Lloyds TSB has increased the interest rate on its monthly saver account to 5%. The rate is fixed for 12 months and is available to account holders who deposit between £25 and £250 per month. Penalty-free withdrawals can be made from the account at any time. Colin Walsh, Lloyds TSB managing director of savings and investments, said given [...]

More: Lloyds TSB pays 5% on monthly saver

I saw it and was considering, sound too tempting. What's the catch?