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CHANGES ON TOP ACCOUNT WILL AFFECT SCORES OF LLOYDS CUSTOMERS 05:33, 01 Jun 2025 Certain Lloyds customers are being advised to consider closing their accounts ahead of June increases to
charges. The banking giant is hiking fees on its Club Lloyds account for customers who don't meet a key deposit condition from June 2. The monthly charge is going from £3 to £5 - an
extra £24 a year. READ MORE: PEOPLE BORN AFTER THIS DATE WON'T GET THEIR STATE PENSION UNTIL THEY ARE 67 AMID RULE CHANGE GET OUR BEST MONEY SAVING TIPS AND HACKS BY SIGNING UP TO OUR
NEWSLETTER But users don't have to pay this fee if they ensure at least £2,000 goes into the account every month. Article continues below That essentially means directing your salary
into the account. The team at Martin Lewis' Money Saving Expert (MSE) have said those who don't earn £2,000 a month may now want to consider if the account is still worthwhile for
them. Club Lloyds offers a number of benefits including no debit card fees abroad, a 'lifestyle benefit' each year, credit interest and exclusive access to savings rates and
mortgage offers. So customers will need to weigh up how much the benefits make a difference to them, and if they increased fee is still worth it. If not, it may be time to close the account
and switch to something which doesn't charge. JOIN OUR FREE MONEY SAVING WHATSAPP COMMUNITY FOR THE LATEST UPDATES Article continues below Announcing the change, Lloyds said: "For
variable credit interest, no debit card fees abroad and great perks, join the Club. "£3 monthly fee, waived each month that you pay in £2,000 or more. "From June 2, 2025 we’re
increasing this to £5 per month."