Lloyds TSB Joint Savings account

Published on 27 September 2010 by Raffick Marday

The Lloyds TSB Joint Savings account eminently assists you to save all of your shared goals in an effervescent manner. It consists of- holidays, deposits on a house and even large purchases. In addition, it also endows with a tiered interest savings account, further providing you the opportunity to earn a massive rate of interest at your utmost convenience. Henceforth, as long as your partner also possesses the Lloyds TSB current account, you can efficiently adjoin the interests into your savings account without any hassles.

The Joint Savings account grants all the privileges to both the account holders equivalently. This implies that both of them now possess the autonomous right to withdraw and deposit their savings against the other party.

How it works?

With the gradual advancement of the technological innovations, the internet and phone banking services have attained a predominant stature and vast popularity amongst the masses. The Joint Savings account registered under the Lloyds Group is certainly not an exception in this regard.

It provides the utmost liberty to all the account holders, as now each and every individual is being entitled to make cash withdrawals and payments from the savings account without needing the approval of the other person. Both of the account holders are now eligible to set up standing orders and can even sign up for Save the Change independently. Thus, indirectly it plays a pivotal role in maximizing the funds which you are going to save.

Apart from this, you will be further provided with a registered Cashpoint card which can easily be accessed in all corners of the globe. However, you might be circumscribed while opening joint accounts on all the savings products and services, especially the ISAs.

How to open the Lloyds TSB Joint Savings account?

By downloading the Joint Savings account form or visiting to your nearest branch, you can easily add your near and dear ones to the existing Lloyds TSB Savings account.

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