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Lloyds Bank extends Club Lloyds to Private Banking

1st December 2014 Print

Lloyds Bank has announced the extension of its innovative Club Lloyds current account to its Private Banking clients. The current account designed to reward customersis available from 1 December through the clients dedicated Private Banking & Advice Manager.

The Club Lloyds current account which launched in March was created to reward customer loyalty and everyday banking by offering exclusive access to rates on a range of products such as current accounts, savings and mortgages, alongside other Lifestyle Benefits. Club Lloyds Private Banking will now be available to all Private Banking clients from today.

The Club Lloyds Private Banking account is offering exclusive access to rates on other products which includes a monthly saver at 4% AER on savings up to £400 each month, with interest paid monthly or annually. A mortgage rate reduction of 0.20% will be available to account holders and a range of Lifestyle Benefits is also on offer, including six cinema tickets per year, an annual magazine subscription or access to discounts at over 6,000 restaurants with an annual Gourmet Society membership.

The Club Lloyds Private Banking product range includes:

Club Lloyds Private Banking account - The account also offers access to specialist lending, subject to application and approval.

Club Lloyds Private Banking Premier account - for clients who value the range of Added Value Benefits (AVBs) with Club Lloyds benefits.

Club Lloyds Mayfair High Interest Cheque account – for clients who value the highest level of personal service.

Club Lloyds Private Banking complements the range of other benefits Lloyds Bank current accounts offer, including Everyday Offers, which enables customers to earn up to 15% cashback on their everyday spending.

The Club Lloyds Private Banking current account is available to new and existing customers for sole or joint accounts.

Sarah Deaves, Director of UK Private Bank, Lloyds Bank, says “Club Lloyds Private Banking is unique in the market. We value the relationships we have with our clients and we are keen to reward this loyalty by offering a collective range of market leading rates and benefits.”