Lloyds Bank Platinum 0% Purchase & Balance Transfer
Representative APR
24.9% APR (variable)
Purchases
0% for up to 21 months, then 24.94% (variable) p.a.
Balance Transfers
0% for 19 months, then 24.94% (variable) p.a. (2.99% fee for 3 months)
Account Fees
£0
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 24.94% (variable) p.a., most accepted customers get a rate of 24.9% APR (variable).
Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.
Our Verdict
The Lloyds Bank Platinum 0% Purchase & Balance Transfer credit card offers one of the longer promotional periods available, with up to 21 months of 0% interest on purchases and up to 19 months on balance transfers. It may suit those looking to spread the cost of new spending and manage existing debt without interest, provided repayments are made within the offer period.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
Product Features & Benefits
| Issuer | Lloyds Bank |
|---|---|
| Network | Mastercard |
| Primary Category | Balance Transfer |
| Loyalty Scheme | |
| Incentive on opening | 0% interest on all purchases for up to 21 months and 0% for 19 months for balance transfers. |
| Cashback/Rewards (if applicable) | No cashback scheme |
| Account Fee | £0 |
| Purchases | 0% for up to 21 months, then 24.94% (variable) p.a. |
| Purchases Interest Free Period | 56 days |
| Balance Transfers | 0% for 19 months, then 24.94% (variable) p.a. (2.99% fee for 3 months) |
| Balance Transfer Fee | 5.00% |
| Cash Advances | 24.94% (variable) p.a. (fees apply) |
| Minimum Credit Limit | £ 0.00 |
| Maximum Credit Limit | Subject To Status |
Fees & Charges
| Account Fee | £0 |
|---|---|
| Late Payment | £ 12 |
| Returned Payment | £ 0 |
| Exceed Limit | £ 0 |
| Duplicate Statement | £ 0 |
| Replacement Card | £ 0 |
| Trace Fee | £ 0 |
| Cash Withdrawal Fee | 5% |
| Cash Withdrawal Minimum Charge | £ 0 |
| Foreign Usage EU | 2.95% |
| Foreign Usage World | 2.95% |
Application Requirements
| Availability | Available to new customers. |
|---|---|
| Minimum Income | £ 0 |
| Minimum Age | 18 |
| Residency | Permanent resident in the UK. |
Find the right Credit Card for you
Does not impact your credit score
Find out which credit cards you’re eligible for
26.5% Representative APR (variable)
Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited and is acting as a credit broker, not a lender.
What is a good credit score in the UK?
Best Credit Cards 2025 UK
How to choose a credit card in the UK
