Lloyds TSB Vantage Silver Current Account
Compare the Lloyds TSB Vantage Silver Current Account with the UK's best current accounts, including application criteria, incentives, facilities, overdraft, rates and fee & charges.
 |  Compare Lloyds TSB Vantage Silver Current Account details directly with other current accounts or compare current accounts using our current account comparison tables. | ||
| Company: | Lloyds TSB www.lloydstsb.com | ||
| Product: | Vantage Silver Current Account | ||
| Apply via this site: | Not available | ||
| Application Criteria | |||
 Minimum income: | No minimum income is required for this account. | ||
| Minimum Monthly Credit: | The minimum monthly credit for these rates is £1,000. Lower rates are applied if the monthly mandate is less than £1,000. | ||
| Minimum Investment: | There is no minimum investment required to open this account. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Age: | The minimum age is 18 years. | ||
| Maximum Age: | Unlimited | ||
| Existing Customer Only: | This account is not only available to existing customers. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Transfer Assistance: | Lloyds TSB offer a free account transfer service. They will handle the transfer of all Direct Debits, standing orders, transfer of salary and other credits to the customer's new account, and close their old account once the new account is up and running. | ||
| Incentives | |||
| Account Promotions: | European travel insurance for the customer and their partner. Mobile Phone Insurance (International Cover). Lloyds TSB Travel Service in partnership with AIRMILES: customers can collect Airmiles or get a 6.5% discount on holiday bookings. An Advantage Saver account will offer the customer a higher return on their savings. Card Holder Protection AA Roadside Assistance. Instant Interest on Cheques. | ||
| Incentive Cashback £: | This incentive is not available with this account. | ||
| Incentive Moneyback: | There are no moneyback incentives with this account. | ||
| Incentive Pref Rate/Deals: | An Advantage Saver account will offer the customer a higher return on their savings. | ||
| Incentive Disc/Vouchers: | This incentive is not offered with this account. | ||
| Incentive Breakdown: | AA Roadside Assistance. | ||
| Incentive Protection: | Sentinel Card Protection available. | ||
| Incentive Other Insurance: | This incentive is not offered with this account. | ||
| Incentive Savings Sweep: | There are no savings sweep incentives with this account. | ||
| Incentive Currency: | Commission free foreign currency and travellers' cheques. | ||
| Incentive Other: | Instant Interest on Cheques - Customers will receive immediate interest value on cheques paid in up to a maximum of £1,000 per day. Choice of Money Transfer Card - for sending money overseas - or Travel Money Card - for paying when abroad. | ||
| Facilities | |||
| Internet Banking: | Lloyds TSB offers a free Internet banking service available to Personal and Business customers holding accounts in the UK. Simply register and the following options are available for full internet banking: - account list - account details - statements - transfers & payments - standing orders - direct debits - overdrafts - savings accounts - travel money | ||
| Branch Banking: | This account can be operated through a branch. | ||
| Telephone Banking: | PhoneBank Express is Lloyds TSB's free to use and free to call automated telephone service, available 24 hours a day every day of the year, giving the customer quick access to their accounts. They can either speak their instructions or key them in with a touchtone phone. They can check their balance or recent transactions, order a statement, transfer money between Lloyds TSB accounts and pay bills, They can also access their Lloyds TSB credit cards. | ||
| Post Office Banking: | Customers can make the following transactions at a Post Office branch: withdraw funds and check their balance using their debit card and PIN, make a cash deposit using their card and pay in cheques with a personalised paying in slip and deposit envelope from their Bank. | ||
| Standing Orders: | Standing order facilities are available. | ||
| Direct Debits: | Direct Debit facilities are available. | ||
