Lloyds Bank referral code: how to get the £50 “refer a friend” bonus (UK)

Last updated: 8 February 2026

Use the Lloyds referral link

Here’s the referral link to start the Lloyds “Refer a Friend” journey:

Start Lloyds refer-a-friend application (opens Lloyds)

How to claim the £50 (step-by-step)

If you’re on mobile (best option)

1. Tap the link above on your phone.
2. Follow the Lloyds application flow and open a qualifying current account.
3. Keep the new account open (minimum period applies).
4. Wait for the £50 to land. Lloyds says it can take up to 30 working days after the account is opened.

If you’re on a laptop/desktop

1. Open the link above on your laptop/desktop.
2. You should see a QR code on the Lloyds page.
3. Scan the QR code with your phone camera.
4. Complete the application on your phone from there (that is the bit Lloyds wants you to do on mobile).

Who actually qualifies for the Lloyds refer-a-friend bonus

Lloyds’ headline offer is simple: you and the person referring you can get £50 each when you open a qualifying current account, and the bank says it pays within 30 working days of the account being opened.

• You must be brand new to Lloyds (no current account, savings, credit card, loan or mortgage with them).
• Joint accounts are not included (it needs to be in your sole name).
• Keep the new account open for a minimum of 7 days.
• Some account types are excluded (Lloyds flags exclusions like Student, Under 19s and Smart Start).
• The referral link has a 30-day window to be used (links can expire).

Common issues (and quick fixes)

The link “doesn’t work”

If you are opening it on desktop, that is often the point: you need to scan the QR code and continue on mobile. If it is genuinely broken, use another browser on mobile, or try copying the link into your phone notes and opening it from there.

No £50 yet

Lloyds says payments are made within 30 working days of the account being opened. Referrer and referee can be paid at different times, so it is worth waiting out the full window.

FAQ

Is this the same as a “Lloyds bank referral code”?

Most people search “Lloyds bank referral code”, but in practice it is a referral link flow. The link tracks the referral, then Lloyds handles the rest in-app.

Can I combine this with a Lloyds switching bonus?

Lloyds says the refer-a-friend offer and switch incentives are separate and have their own terms. If you qualify for both, you may be paid twice. Always check the current switch offer terms before you do anything.

Do I get an overdraft automatically?

No. Lloyds says opening an account does not automatically guarantee an arranged overdraft. Overdraft applications are subject to status.

Authority and official terms

• Official Lloyds “Refer a friend” page: Lloyds Bank refer-a-friend details and terms
• Lloyds Banking Group press release announcing the offer (background and dates): Lloyds launches “Refer a Friend” offer

Disclaimer: This page is for information only. Offers and eligibility rules can change. Always check Lloyds’ official terms during sign-up.

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