of overdraft i
Switching / sign up incentive i

Business Credit Cards

Everyday Business Credit Cards

Lloyds Bank

Business Credit Card Mastercard

1 stars
Representative APR i 22.4%
Annual fee in first year i £32.00
Using card in Europe charge i 2.95%
Using card worldwide charge i 2.95%

Foreign Use Business Credit Cards

Lloyds Bank

Business Credit Card Mastercard

3 stars
Using card in Europe charge i 2.95%
Using card worldwide charge i 2.95%
Annual fee in first year i £32.00
Representative APR i 22.4%
Rewards i

Car insurance

Lloyds Bank

Car Insurance (with guaranteed replacement car, keycare and RAC breakdown)

4 stars
Cover limit for lost keys i £1,000.00
Courtesy car for duration of repair i
Uninsured driver promise i
Cover for replacing original audio/visual equipment i Unlimited
Windscreen repair excess i £0.00
Windscreen replacement excess i £75.00
Repairs guarantee (years) i 3 years
New car replacement i
Cover limit for stolen keys i £1,000.00
24hr helpline available i
Courtesy car provided if stolen / total loss i
Vandalism i

Lloyds Bank

Car Insurance

2 stars
Cover limit for lost keys i £0.00
Courtesy car for duration of repair i
Uninsured driver promise i
Cover for replacing original audio/visual equipment i Unlimited
Windscreen repair excess i £0.00
Windscreen replacement excess i £75.00
Repairs guarantee (years) i 3 years
New car replacement i
Cover limit for stolen keys i £500.00
24hr helpline available i
Courtesy car provided if stolen / total loss i
Vandalism i

Credit cards

0% balance transfer credit cards

Lloyds Bank

Low Fee 0% Balance Transfer

3 stars
Duration of 0% balance transfer offer period i 24 or 14 months
Balance transfer fee during promotional period i 1.99% or 3.49%
Representative APR i 21.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.667%
Risk based? i

Lloyds Bank

0% Purchase and Balance Transfer

3 stars
Duration of 0% balance transfer offer period i 15 or 12 months
Balance transfer fee during promotional period i 2.99% or 3.49%
Representative APR i 21.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.667%
Risk based? i

0% purchase credit cards

Lloyds Bank

0% Purchase and Balance Transfer

4 stars
Duration of purchases offer period i 21 or 12 months
Representative APR i 21.9%
Highest APR i 27.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.667%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Lloyds Bank

Low Fee 0% Balance Transfer

3 stars
Duration of purchases offer period i 6 months
Representative APR i 21.9%
Highest APR i 27.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.667%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Cashback and reward credit cards

Lloyds Bank

Cashback Credit Card

2 stars
Reward extras i
Representative APR i 19.9%
Risk based? i
Annual fee in first year i £0.00
Annual fee after first year i £0.00
Foreign purchase fee i 2.95%

Foreign use credit cards

Lloyds Bank

Low Fee 0% Balance Transfer

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 21.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.667%

Lloyds Bank

0% Purchase and Balance Transfer

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 21.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.667%

Lloyds Bank

Lloyds Credit Card

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 9.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 0.793%

Low rate credit cards

Lloyds Bank

Lloyds Credit Card

3 stars
Representative APR i 9.9%
Highest APR i 16.9%
Representative purchase rate i 0.793%
Risk based? i
Representative balance transfer rate i 0.793%
Representative money transfer rate i 0.793%

Money transfer credit cards

Lloyds Bank

Cashback Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 19.9%
Risk based? i
Representative cash transaction interest rate i 1.527%

Lloyds Bank

Low Fee 0% Balance Transfer

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 21.9%
Risk based? i
Representative cash transaction interest rate i 1.667%

Lloyds Bank

0% Purchase and Balance Transfer

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 21.9%
Risk based? i
Representative cash transaction interest rate i 1.667%

Lloyds Bank

Lloyds Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 9.9%
Risk based? i
Representative cash transaction interest rate i 0.793%

Home insurance (building and contents)

Lloyds Bank

Lloyds insurance Gold

4 stars
Matching sets (Contents) i
Theft from outbuildings cover limit i £5,000.00
Escape of water excess i £100.00
Garden plants i £1,000.00
Alternative accommodation cover limit for contents i £25,000.00
Alternative accommodation cover limit for buildings i £100,000.00
Cover for keys if lost i Sum insured
Money in the home i £500.00
Replace belongings new for old i
Buildings Cover limit i
Contents Cover limit i
24hr helpline i
Temporary freezer storage
Dual Contents i
Business Equipment
Personal possessions cover whilst living in a nursing home or residential care setting i
Medical Equipment Loan i
Theft from bogus officials i

