LLOYDS TSB LAUNCHES ISLAND INVESTMENT ACCOUNT
Isle News, 7 August 2009 – LLOYDS TSB Offshore has launched the ‘Island Investment account’ offering investors a rate of up to 2.01% AER on balances over £50,000*.
Account Gross Interest Rate AER
| Account Balance | Gross Interest Rate | AER | ||
| With Bonus | Without Bonus | With Bonus | Without Bonus | |
| £1+ | 0.05 | 0.05 | 0.05 | 0.05 |
| £50,000 + | 2.00 | 1.00 | 2.01 | 1.00 |
Jonathan Potts, Senior Manager at Lloyds TSB Personal Banking commented:
“In the current low interest rate environment, finding a good home for your savings can be tough. The Island Investment account is ideal for those with larger balances who don’t want to risk the volatility of the stock market for their funds.”
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- Lloyds TSB announces campaign to make a Big Difference to island life
- New fixed rate account gives certainty for savers in uncertain times.
- Bank of Ireland Offshore launches Islander Select Fixed Account
