Lloyds Bank 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 Credit Card4.6/5

Lloyds Bank

Annual fee
£0
Rewards rate
1%-0.25%
Welcome Bonus
1%
Apply Now →on Lloyds Bank's website
Regular APR:12.9% representative (variable)

  • 1%Cashback on all purchases for the first year
  • 0.25%Cashback on all purchases after the first year

Welcome Bonus:

1% cashback on all card purchases for the first 12 months.

Reward Rate:

1% cashback on all spending for the first year, dropping to 0.25% thereafter.

APR:

12.9% representative (variable)

The standout feature here is the 1% cashback on all purchases for the first year, making the Lloyds Ultra Credit Card an attractive option for those looking to maximize their rewards while enjoying no foreign exchange fees.

Pros:

  • 1% cashback for the first year
  • No foreign exchange fees

Cons:

  • Cashback drops to 0.25% after the first year
  • Variable APR can be high
Apply now →

The Lloyds Bank Credit Card is suitable for individuals who seek a no-annual-fee card with a solid introductory cashback offer, particularly those who plan to make regular purchases in their first year. Its lack of foreign exchange fees also makes it a viable option for travelers, although the ongoing rewards rate may be less competitive compared to other cards in the market.

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