Island Savings
There are many ways to save. We’ll show you what to consider when putting your money away for the future.
Compare our savings accounts to find the right one for you.
Savings
Our savings accounts are designed for customers in Jersey, Guernsey, Alderney and the Isle of Man.
|
Account name |
Features and benefits |
Interest rate
|
Access |
Minimum deposit |
|
|---|---|---|---|---|---|
Account nameIsland Bonus Saver Account |
Features and benefitsAn interest bonus for the first 12 months. |
Interest rateUp to 1.55%/1.56 GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./AERAERAER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time. variable |
AccessInstant |
Minimum deposit£5,000 |
|
Account nameIsland Fixed Rate Deposit |
Features and benefitsInterest rate fixed for one year |
Interest rateUp to 4.05% GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./AERAERAER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time. |
AccessAt the end of the term |
Minimum deposit£2,000 |
|
Account nameIsland Instant Access |
Features and benefitsA straight forward account that lets you withdraw your money when you want to without penalty. |
Interest rateUp to 1.08% GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./AERAER RATEAER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time. variable |
AccessInstant |
Minimum deposit£0 |
|
Account nameIsland Regular Savings Account |
Features and benefitsSave money regularly and be rewarded for fewer withdrawals. |
Interest rateUp to 1.68% GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./AERAER RATEAER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time. variable |
AccessInstant |
Minimum deposit£0 |
|
Account nameIsland First Account |
Features and benefitsA straightforward savings account for children aged 17 or under. |
Interest rateUp to 2.43% GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./2.45% AERAER RATEAER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time. variable |
AccessInstant |
Minimum deposit£1 |
|
Account nameInternational Bonus Saver |
Features and benefitsA US Dollar/Euro account with an interest bonus for the first 12 months. |
Interest rateUSD - up to 1.55% /1.56% GrossGross rateThe contractual rate of interest payable before deduction of income tax at the rate specified by law./AERAER RATEAER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time. variable. |
AccessInstant |
Minimum depositUS$5,000, €5,000 |
|
Account nameFixed Term Deposit |
Features and benefitsGBP and USD Fixed terms up to 1 Year |
Interest rate |
AccessAt the end of the term |
Minimum deposit£2,000, $2,000, €2,000 |
Other services
|
Account name |
Features and benefits |
Interest rate
|
Access |
Minimum deposit |
|
|---|---|---|---|---|---|
Account nameSave The Change |
Features and benefitsRound up payments on your Lloyds Bank VISA debit card and put the differ rence in a savings account. |
Interest rateN/A |
AccessInstant |
Minimum depositN/A |
These savings account are designed for customers living in the Channel Islands or the Isle of Man.
Information on our savings accounts for customers in the United Kingdom.
Savings accounts no longer available to new customers
Current interest rates
Current interest rates for accounts closed to new and existing customers (PDF, 144KB)
Terms and conditions
Customer Relationship Agreement PDF (Lloyds Bank Corporate Markets plc) (PDF, 384KB)
Account terms and conditions (PDF, 306KB)