support linkspage contentuseful information navigation
Personal banking > Savings 
 

Savings accounts

Savings made easy
We can help you reach your savings goals with our large range of savings accounts. View the accounts you can apply for online and compare all accounts available to you. If you're an existing customer we have information to help you make the most out of your account.

2012/2013 accounts you can apply for online today

  

Minimum opening deposit

Interest Rate up to

 

Cash ISA Saver image

Cash ISA Saver

Make the most of your tax-free cash ISA allowance with easy access to your savings when you need them. Includes a fixed introductory bonus of 1.65% payable for 18 months from the date of account opening.

£1

2.65% Tax Free/AER variable

Apply online

Fixed Rate ISA Saver

Two Year Fixed Rate Cash ISA

Get more from your tax-free savings by moving your current cash ISA to a Fixed Rate Cash ISA. Interest rate is fixed for 24 months from account opening.

Minimum opening balances is £3,000, but Interest is paid from £1.

Up to 3.70% Tax Free/AER (on balances of £10,000 or more)

Apply online

eSavings Account

eSavings Account

Instant online access savings account offering a variable interest rate. Interest rate includes a 12 month fixed bonus of 1.5%.

£1

2.50% gross/AER

Apply online

Easy Saver

Easy Saver

A simple savings account that you can open online in just a few clicks. Variable interest rate includes a 12 month fixed bonus of 1.5%.

£1

1.60% gross/AER

Apply online

Advantage Saver

Advantage Saver

Exclusive to Silver, Gold, Platinum or Premier current account holders offering you instant access to your money. Variable interest rate includes a 12 month fixed bonus of 0.80%.

£1

1.80% gross/AER

Apply online or by phone
Monthly SaverMonthly Saver

If you've got a Lloyds TSB current account you can save from £25 to £250 per month and enjoy instant access with a great fixed rate for twelve months from account opening.

£25

2.00% gross/AER

Apply online, by phone or in branch

Useful information

  • Compare savings account
    If you can't decide what savings account is for you, go to compare savings accounts to view all the accounts we offer and information about them.
  • Savings account rates
    Find out information on savings account rates.
  • Savings calculator
    Our savings calculator can help you plan your finances.

2012/2013 Tax Free Cash ISAs

Account name
Interest rate up to (TAX free/AER)
Interest paid on balances over
Access
Interest paid
Ways to manage your account
 

Cash ISA Saver

2.65 tax free/AER variable4
£1
Instant
Yearly
Find out more about the Cash ISA Saver account
2 Year Fixed Rate Cash ISA
Up to 3.70% 
Tax Free / AER
Interest is paid from £1 but the minimum opening balance is £3,000.
Withdrawals allowed but incur a loss of interest charge
Yearly
Find out more about the Fixed Rate Cash ISA Saver account
3 Year Fixed Rate Cash ISA
Up to 3.85% Tax Free/AER fixed
Interest is paid from £1 but the minimum opening balance is £3,000.
Withdrawals allowed but incur a loss of interest charge
Yearly
Find out more about the Fixed Rate Cash ISA Saver account
4 Year Fixed Rate Cash ISAUp to 3.90% Tax Free/AER fixed Interest is paid from £1 but the minimum opening balance is £3,000.
Withdrawals allowed but incur a loss of interest charge
Yearly
Find out more about the Fixed Rate Cash ISA Saver account

Junior Cash ISA

3.00% Tax free/AER variable£1+Restricted, no withdrawals until the child is 18.Yearly
Find out more about the Junior Cash ISA account

4 This rate includes a fixed introductory bonus of 1.65% for the first 18 months from account opening.
5 Charge equivalent to 160 days tax free interest on the amount withdrawn.

Instant access savings

Account name
Interest rate (including any bonus)
Interest paid on balances over
Access
Interest paid
Ways to manage your account
 
2.50% gross/AER variable1
£1
Instant
Yearly
Find out more about the eSavings account
1.60% gross/AER variable1
£1
Instant
Yearly
Find out more about the Easy Saver account
2.00% gross/AER fixed
£25
Instant
Yearly
Find out more about the Monthly Saver account
1.80% gross/AER variable2
£1
Instant
Monthly or Yearly
Find out more about the Advantage Saver account

Interest rates quoted are for interest paid annually.

1 Including a fixed introductory twelve month bonus of 1.50%.
2 Including a fixed introductory twelve month bonus of 0.80%.

Fixed Term Savings

Account name
Interest rate
Interest paid on balances over
Access
Interest paid
Ways to manage your account
 

3.95% gross/AER

fixed
£2,000
At maturity
Yearly or monthly
Find out more about the Term Deposit account

3.25% gross / 3.30% AER variable

£2,000
At maturity
Monthly
Find out more about the Tracker Bond

Savings for kids

Account name
Interest rate up to
Interest paid on balances over
Access
Interest paid
Way to manage your account
 
2.97% gross / 3.00% AER
£1
Instant
Quarterly
Find out more about the Young Saver account


Key:


 Online  Branch  Telephone

Tax free savings accounts

You can save up to £5,640 in the 2012/13 tax year with one of our cash ISA accounts and feel comfortable in the knowledge that your savings are tax free. Here are the cash ISA savings accounts available.

  

Minimum opening deposit

Interest Rate up to

 

Cash ISA Saver image

Cash ISA Saver

Make the most of your tax-free cash ISA allowance with easy access to your savings when you need them. Includes a fixed introductory bonus of 1.65% payable for 18 months from the date of account opening.

