Client's Call accounts important information

AER – The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross or tax free rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross Rate – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

Net Rate – The rate of interest which would be payable after allowing for the deduction of income tax at the rate specified by law.

Lloyds TSB Bank plc and Lloyds TSB Scotland plc are members of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Most deposits, including those made by individuals and small firms are protected by the scheme. Where you make a deposit to us in the UK, payments under the scheme are limited to 100% of the first £2,000 of your total deposits with us and 90% of the next £33,000, resulting in a maximum payment of £31,700. The scheme also covers deposits made with our offices elsewhere in the European Economic Area, and deposits in all currencies are treated alike. A leaflet with further details is available from the Scheme. Call their helpline on 020 7892 7300, log onto their website at www.fscs.org.uk or write to the Financial Services Compensation Scheme, 7th floor Lloyds Chambers, Portsoken Street, London E1 8BN.