Lloyds ups rates on fixed savings accounts

Accounts benefitting from a boost in their rate include:

- 2 year Fixed Rate Cash ISAs increased by 0.20% to 1.70% on balances below £20,000 and increased by 0.05% to 1.75% on balances of £20,000 and above.

- 18 month Tracker Bond increased by 0.20% to 1.50% on balances from £2,000 and below £50,000, and 1.55% on balances of £50,000 and above.

- 1 year Fixed Bond and Online Fixed Bond increased by 0.20% to 1.45% on balances from £2,000 and below £50,000, and 1.50% on balances of £50,000 and above.

- 2 year Fixed Bond and Online Fixed Bond increased by 0.20% to 1.70% on balances from £2,000 and below £50,000, and 1.75% on balances of £50,000 and above.

Philip Robinson, Savings Director at Lloyds Bank said:

“These rate increases will catch the eye of those people looking for higher returns on their savings by locking away their cash.

“Our fixed savings range gives our customers plenty of options so that they can save over a time period that is most suitable for the