Lloyds TSB Personal Banking is undoubtedly a rewarding experience for every customer. Lloyds TSB Personal Banking offers a wide range of services which are enough to fulfill all the financial needs of the customers. Lloyds TSB Personal Banking Services is made up of Multi Currency Accounts facility, Current Account and Instant Access Savings Account facility, Credit Cards Facility, Personal Loan, Home Loan and Auto Loan facility, Mortgage Services and last but not the least, the Internet banking facility.
The Different types of Accounts provided by Lloyds TSB Personal Banking are discussed below:
Current Accounts
Lloyds TSB Personal Banking offers three types of Current Accounts:
- Classic Day to Day Banking Account
- Flexi Account
- Collective Advantage Account
Classic Day to Day Banking Account
Beneficial Features:
- Account holders enjoy the facility of Multi Currencies like AED, USD and GBP.
- Customers get the Facility of Cheque Book.
- Account holders are provided with Visa payment Debit Card along with the account.
- Customers can access account from ATMs.
- Account holders get the Facility of Online Banking and Phone Banking.
Flexi Account
Beneficial Features:
- Customers get Cheque Book facility.
- Monthly interest on account balance is paid.
- Account holders are provided with Visa payment Debit Card.
- Customers enjoy the Facility of free cash withdrawals from Lloyds TSB ATMs.
- Account holders are offered Free Home Contents Insurance.
- Customers get the benefit of Automatic standby Overdraft facility.
- Account holders get the Facility of Online Banking.
- They also have the Facility of Phone Banking.
Collective Advantage Account
Beneficial Features:
- No minimum balance is needed to be maintained in this account.
- Customers enjoy Overdraft facility.
- Account holders enjoy the facility of Lower charges for services.
- Customers can access accounts from all Lloyds TSB ATMs
- Account holders get the benefit of reduced interest rates on Personal Loans and Auto Loans.
- Customers get the Facility of Offshore Banking
- Account holders get the Facility of Online Banking and Phone Banking
Instant Access Savings Account
Beneficial Features:
- Customers enjoy Instant Access Facility.
- No Minimum Balance is required to be maintained in the account.
- Higher interest is paid on the balances of this account.
- Interest rates, to be paid on account balances are tiered. So, more savings generate more earning.
- Account holders get the Facility of Multi Currencies: AED, GBP, EUR and USD
- Customers are charged No Penalties for withdrawals.
- Account holders enjoy the Facility of Internet Banking and Phone Banking.
Credit Card Services provided by Lloyds TSB Personal Banking are discussed below:
Credit Cards provided by Lloyds TSB Personal Banking give the customers their much desired financial flexibility at the most competitive rates. Lloyds TSB Personal Banking offers following two types of credit cards:
Visa Classic Card
Beneficial Features:
- Visa Classic Card has worldwide acceptance because of having the VISA logo. It is accepted at almost 14 million locations all over the world.
- Card holders get the facility of 48 hours lost card protection
- Card holders enjoy the facility of Introductory Offer of Interest Free Purchases up to 55 days from the dare of account opening.
- Customers get Travel Insurance and Accident Insurance along with the card.
- Cardholders get the benefit of 90 days Purchase protection.
- Customers benefit from the Easy Repayment Terms.
- Card holders get the facility of 24 hours customer assistance service.
Visa Gold Card
Beneficial Features:
- Visa Gold Card also has worldwide acceptance and is welcomed at more than 150 countries all over the world.
- Card holders get the Direct Debit Option.
- Card holders receive Commission free Travelers Cheques.
- Customers get Travel Insurance and Accident Insurance along with the card.
- Cardholders get the benefit of 90 days Purchase protection.
- Customers benefit from the Easy Repayment Terms.
- Card holders get the facility of 48 hours lost card protection
Personal Loan Facility by Lloyds TSB Personal Banking:
Beneficial Features:
- One can get the most competitive personal loan rates with Lloyds TSB Personal Loans. The interest rates start from 11.5%.
- Personal Loans from Lloyds TSB involves a fast approval process. Usually the decisions on loans are taken on the same working day, on which it has been applied for.
- Customers can get loan term up to 48 months.
- Customers who opt for personal loan from Lloyds TSB also get the Zero Down Payment option.
- Customers are not required to pay any penalty on the early repayment of the loan.
Home Loan facility by Lloyds TSB Personal Banking:
Beneficial Features:
- All the Documentation work required for processing and disbursement of home loans from Lloyds TSB are done at home. The Customers are not required to pay any legal fees for this documentation.
- Lloyds TSB also helps their customers by instructing the Valuer.
