Current account rates
Cash account | Classic account | Classic Plus account | Gold Service current account | Gold Service Plus current account | Graduate account rates | India Banking Service | Personal overdrafts | Platinum current account | Platinum Plus account | Premier | Premier Plus | Select current account | Select Plus account | Silver current account | Student account | Under 19s account
If you can’t see your product in the list below it may be because it is no longer available, click here to see a list of our non marketed product rates.
Bank of England Base Rate is currently 5.00%. Effective 8 May 2008.
| Cash account | Interest Paid Annually | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.0 | 0.0 | 0.0 |
These interest rates are correct as at 01/03/2004.
Explanation of terms
Click here for information on Cash account.
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| Classic account | Interest Paid Annually * | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 01/03/2004.
Explanation of terms
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| Regular Monthly Deposit | * | Interest Paid Monthly | ||
|---|---|---|---|---|
| Balance | AER % | Gross % | Net % | |
| £1,000+ | £1 - £2500* | 4.25 | 4.17 | 3.34 |
These interest rates are correct as at 29/08/2007.
* The first £2,500 of your balance will earn the interest rate in the table above. Any balance over £2,500 will receive our standard interest rate of 0.10% AER/Gross (0.08% Net).
Click here for information about Classic and Classic Plus accounts.
| Gold Service current account | Interest paid annually * | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £50,000 + | 0.10 | 0.10 | 0.08 |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 01/03/2007.
Explanation of terms
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| Regular Monthly Deposit | * | Interest Paid Monthly | ||
|---|---|---|---|---|
| Balance | AER % | Gross % | Net % | |
| £1,000+ | £1 - £2500* | 4.25 | 4.17 | 3.34 |
These interest rates are correct as at 29/08/2007.
* The first £2,500 of your balance will earn the interest rate in the table above. Any balance over £2,500 will receive our standard interest rate of 0.10% AER/Gross (0.08% Net).
Click here for information about Gold.
| Graduate account | Interest Paid Monthly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 01/03/2004.
| Graduate account | % Per Month | % EAR |
|---|---|---|
| Year 1: £2,000+ | 1.30 | 16.8 |
| £0 - £2,000 | 0.00 | 0.00 |
| Year 2: £1,500+ | 1.30 | 16.8 |
| £0 - £1,500 | 0.00 | 0.00 |
| Year 3: £1,000+ | 1.30 | 16.8 |
| £0 - £1,000 | 0.00 | 0.00 |
These interest rates are correct as at 02/11/2007.
Explanation of terms
View previous rates
Click here for information about Graduate account.
The EAR does not take into account any additional charges (e.g. arrangement fees/securities charges/monthly fees) which may be applicable.
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India Banking Service
All Lloyds TSB current accounts can be used with the India Banking Service, except the Basic Bank account. You will find information on this page about the rates that apply to these accounts. There are no specific rates for the India Banking Service.
For information about ICICI Bank NRE savings account rates please visit www.icicibank.com.
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| Account | Interest paid monthly | |
|---|---|---|
| % Per Month | % EAR | |
| Premier Plus Current Account | 0.83 | 10.4 |
| Premier Current Account | 0.83 | 10.4 |
| Platinum Plus Current Account | 0.83 | 10.4 |
| Platinum Current Account | 0.97 | 12.3 |
| Gold Service Plus Current Account | 1.30 | 16.8 |
| Gold Service Current Account | 1.34 | 17.3 |
| Private Banking Current Account | 1.30 | 16.8 |
| Classic Account Preferential and Current Account Preferential | 1.30 | 16.8 |
| Select Plus Current Account | 1.34 | 17.3 |
| Select Current Account | 1.45 | 18.9 |
| Silver Current Account | 1.45 | 18.9 |
| Classic Plus Account | 1.45 | 18.9 |
| Classic Account, Current Account | 1.48 | 19.3 |
| Lloyds TSB Offset Current Accounts * | N/A | Base Rate +0.9% |
These interest rates are correct as at 02/11/2007.
