Lloyds Ultra Credit Card
Lloyds Bank
Annual fee
£0
Rewards rate
1%-0.25%
Welcome Bonus
The Lloyds Ultra Credit Card does not offer a traditional one-off points or cash welcome bonus.
Apply Now →on Lloyds Bank's website
Regular APR:12.9% Variable APR
- 1%Cashback on purchases in the first 12 months
- 0.25%Cashback on purchases thereafter
Welcome Bonus:
The Lloyds Ultra Credit Card does not offer a traditional one-off points or cash welcome bonus.
Reward Rate:
Offers uncapped 1% cashback on purchases in the first 12 months, dropping to 0.25% thereafter.
APR:
12.9% Variable APR
The Lloyds Ultra Credit Card shines for its competitive cashback offer, providing 1% on all purchases for the first year, making it a strong choice for both everyday spending and travel.
Pros:
- 1% cashback for the first year
- No foreign exchange fees
Cons:
- Lower cashback rate after the first year
- No monthly account fee
The Lloyds Ultra Credit Card may be particularly suitable for individuals seeking a no-annual-fee card that offers a solid cashback rate on everyday purchases, especially in the first year. However, those who prioritize higher rewards or a welcome bonus may want to consider alternative options.