It could be a good option for savers who want to benefit from enhanced savings rates A potential customer contacted Lloyds to ask about the account (Image: GETTY)

Lloyds Bank has set out particular payment criteria that customers must follow to be eligible for one of its current accounts. Account holders might wish to explore the Lloyds Premier Account, which provides perks including boosted savings rates and mortgage rate discounts. ‌

Nevertheless, there are specific requirements you will need to fulfil with this account. To be eligible, you must pay in £5,000 or more each month, or hold £100,000 in qualifying savings or investments with the bank. These savings and investments could include pre-packaged investment options, share trading, or digital retail investments via Lloyd

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