Lloyds Bank Clarifies Eligibility for £50 "Refer a Friend" Scheme
### Lloyds Bank Issues Important Warning to Customers Regarding £50 Account Payments
A representative from Lloyds Bank has provided crucial information regarding the bank's "Refer a Friend" scheme. This scheme allows current customers to earn a £50 reward for referring new clients to the bank, but there are specific eligibility requirements to take note of.
Customers should be aware that only new accounts or customers will qualify for the reward. A significant stipulation is that individuals who have held any form of Lloyds Bank account in the past will not be eligible to participate in this scheme. "If you've had an account in the past, you wouldn't qualify," stated a Lloyds representative.
The guidance comes as part of an effort to clarify the terms surrounding the referral program. Potential referrals need to understand that their previous banking history with Lloyds will directly impact their ability to benefit from the incentive. This warning aims to ensure that customers are fully informed before pursuing the referral options.