Lloyds Bank’s top savings rates get… rated

Lloyds Bank offers a broad range of savings accounts with interest rates up to 6.25%.

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Lloyds Bank

Despite declining branch numbers, Lloyds Bank remains one of the most trusted names in British banking. But can you trust it to offer decent savings rates? We've broken down Lloyds' current range by type and held its best rates up against the market leaders right now. Lloyds Bank's top savings rate of 6.25% is available on one of its regular savings accounts.

Easy access savings accounts

Table: sorted by interest rate
Lloyds Bank's best easy access rate of 4% is significantly lower than today's market-best rate of 7.49%.
1 - 5 of 9
Name Product Account type Withdrawals Min. opening balance Interest rate Deposit protection Open via Incentive Apply link
Lloyds Bank – Club Lloyds Advantage Saver
Variable
Instant access
£1
4% AER variable
FSCS logo
protected
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Lloyds Bank – Club Lloyds Advantage ISA Saver
Cash ISA
Instant access
£1
4% AER variable
FSCS logo
protected
Open via: branch, website, mobile app, telephone
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Lloyds Bank – Club Lloyds Saver
Variable
Instant access
£1
1.7% AER variable (on first £24,999)
FSCS logo
protected
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Lloyds Bank – Club Lloyds Saver
Variable
Instant access
£1
1.7% AER variable (on first £24,999)
FSCS logo
protected
Open via: branch, website, mobile app, telephone
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Lloyds Bank – Cash ISA Saver
Cash ISA
Instant access
£1
1.7% AER variable (on first £24,999)
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protected
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Cash ISAs

Table: sorted by interest rate
Lloyds Bank's best cash ISA rate of 4.45% is slightly lower than today's market-best rate of 5.1%.
1 - 5 of 12
Name Product Interest rate Minimum investment Interest paid Withdrawals Deposit protection Open via Incentive Table product description Apply link
Lloyds Bank – 1 Year Fixed Rate Cash ISA
4.45% AER fixed for 1 year
£3,000
Monthly
Instant access (charge applies )
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protected
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Lloyds Bank – 1 Year Fixed Rate Cash ISA
4.45% AER fixed for 1 year
£3,000
Anniversary of account opening
Instant access (charge applies )
FSCS logo
protected
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Lloyds Bank – 1 Year Fixed Rate Cash ISA
4.35% AER fixed for 1 year
£3,000
Anniversary of account opening
Instant access (charge applies )
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protected
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Lloyds Bank – 1 Year Fixed Rate Cash ISA
4.35% AER fixed for 1 year
£3,000
Monthly
Instant access (charge applies )
FSCS logo
protected
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Lloyds Bank – 2 Year Fixed Rate Cash ISA
4.05% AER fixed for 2 years
£3,000
Monthly
Instant access (charge applies )
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Fixed-rate bonds

Table: sorted by interest rate
Lloyds Bank's best fixed-rate bond rate of 4.45% is slightly lower than today's market-best rate of 5.5%.
1 - 4 of 4
Name Product Interest rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description Apply link
Lloyds Bank – Online Fixed Bond
4.45% AER fixed for 1 year
£2,000 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, website, telephone
FSCS logo
protected
Open via: branch, website, telephone
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Lloyds Bank – Online Fixed Bond
4.35% AER fixed for 1 year
£2,000 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, website, telephone
FSCS logo
protected
Open via: branch, website, telephone
Go to site
View details
Lloyds Bank – Online Fixed Bond
4.05% AER fixed for 2 years
£2,000 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, website, telephone
FSCS logo
protected
Open via: branch, website, telephone
Go to site
View details
Lloyds Bank – Online Fixed Bond
4% AER fixed for 2 years
£2,000 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, website, telephone
FSCS logo
protected
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Regular savings accounts

Table: sorted by interest rate
Lloyds Bank's best regular savings account rate of 6.25% is lower than today's market-best rate of 8%.
Name Product AER Save Withdrawal notice Interest paid Deposit protection Open via Incentive Apply link
Lloyds Bank – Club Lloyds Monthly Saver
6.25% fixed for 1 year (on first £4,800)
£25 to £400 per month
1 year bond
Anniversary of account opening
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protected
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Lloyds Bank – Monthly Saver
5.25% fixed for 1 year (on first £3,000)
£25 to £250 per month
1 year bond
Anniversary of account opening
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Business savings accounts

Table: sorted by interest rate
Lloyds Bank's best business savings account rate of 5.01% is very slightly lower than today's market-best rate of 5.25%.
Name Product Interest rate and type Interest paid Invest Term Open via Incentive Table product description Apply link
Lloyds Bank – Term Deposit 4.9.25
5.01% AER fixed
On maturity
£10,000 - £5,000,000
04.09.25
Open via: website, telephone
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Lloyds Bank – 95 Day Notice Account
4.08% AER variable
Daily
£10,000 - £5,000,000
95 days notice
Open via: website, telephone
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What is Lloyds Bank's best savings account with the highest interest rate?

The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.

Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Lloyds Bank offers, plus the highest interest rate currently available.

Savings account types include Easy access, cash ISAs, fixed-rate bonds, regular savers, business
Best easy access rate 4%
Best cash ISA rate 4.45%
Best fixed-rate bond rate 4.45%
Best regular saver rate 6.25%
Best business savings account rate 5.01%
Fixed bond terms 1 year - 2 years
Opening options Branch, website, mobile app, telephone
FSCS protection

Didn’t find the account type you were looking for? Check our other guides:

How do I decide which account is for me?

Firstly, you need to decide what you’re looking for in a savings account. How often are you planning to draw out money? How much money can you afford to save each month?

You need to work out what you need before comparing the different offers available for certain types of savings accounts. Once you have done that, it’s useful to look at:

  • Interest rates
  • Fees (If there are any.)
  • Access to cash (If you need quick access, for instance.)
  • Rewards and loyalty schemes (If you’re into add-ons or switching bonuses.)

How to open a Lloyds savings account

  • With all Lloyds’ savings accounts you must be 16 or older.
  • You must also be a resident in the UK for tax purposes.
  • Most of the accounts discussed can be opened at a branch, online or over the phone.

Does Lloyds offer online or mobile banking?

Yes, Lloyds offers online and mobile banking services, so you can bank with ease wherever you are. Well, at least somewhere with Internet connection.

What are the pros and cons of banking with Lloyds?

Pros

  • Online banking. With most of Lloyds’ savers you can access your account online. Lloyds offers a mobile app too.
  • Flexibility. Lloyds offers several savings account options, so there’s bound to be one suited to your needs.
  • Preferential interest rates for existing customers. If you are a Club Lloyds customers, then you may be able to access slightly better interest rates on some Lloyds savings accounts.

Cons

  • Better rates elsewhere? While Lloyds does offer competitive interest rates you can get better elsewhere. They’re certainly not market leading.

Customer service information for Lloyds

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Bottom line

Whether you want to lock away your money for a fixed amount of time, or need to be able to access it whenever required, Lloyds offers a range of savings accounts and other options to help you manage your money.

Don’t forget to check our top savings rates round-up first, though, to see how Lloyds savings accounts weigh up against the competition in terms of rates, fees and perks.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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Written by

Felix Thompson

Felix Thompson is a freelance writer at Finder. He covers everything from digital banking to car insurance and, whatever the topic, he aims to make it easy for consumers to get straight to the best deal. Felix has a postgraduate qualification in international journalism and is also a broadcast journalist. In his spare time, he loves to cycle. See full profile

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