Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
Instant
Interest paid
Annually
Lloyds Bank is also paying £200 to switch your current account. Offer ends 9 December 2026.
Rate Tiers
£1 – £24,999
0.75%AER
£25,000 – £99,999
0.90%AER
£100,000+
1.00%AER
How It Stacks Up
Ranks 149th of 152
Easy access accounts we track
This account 0.75%
- UK CPI (Aug 2026)
- 3.10%
- Pays 2.35% less
- Average easy access
- 2.83%
- Pays 2.08% less
- Best easy access
- 5.00%
- Pays 4.25% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 3.80% 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
Worth Weighing Up
- Con: The rate is variable, so it can go down
Good to Know
You can take your money out straight away by transfer to another Lloyds Bank account or an account with another financial provider.
Please verify all details with the provider – see our Disclaimer
See all Lloyds Bank accounts
