Savings calculator

Work out how much you need to save monthly to reach your savings goal or how long it will take you to get there. You can also work out how much you'll have if you save a regular amount each month.

Try out our calculator

Smart Start for children

Smart Start is a Spending and Savings Account for 11 to 15 year olds with parental oversight. Good money habits for your child start here.

More about Smart Start

Helping you understand the Base Rate change

On 3 August 2023, the Bank of England announced an increase in the Bank of England Base Rate from 5.00% to 5.25%.

About the Base Rate

View our range of savings accounts

  • Our cash ISAs help you to earn tax-free interest. Choose between instant access and fixed term accounts, depending on how long you want to save for.

    To learn more about ISAs, read our ISA guide.

    Already have an ISA elsewhere? You can transfer your existing ISA to us.
     

    Account name

    Interest

    Minimum deposit

    How long the account stays open

    Withdrawals

    Account name

    Interest

    4.15%
    AER/tax free fixed.

     

    An extra 0.20% AER/tax free will be added if you already have a Lloyds Bank personal current account that has been opened for a minimum of 40 days.

     

    Choose to have interest paid after each year or each month.

    Minimum deposit

    £3,000

    How long the account stays open

    1 year. Then your account will change to an Instant Cash ISA.

    Withdrawals

    Withdrawal charges apply

    Account name

    Interest

    4.00%

    AER/tax free fixed. 

     

    An extra 0.05% AER/tax free will be added if you already have a Lloyds Bank personal current account that has been opened for a minimum of 40 days.

     

    Choose to have interest paid after each year or each month.

    Minimum deposit

    £3,000

    How long the account stays open

    2 years. Then your account will change to an Instant Cash ISA.

    Withdrawals

    Withdrawal charges apply

    Account name

    Interest

    4.00%

    AER/3.93% tax free variable monthly if you make 3 or less withdrawals.

    1.30%

    AER/1.29% tax free variable monthly if you make 4 or more withdrawals.

    Interest is paid monthly.

    Minimum deposit

    £1

    How long the account stays open

    1 year. Then your account will change to an Instant Cash ISA

    Withdrawals

    Unlimited.

    If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.

    Only available to Club Lloyds current account holders.

    Club Lloyds Advantage ISA Saver

    Account name

    Interest

    1.40%

    AER/tax free on balances from £1 - £24,999.

    1.45%

    AER/tax free on balances from £25,000 - £99,999. 

    1.90%

    AER/tax free on balances of £100,000 or more.

    An extra 0.30% AER/tax free will be added if you already have a Club Lloyds or Private Banking personal current account.

    Interest is variable and paid twice per year. Rate applies to the full balance.

    Minimum deposit

    £1

    How long the account stays open

    1 year. Then your account will change to an Instant Cash ISA

    Withdrawals

    Instant

    Account name

    Interest

    3.15%

    AER/tax free variable.

    Interest is paid after each year.

    Minimum deposit

    £1

    How long the account stays open

    Until the child's 18th birthday. Then the account will change to an adult Cash ISA Saver.

    Withdrawals

    None until the child's 18th birthday

    Account name

    Instant Cash ISA

    If you have an adult cash ISA with us, it will change into this account at the end of its term.

    Interest

    1.40%

    AER/tax free on balances from £1 - £24,999.

    1.45%

    AER/tax free on balances from £25,000 - £99,999.

    1.90%

    AER/tax free on balances of £100,000 or more.

    The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

    Minimum deposit

    £1

    How long the account stays open

    No end date.

    Withdrawals

    Instant

    You cannot apply directly for this account.

    Instant Cash ISA

    For a definition of AER, gross and other terms, view our glossary.

    Tax treatment depends on individual circumstances and may change in the future.

     

  • If you don't need instant access to your savings, our fixed term accounts offer fixed interest rates for a longer period of time. 
     

    Account name

    Interest

    Minimum deposit

    How long the account stays open

    Withdrawals

    Account name

    Interest

    4.15%
    AER/tax free fixed.

