Cash ISAs Available
Currently Lloyds Bank offers two different types of cash ISAs, allowing customers to choose the best account for them based on the interest rate and accessibility of funds.
- Cash ISA Saver - This account offers a variable rate of interest, with a bonus rate for the first 12 months after the account is opened. You can open the account with a single lump sum, starting from £1, or make regular payments. Withdrawals are allowed at any time without penalty.
- Two-Year Fixed Rate Cash ISA - Interest rates on this account are fixed for two years following the account opening, and an account can be opened with a minimum of £3,000. Withdrawals made during the term will be subject to a penalty charge in the form of an interest deduction.
Lloyds Bank has one of the longest histories in England, dating back to its establishment by John Taylor and Sampson Lloyd in 1765. Throughout the next 150 years, this bank continued to grow and thrive through a series of mergers and acquisitions.