Lloyds Bank

Lloyds Insurance Bronze

3 stars
Matching sets (Contents) i
Theft from outbuildings cover limit i £5,000.00
Escape of water excess i £500.00
Garden plants i £1,000.00
Alternative accommodation cover limit for contents i £25,000.00
Alternative accommodation cover limit for buildings i £100,000.00
Cover for keys if lost i Sum insured
Money in the home i £500.00
Replace belongings new for old i
Buildings Cover limit i
Contents Cover limit i
24hr helpline i
Temporary freezer storage
Dual Contents i
Business Equipment
Personal possessions cover whilst living in a nursing home or residential care setting i
Medical Equipment Loan i
Theft from bogus officials i

Lloyds Bank

Llloyds insurance Silver

3 stars
Matching sets (Contents) i
Theft from outbuildings cover limit i £5,000.00
Escape of water excess i £500.00
Garden plants i £1,000.00
Alternative accommodation cover limit for contents i £25,000.00
Alternative accommodation cover limit for buildings i £100,000.00
Cover for keys if lost i Sum insured
Money in the home i £500.00
Replace belongings new for old i
Buildings Cover limit i
Contents Cover limit i
24hr helpline i
Temporary freezer storage
Dual Contents i
Business Equipment
Personal possessions cover whilst living in a nursing home or residential care setting i
Medical Equipment Loan i
Theft from bogus officials i

Buildings insurance

Lloyds Bank

Lloyds Insurance Bronze

4 stars
Trace and Access i £5,000.00
Cover for keys if lost i Sum insured
Matching sets i 50% of the cost of replacing the undamaged parts
Rainfall (mm) i 25 mm per hour
Alternative accommodation cover limit i £100,000.00
Cover for keys if stolen i Sum insured
Compulsory excess i £100.00
Escape of water excess i £500.00
24hr helpline i
Property owner liability i £2,000,000.00

Lloyds Bank

Llloyds insurance Silver

4 stars
Trace and Access i £5,000.00
Cover for keys if lost i Sum insured
Matching sets i 50% of the cost of replacing the undamaged parts
Rainfall (mm) i 25 mm per hour
Alternative accommodation cover limit i £100,000.00
Cover for keys if stolen i Sum insured
Compulsory excess i £100.00
Escape of water excess i £500.00
24hr helpline i
Property owner liability i £2,000,000.00

Lloyds Bank

Lloyds insurance Gold

4 stars
Trace and Access i £5,000.00
Cover for keys if lost i Sum insured
Matching sets i 50% of the cost of replacing the undamaged parts
Rainfall (mm) i 25 mm per hour
Alternative accommodation cover limit i £100,000.00
Cover for keys if stolen i Sum insured
Compulsory excess i £100.00
Escape of water excess i £100.00
24hr helpline i
Property owner liability i £2,000,000.00

Contents insurance

Lloyds Bank

Lloyds Insurance Bronze

3 stars
Matching sets i
Cover for keys if lost i Sum insured
Theft from outbuildings cover limit i £5,000.00
Cycles included whilst in the home i Part of sum insured
Replace belongings new for old i
Cover for keys if stolen i Sum insured
Money in the home i £500.00
Alternative accommodation cover limit i £25,000.00
24hr helpline i

Lloyds Bank

Llloyds insurance Silver

3 stars
Matching sets i
Cover for keys if lost i Sum insured
Theft from outbuildings cover limit i £5,000.00
Cycles included whilst in the home i Part of sum insured
Replace belongings new for old i
Cover for keys if stolen i Sum insured
Money in the home i £500.00
Alternative accommodation cover limit i £25,000.00
24hr helpline i

Lloyds Bank

Lloyds insurance Gold

3 stars
Matching sets i
Cover for keys if lost i Sum insured
Theft from outbuildings cover limit i £5,000.00
Cycles included whilst in the home i Part of sum insured
Replace belongings new for old i
Cover for keys if stolen i Sum insured
Money in the home i £500.00
Alternative accommodation cover limit i £25,000.00
24hr helpline i

Investing and pensions

Fund and Share Accounts (for high frequency trading)

Lloyds Bank

Share Dealing Account

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (max £10)
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £11.00
Same Day Payment Charge £20.00
Cost of receiving paper statements for a year £0.00
App available i
Charge for telephone/postal share dealing £35.00

Fund and Share Accounts (for low frequency trading)

Lloyds Bank

Share Dealing Account

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (max £10)
Charge for telephone/postal share dealing £35.00
App available i
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £11.00
Same Day Payment Charge £20.00
Cost of receiving paper statements for a year £0.00