Travel rewards go further as Lloyds Bank boosts online credit card offer

Lloyds Bank has reinforced the market leading Lloyds Bank Avios Rewards Credit Card Account with its new purchase power and balance transfer offer.

The Avios Reward credit card will offers:

Purchases: 0% interest-free on new purchases for the first 16 months

Balance transfers: 0% interest rate lasting 18 months. This carries an effective 3.0% fee on balances transferred within the first 90 days.

The dual credit card account offers travel and leisure rewards to customers, enabling them to collect Avios on everyday spending. Avios can be used on flights, hotels, days out, car hire and more.

As well as the collection power on travel rewards through Avios, additional money-saving benefits include:

No transaction fees when spending abroad (typically 2.95%)

A flight upgrade voucher to be used up to Business Class, when a customer spends £7,000 in a year

Double Avios on the Lloyds Bank Avios Rewards American Express® Credit Card for the first six months up to the value of £2,500

A £24 annual fee will apply to the Lloyds Bank Avios Rewards Credit Card Account.

Mark Powys, Head of Credit Cards, Lloyds Bank

“The Lloyds Bank Avios Rewards Credit Card Account helps customers pay for purchases over 16 months without paying any interest. In the lead up to the festive season, this is a great way for customers to spread the cost of Christmas.

“Customers will earn double Avios on spend for the first six months helping customers earn flights faster. In addition, they won’t pay any foreign exchange when they get there, cutting the cost of travel abroad.”