Full product details for the Lloyds TSB Student Account current account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.
from 404 ratings
404 customers rated their Lloyds TSB current account as 3.8 out of 5 in our 2010/2011 Consumer Finance Awards.
If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
Account Type
student
Monthly Charge
£0
There is no monthly charge.
Minimum Monthly Credit
£0
No minimum monthly credit required.
Interest Free Overdraft Limit
varies
The interest free overdraft available with this account is:Year 1 -£1500 Year 2 -£1500 Year 3 -£1500 Year 4 -£2000
Standard Overdraft Rate
0%
Authorised overdraft rate is 0% (8.2% EAR for overdraft amounts in excess of the interest free limits). Interest is only charged on the amount above the interest free limit.
Daily Overdraft Charge
£0
There is no daily authorised overdraft charge.
Headline Interest Rate
0%
The headline interest rate is 0% AER.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£1
The minimum investment is £1.
Internet Banking
yes
Free internet banking is available.
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
Telephone banking service is available.
Account Promotions
yes
Free YHA membership for a year 40 free eMusic downloads Specialist advice service. Lloyds TSB student credit card available, subject to status. Round up savings facility is available with this account- Save the Change. Instant Interest on Cheques - Customers will receive immediate interest value on cheques paid in up to a maximum of £1000 per day. Commission free foreign currency and travellers cheques.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£0
No minimum monthly credit required.
Minimum Age
17 years
Minimum age for this account is 17 years.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
No minimum income is required for this account.
Minimum Investment
£1
The minimum investment is £1.
Maximum Investment
Unlimited
The maximum investment is £ul.
Student Bank Account
yes
This is a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions.
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