Save the Change™ makes saving so easy you’ll forget you’re doing it. Every time you spend with your Lloyds TSB Visa debit card, the amount will be rounded up to the nearest pound and transferred to the Lloyds TSB savings account of your choice.
You can register for Save the Change™ in moments online if:
If you have a Lloyds TSB current account and eligible Lloyds TSB savings account, you can register for Save the Change™ by calling 0845 3 000 000 or in your local branch. Find your local branch.
You can open an eligible savings account online, over the phone on 0845 3 000 000, or in your local branch. Find your local branch.
AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts.
Net rate is the rate of interest the account pays after lower rate tax has been deducted. If you are a non-taxpayer, you can reclaim the tax by completing an HMRC 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 HMRC R85 form.
The tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.
You can register for Save the Change™ in seconds if you have a Lloyds TSB current account and an eligible savings account, and you’re registered for Internet Banking.
To register for Save the Change™ over the phone, just call us on 0845 3 000 000.
You can open an eligible savings account online, by phone on 0845 3 000 000, or in your local branch.
To register for Save the Change™, you need to have a Lloyds TSB current account.
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority except for lending where we are licensed by The Office of Fair Trading. FSA authorisation can be checked on the FSA’s Register at: www.fsa.gov.uk/register. Lloyds TSB Bank plc and Lloyds TSB Scotland plc are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service. We subscribe to the Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk.
If your non savings income is less than your personal allowance you may qualify for the 10% savings tax rate, we will still pay your interest net of tax (with income tax taken off - currently 20%). If you think that this may apply to you, you should complete HMRC form R40, available on HMRC website or your tax office.
Lloyds TSB Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds TSB Scotland plc. Registered office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH. Registered in Scotland No. SC 95237.
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