Lloyds Bank Platinum Low Rate Credit Card
Representative APR
10.9% APR (variable)
Purchases
10.94% (variable) p.a.
Balance Transfers
10.94% (variable) p.a. (0% fee for 90 days)
Account Fees
£0
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 10.94% (variable) p.a., most accepted customers get a rate of 10.9% 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 Low Rate credit card offers a low interest rate along with 0% fees on balance transfers made within the first 90 days. It’s suitable for individuals seeking to reduce borrowing costs while managing existing credit card debt.
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 | Purchases |
| Loyalty Scheme | |
| Incentive on opening | 0% balance transfer fee if the transfer is completed within the first 90 days of card membership. |
| Cashback/Rewards (if applicable) | No cashback scheme |
| Account Fee | £0 |
| Purchases | 10.94% (variable) p.a. |
| Purchases Interest Free Period | 56 days |
| Balance Transfers | 10.94% (variable) p.a. (0% fee for 90 days) |
| Balance Transfer Fee | 5.00% |
| Cash Advances | 10.94% (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 who acts as a credit broker, not a lender.
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