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28 Month Balance Transfer Card

LLOYDS BANK PLATINUM CREDIT CARD28 Month Balance Transfer

Our long, low fee combined offer


Why choose this card?

  • 0% interest on balance transfers

    Get 28 months' 0% interest on balance transfers made within 90 days of opening your account.

  • 1.5% balance transfer fee

    You'll also pay only a 1.5% fee on balances transferred during these 90 days, instead of the standard 3% fee.

  • 0% interest on purchases

    For 12 months after opening your account, get 0% on purchases made.

Representative example

Most successful applicants will get:

a variable annual
purchase rate of
18.94%
and a variable
representative
18.9%APR
based on
borrowing
£1,200
over 12 months, with
an annual fee of
£0

Credit limits and interest rates vary based on your individual circumstances.

What do these numbers mean?

What is a representative example?
This is a table of information designed to show how much this account would cost most successful applicants. We use the example of how much it would cost over one year if you borrowed £1,200. It is for illustrative purposes only, and does not reflect the credit limit you will get if you successfully apply.
What does purchase rate mean?
When you use your credit card to buy things, you will be charged interest on your purchases (outside of any introductory offer periods). If you pay off the outstanding balance of your credit card each month, you would not be charged purchase rate interest.
What is a credit limit?
If you successfully apply for a credit card, a limit on how much you can spend on it will be applied. You must not go over this limit. Your credit limit will be based on your current circumstances, and may vary.
What does APR mean?
APR stands for 'Annual Percentage Rate' and is a figure that includes all fees, charges and interest rates associated with your credit card. APR is a representative figure and it allows you to quickly compare credit cards.
Could my APR be different from the example?
We treat all applications on an individual basis, so the APR you get is determined by the details supplied on your application, along with an independent verification of your credit and repayment history. Most successful applicants (at least 51%) will receive the lowest APR displayed in the representative example.
What is an annual fee?
This is a fee charged every 12 months as a condition of continuing to hold this credit card account. (There will be other costs attached to holding a credit card account, which are outlined in this account’s Summary Box).
What do these numbers mean?

Key facts

Features and benefits

  • Most successful applicants will receive the representative rate of 18.9% APR (variable).

  • If you qualify for the lowest rate, you will pay 0% interest for 28 months from opening your account on balance transfers made within 90 days.

  • The standard 3% balance transfer fee is reduced to 1.5% for balances transferred within 90 days of account opening.

  • The interest free period on purchases is 12 months from the date your account is opened.

  • The annual fee is £0.

Keep in mind

  • If you don't qualify for the lowest rate, you'll get a higher APR, either 21.9% (variable) or 25.9% (variable), depending on your circumstances.

  • To keep your promotional offers, you must stay within your credit limit and make your minimum monthly repayments on time.

  • Any balance transfers made after 90 days of account opening will incur the standard 3% balance transfer fee.

  • You can transfer balances to us (£100 minimum) from most credit cards and some store cards, excluding other Lloyds Bank products.

How much does this card cost

This credit card account has an annual fee of £0.

Interest rates

Outside of introductory promotional periods, the interest you pay on transferred balances, cash withdrawals, and purchases is 18.94% (variable) if you qualify for the lowest rate and either 21.94% (variable) or 25.95% (variable) if you do not.

Outside of introductory promotional periods, the interest free period on purchases is up to 56 days if the full balance is paid off by the due date on both your previous and latest statement.

Fees and charges

Outside of the 90-day introductory offer period, the fee for balance transfers is 3%.
The fee for cash withdrawals is 3% or £3, whichever is the biggest.
The fee for foreign currency transactions is 2.95%.

What will be paid off first?

Your monthly payments will pay off transactions with the highest interest rate first, in this order: cash withdrawals, purchases, balance transfers and cheques, followed by the default charges.

Summary box of rates and details

You can view or print a PDF summary (118 kB) of this credit card's key facts and figures. You’ll receive full terms and conditions, as well as the complete details of this credit card, when we send your card.

Our responsibilities - and yours

Responsible lending

Lloyds Bank is a responsible lender, and we only want you to borrow what you can afford, in a way that is best for you.  The outcome of your credit card application depends on our assessment of your circumstances.

If you’d like to talk to us about the choices you’ve made we will be happy to refer you to a member of staff that will be able to help you. They will also be able to talk to you about your options if you’re experiencing financial difficulties.

A note on fraud

You won't have to pay us for any unauthorised postal, telephone or internet transactions made by someone other than you or an additional cardholder. However, you and additional cardholders must take all reasonable measures to protect your cards and PINs. You should never disclose your PIN, not even to Lloyds Bank staff or the police. You can give suppliers your card details (but not PINs) and won’t be liable if they misuse them. However, if you’ve given someone else your card details you are liable for all transactions unless you have told us first they are not authorised.

You can apply for this credit card if:
  • you’re aged 18 or older
  • you’re a resident in the UK
  • you have a regular income
  • you’re free from any County Court Judgements, you aren’t currently bankrupt, and you’re not subject to an Individual Voluntary Agreement.

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With so much choice, take a look at our other credit card accounts to see which one might suit you best.

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Useful phone numbers


  • Lost or stolen cards 0800 096 9779 (+44 1702 278 270 from outside the UK)

  • Credit card enquiries 0345 606 2172 (+44 1702 278 272 from outside the UK)

  • Activation 0800 389 1558 (+44 2074 812 548 from outside the UK)

  • Balance transfers 0345 606 2172 (+44 1702 278 272 from outside the UK)

These lines are available 24/7.

Important legal information

Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Authorisation can be checked on the Financial Services Register at www.fca.org.uk. Lloyds Bank plc is a member of the Financial Services Compensation Scheme and the Financial Ombudsman Service. We subscribe to the Lending Code; copies of the code can be obtained from www.lendingstandardsboard.org.uk.

Lloyds Bank plc registered office:
25 Gresham Street,
London EC2V 7HN.
Registered in England and Wales No. 2065.

We may monitor or record telephone calls to check we have carried out your instructions correctly and to help us improve the quality of our service. Calls from abroad are charged according to the telephone service provider’s published tariff.

How much we lend and the issue of a credit card depends on an assessment of your circumstances. You must be 18 or over and a UK resident to apply.

Terms and conditions apply to all Lloyds Bank credit cards benefits. Full details will be sent with your card. After each introductory period ends you will be charged at the appropriate standard rate.