Write a review

Lloyds Bank: Business Banking reviews

Name: Business Banking
Rating: 2.56 (144 reviews)

View other Lloyds Bank products

2.59

Based on 144 reviews, last reviewed 2nd Apr 2025

200% increase in 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

23%

11%

12%

47%

Latest highest rating:

5

Great experience It’s been a very great experience since I started banking with Lloyds Bank, I get my credit score updated every week for no cost and it’s been really ... Read more Reviewed on: 2nd April 2025

Latest lowest rating:

1

There business banking account is shocking compared... There business banking account is shocking compared to others and they charge £8.50 a month which is most than others , zero interest given , zero too... Read more Reviewed on: 27th October 2024

Read all reviews Write a review

About this product

Lloyds Bank business banking reviews at Smart Money People are helping other business people to fund out what being a business banking customer at Lloyds Bank is really like. With business banking and aspects such as access to finance being so important to many business owners, Smart Money People is becoming the UK's leading source of Lloyds Bank business banking reviews. Remember that you can write yours too, and join our mission to increase trust and transparency in financial services.

Review Lloyds Bank: Business Banking now

Help others make smarter decisions by sharing your own experience.

Write a review

Lloyds Bank Business Banking reviews (144)

Transparent costs, excellent customer service and superb online banking.

The customer service and support we've received has been great. The internet banking is easy to use and accessible. I'm also impressed with the levels of security - it's secure without being too difficult to access regularly. Banking costs are very transparent as is the cost of borrowing. Downside was the period of time taken to open the account - it took in excess of 2 months to get to account operational due to backload. Reviewed on: 13th January 2016

Very bad customer's accounts management

I was a loyal Lloyds customer for almost 10 years! We have ours ups and downs with Lloyds but both sides have always been ready to solve the problems without unnecessary distress. All for nothing when Lloyds (14 days ago) decided to close our business account giving us : N O T H I N G ! - no written notice about account closure - no letter informing about account closure - no letter explaining why the closing (this one is in their T&C so I don't really complain about it) - no cheque with our account balance - SIMPLE - LLOYDS STOLE OUR MONEY (we got last statements as a proof) - no contact with Lloyds review team - simple answer "I'm sorry. Nothing we can do about it"! Lloyds in few simple steps send our company into bankruptcy - we have no access to our funds, unpaid invoices, customer can't pay us (our account simply vanished!) and there is nobody who willing to help us :( if you run micro business PLEASE STAY AWAY FROM LLOYDS! You may loose your money without warning! Reviewed on: 5th October 2015

All depends

Since I've had my business we've gone through a good few 'relationship managers'. Some were, well too overstretched to do the job justice, but got the feeling they tried their best. This will probably embarrass her but Charlotte can't do too much for us! Reviewed on: 2nd October 2015

Adequate

Meets our simple needs but hardly a great example Reviewed on: 14th July 2015

Average

I've had our SME banking with Lloyds since we launched in 2009. On the whole, the service is ok - but it can be lacking quality interaction which is important when something complicated / issues crop up. Reviewed on: 3rd June 2015

Not Bad

They can be quite helpful so long as you don't let yourself be talked into anything you don't want. The last time I went the advisor pointed out that a unit trust I was paying into was performing really badly and suggested I should cash it in or transfer to something else (even though it was one of their own products). If you feel you could do with a bit of a financial shake up go ahead and listen to what they have got to say, but I would advise you to then go home and consider everything before signing on any dotted lines. Reviewed on: 28th April 2015

Far from horrific and far from great

It's sometimes feels quite difficult to get simple things resolved. Definitely not a bad service, but much room for improvement. Reviewed on: 20th March 2015

not convenient for my 24hour digital marketing company

No dedicated business telephone number over the weekend. There was fraud activity and I couldnt speak to anyone. Also took me far too long to access internet banking due to bad system errors. Reviewed on: 10th February 2015

I'm looking for a new bank.

I was assured my business account would be switched in 10 days. 7 weeks later lloyds are still calling me to ask about share allocation. Reviewed on: 21st December 2014

Lloyds are helpful and have gone out of their way to help with foreign currency bank accounts and preferrential rates recently.

I am currently happy with the services and support provided by Lloyds however I would be open to discussing services with other banks/providers. Reviewed on: 12th November 2014

Do you have a different Lloyds Bank product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Are you a business? Get insights, reply to reviews, invite customers and understand their needs

Alternative products

Business Current Account
from Cynergy Bank 5.00 from 1 reviews
Business Account
from The Co-operative Bank 1.28 from 82 reviews
Business Banking
from Bank of Scotland 2.71 from 16 reviews

There's still more to see!

Lloyds Bank has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub