Lloyds Bank has reminded customers that they have until Wednesday, December 17, to request a full switch and qualify for a £200 bonus payment. The offer applies to new Club Lloyds, Club Lloyds Platinum, Club Lloyds Silver, or Premier accounts opened from September 16, 2025.
To receive the bonus, customers must use the Current Account Switch Service to move at least three active direct debits from an account held with another bank. The old account must be closed as part of the process. Direct debits set up after the switch starts, standing orders, and recurring card payments do not count.
The bank clarified that partial switches are not eligible, and customers switching from Halifax or Bank of Scotland accounts—both part of the Lloyds Banking Group—cannot claim the offer. Existing Lloyds customers opening a new account also do not qualify.
Once the switch is complete and all conditions met, the £200 will be credited to the new account within 10 working days. The offer is available for applications made in branch, online, or by phone.
