Lloyds TSB impresses in cash ISA carnival - Savings - News - Moneyfacts


Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Lloyds TSB impresses in cash ISA carnival

Lloyds TSB impresses in cash ISA carnival

Category: Savings

Updated: 23/02/2010
First Published: 23/02/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Lloyds TSB makes an instant impression with the relaunch of its Cash ISA Saver account.

Now offering a rate of 2.50% yearly, this instant access cash ISA requires a minimum investment of only £1.

While paying a rate that is amongst the best instant access cash ISAs around, savers should note that it does include a 1.5% bonus for 12 months, making a review of the product's competitiveness after this point an absolute necessity.

Transfers in are welcome, while transfers out are allowed without penalty.

Sure to appeal to those who favour a big high street brand, this product earns four out of five Moneyfacts stars.

Find the best savings accounts for you - Compare cash ISAs

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.