Lloyds Bank has clarified the rules for its Student Account bonus offer, which includes a £100 cash payment and £120 in Deliveroo vouchers. To qualify for the cash, students must pay in at least £500 by October 30, 2026.
Qualifying for the £100 cash payment
A student recently asked Lloyds on social media: "How long does the £500 need to stay in for to qualify for the cash offer?" Lloyds responded, saying: "The £500 needs to be paid into the account by 30 October 2026 to qualify for the offer. It can be paid in as one payment or multiple payments."
On the question of how long the funds must remain, Lloyds stated: "The terms don't state that the funds need to remain in the account for a specific length of time."
Earning the Deliveroo vouchers
After qualifying for the £100, students can earn up to £120 in Deliveroo vouchers. The offer provides £20 in vouchers each month from November to April, but requires 20 or more valid debit card transactions per month. For example, completing 20 transactions in November earns a £20 voucher in December. Vouchers are valid for 30 days.
Lloyds directed customers to the "full eligibility requirements and offer terms" on its website.
