# UK high street bank offers customers leading 4.01% rate for deposits

- URL: https://talkfuse.com/story/uk-high-street-bank-offers-customers-leading-4-01-rate-for-deposits/
- Published: 2026-11-07T20:39:00+00:00
- Updated: 2026-11-07T21:27:11+00:00
- Original publisher: Daily Express (publisher lean: Right)
- Original article: https://www.express.co.uk/finance/personalfinance/2264233/lloyds-bank-offer-4-per-cent-rate-deposits
- Topics: UK, World

## Key points

- Lloyds offers businesses a fixed 4.01% rate for 13 months.
- Applications are open until 17 December 2026.
- The offer follows a Bank Rate rise to 4%.

## Summary

Lloyds is offering business customers a 4.01% fixed interest rate on surplus cash in a new 13-month deposit, replacing its previous 2.75% rate. The bank says the six-week offer gives businesses a leading return and certainty over what their reserves will earn.

The account is available to new and existing business customers until 17 December 2026, through a relationship manager, the Lloyds app or online banking. Deposits mature on 13 January 2028. The offer follows the Bank of England raising its Bank Rate from 3.75% to 4%; Governor Andrew Bailey said further increases were possible if the Middle East conflict continued to fuel inflation.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.