| BACS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| CHAPS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| Bill Payment Service: | A bill payment service is available. | ||
| Statement Frequency: | Statements are issued monthly. | ||
| Min Additional Deposit: | The minimum additional deposit is £1. | ||
| Minimum Withdrawal: | Unlimited | ||
| Withdrawal Restrictions: | There are no withdrawal restrictions. | ||
| ATM Card: | An ATM card is available. | ||
| ATM Mini Statements: | Mini statements are available through the ATM. | ||
| Max ATM Withdrawal: | The maximum ATM withdrawal is £200.00. | ||
| Cheque Book: | A cheque book is available. New cheque books can also be ordered by text message. | ||
| Cheque Guarantee Card: | A cheque guarantee card is not offered. | ||
| Cheque Clearance Time: | A cheque from a Lloyds TSB will clear for withdrawal on the same day as it is paid in. Cheques from non Lloyds TSB accounts will take three working days before beneficiary able to draw against deposit. | ||
| Debit Card: | A VISA debit card is available. | ||
| Debit Card Type: | A VISA debit card is available. | ||
| Passbook: | A passbook is not issued when this account is opened. | ||
| Text Messaging Events: | Text message alerts are available. A 'near limit' alert is available when the customer's balance is within £50 of its limit.High/low balance alerts are also available. | ||
| Text Mini Statements: | A weekly SMS message detailing the last six transactions and showing the balance can be obtained free of charge. Customers can now order new cheque books and paying in books by text message. | ||
| Travel Ins Winter Sport: | The travel insurance offered does not cover winter sports. | ||
| Overdraft | |||
| Overdraft Facility: | Overdraft facilities are available subject to status. | ||
| Interest Free O/D Limit: | No interest free overdraft is available other than the automatic buffer limit. | ||
| Automatic O/D Facility: | There is no approved overdraft facility automatically set up when this account is opened. | ||
| Overdraft Buffer Limit: | There is no overdraft buffer. | ||
| Overdraft Arrangement Fee: | No authorised overdraft arrangement fee is charged. | ||
| Auth O/D Rate-APR/EAR: | The annual rate charged for authorised overdrafts is 18.9% EAR. | ||
| Mthly Auth O/D Charge: | No monthly authorised overdraft charge is made. | ||
| Unauth O/D Rate-APR/EAR: | The annual rate charged for unauthorised overdrafts is 18.9% EAR. | ||
| Mthly Unauth O/D Charge: | There is a monthly unauthorised overdraft fee of £15. | ||
| Overdraft Letter Charge: | There is no charge for an overdraft letter. | ||
| Rates | |||
| Headline Interest Rate: | The headline interest rate is 5.00% AER. | ||
| Rate Guarantee: | There are no interest rate guarantees. | ||
| Introductory Bonus: | No introductory bonus payable. | ||
| Amount of Bonus: | The bonus amount is - 0% | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Non Standard Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 0.10% 0.10% 0.10% £1,000 1.98% 1.98% 2.00% £3,000 2.96% 2.96% 3.00% £5,000 4.89% 4.89% 5.00% £7,001 0.10% 0.10% 0.10% | ||
| Gross AER - £1/£50: | 0.10% | ||
| Gross AER - £500: | 0.10% | ||
| Gross AER - £1,000: | 2.00% | ||
| Gross AER - £2,500: | 2.00% | ||
| Gross AER - £5,000: | 5.00% | ||
| Gross AER - £10,000: | 0.10% | ||
| Gross AER - £25,000: | 0.10% | ||
| Gross AER - £50,000: | 0.10% | ||
| Gross AER - £100,000: | 0.10% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Interest on Withdrawal: | Interest ceases to be calculated on funds from the same day as they are withdrawn. | ||
| Int Added to Account: | Interest will be added to the account. | ||
| Interest Paid by Cheque: | Interest cannot be paid by cheque or warrant. | ||
| Int Paid to Bank A/c: | Interest cannot be paid to a bank account. | ||
| Int Paid to Other A/c: | Interest cannot be paid to another account. | ||
| Int After Cash Deposit: | Interest is calculated on a cash deposit from the same day it is paid into the account. | ||
