Lloyds TSB Launches Cash ISA Saver - Base Rate Tracker

    LONDON, ENGLAND, October 07, 2011 /24-7PressRelease/ -- Lloyds TSB today announces the launch of its Cash ISA Saver - Base Rate Tracker, offering new and existing customers an interest rate of 2.35% and tracks 1.85% over the Bank of England base rate from 3rd October 2011. This compliments the Lloyds TSB Tracker Bond which was launched earlier this year.

Greg Coughlan, Head of Savings at Lloyds TSB said "We understand savers are eager to get the most out of their savings but are uncertain what to do with the continued speculation that interest rates will change.

"Taking these concerns on board, we have designed Cash ISA Saver - Base Rate Tracker which allows customers to make the most out of their savings with tax free interest earnings and an interest rate that keeps pace with base rate changes."

Cash ISA Saver - Base Rate Tracker Key Features

- 2.35% AER/Tax Free (tracks 1.85% over the Bank of England base rate for 12 months1)
- Minimum balance of GBP1 up to the ISA allowance of GBP5,340
- Transfers in allowed
- Available to new and existing Lloyds TSB customers
- Instant access allowed during the term
- Open in branch, online or by telephone

For more information please visit http://www.lloydstsb.com/savings. To apply please call our phone banking service at 0845 3 000 000.

NOTES TO EDITORS

1.Rates on the Cash Isa Saver - Base Rate Tracker will change on the 1st working day of the month following a change in the Bank of England base rate. Account reverts to the variable Cash ISA Saver currently paying 1%

For further information:
Deepa Bose
Telephone: 020 7356 1405
Email: [email protected]
Web: www.lloydstsb.co.uk

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