Platinum credit card

CLASSIC CREDIT CARD
Classic Credit Card

You may be offered this card as an alternative when you apply for a credit card in our main range but don’t qualify.

Your X balance transfer

Time to pay

X

Fee + Interest

X

Your X balance transfer

Balance transferred

X

One-off balance transfer fee

X

Total interest (X months interest free)

X

Total repayment

X

How is this calculated?Expandable section

Your X spend

Time to pay

X

Fee + Interest

X

Your X spend

Spent

X

Annual fee

X

Total interest (X months interest free)

X

Total repayment

X

How is this calculated?Expandable section

0% interest on balance transfers

You will pay 0% interest for up to 16 months on balance transfers you make in the first 90 days of opening your account.

3% balance transfer fee

A 3% fee applies on each balance transfer made within 90 days of account opening.

0% interest on purchases

You will pay 0% interest on purchases you make in the first 6 months of your account opening.

Representative example

Most successful applicants will get:

a variable annual purchase rate of
27.95 %
and a variable representative
27.9 %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.

Key facts

Features and benefits

  • The representative rate of this card is 27.9% APR (variable). All successful applicants will get this rate.
  • If you qualify for this card, you will get the lowest offer. This means you will pay 0% interest for up to 16 months on balance transfers made within 90 days opening your account.
  • If you qualify for this card, you will get the lowest offer. This means you will pay 0% interest on purchases for 6 months from opening your account.
  • The annual fee is £0.
  • Accepted wherever you see the Mastercard® sign at over 43 million locations worldwide.
  • You can manage your credit card with Internet Banking, the Mobile Banking app, Telephone Banking and free Text Alerts. You can also go into branch.

Keep in mind

  • You will lose your promotional offers if you exceed your credit limit or don’t make your minimum monthly repayments on time.
  • You will pay a 5% fee on balance transfers. made after 90 days of opening your account.
  • You can transfer balances to us (£100 minimum) from most credit cards and some store cards (if they display the Mastercard®, Amex® or Visa® logo). This excludes Lloyds Bank credit cards.
  • If you are successful in applying, you will be offered a credit limit based on your current status.
  • Any foreign usage will incur a Non-Sterling transaction fee of 2.95% on the amount of the sterling transaction value.
  • This credit card has an annual fee of £0.

    Interest rates

    Outside of introductory promotional periods, the interest you pay on transferred balances, cash transactions, and purchases is 27.95% (variable).

    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 5%.
    The fee for cash transactions is 5%.
    The fee for foreign currency transactions is 2.95%.

    What will be paid off first?

    Your monthly payments will pay off balances with the highest interest rate first, in this order: cash transactions, purchases, balance transfers and money transfers, and then default charges (plus any interest or charges incurred as a result of those balances).

  • SUMMARY BOX – Lloyds Bank Classic CREDIT CARD

    The information contained in this document summarises key product features and is not intended to replace any terms and conditions.

    View your Credit Card summary box (PDF)

  • Draft credit card account terms and conditions (PDF)

    A full set of Terms and Conditions specific to you will be issued once you’ve been accepted for the Credit Card.

  • 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 aren't subject to an Individual Voluntary Agreement.

Important legal information

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

We may monitor or record telephone calls to check 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. Not all Telephone Banking services are available 24 hours a day, 7 days a week. Please speak to an adviser for more information.

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.
Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.