     

    An extra 0.20% AER/tax free will be added if you already have a Lloyds Bank personal current account that has been opened for a minimum of 40 days.

     

    Choose to have interest paid after each year or each month.

    Minimum deposit

    £3,000

    How long the account stays open

    1 year. Then your account will change to an Instant Cash ISA.

    Withdrawals

    Withdrawal charges apply

    Account name

    Interest

    4.00%

    AER/tax free fixed.

     

    An extra 0.05% AER/tax free will be added if you already have a Lloyds Bank personal current account that has been opened for a minimum of 40 days.

     

    Choose to have interest paid after each year or each month.

    Minimum deposit

    £3,000

    How long the account stays open

    2 years. Then your account will change to an Instant Cash ISA.

    Withdrawals

    Withdrawal charges apply

    Account name

    Interest

    4.15%

    AER/gross fixed for the one year term.

    4.00%

    AER/gross fixed for the two year term.

     

    An extra 0.20% AER/gross for the one year term or 0.05% AER/gross for the two year term will be added if you already have a Lloyds Bank personal current account that has been opened for a minimum of 40 days.

     

    Interest is paid after each year.

    Minimum deposit

    £2,000

    How long the account stays open

    1 or 2 years. Then your account will change to a Standard Saver.

    Withdrawals

    None, by closure only. Charges apply

    Account name

    Interest

    3.45%

    AER/gross fixed.

    Interest is paid after each year.

    Minimum deposit

    10% of the purchase price of the property

    How long the account stays open

    3 years. Then your account will change to a Standard Saver. See Standard Saver interest rates (PDF, 939KB).

    Withdrawals

    No withdrawals or early closure. You cannot access your money whilst it is being held as security against the Lend a Hand Mortgage.

    Only available if either you or the mortgage applicant have a Club Lloyds current account.

    Lend a Hand Fixed Savings Account

    Account name

    Standard Saver

    If you have a Club Lloyds Saver, Club Lloyds Monthly Saver, Club Lloyds, Advantage Saver, Easy Saver, Monthly Saver, Fixed Bond, Online Fixed Bond or Lend a Hand Fixed Savings Account with us, it will change into this account at the end of its term.

    Interest

    1.40%

    AER/gross on balances from £1 - £24,999.

    1.45%

    AER/gross on balances from £25,000 - £99,999.

    1.90%

    AER/gross on balances of £100,000 or more.

    The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

    Minimum deposit

    £1

    How long the account stays open

    No end date.

    Withdrawals

    Instant

    You cannot apply directly for this account.

    Standard Saver

    Account name

    Instant Cash ISA

    If you have an adult cash ISA with us, it will change into this account at the end of its term.

    Interest

    1.40%

    AER/tax free on balances from £1 - £24,999.

    1.45%

    AER/tax free on balances from £25,000 - £99,999.

    1.90%

    AER/tax free on balances of £100,000 or more.

    The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

    Minimum deposit

    £1

    How long the account stays open

    No end date.

    Withdrawals

    Instant

    You cannot apply directly for this account.

    Instant Cash ISA

    For a definition of AER, gross and other terms, view our glossary.

    Tax treatment depends on individual circumstances and may change in the future.

     

  • Are you a Club Lloyds customer? Your exclusive rates are below.
     

    Account name

    Interest

    Minimum deposit

    How long the account stays open

    Withdrawals

    Account name

    Interest

    4.00%

    AER/3.93% gross variable interest if you make 3 or less withdrawals.

    1.30%

    AER/1.29% gross variable if you make 4 or more withdrawals.

    Interest is paid monthly.

    Minimum deposit

    £1

    How long the account stays open

    1 year. Then your account will change to a Standard Saver.

    Withdrawals

    Unlimited.

    If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.

    Only available to Club Lloyds current account holders.

    Club Lloyds Advantage Saver

    Account name

    Interest

    4.00%

    AER/3.93% tax free variable monthly if you make 3 or less withdrawals.

