Lloyds Bank Ultra Credit Card Visa
Lloyds Bank
Annual fee
£0
Rewards rate
1%-0.25%
Welcome Bonus
1% cashback
Apply Now →on Lloyds Bank's website
Regular APR:12.9% Variable APR
- 1%Cashback on all purchases for the first year
- 0.25%Cashback on all purchases thereafter
Welcome Bonus:
1% cashback on all purchases for the first 12 months.
Reward Rate:
1% cashback on all purchases for the first year.
APR:
12.9% Variable APR
The standout feature here is the unlimited cashback for the first year, making it an attractive option for those who want to earn rewards on their everyday spending.
Pros:
- Unlimited cashback
- No foreign exchange fees
Cons:
- Cashback drops after the first year
- Interest rates can change
The Lloyds Bank Ultra Credit Card Visa may be suitable for those seeking a no-annual-fee option with a straightforward cashback reward structure, particularly appealing to individuals who anticipate making regular purchases in the first year to take advantage of the unlimited cashback offer. However, potential users should consider their spending habits, as the reward rate decreases after the initial period.