If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us. You can use our coronavirus support tool to find the right solution for your needs and confirm what you would like to do in a few simple steps.
you must not have opened a Club Lloyds Monthly Saver in the last 12 months
you can only have one Club Lloyds Monthly Saver and this must be opened in your sole name. You can make it joint by going into branch or calling us after you've opened it
you can save £25-£400 every month by one standing order. This needs to be in your account before the 25th of the month
if you close the account within 12 months of opening it, you won’t be able to open another one until after the anniversary date
after 12 months, your account will change to an Easy Saver.
5. Can I withdraw money?
Yes. You can make as many withdrawals as you like and there are no charges for doing so.
Please note, if you withdraw money you will not be able to replace it. This is because you can only make one deposit of £25-£400 each month by standing order.
You can transfer money out of the account online, but only to another Lloyds Bank account.
6. Additional information
Savings terms explained
Gross rate means we won’t deduct tax from the interest we pay on money in your account. You will need to pay any tax you may owe to HM Revenue & Customs (HMRC).
AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year.