Lloyds Bank outlines rules for its Advantage Saver accounts, including limits on withdrawals and interest rate changes.
Lloyds Bank clarified its rules for the Advantage Saver and Advantage ISA Saver accounts. Both offer a 3.7% interest rate with up to three withdrawals within 12 months; exceeding this limit drops the rate to 1.05%. Withdrawal limits reset upon account renewal, and customers can have up to five Advantage Saver accounts. After 12 months, the accounts transition to Standard Saver or Instant Cash ISA with lower rates. The Advantage ISA is flexible, allowing re-deposits without affecting the £20,000 ISA allowance.
2 months ago
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