eSavings Account

• Earn 1.60% AER/Gross from £1, and up to 2.50% AER/Gross on balances of £10,000 or more. View eSavings Account interest rates.
• These rates include a fixed introductory bonus of 1.50% AER* on all tiers for the first 12 months.
• Interest paid annually.
• Start saving with only £1.
• Instant access - the convenience of Internet Banking or PhoneBank®** means you can access your savings when it suits you.
• Name your account to suit you, such as holiday, rainy day or simply savings.
• Instant transfers between your eSavings Account and Lloyds TSB current account.

 Apply online
As long as you’re registered for Internet Banking you can open your new account in moments.

Not registered for Internet Banking? Register your personal account online.

New to Lloyds TSB?
You need a Lloyds TSB current account to open an eSavings Account. Switch to Lloyds TSB.

View eSavings Account important information.

View eSavings Account Summary box.

Back to savings account.

* Includes a fixed introductory bonus of 1.50% AER, payable for 12 months from the date of account opening. At the end of the bonus period, rates without bonus will apply. Please see the ‘without bonus’ table for current rates.

View previous rates

Explanation of terms

View previous rates

Interest rates are variable. View eSavings Account information.

Back to top

Explanation of terms
AER means Annual Equivalent Rate. AER illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.

Net rate is the rate payable after the deduction of lower rate tax (which may be reclaimed by non-taxpayers on completion of an Inland Revenue R85 form). As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.

Gross rate means that credit interest is paid without income tax being deducted. You can receive your interest paid gross if you are a non-tax payer and have completed an Inland Revenue R85 form.

Apply for an eSavings Account 

Back to top

As an eSavings Account customer you can take advantage of the many Lloyds TSB services that we have on offer to help you get the most form your money.

• Save the Change® - Register for Save the Change® and every time you make a purchase with your Lloyds TSB Visa debit card, we’ll round up the amount you spent to the nearest pound. We’ll then transfer the difference into your nominated Lloyds TSB savings account the next working day.
• Set up a standing order - saving regularly from your current account is the easy way to grow your savings.
• Rename your account to suit you, such as holiday, rainy day or simply savings. All you need to do is click on your eSavings account in internet banking and change nickname. The name you choose will only appear in internet banking and not appear on your statements.
• Transfer money from a non Lloyds TSB account with our savings transfers form, simply complete and take into your nearest  branch.
• Transfer money instantly between your eSavings Account and Lloyds TSB current account.
• Turn off paper statements. Quickly find what you are looking for - search your statements instantly. Cut down on paperwork by stopping your postal statements.
• Register to receive Gross Interest, You can receive your interest paid gross if you are a non-tax payer and have completed an Inland Revenue R85 form.

Apply for an eSavings Account 

 Apply online
As long as you’re registered for Internet Banking you can open your new account in moments.

Not registered for Internet Banking? Register your personal account online.

New to Lloyds TSB?
You need a Lloyds TSB current account to open an eSavings Account. Switch to Lloyds TSB.

View eSavings Account important information.

View eSavings Account Summary box.

Back to savings account.