- 1%Cashback on all purchases for the first 12 months
- 0.25%Cashback on all purchases thereafter
1% cashback on all purchases for the first 12 months.
1% cashback on all purchases for the first 12 months, 0.25% thereafter.
12.9% APR variable
The standout feature here is the Lloyds Ultra Visa Credit Card's unlimited 1% cashback on all purchases during the first year, making it a strong choice for those who can pay off their balance in full to maximize rewards.
Pros:
- No annual fee
- High cashback in the first year
Cons:
- Cashback drops significantly after the first year
- Interest can negate cashback benefits
The Lloyds Ultra Visa Credit Card is well-suited for individuals who can consistently pay off their balance in full, allowing them to take full advantage of the unlimited 1% cashback during the first year. With no annual fee, it offers a straightforward rewards structure that may appeal to those looking to earn cashback on everyday spending without incurring additional costs.