Mortgage support
Worried about paying your mortgage? We have various ways that we can help you.
Moving money from your Lloyds Bank credit card to your current account could be useful for dealing with unplanned expenses or for when you canāt use plastic.
Money transfers are generally either 0% p.a. interest for a set time period or a longer-term fixed low interest rate. You might be offered one or both types of transfer on your account.
Youāll usually be charged a fee for each individual money transfer made. This will be a percentage of the amount transferred and will be added to the balance. For example, a transfer of Ā£1,000 with a 3% fee would result in a Ā£30 transfer fee.
You need to make at least the minimum payment and stay within your credit limit every month to keep your promotional rate and not incur extra fees or charges. If youāve got a Direct Debit set up, check the amount due after your transferās approved, especially if you normally clear your balance in full.
If you need to increase your credit limit to do a money transfer, the simplest way is online. Alternatively, you can call 0345 606 2171 Lines are open 8am ā 8pm, seven days a week.
Not all Telephone Banking services are available 24 hours a day, seven days a week.
As soon as transactions show on your monthly statements, those with a higher-interest rate will be paid before any lower-rate balances, including any promotional rates that might be finishing soon.
Balances with the same interest rate will be paid off in the following order:
For each type of balance, the oldest transactions and any related fees, charges and insurance, will be paid first.
Because money is transferred to your current account and you use your debit card or cash to make a purchase, it wonāt be eligible for Section 75 of the Consumer Credit Act 1974 protection.
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.