    1.30%

    AER/1.29% tax free variable monthly if you make 4 or more withdrawals.

    Interest is paid monthly.

    Minimum deposit

    £1

    How long the account stays open

    1 year. Then your account will change to an Instant Cash ISA

    Withdrawals

    Unlimited.

    If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.

    Only available to Club Lloyds current account holders.

    Club Lloyds Advantage ISA Saver

    Account name

    Interest

    1.70%

    AER/gross on balances from £1 - £24,999.

    1.75%

    AER/gross on balances from £25,000 - £99,999. 

    2.20%

    AER/gross on balances of £100,000 or more.

    Interest is variable. Choose to have it paid each month or after a year. Rate applies to the full balance.

    Minimum deposit

    £1

    How long the account stays open

    1 year. Then your account will change to a Standard Saver

    Withdrawals

    Instant

    Only available to Club Lloyds current account holders.

    Club Lloyds Saver

    Account name

    Interest

    6.25%

    AER/gross fixed.

    Interest is paid after a year.

    Minimum deposit

    £25-£400 a month

    How long the account stays open

    1 year. Then your account will change to a Standard Saver.

    Withdrawals

    Instant

    Only available to Club Lloyds current account holders.

    Club Lloyds Monthly Saver

    Account name

    Interest

    1.40%

    AER/tax free on balances from £1 - £24,999.

    1.45%

    AER/tax free on balances from £25,000 - £99,999. 

    1.90%

    AER/tax free on balances of £100,000 or more.

    An extra 0.30% tax free/AER will be added if you already have a Club Lloyds or Private Banking personal current account.

    Interest is variable and paid twice per year. Rate applies to the full balance.

    Minimum deposit

    £1

    How long the account stays open

    1 year. Then your account will change to an Instant Cash ISA

    Withdrawals

    Instant

    Account name

    Standard Saver

    If you have a Club Lloyds Saver, Club Lloyds Monthly Saver, Club Lloyds, Advantage Saver, Easy Saver, Monthly Saver, Fixed Bond, Online Fixed Bond or Lend a Hand Fixed Savings Account with us, it will change into this account at the end of its term.

    Interest

    1.40%

    AER/gross on balances from £1 - £24,999.

    1.45%

    AER/gross on balances from £25,000 - £99,999.

    1.90%

    AER/gross on balances of £100,000 or more.

    The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

    Minimum deposit

    £1

    How long the account stays open

    No end date.

    Withdrawals

    Instant

    You cannot apply directly for this account.

    Standard Saver

    Account name

    Instant Cash ISA

    If you have an adult cash ISA with us, it will change into this account at the end of its term.

    Interest

    1.40%

    AER/tax free on balances from £1 - £24,999.

    1.45%

    AER/tax free on balances from £25,000 - £99,999.

    1.90%

    AER/tax free on balances of £100,000 or more.

    The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

    Minimum deposit

    £1

    How long the account stays open

    No end date.

    Withdrawals

    Instant

    You cannot apply directly for this account.

    Instant Cash ISA

    For a definition of AER, gross and other terms, view our glossary.

    Tax treatment depends on individual circumstances and may change in the future.

     

  • Children's savings accounts are a great way to put money away for your younger ones. Or encourage them to save with their own savings account.
     

    Account name

    Interest

    Minimum deposit

    How long the account stays open

    Withdrawals

    Account name

    Smart Start

    For 11 to 15 year olds who want to save, spend and learn with parental oversight.

     

    As part of Smart Start, the child gets a savings account and a current account.

    Interest

    3.15%

    AER/3.11% gross on balances from £1 - £1,000.

    1.40% 

    AER/1.39% gross on any excess above £1,000.

    Interest on savings account only. Interest is variable and is paid after each month.

    Minimum deposit

    £1

    How long the account stays open

    After the child’s 18th birthday, the savings account will change to an adult Easy Saver. The spending account will change to an adult Classic Account.

