Open an account today with as little as £1.
|AERCloseAERAER 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. / GrossCloseGrossGross rate means we will not deduct tax from the interest we pay on money in your account. It’s your responsibility to pay any tax you may owe to HM Revenue and Customs (HMRC).CloseNetNet rate is the rate of interest the account pays after basic rate tax has been deducted. If you are unlikely to pay tax on your savings income you can request your interest to be paid gross 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.|
These interest rates are correct as at 01/09/2016. Interest rates are variable. See previous interest rates.
Accounts opened will receive the rates above for 12 months from the date of account opening. After 12 months the account will automatically change to a Standard Saver. See Standard Saver interest rates.
Post 6th April 2016 your interest will be paid Gross, this means that we will not deduct tax automatically from your interest. Depending on your personal circumstances, you may need to pay tax on the interest you earn and it will be your responsibility to pay any tax you may owe to HM Revenue and Customs (HMRC).
There are many things you can do to make the most of your Easy Saver account:
Register for Save the Change and make saving easy. When you buy something with your Lloyds Bank Visa debit card (and your account is in credit), the amount can be rounded up to the nearest pound, and the difference transferred to your Easy Saver account, or any other Lloyds Bank savings account.
Saving regularly from your current account is the easy way to grow your savings.
Simply complete a savings transfer form(PDF, 175 kB) Opens in a new browser window and take it to your local branch.
You can change the name of your Easy Saver account to suit you, such as 'holiday', 'rainy day' or simply 'savings'. (The name you choose will only appear in Internet Banking and not on your statements).
You can search your statements instantly and cut down on paperwork when you turn off paper statements.
Adding a second party to your savings account is a convenient way to budget for holidays and special purchases together.
|Account name||Easy Saver|
|Interest rates (AERs)||
Variable interest paid annually.
We will pay your interest gross, which means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs (HMRC). Find out more about how we pay your interest.
|Conditions for bonus payments||Not applicable.|
No notice period.
Instant access with no loss of interest.
|Access to your account||Online, by phone, in branch, and optional Cashpoint® card.|
If you have a Lloyds Bank current account, you can open an Easy Saver or a joint Easy Saver through Internet Banking.
Whether you’re a new or existing customer, call us on
Lines are open 7am–10pm Mon–Fri, 8am–6pm Sat–Sun
Open an account with as little as £1 at your local branch.
To set up an account online you’ll need to be 16 or over and resident in the UK.