Save the Change® makes saving so easy you’ll forget you’re doing it. Every time you spend with your Lloyds Bank Visa debit card, the amount will be rounded up to the nearest pound and transferred to the Lloyds Bank savings account of your choice.
You can register for Save the Change® in moments online if:
If you have a Lloyds Bank current account and eligible Lloyds Bank 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 payable after allowing for the deduction of income tax at the rate specified by law (currently 20%).
Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law (currently 20%).
Tax-free 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 Bank 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 Bank current account.
Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority except for lending where we are licensed by The Office of Fair Trading. Authorisation can be checked on the Financial Services Register at www.fca.org.uk. Lloyds Bank plc is a member 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 Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065.
Calls may be monitored and recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.
PhoneBank® is a registered trademark of Lloyds Bank plc.