Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
Instant
Interest paid
Monthly/Annually
Lloyds Bank is also paying £200 to switch your current account. Offer ends 9 December 2026.
Rate Tiers
£1 – £24,999
0.95%AER
£25,000 – £99,999
1.10%AER
£100,000+
1.20%AER
How It Stacks Up
Ranks 130th of 152
Easy access accounts we track
This account 1.20%
- UK CPI (Aug 2026)
- 3.10%
- Pays 1.90% less
- Average easy access
- 2.83%
- Pays 1.63% less
- Best easy access
- 5.00%
- Pays 3.80% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 3.35% more than this Lloyds Bank account
- Instant access, open with £10
We may earn a commission if you open this account.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: The rate is variable, so it can go down
Please verify all details with the provider – see our Disclaimer
See all Lloyds Bank accounts
