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US citizens in the UK · Institutions

Which Lloyds Bank accounts accept US citizens

Last checked

Lloyds Bank has been checked for US citizens across 7 account types. 6 are open to a US person (2 with strings) and 1 is closed.

If you already have an account with Lloyds Bank, a second one there is usually the easier application, because Lloyds Bank has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was checked.

At a glance

Account Verdict Last checked
Current accounts Opens
Savings accounts Opens
Cash ISAs Opens
Stocks & shares ISAs Skip
Mortgages Opens
Credit cards With strings
Multi-currency accounts Lloyds Bank International With strings

Current accounts

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Opens

Accepts US persons with a UK address; a Lloyds International account is also available.

FSCS £120,000 · app, online or branch

Account Terms The catch
Classic Account
Monthly fee
Free
Interest
None
Abroad
2.99% conversion fee, plus £0.50 a purchase and £1.50 a cash withdrawal
 —
Club Lloyds
Monthly fee
£5 a month, refunded any month you pay in £2,000 or more
Interest
0.75% AER up to £3,999.99 and 3.00% AER from £4,000 to £5,000, nothing above
Abroad
No Lloyds fees on spending or cash withdrawals abroad
 Interest needs two different direct debits going out each month.

Source: Expat Tax Online; Greenback, 2026-06-19 Last checked Lloyds Bank's own page

Savings accounts

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Opens

Lloyds asks only that you are 16 or over and a UK resident, with no sole-tax-residency condition and nothing in its published eligibility excluding US citizens. The US taxes the interest as ordinary income.

FSCS £120,000 · online, app or branch

Account Terms The catch
Monthly Saver
Access
Regular saver
Rate
8.00% AER, fixed
Term
1 year
Min
£25 a month
Max
£3,000
Rate as of
 Needs a Lloyds current account, and Club Lloyds or Premier customers open the Club Lloyds Monthly Saver instead. Pay in £25 to £250 a month for 12 months, then it becomes a Standard Saver.
Online Fixed Bond
Access
Fixed term
Rate
4.00% AER, fixed
Term
2 years
Min
£500
Max
None stated
Rate as of
 No withdrawals before maturity; the 1-year term pays 3.80%.
Limited Access Saver
Access
Easy access
Rate
3.00% AER, variable
Min
£1
Max
£9,000,000
Rate as of
 Top rate only with 2 or fewer withdrawals a year; a third drops you to 0.65%. Becomes a Standard Saver after a year.
Easy Saver
Access
Easy access
Rate
1.00% AER, variable
Min
£1
Max
None stated
Rate as of
 The top rate needs £100,000 or more; £25,000 or more earns 0.90% and less than that 0.75%. Unlimited withdrawals, and after 12 months it becomes a Standard Saver.

Source: Lloyds Bank easy saver, 2026-08-17 Last checked Lloyds Bank's own page

Cash ISAs

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Opens

The cash ISA test is being 18 or over, resident in the UK for tax purposes and holding a National Insurance number, with only the Crown employee extension added. There is no requirement to be tax resident nowhere else. The IRS still taxes the interest as US income, as the wrapper gives no US relief. One caution before you rely on the terms alone: Lloyds published Junior Cash ISA conditions carry no US test either, yet a parent applying for a US citizen child has been refused, which reads as a screen applied at the counter rather than in the contract. Ask before you count on a yes.

FSCS £120,000 · online, app, phone or branch

Account Terms The catch
2 Year Fixed Rate Cash ISA
Access
Fixed term
Rate
4.10% AER, fixed
Term
2 years
Min
£500
Rate as of
 No withdrawals, and closing early costs 180 days of interest. Interest paid monthly or annually at the same AER.
1 Year Fixed Rate Cash ISA
Access
Fixed term
Rate
4.00% AER, fixed
Term
1 year
Min
£500
Rate as of
 No withdrawals, and closing early costs 90 days of interest. Interest paid monthly or annually at the same AER, and a Lloyds Premier current account adds 0.20%.
Club Lloyds Advantage ISA Saver
Access
Easy access
Rate
3.00% AER, variable
Min
£1
Rate as of
 Needs a qualifying Club Lloyds current account and no more than two withdrawals a year, otherwise 0.65%.
Limited Access ISA
Access
Easy access
Rate
3.00% AER, variable
Min
£1
Rate as of
 Top rate only with 2 or fewer withdrawals a year; a third drops you to 0.65%. Becomes an Instant Cash ISA after a year.
Cash ISA Saver
Access
Easy access
Rate
1.00% AER, variable
Min
£1
Rate as of
 The top rate needs £100,000 or more; £25,000 or more earns 0.90% and less than that 0.75%. A Club Lloyds, Premier or Private Banking current account adds 0.20%, and it becomes an Instant Cash ISA after a year.

