Lloyds Bank Platinum Balance Transfer Card (24 Mths)
If you transfer a balance within 90 days of opening an account, you will get a low rate of 0%. If you do not, this rate will increase to 19.94% P.A. variable and will have a fee of 3%.
Balance Transfers
0% for 24 months with a 1.5% fee
Purchases
0% for 12 months
Representative APR Variable
19.9% APR
Lloyds Bank Platinum Balance Transfer Card (24 Mths)
There are a lot of credit cards to choose from, including credit cards for bad credit and balance transfer credit cards. This means that you will not find yourself short of choice, regardless of what exactly you are looking for. Before going ahead and settling on a credit card, compare your options and sew what is out there. With a wide range of credit cards available, it’s important to consider what each one is offering you. There will be some that tick a number of boxes and offer fantastic rates, as well as those that don’t. When you are looking for a new credit card, consider the Lloyds Bank Platinum Balance Transfer Card. The Lloyds Bank Platinum Balance Transfer Card has a lot to offer, which is why it’s a popular option for many people.
Who Can Apply For A Lloyds Bank Platinum Balance Transfer Card (24 Mths)?
As is the case when applying for any credit card, you need to meet certain requirements in order to be approved for a Lloyds Bank Platinum Balance Transfer Card. This includes being over the age of 18, being a UK resident and having a good credit score. If you have a poor credit rating, you may want to focus your search on credit cards for bad credit. You are much more likely to be approved for a credit card that has been designed specifically for those with bad credit, compared to a card like the Lloyds Bank Platinum Balance Transfer Card.
What Does The Lloyds Bank Platinum Balance Transfer Card (24 Mths) Offer?
- The Lloyds Bank Platinum Balance Transfer Card has an APR of 19.9%, which is on the lower end of the scale. There are some credit cards with a similar APR, though many have APRs that are a lot higher.
- If you are looking for a balance transfer credit card, the Lloyds Bank Platinum Balance Transfer Card is one worth considering. With the Lloyds Bank Platinum Balance Transfer Card, you will receive an introductory offer for all balance transfers. For the first 24 months of holding the card the rate is 0% with a 1.5% fee, as long as you transfer a balance within 90 days of the account being opened. If you do not, this rate rises to 19.94% P.A. variable with a 3% fee.
- With the Lloyds Bank Platinum Balance Transfer Card, you will receive a rate of 0% on purchases for 12 months. This introductory rate is a lot lower than what some other credit cards offer.
If you choose the Lloyds Bank Platinum Balance Transfer Card, you will benefit from a low balance transfer rate and a low purchase rate for the first 24 months and 12 months respectively. The Lloyds Bank Platinum Balance Transfer Card also boasts an APR that is a lot lower than many other credit cards, though it’s not the lowest rate out there.
