Lloyds TSB is set to introduce or increase interest and fee-free amounts on planned overdrafts across its range of mainstream current accounts .  Therefore, customers could avoid incurring any charges should they dip into their planned overdraft at any point in the month.

With effect from 2 October 2012, subject to application and approval, customers can benefit from:

• The introduction of an interest and fee-free planned overdraft amount of £25 on the Classic account, which has no monthly account fee
• The introduction of an interest and fee-free planned overdraft amount of £50 on the Silver account
• An increased interest and fee-free planned overdraft amount of £150 on the Gold account (currently £100)
• An increased interest and fee-free planned overdraft amount of £300 on the Platinum account (currently £250)

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