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Monthly Saver

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Get your hands on your money without losing interest

Receive unlimited instant access to your savings with no penalties and enjoy a fixed interest rate of 4.55% AER* for one year‡. Control the amount you save each month, between £25 and £250 – and watch your money grow.

4.55% AER fixed rate for one year‡

Instant access with no penalties

Deposit up to £500 in first 7 days

Open a Monthly Saver at your local branch, or call us on 0845 3 002 758**.

If you don’t have a current account with us, it’s easy to 
switch to Lloyds TSB.

Monthly Saver important information                                                               Find a Lloyds TSB branch

Features & Benefits

You’ll enjoy:

  • an annual rate, fixed for one year‡,
  • flexibility - start with an opening balance of anything up to £500, then put aside £25 to £250 a month by standing order,
  • simplicity - open one Monthly Saver and get the same great rate, however much you save,
  • instant access to your money with no penalties,
  • make as many withdrawals as you like to your Lloyds TSB current account, although you can only pay in once a month by standing order and cannot replace what you’ve withdrawn,
  • the convenience of seeing your balance online and changing your standing order any time you like if you have Internet banking,
  • open to new and existing current account customers,
  • continued growth – at the end of the term your account will convert to a Guaranteed Tracker.

View Monthly Saver interest rates.

How do I apply?

If you have a Lloyds TSB current account you can open a Monthly Saver.  Get started with anything up to £500, then set up a standing order for £25 to £250 a month.

Apply by phone
Call 0845 3 002 758** and we'll complete your application with you.
Monthly Saver important information.

At your local branch
Visit your local branch and we'll open the account for you.

* 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.

** We may monitor or record calls in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Lines are open 8am-10pm Monday to Friday, and 8am-4pm Saturday.
‡ Monthly Saver accounts opened prior to 12 March 2007 have interest fixed for a 2 year period.