Lloyds Bank issues ISA tip for customers trying to save money

Lloyds Bank issues ISA tip for customers trying to save moneyThe bank shared advice for customers who aren't making the most of the tax-free benefitsCommentsMoneyAmber O'Connor Money and Lifestyle reporter U35s14:28, 03 Apr 2026View 2 ImagesThe bank shared advice for customers opening or topping up ISAs (stock photo)(Image: Getty)Lloyds Bank has shared a reminder to customers with ISA accounts. Individual Savings Accounts (ISA) are frequently favoured by people saving toward a big purchase or looking to invest their funds, as they can benefit from tax-free interest. However, the banking group has highlighted that ISAs could prove valuable for more modest savings targets, too.‌In a TikTok post, @Lloydsbank informed customers they could 'start planning' to achieve smaller saving ambitions, such as funding a new tattoo, using an ISA. The bank said: "ISAs don’t just have to be for the big goals. Start planning for what you’re saving for and give it a name."‌Lloyds Bank also provided an example in the video accompanying the post. The video featured an interview with a man who wanted to save money for a new tattoo. He told viewers: "Winter me has one job, prepping for summer me, because summer me will be wearing short shorts, and I've got a plan for that.‌"People usually think ISAs are for big future things, but mine, mine was for a tattoo, and because ISAs can be for saving and investing, I used the Lloyds ISA finder to help guide me while I worked out which ISA could be best for me."The man also said that naming his ISA helped him to reach his savings goal. "Before naming it, it was just one of those things that I said I would do one day, but giving it a name made it feel like an actual plan. Something I could work towards over time," he explained.Content cannot be displayed without consent‌As per GOV.UK, there are four types of ISA. These are cash ISAs, stocks and shares ISAs, innovative finance ISAs, and life...