Lloyds Bank Platinum Purchase and Balance Transfer Credit Card 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer
Mat C.
Edited by Mat C.
Managing Editor & Senior Developer

Lloyds Bank Platinum Purchase and Balance Transfer Credit Card4.8/5

Lloyds Bank

Annual fee
£0
Rewards rate
15%-0%
Welcome Bonus
The Lloyds Bank 0% Purchase and Balance Transfer Credit Card generally does not offer a direct cash-in-hand welcome bonus or cashback for new applicants.
Apply Now →on Lloyds Bank's website
Regular APR:24.94% Variable APR

  • 15%Cashback via 'Everyday Offers'

Welcome Bonus:

The Lloyds Bank 0% Purchase and Balance Transfer Credit Card generally does not offer a direct cash-in-hand welcome bonus or cashback for new applicants.

Reward Rate:

Key rewards include 15% cashback via 'Everyday Offers' and specialized perks for Platinum account holders.

APR:

24.94% Variable APR

The Lloyds Bank Platinum Purchase and Balance Transfer Credit Card stands out as the top choice because it offers an impressive 0% interest on purchases for up to 25 months and balance transfers for up to 23 months, making it ideal for those looking to manage their finances without incurring interest.

Pros:

  • Long 0% interest period on purchases and balance transfers
  • No annual fee

Cons:

  • No direct welcome bonus
  • Balance transfer fee applies
Apply now →

The Lloyds Bank Platinum Purchase and Balance Transfer Credit Card is well-suited for individuals seeking to consolidate existing debt or make significant purchases without facing interest charges for an extended period. With its lengthy 0% interest offers, it can be particularly beneficial for those who need time to pay off balances while managing their cash flow effectively.

Frequently Asked Questions

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