Lloyds Instant Access Savings Accounts

Lloyds instant access savings account can be opened with as little as £1, and from there on in you can access your money using the bank’s branch networks, online banking and telephone banking, whenever you need it.

 

These features are by no means unique to Lloyds bank instant access savings accounts. You can compare them with some of those being offered by other leading banks and building societies by using the product comparison tables below, which include our selections of the latest deals.

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.30%Instant AccessMore Info >
  • Earn 1.30% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older

1.17%

£1More Info >
  • Earn 1.17% AER (variable)
  • Minimum opening balance of £1
  • Interest paid monthly or annually
  • Open an account singly or jointly
  • Unlimited deposits and withdrawals
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
1.00%Easy AccessMore Info >
  • 1.00% AER on balances up to £1 million
  • Save from £1000 - £1million
  • Monthly interest
  • Manage your account online
  • Unlimited withdrawals
  • Must be UK resident and aged 18 or over
  • New customers only

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Cash ISA Selection
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years

4%

per annum

More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 4% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
Important Information: Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

Like most instant access savings accounts, the one Lloyds bank offers features a variable interest rate. This means that the interest rate moves up and down, either in accordance with the Bank of England base rate or with the polices of Lloyds.

The Lloyds instant access savings account also has another common feature of these kinds of accounts that consumers should be aware of: an introductory bonus. These are usually for the first 12 months, which can make the account attractive - they allow you to earn a higher rate than with other instant access deals, without locking your money away. But you have to remember to switch again when the bonus period comes to an end.  

Before deciding if Lloyds instant access savings accounts are right for you, take a few moments to compare our selection of other top deals in the comparison tables above to see if any other products offer you something better.