| Amount Invested | Annual Interest | ||
|---|---|---|---|
| AER/Gross %* | Net% | Interest Rate Guarantee | |
| £1+ | 1.60 | 1.28 | We guarantee to pay you an annual interest rate that 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%) |
| Amount Invested | Annual Interest | ||
|---|---|---|---|
| AER/Gross % | Net % | Interest Rate Guarantee | |
| £1+ | 0.10 | 0.08 | The interest rate tracks at 1.50% below the Bank of England base rate until 31 December 2010 (but will never be less than 0.10%) |
* Includes a fixed introductory bonus of 1.50% AER, payable for 12 months from the date of account opening. At the end of the bonus period, rates without bonus will apply. Please see the ‘without bonus’ table for current rates.
Explanation of terms
AER means Annual Equivalent Rate. AER illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.
Net rate is the rate payable after the deduction of lower rate tax (which may be reclaimed by non-taxpayers on completion of an Inland Revenue R85 form). As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.
Gross rate means that credit interest is paid without income tax being deducted. You can receive your interest paid gross if you are a non-tax payer and have completed an Inland Revenue R85 form.
As an Easy Saver Account holder you can take advantage of the many Lloyds TSB services that we have on offer to help you get the most from your money.
Apply online
As long as you're registered for Internet Banking you can open an account in just a few clicks with as little as £1.
By phone
Whether you are a new or existing customer call us on 0845 730 1400† Monday - Friday 8am to 10pm and 8am to 6pm on weekends.
At your local branch
Open an account with a £1 deposit at your local branch.
