The payments from Lloyds Bank go out within a 30-day window

Lloyds Bank has clarified the rules around how to qualify for a £50 payment. The update came after a question over social media about the bank's 'refer a friend' scheme. Customers can get a £50 payment into their account if they refer someone they know to sign up with them, and if that person signs up for a current account.

Once your friend or family member signs up, you can get a £50 payment into your account, and they will also receive a £50 bonus. Information about the scheme on the Lloyds website states the person joining the bank has to be a "brand-new Lloyds customer".

The person asked Lloyds about what this term means, as they were wondering if they would qualify. They queried: "Does 'brand-new customer' mean som

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