Lloyds to scrap £50 interest-free overdraft buffer on packaged accounts
Lloyds is removing the £50 interest-free overdraft buffer on Silver, Gold and Platinum accounts from June 8, 2026, and discontinuing its Select account.
Lloyds is removing the £50 interest-free overdraft buffer on Silver, Gold and Platinum accounts from June 8, 2026, and discontinuing its Select account.
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Lloyds Bank is closing its Select current account, removing the £50 interest-free overdraft buffer from July 31. Customers moved to Classic account will face daily interest from the first pound borrowed.