Easy Saver - Terms and Conditions
Our agreement with you is made up of general conditions (contained in the Personal Banking terms and conditions leaflet) and additional conditions. These include the conditions below and the Banking Charges guide. If there is any overlap or conflict between the additional conditions and the Personal Banking terms and conditions, the additional conditions apply.
The Easy Saver Account is an instant access savings account with an interest rate that tracks the Bank of England base rate until the end of 2010. It is provided by Lloyds TSB Scotland plc if your Account is with a branch in Scotland, otherwise it is provided by Lloyds TSB Bank plc.
- ELIGIBILITY
1.1 To have the Account you must be 16 or over. - DEPOSITS AND WITHDRAWALS
2.1 You can pay money into the Account in branch, or by transferring money from another account with us or another bank.
2.2 You can make withdrawals from this Account at any of our branches but you can only make payments from the Account to another Lloyds TSB current or savings account in your name (or in the case of a joint account, in any of your names). You cannot set up standing orders on the Account to make these payments.
2.3 You can ask us for a Cashpoint® card to make deposits to and withdrawals from the Account. - INTEREST
3.1 We will pay interest once a year on the anniversary of opening the Account.
3.2 You can ask us to pay interest into a different account with us.
3.3 You will find our current interest rates for the account in our UK branches, online at www.lloydstsb.com or by phoning us on 0845 300 0032. - INTEREST RATE GUARANTEE
4.1 On balances of £1 or more we agree to pay a gross annual interest rate which tracks at 1.50% below the Bank of England Base Rate until 31 December 2010 (but the rate will never be less than 0.10%).
4.2 We will change the interest rate on the day that the Bank of England Base Rate changes.
4.3 When the interest rate guarantee period ends we may change the rate in accordance with the Personal Banking terms and conditions. - COOLING OFF
5.1 If you are not happy with your choice of account or service, you can cancel it within 30 days of opening the account or taking the service. We will then help you to move to another account we offer or will return your money to you with any interest you have earned.
View Easy Saver account information.
