Features & Benefits
- An interest and fee-free tiered planned overdraft of up to £2,000 in your first year after graduation, £1,500 in the second year and £1,000 in the third year,
- a low cost graduate loan of up to £10,000,
- a Visa debit card and a Classic credit card with a limit of at least £500,
- access to our PhoneBank®** and Internet Banking services 24 hours a day, 7 days a week. Our Mobile Banking is free and can help you keep in control of your finances from your phone. We offer Mobile Banking for free but your mobile operator may charge for certain services, so please check with them,
- commission-free foreign currency and non-sterling travellers cheques,
- £10 overdraft buffer. No overdraft fees or interest to pay if you go overdrawn (either Planned or Unplanned) by £10 or less.
Grace Period if you go over your limit. You have until 3.30pm (UK Time) to pay in enough money to avoid any overdraft fees you may incur that day. The money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Mobile Banking, Internet Banking or Telephone Banking or pay in cash over the counter in branch.
Important information about your account
Full benefits
- You can apply for an interest and fee-free Planned Overdraft (subject to application and approval), of up to £2,000 in the first year after you graduate. In your second year, your interest and fee-free Planned Overdraft limit will be £1,500 and in your third year it will be £1,000.
- Graduate Loans. As you settle into your new life, you might find that you need to budget for a major expense, such as a car, or some extra furniture to make a new flat feel like home. Our Graduate loan could help.
- Visa debit card. You don’t always want to carry lots of cash when you’re out shopping or meeting up with friends. Instead, you can use your Lloyds TSB Visa debit card to pay directly from your account.
- Credit cards. If you want to spread the cost of things you need to buy now, you can apply for a Lloyds TSB credit card. And because our cards are accepted in shops, restaurant and hotels around the world, they’re also ideal if you decide to travel.
- PhoneBank®** and Internet Banking. Quick and easy ways to manage your accounts 24 hours a day, 7 days a week. It’s secure and let’s you do your banking whenever it suits you.
- Mobile Banking. Our free Mobile Banking service enables you to use your phone to help keep you in control of your finances. Mobile Banking includes a range of Text Message Services including Weekly Balance Alerts to help you keep in touch with your money wherever you are. We offer Mobile Banking for free but your mobile operator may charge for certain services, so please check with them.
- Save the Change™. Sign up and every time you make a purchase with your Lloyds TSB Visa debit card, we’ll round up the amount you've spent to the nearest pound and transfer the difference from your current account into your nominated savings account.
- Mobile top ups. To make life easier, you can use our top up service for “Pay as you go” mobile phones, available at over 4,200 Lloyds TSB Cashpoint machines.
- Commission-free foreign currency and non-sterling travellers cheques.
- Travel money options. Your Lloyds TSB Visa debit card gives you a safe and convenient way to pay for things when abroad.
Important information about your account
Useful tools
What's my monthly budget?
Use our budget calculator to help manage your money.
Be a savvy saver
Over 100 savvy saver tips that could help you cut your spending, as well as views from our experts on how to make the most of your money.
Advice and Guidance
Choose from one of our quick guides designed to help you deal with financial challenges and manage your money better.
Save the Change™
Sign up and every time you make a purchase with your Lloyds TSB Visa debit card, we'll round up the amount you spent to the nearest pound and transfer the difference from your current account into your nominated savings account.
Graduate Loans
Borrow any amount from £1,000 to £10,000*.
How to apply for a Graduate Account 
How to apply
To apply for the Graduate Account you must:
- be a permanent UK resident and have confirmation of graduation,
- have graduated within the last 3 years with a degree from a UK based university,
- transfer your current account from your existing bank if you're not already a Lloyds TSB customer,
- pay at least £500 into your account per month (if you are moving your account to us).
You'll need to provide:
- a 10 year passport or driving licence and proof of graduation,
- an existing bank statement or copy of a utility bill dated within the last 3 months,
- bank statements from the past 6 months and evidence of overdraft limit set,
- your current debit card and letter of employment confirming your income (if this isn't included on the statements).
If you don't have a copy of any of these documents, or have any questions, call us on 0845 300 0134 between 9am and 7pm Monday to Friday.
Apply at your local branch
Visit your local branch, and we'll open the account for you.
Important information about your account
