Fixed term reinvestment

If you’ve got a fixed term  savings account which is about to mature and would like to reinvest your balance and any interest it’s earned, follow these simple steps once you have looked at the table of products below:

  • Please log in to Internet Banking to provide your instructions. If your maturing account is an ISA, you will need to provide us with your ISA maturity instructions.
  • You will need to provide your maturity instructions at least 5 working days before your maturity date to allow us to carry out your request on the day your account matures (this date can be found on your letter).
  • Please note the new interest rate you will receive will be the rate that is in effect on the date your existing account matures.
  • If your account matures on a Friday, weekend or bank holiday, you won't see your requested changes in Internet Banking until the next working day.
  • Once your request is complete we will send you a Certificate of Investment confirming the term and interest rate on your new account.
Additional options for Non-Online accounts

If you wish to add more, withdraw money, or close your account, or if you're account is due to mature in less than 5 working days you can do this by calling 0345 603 5042Call telephone number 0345 603 5042. Lines are open Monday to Friday 8am to 8pm and Saturday 8am to 4pm. Alternatively you can visit your local branchof Lloyds with proof of identity.

Options for accounts that have already matured

If your fixed term account has already matured and you have not yet reinvested your funds, you can open a new fixed term savings account and transfer your funds from a Standard Saver account or alternatively you can renew to an instant access account.

Account name Features Interest rate
Online Fixed Bond
  • Save for 2 years
  • Fixed rate of interest so you know exactly how much you'll earn
  • An initial deposit of £2,000 will need to be made to open the account
  • You have 10 days from account opening to fund the account
  • Interest is paid annually
  • You cannot make any further deposits or withdrawals after the account is opened and there is no cancellation period
  • You need a Lloyds Bank current account to open an Online Fixed Bond
  • Your Online Fixed Bond will automatically change to a Standard Saver account on maturity. See Standard Saver interest rates (PDF).
  • View your account online
0.55% gross/AER fixed on balances of £2,000+ for a 2 year term
Fixed Bond
  • Put your money away for fixed terms of 2 years and be sure of the return on your money
  • Interest can be paid monthly or annually
  • Start saving from £2,000
  • You have 10 days from account opening to fund the account
  • No withdrawals or additional deposits allowed and no cancellation period once the account has been funded
  • Your Fixed Bond will automatically change to a Standard Saver account on maturity. See Standard Saver interest rates (PDF).
0.55% gross/AER fixed on balances of £2,000+ for a 2 year term

Provide your instructions through Internet Banking by selecting your option under “more actions” in your account overview.

Log in to provide your instructions

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