Source: Lloyds cash ISA Saver eligibility and Junior Cash ISA conditions, 2026-08-24 Last checked Lloyds Bank's own page

Stocks & shares ISAs

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Skip

Lloyds share dealing runs on the Halifax Share Dealing platform and carries the identical clause barring US persons, US citizens and US tax residents. Three brands, one platform, one answer, and the fees differ while the eligibility does not.

FSCS £85,000 · runs on Halifax Share Dealing, one platform with Halifax and Scottish Widows

Source: Lloyds share dealing terms, section 4.1, 2026-08-17 Last checked Lloyds Bank's own page

Mortgages

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Opens

Read this row and the Halifax one as one lender. Lloyds says on its own rates page that new Lloyds mortgages are provided by Bank of Scotland plc, and the products match Halifax exactly, down to the rate and the fee. Lloyds publishes no nationality, visa or foreign currency rule of its own, so the terms that apply are the group criteria in the Halifax row: a dollar salary taken with a fifth off, and no particular visa type required once you pass the residency test.

Direct · new Lloyds mortgages are written by Bank of Scotland plc

Account Terms The catch
2 year fixed
Rate
4.59%, fixed
Then
7.24% Lloyds homeowner variable rate
Term
Fixed to 30 November 2028
Max LTV
60%
Product fee
£999
Rate as of
 A fee free version is available, and Club Lloyds current account holders get 4.54%. Minimum deposit 5% across the range.
2 year tracker
Rate
4.06%, tracker
Then
7.24% Lloyds homeowner variable rate
Term
Fixed to 30 November 2028
Max LTV
60%
Product fee
£1,499
Rate as of
 Base rate plus 0.31%, the identical product Halifax sells as UCV540 at the same fee.

Source: Lloyds mortgage rates page and Halifax Intermediaries criteria, 2026-08-17 Last checked Lloyds Bank's own page

Credit cards

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With strings

US persons: three years of UK address history

No nationality test, only UK residence, being 18 or over and a regular income. The strings are in the form, which wants three years of UK address history, and in the credit builder card, which needs three years of UK residency plus a group current account held over a year. Note MBNA, Halifax and Bank of Scotland are the same group.

Direct · one group with Halifax, Bank of Scotland and MBNA

Account Terms The catch
Lloyds Ultra Credit Card
Representative APR
14.9% APR representative
Card fee
Free
Abroad
No foreign transaction fee
Rate as of
 The advertised rate goes to at least 51% of accepted applicants, so a thin file may be offered worse.
Lloyds Advance Credit Card
Representative APR
29.9% APR representative
Card fee
Free
Abroad
No foreign exchange fee
Rate as of
 Needs three years of UK residency and a group current account held for over a year, so it is not a route in.

Source: Lloyds Bank credit card application guidance, 2026-08-17 Last checked Lloyds Bank's own page

Multi-currency accounts

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Lloyds Bank International

With strings

Lloyds Bank UK has no personal currency account, so the multi-currency route is Lloyds Bank International in Jersey, where cover is the Jersey scheme at £50,000 rather than FSCS. UK residents are eligible and citizenship is not a bar.

Jersey scheme £50,000, not FSCS · app, online or phone

Account Terms The catch
International Classic account
Monthly fee
£5 a month per currency account, waived at £5,000
Interest
None
Currencies
Sterling, euro and US dollar
Cost to convert
No conversion fee on card spending; the margin between accounts is not published
Rate as of
 International payments carry a £12 to £20 correspondent bank fee if you pay all charges.

Source: Lloyds Bank International classic account, 2026-08-17 Last checked Lloyds Bank International's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.

 Tax

PFIC

Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.