Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Moneyfacts.
Lloyds offers a variety of credit card options designed to cater to different needs. Whether you are looking to transfer existing debt to a card with a lower interest rate or seeking a card for everyday spending that allows you to accumulate cashback, Lloyds has suitable choices.
Being a large bank, Lloyds also has the security, customer service, and global accessibility, ensuring that customers receive the necessary support when required.
Types of credit cards available from Lloyds
Lloyds has a range of cards, although fees and rates vary from person to person on application.
0% balance transfer deals. Lloyds Bank provides a card specifically designed for individuals seeking to transfer high-interest credit card debts from other sources to Lloyds at a more affordable rate. You’ll be able to benefit from 0% interest on your balance transfers for a number of months. Just watch out for balance transfer fees. Learn more about balance transfer cards.
All-rounder deals. If you’re looking to transfer a balance but also carry out purchases on your card, Lloyds’ all-rounder deals could be worth a browse. Again, you can choose a card that charges 0% interest for several months. Learn more about all-rounder credit cards.
Low-interest deals. If you’re worried about paying off your balance before any 0% promotional deal ends, Lloyds offers a credit card with no introductory period – just an ongoing low rate of interest on both balance transfers and purchases. Plus, there’s no balance transfer fee on balances moved over in the first 90 days. Learn more about low interest rate credit cards.
Rewards deals. You’ll be able to earn cashback on your everyday purchases with a selection of Lloyds’ credit cards. If you’re happy to pay a monthly fee, you can also benefit from travel perks such as airport lounge acess and airport security fast track. Learn more about rewards credit cards.
The benefits of a credit card with Lloyds
If you get a credit card with Lloyds you can enjoy a range of benefits, as outlined below:
Cashback. Certain cards allow you to earn cashback on everyday purchases. This is then credited to your credit card account to reduce the balance.
Mobile payment technology. You can link your Lloyds credit card with Apple Pay or Android Pay to purchase items quickly and easily with your phone, wherever these payment options are available.
Online and mobile banking. Lloyds has a modern online management system so you can see your credit card balance, transactions and any other activity associated with your account from any device with an internet connection. It also has mobile banking so you can manage your account from your phone or tablet, bank in branch and get text alerts.
Global usage. As Lloyds Banks’ credit cards are all with Mastercard, your card should be accepted for purchases in countries across the world.
Fraud protection. The bank offers a free service called ClickSafe, which is designed to ensure you are the only person using your card. It can help you feel safer when shopping online because you are protected from fraud.
A reputable and reliable big bank that I’ve found has always sorted out our problems quickly.”
How to apply for a Lloyds Bank credit card
You can apply for a credit card online, by phone, or in-branch. While all options are available, Lloyds suggests applying online for a faster decision making process. Additionally, some card offers are exclusively accessible through the bank’s online platform.
The bank also suggests that when applying you should keep important details to hand such as address, annual income, current bank account details and other credit or store cards you may hold that are not with Lloyds.
If you want to transfer a balance to your new Lloyds credit card, be aware there is a limit to how much you can transfer. With Lloyds, this is up to 93% of your credit limit. So if your credit limit was £2,000, you could transfer up to £1,860.”
Eligibility requirements
Before you apply you should be aware of the basic eligibility requirements. If you don’t match them, your application will likely not be successful. You can do a quick check of your eligibility for a card – it’s free and will not affect your credit score.
To qualify, you must:
Be at least 18 years old or over.
Have a regular income.
Be a resident of the United Kingdom.
Not currently be declared bankrupt, have any county court judgements or be subject to an individual voluntary agreement.
Not have already applied for a card and been declined in the last 30 days.
If you are not approved, Lloyds Bank suggests going to the three credit reference agencies (TransUnion, Equifax and Experian) and asking for a copy of your credit report, although this may require a fee. Getting access to your credit report can help you to spot whether something is weighing down your credit score.
Why might you not be approved?
There are various reasons why your application could be rejected. One possibility is that you don’t meet the specific eligibility criteria set by the bank for a particular card. A lack of credit history or a track record of missed or late payments on loans, credit cards or your mortgage, can also work against you when applying for more credit.
How do I make repayments on a Lloyds credit card?
There are a number of ways to make a credit card payment. The easiest method is Direct Debit, which is a payment taken each month from your bank or building society and paid directly into your credit card account. If you are registered for internet banking then you can do this online by logging in and clicking on “Pay credit card” next to your account on the overview page.
If my payment is received after the due date will I be charged?
If your payment is received after the due by date you will be charged a £12 late payment charge.
Can I request an increase or decrease to my credit card limit?
If you are registered for online banking, you can request to increase or decrease your credit limit. Once logged in from ‘My accounts’ select the ‘More actions’ button next to your credit card account, then ‘Manage your credit limit’ and follow the instructions on the screen. Note that if you want a credit limit increase, you might not always get it.
Lloyds customer reviews
Lloyds Bank received a strong score in our 2024 customer satisfaction survey: 89% of Lloyds credit card customers would recommend the company. Several customers cited its additional card benefits, including cashback, with one stating how the brand offered “excellent service and loyalty points”.
On the reviews platform Trustpilot, the bank overall received a score of 1.7 out of 5 from more than 4,500 reviews, with some customers citing poor levels of customer service (updated May 2024).
Contact Lloyds Bank customer support
For help, you can contact Lloyds via telephone or video call, or you can pop into your local branch.
Telephone support
You can call Lloyds on 0345 300 0000 24/7. However, not all Telephone Banking services are available 24 hours a day, seven days a week. Please speak to a Lloyds Bank advisor for more information.
Overview of Lloyds Bank credit cards
Representative APR
From 10.9% to 55%
0% balance transfer offer
Up to 27 months
0% purchases offer
Up to 20 months
0% money transfer offer
No money transfer offer available
Cashback with brand
Up to 1%
Cashback elsewhere
Up to 1%
Cash advance
From 10.94%
Introductory bonus offer
Up to 20
Bottom line
Lloyds Bank offers several different credit cards, whether you’re looking to transfer a balance, spread the cost of a large purchase or earn cashback. Its low interest rate credit card is particularly competitive. However, as always, you should compare these credit cards against others on the market to be sure you’re getting the best deal.
Frequently asked questions
Your credit card balance is calculated by taking any leftover balance from the previous month and adding any new purchases, cash withdrawals, and balance transfers, plus any interest or fees due.
You can query charges that have been applied to your account by calling customer services.
This is the date of your last payment as it appears on your credit card statement after it has cleared.
You can make a one-off payment to your credit card account at any time.
Estimated interest is an estimate of the interest you’ll have to pay next month. It assumes:
You pay only the minimum due
You pay by the due date
You have no more transactions before your next statement
You don’t change your statement due date
Your standard interest rates and the way Lloyds calculates interest does not change
The estimate does not include reduced interest if a promotional rate starts before your next statement is produced.
If you go over the credit limit on your credit card, you may be charged an over limit fee and any promotional offers on your account (such as a 0% deal) may be cancelled.
The charge for late payment is £12.
Finder credit card ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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To make sure you get accurate and helpful information, this guide has been reviewed by Rachel Wait, a member of Finder's Editorial Review Board.
Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio
Chris's expertise
Chris has written 609 Finder guides across topics including:
Find out when you might choose this particular balance transfer deal over Lloyds’ many others, and compare live rates, fees and terms against alternative cards.
Discover how this all-round credit card compares to others on the market.
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