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.
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.
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.