Club Lloyds Saver

Save as much or as little as you like with our exclusive savings account for Club Lloyds customers.

Read the summary box before applying

Who this account is for

  • It's only available to Club Lloyds current account holders.
  • You need to be aged 18 or over and a UK resident.
  • Ideal if you want to be flexible with when and how much you save.

The benefits

  • Earn up to 1.65% AER/gross variable interest. The rate depends on your balance. See summary box for details. 
  • You can make it joint by going into branch or calling us after you've opened it.
  • You can have up to five Club Lloyds Saver accounts.

How it works

  • Open with just £1.
  • You can transfer money out of the account online but only to another Lloyds account in your name. You can withdraw your money in branch.
  • After 12 months, we'll change your account to a Standard Saver.

Summary box for the Club Lloyds Saver

  • Interest rates table

    Your balance

    Gross monthly interest

    AER (monthly interest)

    Gross annual interest

    AER (annual interest)

    Your balance

    £1 to £24,999

    Gross monthly interest

    1.39%

    AER (monthly interest)

    1.40%

    Gross annual interest

    1.40%

    AER (annual interest)

    1.40%

    Your balance

    £25,000 to £99,999

    Gross monthly interest

    1.49%

    AER (monthly interest)

    1.50%

    Gross annual interest

    1.50%

    AER (annual interest)

    1.50%

    Your balance

    £100,000+

    Gross monthly interest

    1.64%

    AER (monthly interest)

    1.65%

    Gross annual interest

    1.65%

    AER (annual interest)

    1.65%

    The interest rate is variable. Choose to have your interest paid each month or after a year. The rate applies to the full balance.

  • Yes. As this account pays a variable rate of interest it can change over time. We’ll always let you know of any planned changes to the rate. Our terms and conditions (PDF, 52KB) explain when and how we do this. For example, we might review the interest rate if the Bank of England base rate changes.

    We’re making some changes to our conditions on 02 June 2025. For details, see our guide to changes (PDF, 80KB).

  • For example, if you deposit £1,000.00 when you open the account, the balance after 12 months will be £1,014.00.

    If you deposit £25,000.00 when you open the account, the balance after 12 months will be £25,375.000.

    If you deposit £100,000.00 when you open the account, the balance after 12 months will be £101,650.00.

    This assumes:

    • the interest rate stays the same for 12 months
    • interest is paid 12 months after you open the account
    • you make your deposit on the day you open the account and you don't add more money after that
    • you don't withdraw any money or interest.

  • This account can be opened and managed:

    • online
    • in our app
    • in branch
    • by phone.

    You can open the account if you’re:

    • aged 18 or over
    • a UK resident
    • a Club Lloyds customer.

    To be a Club Lloyds customer, you must have one of the following current accounts:

    • Club Lloyds.
    • Club Lloyds Silver.
    • Club Lloyds Gold.
    • Club Lloyds Platinum.
    • Club Lloyds Premier.
    • Club Lloyds Mayfair Current account.
    • Club Lloyds Mayfair High Interest Cheque account.
    • Club Lloyds Private Banking Premier Current account.
    • Club Lloyds Private Banking account.

    If your Club Lloyds current account is a Mayfair or Private Banking account, you cannot open this account online. Call us on 0345 300 2750 to apply. Lines are open 8am to 8pm, 7 days a week.
    Not all Telephone Banking services are available 24 hours a day, 7 days a week.

    You must make online applications in your sole name. You can make it joint by going into branch or calling us after you've opened it.

    You can open the account with between £1 and £9 million.

    You can have up to five Club Lloyds Saver accounts and name each one.

  • Yes. You can make as many withdrawals as you like from this account and there are no charges for doing so. You can withdraw your money in any of our branches.

    You can transfer money out of the account online but only to another Lloyds account in your name.

    After 12 months, we'll change your account to a Standard Saver. Before this happens, we’ll contact you to explain your options and next steps.

  • Savings terms explained

    AER

    AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account that shows an interest rate, you'll 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.

    Gross rate

    This means we won’t remove tax from the interest we pay on money in your account. You’ll need to pay any tax you may owe to HM Revenue & Customers (HMRC).

    For more definitions, view our glossary.

Open a Club Lloyds Saver today

Read the summary box and the terms and conditions (PDF, 52KB) before you start.

We’re making some changes to our conditions on 02 June 2025. For details, see our guide to changes (PDF, 80KB).

 

It's simple in our app

Scan the QR code to get it.

You must be registered for online banking to apply in the app.

Once you’re in, select Apply, Savings then Club Lloyds Saver.

Apply online

Whether you're an existing customer or not, you can apply on our website.

Open with annual interest

Open with monthly interest

It's simple in our app

You must be registered for online banking to apply in the app.

Once you’re in, select Apply, Savings, then Club Lloyds Saver.

Get the app

Apply online

Whether you're an existing customer or not, you can apply on our website.

Open with annual interest

Open with monthly interest


We’re making some changes to our conditions on 02 June 2025. For details, please see our guide to changes (PDF, 80KB).

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