Information about Balance Transfers

A Balance Transfer allows you to move balances from another credit card to your Lloyds Credit Card. This will help you save money on interest payments, which could be used for something worthwhile.

Your Lloyds Bank credit card terms and conditions won't change. This offer is subject to status.

Things to consider before making a transfer

  • Minimum transfer amount - The minimum transfer amount is £100 and a transfer fee may apply.
  • Card change - If you have recently swapped your credit card and this offer has been received as a promotion for your old card, you will not be able to apply for this offer.
  • Promotional offers - These offers are exclusive and only available to you and only apply to new transfers made.
  • Interest on purchases - To benefit from paying no interest on purchases you will need to pay off your monthly statement balance in full each month (which will include any balances transferred). Different conditions may apply if you have a promotional rate for your purchases.
  • Payments - Any payments you make will firstly pay off your transactions with the highest interest rate charge on, followed by the next highest, and so on.

Once we receive your payment instruction and your transfer has been approved it should reach your account by the next working day. If we need to carry out any additional security checks we’ll contact you by phone or SMS to inform you.

How to make a Balance Transfer

You can make a transfer from most credit cards and some store cards (which display the Mastercard®, Amex®, or Visa® logo) but not from other Lloyds Bank Credit Cards, loan companies or bank accounts.

You’ll need to continue making payments to your other card(s) as usual until the transfer shows on that card’s statement.

Apply online

Log in to Apply

To make a transfer online you will need to register for Internet Banking. It is easy to do and will only take a few minutes.

Apply by phone

Alternatively, you can call us on 0345 450 4467 to apply over the phone or visit us in branch. You will still need your offer code from the email.
Lines are open 8am-10pm Monday to Friday, 9am-5pm Saturday and Bank Holidays. Calls may be monitored or recorded.

Lloyds Bank Duo Avios Credit Card Customers

If you are a Lloyds AVIOS customer you could be entitled to additional Bonus AVIOS if you’re doing a balance transfer.

On balance transfers you’ll collect 1,500 Bonus Avios for every whole £1,000 you transfer. Bonus Avios are only awarded on whole thousands of balances transferred - £1,000, £2,000, £3,000 etc.

Bonus Avios would not be awarded to a transfer of £999 or if the balance is split between more than one credit card or store card. Once completed, Bonus Avios will appear on your Credit Card statement under ‘Bonus’.

If there is anything else you need to know about AVIOS take a look at their Frequently asked questions.