    Withdrawals

    Unlimited

    You need a Club Lloyds current account to open this account for your child.

    Smart Start

    Account name

    Junior Cash ISA

     

    For under 18s who want to save for the future.

    Interest

    3.15%

    AER/tax free variable.

    Interest is paid after each year.

    Minimum deposit

    £1

    How long the account stays open

    Until the child's 18th birthday. Then the account will change to an adult Cash ISA Saver.

    Withdrawals

    None until the child's 18th birthday

    Account name

    Child Saver

     

    For adults who want to save for a child aged 15 and under.

    Interest

    3.15%

    AER/3.11% gross on balances from £1 - £5,000.

    1.40%

    AER/1.39% gross on any excess above £5,000.

    The interest rate is variable and it's paid after each month.

    Minimum deposit

    £1

    How long the account stays open

    Until the child's 16th birthday. Then the account will change to an adult Easy Saver.

    Withdrawals

    Unlimited

    Account name

    Standard Saver

    If you have a Club Lloyds Saver, Club Lloyds Monthly Saver, Club Lloyds, Advantage Saver, Easy Saver, Monthly Saver, Fixed Bond, Online Fixed Bond or Lend a Hand Fixed Savings Account with us, it will change into this account at the end of its term.

    Interest

    1.40%

    AER/gross on balances from £1 - £24,999.

    1.45%

    AER/gross on balances from £25,000 - £99,999.

    1.90%

    AER/gross on balances of £100,000 or more.

    The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

    Minimum deposit

    £1

    How long the account stays open

    No end date.

    Withdrawals

    Instant

    You cannot apply directly for this account.

    Standard Saver

    For a definition of AER, gross and other terms, view our glossary.

    Tax treatment depends on individual circumstances and may change in the future.

     

    Looking for more?

    View our full range of youth and student accounts.

    Youth and student accounts

  • Savings offer steady growth.  You can earn variable or fixed interest on the money you put aside. The general rule is to have three months’ worth of living expenses saved up.  Money in an instant access savings account will help cover unexpected costs.

    Investments can be another way to help your money grow. We have a range of investments products for you to choose from. 

    Share Dealing ISA

    Ideal if you’re wanting to pick your own stocks and shares, funds and more. Invest up to £20,000 per tax year and pay no UK tax on profits. 

    Share Dealing ISA

    Investment ISA

    Invest up to £20,000 per tax year and pay no UK tax on profits. You can select between a low, medium or high risk fund. 

    Ready-made Investments

    Please remember that the value of all investments can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. Tax treatment depends on personal circumstances and may be subject to change.

Access your savings whenever you need. Ideal if you want to build your emergency fund to cover unexpected costs.
 

Account name

Interest

Minimum deposit

How long the account stays open

Withdrawals

Account name

Interest

4.00%

AER/3.93% gross variable interest if you make 3 or less withdrawals.

1.30%

AER/1.29% gross variable if you make 4 or more withdrawals.

Interest is paid monthly.

Minimum deposit

£1

How long the account stays open

1 year. Then your account will change to a Standard Saver.

Withdrawals

Unlimited.

If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.

Only available to Club Lloyds current account holders.

Club Lloyds Advantage Saver

Account name

Interest

4.00%

AER/3.93% tax free variable monthly if you make 3 or less withdrawals.

1.30%

AER/1.29% tax free variable monthly if you make 4 or more withdrawals.

Interest is paid monthly.

Minimum deposit

£1

How long the account stays open

1 year. Then your account will change to an Instant Cash ISA

Withdrawals

Unlimited.

If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.

Only available to Club Lloyds current account holders.

Club Lloyds Advantage ISA Saver

Account name

Interest

1.40%

AER/tax free on balances from £1 - £24,999.

1.45%

AER/tax free on balances from £25,000 - £99,999. 

1.90%

AER/tax free on balances of £100,000 or more.

An extra 0.30% AER/tax free will be added if you already have a Club Lloyds or Private Banking personal current account.

