Lloyds Ultra Credit Card 2026 Review

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

Lloyds Ultra Credit Card4.0/5

Lloyds

Annual fee
£0
Rewards rate
1%-0.25%
Welcome Bonus
N/A
Apply Now →on Lloyds's website
Regular APR:12.9% Variable APR

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

Welcome Bonus:

N/A

Reward Rate:

1% cashback on all purchases for the first 12 months, dropping to 0.25% thereafter.

APR:

12.9% Variable APR

A key differentiator for the Lloyds Ultra Credit Card is its uncapped cashback rate for the first year, providing a strong incentive for users to maximize their spending.

Pros:

  • No annual fee
  • Uncapped cashback

Cons:

  • Cashback drops after the first year
  • Annual payout structure may not appeal to everyone
Apply now →

The Lloyds Ultra Credit Card may be suitable for individuals seeking a straightforward cashback card with no annual fee and an attractive uncapped cashback rate for the first year. However, those who prioritize welcome bonuses or higher rewards on specific categories may find better options elsewhere.

Frequently Asked Questions

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