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Savings · Checked against Lloyds’s own page

Lloyds Monthly Saver: 5.00% AER

Lloyds Monthly Saver: 5.00% AER · Regular saver. Minimum £25 a month deposit, if money is withdrawn then you can't replace it.

5.00%
AER · Regular saver
  • Regular saver
  • Withdrawals allowed
Worth knowing

Minimum £25 a month deposit, if money is withdrawn then you can't replace it.

No commission

The details

Account type
Regular saver
Rate
Fixed · 5% Fixed rate - This rate cannot go up or down for the 12 month term.
Deposits
up to £3,000 · £25 to £250 a month
Access
Withdrawals allowed · This account allows withdrawals however you cannot replace money which you have withdrawn.
Term
12 months
Protection
Covered up to £120,000 via the FSCS scheme.
Source
Provider's own page Checked 17 Oct · No commission

How MoneyHQ checked this

We read Lloyds’s own page on 17 Oct and wrote down what it says: the figure, the conditions and the catch. Figures change, and the provider’s page is always the final word. The page we read is here. If you spot a difference, tell us and we will check again.

How it compares

Joint 5th of 7 by rate, among the 12 month regular savers MoneyHQ has checked.

AccountRateTo openTermChecked
The Co-operative Bank Regular Saver7.00% AER£11 year17 Oct
First Direct Regular Saver7.00% AER£251 year17 Oct
Progressive building society regular saver7.00% AERNot stated1 year17 Oct
Chase Regular saver6.50% AER£11 year17 Oct
Lloyds Monthly Saver (this offer)5.00% AERNot stated1 year17 Oct
Monmouthshire Building Society Regular Saver5.00% AER£01 year17 Oct

Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by rate alone; commission never changes the order.