Interest is variable and paid twice per year. Rate applies to the full balance.

Minimum deposit

£1

How long the account stays open

1 year. Then your account will change to an Instant Cash ISA

Withdrawals

Instant

Account name

Interest

1.70%

AER/gross on balances from £1 - £24,999.

1.75%

AER/gross on balances from £25,000 - £99,999. 

2.20%

AER/gross on balances of £100,000 or more.

Interest is variable. Choose to have it paid each month or after a year. Rate applies to the full balance.

Minimum deposit

£1

How long the account stays open

1 year. Then your account will change to a Standard Saver

Withdrawals

Instant

Only available to Club Lloyds current account holders.

Club Lloyds Saver

Account name

Easy Saver

If you have a Smart Start savings account with us, it will change into this account at the end of its term.

Interest

1.40%

AER/gross on balances from £1 - £24,999.

1.45%

AER/gross on balances from £25,000 - £99,999. 

1.90%

AER/gross on balances of £100,000 or more.

Interest is variable and paid after a year. Rate applies to the full balance.

Minimum deposit

£1

How long the account stays open

1 year. Then your account will change to a Standard Saver.

Withdrawals

Instant

You can have up to five Easy Saver accounts. You can name each one to help you save for different things.

Easy Saver

Account name

Interest

3.15%

AER/3.11% gross on balances from £1 - £5,000.

1.40%

AER/1.39% gross on any excess above £5,000.

The interest rate is variable and it's paid after each month.

Minimum deposit

£1

How long the account stays open

Until the child's 16th birthday. Then the account will change to an adult Easy Saver.

Withdrawals

Unlimited

Account name

Smart Start

 

As part of Smart Start, the child gets a savings account and a current account.

Interest

3.15%

AER/3.11% gross on balances from £1 - £1,000.

1.40%

AER/1.39% gross on any excess above £1,000.

Interest on savings account only. Interest is variable and is paid after each month.

Minimum deposit

£1

How long the account stays open

After the child’s 18th birthday, the savings account will change to an adult Easy Saver. The spending account will change to an adult Classic Account.

Withdrawals

Unlimited

You need a Club Lloyds current account to open this account for your child.

Smart Start

Account name

Interest

6.25%

AER/gross fixed.

Interest is paid after a year.

Minimum deposit

£25-£400 a month

How long the account stays open

1 year. Then your account will change to a Standard Saver.

Withdrawals

Instant

Only available to Club Lloyds current account holders.

Club Lloyds Monthly Saver

Account name

Interest

5.25%

AER/gross fixed.

Interest is paid after a year.

Minimum deposit

£25-£250 a month

How long the account stays open

1 year. Then your account will change to a Standard Saver.

Withdrawals

Instant

Account name

Standard Saver

If you have a Club Lloyds Saver, Club Lloyds Monthly Saver, Club Lloyds, Advantage Saver, Easy Saver, Monthly Saver, Fixed Bond, Online Fixed Bond or Lend a Hand Fixed Savings Account with us, it will change into this account at the end of its term.

Interest

1.40%

AER/gross on balances from £1 - £24,999.

1.45%

AER/gross on balances from £25,000 - £99,999.

1.90%

AER/gross on balances of £100,000 or more.

The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

Minimum deposit

£1

How long the account stays open

No end date.

Withdrawals

Instant

You cannot apply directly for this account.

Standard Saver

Account name

Instant Cash ISA

If you have an adult cash ISA with us, it will change into this account at the end of its term.

Interest

1.40%

AER/tax free on balances from £1 - £24,999.

1.45%

AER/tax free on balances from £25,000 - £99,999.

1.90%

AER/tax free on balances of £100,000 or more.

The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

Minimum deposit

£1

How long the account stays open

No end date.

Withdrawals

Instant

You cannot apply directly for this account.

Instant Cash ISA

For a definition of AER, gross and other terms, view our glossary.

Tax treatment depends on individual circumstances and may change in the future.

 

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).