| Int After Cheq Deposit: | Customers will receive immediate interest value on cheques paid in up to a maximum of £1000 per day.Therefore customers with accounts in credit will receive interest on the value of cheques from the same day as they are paid in (up to a maximum of £1,000 per day). Customers with overdrawn accounts will stop being charged debit interest on the value of cheques from the same day as they are paid in (up to a maximum of £1,000 per day). For any further cheque deposits interest will be calculated as follows: interest will be calculated on a cheque paid from a non Lloyds TSB into a Lloyds TSB account the third working day after the cheque has been deposited. Interest on cheques paid from a Lloyds TSB account into a Lloyds TSB account will be calculated from the same day as the cheque is deposited. | ||
| Int After BACS Deposit: | Interest is calculated on a BACS deposit as soon as it reaches the account. | ||
| Interest Variant: | No | ||
| Max Balance High Interest: | The maximum balance for high interest is £7000. The customer will loose the higher rate of interest if they fail to pay in £1,000 a month or go overdrawn. | ||
| Fee & Charges | |||
| Free Banking: | Free banking is available when the account is in credit. | ||
| Monthly Charge: | A monthly charge of £7.95 is payable. Apply or upgrade from a classic or cash account £2 per month for first 3 months. | ||
| Standing Order Charge: | No charge payable for standing orders. | ||
| S/O Setting Up Charge: | There is no charge for setting up a standing order mandate. | ||
| S/O Amendment Charge: | There is no charge for amending a standing order mandate. | ||
| S/O Cancellation Charge: | There is no charge for cancelling a standing order mandate. | ||
| Unpaid S/O Charge: | The unpaid standing order charge is £20.00 (max 3 per day). | ||
| Direct Debit Charge: | No charge payable for direct debits. | ||
| Debit card charge Europe: | A charge of £1 is made for each transaction abroad or in a currency other than Sterling. | ||
| D/D Setting Up Charge: | There is no charge for setting up a direct debit mandate. | ||
| D/D Amendment Charge: | There is no charge for amending a direct debit mandate. | ||
| D/D Cancellation Charge: | There is no charge for cancelling a direct debit mandate. | ||
| Unpaid D/D Charge: | The unpaid direct debit charge is £20.00 (max 3 per day). | ||
| CHAPS Charge: | A charge of £30 is made for CHAPS within UK. | ||
| Stopped Cheque Charge: | A stopped cheque charge of £10, free if the cheque was lost or stolen. | ||
| Unpaid Cheque Charge: | The unpaid cheque charge is £20.00 (max 3 per day). | ||
| Transaction Charge: | No charge is made for standard banking transactions on this account. | ||
| Unauth Transaction Fee: | If the customer goes overdrawn without agreeing an overdraft limit or goes over an agreed overdraft limit (an unplanned overdraft) the will be charged a fee, as follows: under £25 overdrawn - £6 per day, £25-£100 - £15 per day and over £100 - £20 per day. The fee is dependent on the amount the customer goes overdrawn that day and not the amount of transactions they make. The bank will charge a maximum of 10 daily fees within a monthly billing period. | ||
| ATM Withdrawal Charge: | No ATM charge is made on Lloyds TSB cashpoints. LINK machines - all LINK cash machines will give advance, on-screen warning abut any charge that may apply. This warning will tell who's making the charge and give the option to continue or cancel the transaction. Lloyds TSB does not levy a charge but the owner of the machine may do so. | ||
| ATM charge Europe: | For cash withdrawals abroad in currencies other than sterling the following charges apply: 1.5 % of the amount with a minimum transaction charge of £2 and a maximum of £4.50. | ||
| A/c Transfers Int. Free: | There is no interest free overdraft offered with transferred accounts. | ||
| Bankers Draft Charge: | The charge for a bankers draft is £20. | ||
| Bankers Reference Charge: | The charge for a bankers reference is £10 including VAT. | ||
| Copy Cheque Charge: | There is no charge for a copy cheque. | ||
| Duplicate Stat Charge: | Regular account statements will be issued free of charge. If extra statements are required the following charges are made: - Duplicate statements - £5 for each page (to a maximum of £10). | ||
| Special Clearance Charge: | A special cheque presentation charge of £10. | ||
| Forex fee % Europe: | Overseas Transaction Charge:2.99% of transaction value | ||
| Other Charges: | No other charges made. | ||
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| Products: | www.lloydstsb.co.uk Current Accounts | ||