- In case of the customers, who apply for a home loan and whose house is under construction, Lloyds TSB offers Stage Payment Facility
- Lloyds TSB Personal Banking also arranges Building Insurance, Home Contents Insurance, Mortgage Insurance and even Life Insurance for the home loan takers.
- The Home Finance by Lloyds TSB is also available for offshore residents if they hold a Lloyds TSB account.
- Customers are not charged any penalty for early repayment of the home loan.
- Lloyds TSB Personal Banking helps the customers through out the entire home buying process.
Auto Loan Facility by Lloyds TSB Personal Banking
Beneficial Features:
- Lloyds TSB Auto Loans are given to the customers at competitive interest rates.
- Auto Loans are approved fast by the Lloyds TSB Personal Banking.
- Customers are not charged any penalty for early repayment of the auto loan.
- Customers who take auto loan from Lloyds TSB get the facility of Zero Down Payment option.
- Lloyds TSB Personal Banking offers same rate of interest for new car loan and used car loan.
Mortgage Services provided by Lloyds TSB Personal Banking:
Lloyds TSB provides the most professional Mortgage Services to its customers. The mortgage service is mainly aimed at helping the investors who purchase residential property globally for investment.
Beneficial Features of Lloyds TSB Mortgage Services:
- The Lloyds TSB Mortgage Services has Multi-Jurisdictional Coverage. The service is available for the properties in Great Britain, Spain, France, New Zealand, Dubai, Hong Kong, Singapore and in selected locations of U.S.A, Canada and Australia.
- The Lloyds TSB Mortgage Services have Multi Currency Loan facilities. Loans are available in U.S Dollars, Sterling, Euro, Canadian Dollars, Japanese Yen, Hong Kong Dollars, Swiss Franc, Australian Dollars and Singapore Dollars.
- Along with Multi Currency Loan facilities, the customers also get Free Currency Switching Option. But the Currency Switching is subject to status and conditions and is allowed between approved currencies.
- The Lloyds TSB Mortgage Services involve competitive interest rates.
- Lloyds TSB provides its customers Free Pre-approved Financing for buying overseas property.
- Customers can get up to 100% financing subject to credit status and additional security.
- Customers are not required to pay any penalty for early repayments that coincide with interest roll over dates. But this is not applicable in case of Fixed Rate loans.
- Customers can choose between the repayment term options. They can get maximum loan term of 30 years and or the maximum loan term can be up to 70 years of age.
- The Lloyds TSB Mortgage Services involves no penalty for buy-to-let properties.
Internet Banking Facility of Lloyds TSB:
- Customers can check account balances and details of transactions online.
- Customers can view statements by accessing Internet.
- Using Internet banking facility customers can make credit card payments and can pay utility bills.
- Customers can transfer money from his one account to another or from his account to some one else’s bank account using Internet banking services of Lloyds TSB.
- Customers can give standing instructions or can change the earlier instructions given to the bank using online services.
Other than all the facilities and services provided by Lloyds TSB, there is a special facility which is known as International Personal Banking.
Under this International Personal Banking facility, Lloyds TSB offers two special accounts:
International Account
International Premier Account
International Account
Beneficial Features:
- Account holders get the choice of three currencies which are Sterling, U.S Dollars and Euro.
- The Debit Cards that the account holders get along with the account is also available in those three currencies.
- In case of this International Account, interest is paid without the deduction of tax.
- Account holders get the facility of 24/7 Internet Banking.
- They also get the facility of Phone Banking.
- The account holders receive competitive rate of interest.
- An experienced and dedicated Relationship Management Team serves the international customers in dealing with their financial need.
International Premier Account
Beneficial Features:
- Account holders get the choice of three currencies which are Sterling, U.S Dollars and Euro.
- Account holders are not required to pay any Fees whatever currency they choose.
- Debit cards which the account holders get with their accounts are also available in three currencies U.S Dollar, Sterling and Euro.
- Account holders can get Premier ‘black’ debit card which is available in Sterling.
- Customers get high interest rates on the savings in their account.
- Account holders get the facility of Preferential Rates on International Mortgage.
- They get assistance from dedicated International Premier Relationship Managers.
- Account holders get the facility of 24/7 Internet Banking which can save their valuable time.
- They also get the facility of Phone Banking.
Other than the above noted benefits, the holders of International Account and International Premier Account get the following additional beneficial services:
- Tax Advice from International Tax Expert
- Will Writing Service
- Discounted worldwide Travel Insurance
- Discounted International Private Health Insurance
- Help with Local Banking
- Lifestyle Service
- American Express International Currency Cards
- Free Country Guides
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