Lloyds Bank Platinum Low Rate Credit Card

4.4

OUR RATING

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).

4.4

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 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%