£1

2.65% Tax Free/AER variable

Apply online

Fixed Rate ISA Saver

Two Year Fixed Rate Cash ISA

Get more from your tax-free savings by moving your current cash ISA to a Fixed Rate Cash ISA. Interest rate is fixed for 24 months from account opening. Withdrawal charges apply.

Minimum opening balances is £3,000, but Interest is paid from £1.

 

Up to 3.70% Tax Free/AER (on balances of £10,000 or more)

Apply online
Fixed Rate ISA Saver RangeThree & Four Year Fixed Rate Cash ISA

Earn the same rate of interest on your tax free savings by moving your existing cash ISA  to one of our fixed interest rate cash ISA savings accounts. You have the choice of a 3 and 4 year term.
Minimum opening balance is £3,000, but Interest is paid from £1.Up to 3.90% Tax Free/AER fixed
(on balances of £10,000 or more)
Find out more

Junior Cash ISA

A simple way to build savings that will come of age with your child. Open your Junior Cash ISA with just £1.

£13.00%Tax free/ AER variableFind out more

Need help choosing the right ISA? We have some tips for helping you decide which ISA is best for you.

What is an ISA?

ISA’s (Individual Savings Account) were set up by the Government, as a simple way for you to save money while taking advantage of not having to pay tax on your earnings. You can save up to £5,640 tax free in the 2012/13 tax year, which means you don’t have to pay tax on the interest you earn with a cash ISA. With a stocks and shares ISA you have no personal liability to income tax or capital gains tax. We explain more about ISAs in our ISA advice and guidance section.

What are the benefits of having a cash ISA?

There are several benefits to having an ISA:

  • Simple to open.
  • Access to your money.
  • Save as little or as much as you want to each month without exceeding the annual ISA allowance. You will not be notified if you go over the limit and will need to manage your account.
  • Easy to manage through our Internet Banking service.
  • Tax free savings accounts - by using one of our ISA accounts you won’t pay tax on your savings.

Our top tips on how to make the most of your ISA allowance

  • Think about whether you've got money tucked away in current accounts or other savings accounts that you could put into an ISA and not pay tax on your earnings.
  • Start your ISA saving early in the tax year so that you benefit from the tax advantages for longer.
  • Remember if you withdraw any money, you cannot replace it in the same tax year if you have already used your full ISA allowance. For example, if you save £5,640 then take out £500, you cannot make another deposit until the next tax year.

Tax treatment depends on your individual circumstances and may change.

If you already have a Lloyds TSB savings account, then you'll find the following information useful for making the most out of your account.

Account benefits

  • Save the Change®. Register for Save the Change® and every time you make a purchase with your Lloyds TSB Visa debit card, we'll round up the amount you spent to the nearest pound.
  • Turn off paper statements. Quickly find what you are looking for - search your statements instantly. Cut down on paperwork by stopping your postal statements.
  • Transfer money from a non Lloyds TSB account with our savings transfers form, simply complete and take into your nearest branch.
  • Set up a standing order. Saving regularly from your current account is the easy way to grow your savings.
  • Personalised account name. You can rename your account to suit you, such as 'holiday', 'rainy day' or simply 'savings'. All you need to do is click on your account in Internet Banking and change the account name.
  • Transfer money instantly between your savings and Lloyds TSB current account.

Our most asked savings account questions

1. Do I need to pay tax on my savings? Yes, if you are a tax payer. However, Individual Savings Accounts (ISAs) are a flexible tax-efficient way to invest in cash, stocks and shares (including Unit Trusts, OEICS & Investment Trusts). You can save up to £5,640 tax free in the current tax year with a cash ISA. A tax year runs from 6 April one year to 5 April the next. For non ISA accounts you can register for gross interest in branch or by completing an HMRC R85 form if you are a UK resident non tax payer.

2. Where can I access account terms and conditions? You can access terms and conditions for your account from each product page. These will be named for example 'View eSavings Account important information'.

3. How do I stop receiving paper statements? To stop receiving paper statements, use the 'Go paperless' link on your account statement page. Follow the instructions, then click to confirm.

4. Are my savings safe? The Financial Services Compensation Scheme protects up to £85,000 (or £85,000 each for joint account holders - £170,000 altogether) of the deposits in savings and current accounts you have with each separately licensed bank. Information on the Financial Services Compensation Scheme and full details of the companies covered by the different banking licenses are available here: Financial Services Compensation Scheme (FSCS).

5. Can I view previous rates for all savings accounts? Yes, you can view all
previous rates here.

6. When does my bonus come to an end? You can check when you opened your account by logging into Internet Banking and looking back at your statement to see when you opened the account. This will help you understand when your bonus comes to an end.

7. Where can I find my current interest rate? Log into Internet Banking and click on your savings account name. Here you will find a link that reads 'View interest rates and account details'. A dropdown of your interest rate will appear. Register today for Internet Banking.

If our top 7 most asked account questions don't help you, use our online help tool or call us.

Let us help you

Let us help you

Joint Savings Account                                Meet Billy and Stan

Joint accountsJoint savings accounts can help you save towards your shared goals such as holidays, a large purchase, or even a deposit on a house.
Find out more
 
Meet Billy and Stan

We've created some fun games and stories to help children learn about money and encourage them to develop good savings habits.
Find out more
 

Save the Change® is a registered trademark of Lloyds TSB Bank plc.

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 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. Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
* Includes an introductory bonus of 1.50% AER/Gross, payable for 12 months from the date of account opening.

† Includes a 12 month introductory bonus of 0.80% AER (interest paid monthly or yearly).