Interested in a low-interest credit card that allows you to shop conveniently? Want to avoid annual fees?

With the Lloyds Bank Low Rate Platinum Credit Card, you can benefit from these perks and more. Read on to find out how you can apply today.

Interested in a low-interest credit card that allows you to shop to your heart’s content? Lloyds Bank Low Rate Credit Card is for you. Here's how to apply:
Lloyds Bank Low Rate Platinum Credit Card

Benefits and Features of a Lloyds Bank Low Rate Platinum Credit Card

Powered by Mastercard, one of the highlights of this credit card is its ability to offer low-interest rates to cardholders. Depending on your credit score and history, you can be given a variable purchase rate as low as 6.45%.

Another feature of the Lloyds Bank Low Rate Credit Card is that it has no balance transfer fees for the first 90 days of opening your account. This means that instead of paying a 3% fee on balance transfers, you can avail of this offering free of charge for a special introductory period.

On top of this, you get to enjoy this credit card with absolutely no annual fees. And since it’s powered by Mastercard, you’ll be happy to know that you can access your account or your funds at over 43 million locations around the globe.

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Now that you’re familiar with some of the perks of the Lloyds Bank Low Rate credit card, read on to learn about eligibility and how you can apply for one today.

How to Apply for a Lloyds Bank Low Rate Platinum Credit Card

To qualify for this credit card, you need to be at least 18 years old, and you must be a resident in the United Kingdom.

Apart from this, you must also have a regular income and good credit standing. This means that you should be free from County Court Judgments, free from bankruptcy, and you can’t be subject to an Individual Voluntary Agreement. The bank may also ask for other documents and relevant personal information.

Getting the Lloyds Bank Low Rate Credit Card can be done by applying through the Lloyds Bank website.

If your application is approved, you will be given a credit limit starting from £250. The maximum amount depends on your creditworthiness and circumstances, though. You can receive a decision in as little as 5 minutes.

Lloyds Bank Low Rate Credit Card Fees and Charges

Take a look at this brief overview of fees and rates you can expect with this credit card. It is always advisable to pay your card on time so that you don’t hurt your credit score. Refer to the Summary Box of Rates & Charges on the Lloyds Bank website for more details on fees.

  • £0 annual fees
  • Representative APR – 6.45% (could be up to 14.9%)
  • Balance transfer interest rate – 6.45% or 14.94%
  • Cash transaction fee – 3% or a minimum of £3
  • Failure to make minimum payment fee – £12
  • late payment charge – £12

Conclusion

If you are after low fees and a some good perks, the Lloyds Bank Low Rate Platinum Credit Card is a useful option to have. Visit the Lloyds Bank website to begin the application process today.

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