Lloyds Business Bank Accounts
£50 Cash Back

How it works

  • On incorporation, your details will be sent to Lloyds via a secure link
  • Within 48 hours, Lloyds will call you to arrange a meeting and open your account – Lloyds aim to offer all clients a meeting within 7 days
  • Once your account has been opened, you can claim your £50* cash back

Why use Lloyds?

Lloyds Bank has helps over 100,000 businesses a year with their business bank accounts geared for startups. With a whole range of support and banking service, Lloyds Bank are safe hands to help get your business running.

What Lloyds Give You

Free Banking

18 months free business banking*


Support from Lloyds business Management team and comprehensive guides about starting, running and expanding your business


Manage your accounts online, by mobile app, by phone or in branch


Register for free text alerts


Access to tools and insights using Lloyds Business ToolBox and Business KnowledgeBox

Optional plans

Choose a monthly price plan or a different tariff after your 18 months of free banking

Claim Your £50 Cash Back with ANY Company Formation Package

The Lloyds Business Bank Account is subject to normal bank credit and money laundering checks

You’re Eligible If...

You require an account for business use
You are a Limited by Shares company or a Limited Liability Partnership
You are over 18
You are a UK Resident

(See full Terms & Conditions below)

Free Lloyds Business Bank Account


When you open a FREE Lloyds Business Current Account with us

Terms & Conditions

Sorry, but if you are not resident in the UK, we cannot offer you a bank account under this scheme.

* Free business banking includes cheques, standing orders, cash, UK Sterling Debits, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits. † Free electronic payments include UK Sterling Direct Debits, Standing Orders, Debit Card transactions, Lloyds Banking Group/Other Bank ATM Withdrawals, Internet/Phonebank Debits/Credits, Faster Payment Debit/Credit, Internet Bulk Payments, Automated transactions between your Lloyds Bank Accounts. ‡ We don’t charge you for Mobile Banking but your mobile operator may charge you for certain services such as downloading or using the app, so please check with them. Our new app requires iOS 6.0 or above, or Android 4.1 or above. Internet Banking registration required. Services may be affected by phone signal and functionality. Use of Mobile Banking is subject to our Business Internet Banking Terms and Conditions

* Our service promise If you experience a problem, we will always try to resolve it as quickly as possible. Please bring it to the attention of any member of staff. Our complaints procedures are published at www.lloydsbank.com/business/contact-us

If you have a hearing or speech impairment you can use Text Relay (previously Typetalk) or if you would prefer to use a Textphone, please feel free to call us on 0345 601 6909 (lines open 7am – 8pm, Monday – Friday and 9am – 2pm Saturday).

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 0207 626 1500. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278. Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all Business customers will be covered.

Company Formations 247 and Lloyds have entered into a referral arrangement whereby a fee will be paid by Lloyds to Company Formations 247 on the successful opening of a Lloyds Business Account.

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