About this product
Club Lloyds offers lifestyle benefits and account interest subject to eligibility. The £5 monthly fee is refunded when at least £2,000 is paid in during the month; in-credit interest requires two different Direct Debits to be paid each month.
Advantages
- Choice of annual lifestyle benefit
- Fee can be waived by meeting the monthly funding condition
Things to consider
- Monthly fee applies if funding conditions are missed
- Overdraft cost depends on eligibility
Regulation and protection
Authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Eligible deposits are protected by the FSCS up to £120,000 per eligible person, per authorised firm. Accounts sharing a banking licence share this limit.