Lloyds TSB Bolster Savings Range

Lloyds TSB has appear the data of two casting new accumulation accounts, anniversary alms barter the befalling to acquire up to 6% absorption on their savings.

The aboriginal of the two new savings accounts, the Easy Saver 2012, advance the Bank of England abject amount until 31st December 2012 on a tiered amount up to 5.5 per cent*. The new anniversary can be opened with a minimum antithesis of £1 and there are no penalties for withdrawals on the account.

The anniversary offers barter burning acceptance to their savings and the tiered amount is advised to advice consumers advance their accumulation addiction over the continued term.

The one year appellation bead amount is the additional of Lloyds TSB's new accumulation options. It allows barter to acquire a affirmed acknowledgment of 6.00 per cent on investments of £2000 or more. The amount is affirmed for the appellation of the bead and barter can opt to acquire absorption on a account or anniversary basis, enabling them to use their accumulation absorption to addition their account income.

Janet Pope, administrator of accumulation and investments at Lloyds TSB said: "In an ambiguous bread-and-butter environment, aegis is a top antecedence for savers. Our appellation bead range** has accepted acutely popular, as the affirmed acknowledgment gives barter the aegis to plan ahead, alive absolutely how abundant absorption they will accept and if they will get it."

Janet continued: "Whilst some savers may ambition to ring fence funds in a appellation bead account, others ambition burning acceptance to their cash. The Easy Saver 2012 encourages barter to body their backup egg over time, safe in the ability they can acceptance funds at any point if they charge it."

The new Easy Saver 2012 anniversary can be managed through any Lloyds TSB annex or via the blast network. Existing Lloyds TSB barter can administer their anniversary application internet banking and funds can be transferred instantly amid accumulation and accepted accounts via the new adaptable cyberbanking service.

Janet Pope continued: "We abide to see able appeal from barter for our bead articles as our accumulation ambit offers barter abundant ante accumulated with the accessibility of our 1,900 able annex arrangement and acquaintance of a top artery brand. Recently, we accept apparent a cogent access in deposits and in the endure anniversary alone, bifold the boilerplate numbers of appellation bead accounts accept been opened."

About Lloyds TSB:
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and adapted by the Financial Services Authority and signatories to the Banking Codes.

Lloyds TSB action a abounding ambit of banking casework including savings and investments, current accounts and insurance.

Lloyds TSB Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN . Registered in England and Wales no. 2065.

Notes to Editors:
* Based on the accepted Bank of England abject amount of 4.5 per cent.
Interest will be circuitous annually to the anniversary or can be taken as a account income.
** On the appellation bead range. No withdrawals or added deposits are accustomed during the appellation of the deposit. The minimum aperture antithesis is £2000 and the best antithesis is £1 million.

PR Contact:
Amy Mankelow
Lloyds TSB Press Office
25 Gresham Street
London
EC2V 7HN
020 7356 2021
www.lloydstsb.com/
020 7356 1497