Lloyds TSB
Business Banking Review

Compare Lloyds TSB Business Banking Compare Lloyds Business Bank Accounts – read our review and compare the features and benefits available from Lloyds TSB to find a Business Bank Account that suits your company.

Lloyds TSB offer a range of business current accounts to help you choose the right account to best manage your business finances. Whether you're thinking of switching accounts, or require an account for setting up a new business, Lloyds TSB can provide a suitable business account for you.

Each account provides a range of benefits to suit your business needs. These features include introductory periods that allow free deposits/withdrawals – both cash and cheque and free standing orders/direct debits.

Alternatively you may wish to opt for an account designed to handle switching an account from another provider, by re-directing all standing orders and direct-debits, transferring old balances to your Lloyds TSB account, and closing your old account.

Lloyds TSB New Business Start up Account

Features

Interest Rate:
0% AER
Minimum Balance:
£0
Monthly Fee:
£0

Account Description

  • 18 months free day-to-day banking and support from your own business manager.
  • During the first 18 months you will not be charged for:
  • - Paying in or taking out cash
  • - Paying in or issuing cheques
  • - Paying standing orders and direct debits
  • There is no limit on the number of deposits or withdrawals, and you do not need to keep a minimum balance in your account to qualify.
  • When your free banking period ends choose either 'Business Extra Tariff' or 'Electronic Business Tariff'.

Lloyds TSB Established Business Switch A/C

Features

Interest Rate:
0% AER
Minimum Balance:
£0
Monthly Fee:
£0

Account Description

  • Smooth move from your old business account to new Lloyds business account guaranteed or get £50 cash back!!
  • Interest free overdraft of up to £5,000 while moving
  • During the first 6 months you will not be charged for:
  • - Paying in or taking out cash
  • - Paying in or issuing cheques
  • - Paying standing orders and direct debits
  • There is no limit on the number of deposits or withdrawals, and you do not need to keep a minimum balance in your account to qualify.
  • When your free banking period ends choose either 'Business Extra Tariff' or 'Electronic Business Tariff'.

Lloyds TSB Islamic Business Account

Features

Interest Rate:
0% AER
Minimum Balance:
£1
Monthly Fee:
£0

Account Description

  • Minimum balance of £1 required.
  • If your account balance falls below this you will pay the standard Electronic Business Tariff on all transactions you make during that charging cycle.
  • No Interest Paid or Charged.
  • All balances are guaranteed not to be used for any interest-based or non-Shariah approved business activities.

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