Lloyds Bank Platinum 0% Purchase & Balance Transfer

4.0

OUR RATING
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).

4.0

OUR RATING

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.
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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.

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34.4% 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.

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