Our Classic Account will give you all you need to make everyday banking easier. And if you add Vantage you'll get one of the best current account credit interest rates available on the high street. |
With the Classic Account you’ll enjoy:
Switching is easy. Our dedicated Welcome Team will get in touch with all your providers for you. Find out more about how we can help you switch.
Classic Account important information.
* Source: GfK FRS 6 months ending September 2008.
** Applies to personal current accounts paying interest, on cheques up to £1,000 a day paid over the counter at Lloyds TSB branches, 9am-4.30pm on weekdays.
Our Classic Account with Vantage offers the same great benefits as the Classic Account but also pays up to 4.00% AER (3.93% Gross). Rates are tiered and variable, 0.10% AER/Gross interest is paid on balances up to £1,000 and you can earn up to 4.00% AER on your whole balance if you keep between £5,000 and £7,000 in your account. For other account balances the rate varies depending on how much is in your account.
| Balance | Interest Paid Monthly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
| £1,000+ | 2.00 | 1.98 | 1.59 |
| £3,000+ | 3.00 | 2.96 | 2.37 |
| £5,000 up to £7,000 | 4.00 | 3.93 | 3.14 |
With tiered interest, Vantage gives you higher rates for having more money in your current account.
The opportunity to earn high interest without having to manage multiple accounts and move money around during the month.
Earn interest on your current account for no additional cost. To earn vantage interest rates, all you have to do is pay in at least £1,000 a month into your account and stay in credit.
You’ll earn the standard interest rate for your account when you don’t meet the Vantage conditions and on any money in your account from £7,000 onwards.
Get all the benefits of the Classic Account along with higher credit interest on balances up to £2,500. Find out about our Plus interest rates.
To get this you need to pay in £1,000 a month, e.g. your salary.
Add Plus if you use an overdraft and don’t keep much money in your current account.
Online
If you’re new to Lloyds TSB fill in our simple online application form.
Apply for a Classic Account with Vantage 
Apply for a Classic Plus Account
It takes about 10 minutes and you’ll need to have a few bits of information to hand.
In branch
Visit your local branch. You’ll need to take some proof of identity with you. Find out what to take.
By phone
Call 0800 015 4000. Open Mon - Fri 8am - 8pm, Sat & Sun 9am - 5pm.
If you already have an account with Lloyds TSB and you’re registered for Internet Banking adding Vantage is easy and hassle free - just log on to Internet Banking and click on the upgrade link next to your account name.
Classic Account important information
As a Classic Account customer you can take advantage of the many Lloyds TSB services that we have on offer.
We’ve designed an add-on for the Classic Account that’s all about making it easier for you to manage your money. It’s called Control, for £10 a month it can help you stay on top of your finances and avoid Unplanned Overdraft borrowing.
There are many ways to bank with Lloyds TSB, which helps you manage your accounts anytime and anywhere.
Account opening is subject to our assessment of your circumstances. You must be 18 or over to apply.
Interest paid monthly. AER (Annual Equivalent Rate) – the rate if interest was paid and compounded once a year. Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
Calls may be monitored and recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.
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