Plan for the year ahead with your current account

Advertising feature. By managing the money in your current account, you can make sure there’s always money available for those special occasions.

Every year there are occasions when it would be nice to have a little more money to spend – Christmas, birthdays or even that summer holiday you keep promising yourself.
Managing your current account and taking advantage of features on offer like interest rates and extra online services can go a long way towards helping you put money aside to help pay for bigger purchases.
Find out more about Lloyds TSBs current accounts
Budgeting your money
A great way to start saving is to set yourself a monthly budget. This way you’ll limit your spending each month so there’s always something left over to start saving.
Setting a budget is easy – and there are plenty of tools to help you stick to it.
A simple way to manage your money and keep track of your spending is to register for Internet Banking with your bank account.
With Internet Banking from Lloyds TSB, you’ll be able to keep on top of your spending with our Money Manager tool.
Money Manager (1) automatically breaks down your spending into categories like ‘entertainment and leisure’ and ‘home expenses’ and lets you see exactly what you’re spending.
You’ll be able to identify areas where you can cut your spending and keep a close eye on your budget to make sure you’re always on track.
Earn interest on money in your current account
A great way to earn more money with your current account is to take advantage of the interest rates on offer.
If you pay at least £1,000 into your account each month you’ll be able to add Vantage - our extra rates which help you earn more interest.
With our Classic account with Vantage you’ll get:

• 1.5% AER (2) on balances between £1 and £1,000
• 2.00% AER on balances over £1,000
• 3.00% AER on balances between £3,000 and £5,000

Choose the right current account for you
Your spending habits and savings goals are as unique as you are. So it’s important to make sure your current account offers the right benefits for you.
For example, you may want an account that includes benefits like mobile phone insurance or breakdown cover.
Insurance benefits are provided by specially chosen third party providers – you’ll find all the details of the providers, including the cover you’ll receive and the exclusions and limitations in your welcome pack.
These are handy if you’re already paying for these with another provider and want to cut down your outgoings or bring them all together.
Or you might want a straightforward account with no additional features.
At Lloyds TSB we have a range of bank accounts from our Classic current account right through to our Premier Account, which includes a whole range of benefits.
It’s important to make sure your account suits your needs, so it’s a good idea to compare bank accounts to see which one is right for you.
1. Money Manager is provided to help you manage your personal finances and is not intended to provide legal, tax or financial advice. 2. AER (Annual Equivalent Rate) is the rate if interest was paid and compounded once a year.
Source Published by http://www.nwemail.co.uk