Lloyds Banking Group forecast that total value of UK Individual Savings Accounts (ISAs) will surpass £1 trillion mark by end of the current tax year..

For the £500 offer, you must spend a minimum of £200 on your Lloyds Premier debit card within 35 days of opening the account.

Lloyds Bank has clarified an ambiguity of the qualifying rules for a bonus payment of either £200 or £500. The update came after a customer asked the bank to explain the rules for the scheme.