Cash account | Current accounts | Current accounts with Plus | Current accounts with Vantage |Graduate account rates | India Banking Service | Personal overdrafts | 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 4.5%. Effective 8 October 2008.
| Cash account | Interest Paid Annually | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.0 | 0.0 | 0.0 |
Explanation of terms
Click here for information on Cash Account.
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| Interest Paid Monthly | |||
|---|---|---|---|
| Balance | AER % | Gross % | Net % |
| £1+ | 0.10 | 0.10 | 0.08 |
The above standard interest is paid on the following accounts: Classic, Select, Silver, Gold, Platinum and Premier.
Interest rates are variable.
Explanation of terms
View Classic Account previous rates
View Select Account previous rates
View Gold Account previous rates
| Balance | Interest Paid Monthly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
| £1,000+ | 2.00 | 1.98 | 1.59 |
| £3,000+ | 3.00 | 2.96 | 2.37 |
| £5,000 up to £7,000 | 5.00 | 4.89 | 3.91 |
To get interest paid each month, all you need to do is:
The first £7,000 of your balance will earn the interest rate in the table above. Any balance over £7,000 will receive the standard interest rate for your type of account.
You will also earn the standard interest rate for your account when you don’t meet the conditions above.
Interest rates are variable.
Vantage can be added to Classic, Silver, Gold, Platinum and Premier accounts.
| Balance | Interest Paid Monthly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £0 - £2,500 | 4.00 | 3.93 | 3.14 |
To get interest paid each month, all you need to do is:
You’ll earn our standard interest rate on your account when you don’t meet the condition above.
The first £2,500 of your balance will earn the interest rate in the table above. Any balance over £2,500 will receive the standard interest rate.
Interest rates are variable.
Plus can be added to Classic, Select, Gold, Platinum and Premier accounts.
View Classic Plus Account previous rates
View Select Plus Account previous rates
View Gold Plus Account previous rates
View Platinum Plus Account previous rates
Click here for information about the Classic Account.
Click here for information about the Select Account.
Click here for information about the Silver Account.
Click here for information about the Gold Account.
Click here for information about the Platinum Account.
Click here for information about the Premier Account.
| Graduate account | Interest Paid Monthly | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
| 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 |
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% |
*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.
| Student Account | Interest Paid Annually | ||
|---|---|---|---|
| AER % | Gross % | Net % | |
| £1+ | 0.10 | 0.10 | 0.08 |
| 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 |
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 |
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.
