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You can earn

Free share (avg £30)

Free sharesWorth about £30 in shares

Lloyds Bank is offering a free share when you open a new account and deposit just £1. Share value varies but averages around £30, with some worth up to £200.

Complete in
10 mins
Payout
After 3 months
Difficulty
Easy Peasy
Availability
Live

The short answer

What you do
Open a Lloyds Club Lloyds current account
When you get paid
After 3 months
Main catch
Deposit or spend neededShare value is random and can be worth less than £30. Must hold account for 3 months.

Eligibility, full steps and terms are further down this page.

What you actually get: free shares

Free shares placed in your investment account.

Free share (avg £30) — worth about £30 in real terms

How to redeem
They appear in your portfolio and can be sold for cash, though the value moves with the market.
Validity
Often locked for a set holding period before you can sell.
Can you cash it out?
Sometimes — see the notes
How we review offersReward, effort and catches are summarised from the provider's own termsHow we test

Get paid in 4 steps

Follow these in order. Skipping a step is the #1 reason rewards don't track.

Step 1: Open a Lloyds Club Lloyds current account

Step 1 of 4 — the sooner you complete it, the faster your reward tracks.

Step 2: Deposit £1

Move the qualifying amount from your existing bank via faster payments. It arrives instantly and counts toward the bonus.

Step 3: Register for the free share offer

Your friend must use your unique link and complete their own qualifying action for both rewards to unlock.

Step 4: Share allocated after 3 months

Your friend must use your unique link and complete their own qualifying action for both rewards to unlock.

Lloyds Bank logo

Lloyds Bank — Free shares for new customers

Share value is random and can be worth less than £30. Must hold account for 3 months.

Am I eligible?

We haven't recorded eligibility criteria for this offer yet. Check the provider's own terms before you start.

Insider tips

  • Complete the whole flow in one sitting — leaving it half-done is the top reason Free share (avg £30) bonuses fail to track.
  • Take screenshots of each step in case you need to raise a support ticket later.
  • Add a calendar reminder for the qualifying deadline so you don't miss it.

Reward type

After 3 months

Time to complete

10 mins

Withdraw via

Bank transfer

Lloyds Bank logo

About the provider

Lloyds Bank

Free shares for new customers

Major UK bank offering free shares for new customers who deposit just £1.

Safety

FSCS protected up to £85,000.

Fees

No monthly fee with Club Lloyds (requires £500/mo deposit or £3/mo fee).

Devices

Web · iOS · Android

Category

Bank

What we like

  • Free share worth up to £200
  • Only £1 deposit needed
  • Established bank

Watch out for

  • Share value varies
  • Must hold for 3 months
Full Lloyds Bank review
Community codes

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FAQs

How long until I actually get the money?+

Payout timing isn't confirmed for this offer yet — check the provider's own terms before you start. Open a Club Lloyds account, deposit £1, register for the free share offer.

Is this safe? Will it hurt my credit score?+

FSCS protected up to £85,000. This offer doesn't involve a credit check.

What are the fees?+

No monthly fee with Club Lloyds (requires £500/mo deposit or £3/mo fee).

Can I close the account after I get the bonus?+

Yes — once the reward has cleared and any minimum holding period has passed, you're free to close the account. We recommend waiting at least 30 days after the bonus lands to be safe.

What if the reward doesn't track?+

Contact Lloyds Bank support first with your sign-up date and screenshots. If you're still stuck, ping the SmartPiggy team and we'll help chase it up.

The small print

SmartPiggy may earn a commission when you claim this offer — it costs you nothing and helps keep our reviews free (affiliate disclosure). Rewards, timings and eligibility are set by Lloyds Bank. Always read the provider's full T&Cs before you sign up. When it comes to money, your capital may be at risk. See our editorial policy for how we score and re-check offers.

We have not recorded a hand-check for this listing yet, so please confirm the current terms with Lloyds Bank before signing up.

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You get

Free share (avg £30)