Lloyds TSB International launches instant access saver

Lloyds TSB International launches instant access saver

Lloyds TSB International this week launched its Bonus Saver Account aimed at British ex-pats and customers who make frequent cross-border transactions.

The account offers no-penalty instant access, and is available in either euros or sterling.

Savers can invest up to £1 million or €1 million.

Sterling accounts with a balance of £5,000 or above benefit from a 12-month introductory bonus of 0.5% interest, giving them a rate of 2.5% gross.

Euro accounts with a balance of €5,000 or above benefit from a six-month introductory bonus of 1%, giving them a rate of 2% gross.

Mark Spagnoli, Lloyds TSB International product manager, said: “We all want the peace of mind offered by instant access to our savings, but we don’t want to sacrifice interest on our hard-earned cash.

“The International Bonus Saver Account offers the best of both worlds.”

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