eSavings Account - 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 eSavings Account is an internet based instant access savings account with variable interest rates. It is provided by Lloyds TSB Bank plc or Lloyds TSB Scotland plc, depending on which bank your current account is with.
- ELIGIBILITY
1.1 To have the Account you must be 16 or over, and have a current account with us.
1.2 You can only open the Account through Internet Banking and you can only have one Account in either your sole name or held jointly.
1.3 If you are no longer entitled to the Account we will make arrangements with you to close your Account and transfer your balance to another account in our savings range. - 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 only make payments from this account using Telephone Banking or Internet Banking and the payment must be to a Lloyds TSB current or savings account in your name (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. - INTEREST
3.1 The Account interest rates are variable and will vary depending on the amount in the Account.
3.2 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.
3.3 We will pay interest once a year on the anniversary of opening the Account.
3.4 You can ask us to pay interest into a different account with us. - COOLING OFF
4.1 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 eSavings Account information.
