Vantage gives you the benefit of higher interest rates on your current account if you comply with the Vantage conditions. You can have a maximum of 3 accounts with Vantage.
The Vantage conditions are that each month you must:
For each month that you meet the Vantage conditions we will work out interest on a daily basis at the relevant Vantage interest rate from the second working day of that month and add it to your account at the end of the first working day of the next month.
If you do not meet both the Vantage conditions we will pay interest on the amount in your account at the standard rate for your product that month. The standard rate for your product will also apply to any amount over the Vantage upper limit.
The Vantage interest rates are variable (the current rates can be found at Lloyds TSB - Current account rates) and vary depending on the amount in your account. They will apply from the day we upgrade your account with Vantage. (If you upgrade from a Plus account, these conditions will replace the Plus conditions).
If you are presently a Gold Service, Platinum or Premier account customer on a fee waiver facility, that facility will not apply and we will charge you the normal account fees if you choose to upgrade to ‘Vantage’ as we pay you interest on the balance instead. You should check that upgrading to ‘Vantage’ will save you money before deciding. View charges for our current accounts.