*Current account credit balances linked to an Offset mortgage receive no credit interest.
Explanation of terms
View previous rates
Click here for information about personal overdrafts.
The EAR does not take into account any additional charges (e.g. arrangement fees/securities charges/monthly fees) which may be applicable.
| Platinum current account | Interest paid annually * | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £50,000 + | 0.10 | 0.10 | 0.08 |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 01/03/2007.
Explanation of terms
View previous rates
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| Regular Monthly Deposit | * | Interest Paid Monthly | ||
|---|---|---|---|---|
| Balance | AER % | Gross % | Net % | |
| £1,000+ | £1 - £2500* | 4.25 | 4.17 | 3.34 |
These interest rates are correct as at 29/08/2007.
* The first £2,500 of your balance will earn the interest rate in the table above. Any balance over £2,500 will receive our standard interest rate of 0.10% AER/Gross (0.08% Net).
Click here for information about Platinum current account.
| Premier | Interest Paid Annually | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1 - £50,000 | 0.10 | 0.10 | 0.08 |
| £50,000+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 01/03/2007.
| Premier Plus Current Account | Interest Paid Monthly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1 - £2500 | 4.25 | 4.17 | 3.34 |
| £2500+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 29/08/2007.
* The first £2,500 of your balance will earn the interest rate in the table above. Any balance over and above £2,500 will receive our standard interest rate of 0.10% AER/Gross (0.08% NET).
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once every year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
| Select current account | Interest paid annually * | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 01/03/2007.
Explanation of terms
View previous rates
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| Regular Monthly Deposit | * | Interest Paid Monthly | ||
|---|---|---|---|---|
| Balance | AER % | Gross % | Net % | |
| £1,000+ | £1 - £2500* | 4.25 | 4.17 | 3.34 |
These interest rates are correct as at 29/08/2007.
* The first £2,500 of your balance will earn the interest rate in the table above. Any balance over £2,500 will receive our standard interest rate of 0.10% AER/Gross (0.08% Net).
Click here for information about Select.
| Silver Current Account | Interest Paid Annually* | ||
|---|---|---|---|
| AER% | Gross% | Net% | |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 23/04/2007.
Explanation of terms
Click here for information about Silver.
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| Student Account | Interest Paid Annually | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
These interest rates are correct as at 03/07/2006.
| Student account | % Per Month | % EAR |
|---|---|---|
| Year 1: £1,500+ | 0.66 | 8.2 |
| £0 - £1,500 | 0.00 | 0.0 |
| Year 2: £1,500+ | 0.66 | 8.2 |
| £0 - £1,500 | 0.00 | 0.0 |
| Year 3: £1,500+ | 0.66 | 8.2 |
| £0 - £1,500 | 0.00 | 0.0 |
| Years 4, 5 & 6: £2,000+ | 0.66 | 8.2 |
| £0 - £2,000 | 0.00 | 0.0 |
These interest rates are correct as at 02/11/2007.
Explanation of terms
View previous rates
Click here for information about Students, graduates and under 19's.
The EAR does not take into account any additional charges (e.g. arrangement fees/securities charges/monthly fees) which may be applicable.
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| Under 19's account | Interest Paid Quarterly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 3.30 | 3.25 | 2.60 |
These interest rates are correct as at 01/09/2005.
Explanation of terms
View previous rates
Click here for information about Under 19's account.
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GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.
NET RATE – The rate of interest which would be payable after allowing for the deduction of income tax at the rate specified by law.
AER – AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.
EAR – EAR stands for Equivalent Annual Rate. The EAR does not take into account any additional charges (e.g. arrangement fees/securities charges/monthly fees) which may be applicable.
TAX FREE RATE – The annual interest rate when interest is exempt from income tax.
Interest is normally paid at the net rate unless the Account falls within an exempt category or the Account holder qualifies to receive interest gross. Interest rates may vary from time to time. All rates are per annum except where stated.
