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5,000 Lloyds current account holders to receive £200 bonus

Paloma Kubiak
Written By:
Paloma Kubiak
Posted:
Updated:
01/12/2020

Lloyds Bank will randomly select 5,000 current account customers to receive a bonus £200 payment to help with household bills and expenses.

To be eligible, customers must have held a Lloyds Bank personal current account as at 1 November 2020 and have made any type of payment into or out of the account between 1 November 2019 and 31 October 2020.

The banking giant said winners will be selected at random and notified in writing in January 2021. The £200 payment will be paid into their current account by 15 February 2021.

It also announced a ‘Countdown to Christmas Loans Prize Draw’ which will see 12 personal loans customers have their outstanding loan balance paid off.

One winner will be announced each day from 7-18 December. To be eligible, customers must be aged 18+, have an active loan account and be up-to-date with repayments.

Customers must also have made at least one monthly repayment to any new loan and live in England, Scotland or Wales. Winners will be contacted by phone or post.

The Christmas giveaways come as part of Lloyds Bank’s measures to help personal and business customers over the winter months.

To date, more than a million payment holidays have been granted and workers have contacted over 400,000 customers to see how they’re coping amid the pandemic.

Jo Harris, managing director of Lloyds Bank, said: “We know that our customers will be facing a range of different challenges this winter, which is why we wanted to build on the support we have already provided this year. The breadth of these activities is intended to ensure we continue to be there for our customers who we know are struggling, while also provide a listening ear and hopefully a smile, in what we know are difficult times.”