Lloyds TSB launches Cash ISA Saver - Base Rate Tracker
Lloyds TSB 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 months)
Minimum balance of £1 up to the ISA allowance of £5,340
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, visit lloydstsb.com/savings.