Introductory offers are available to new credit card customers only.
Terms and conditions apply to all Lloyds TSB credit card benefits. Full details will be sent with your card.
Balances must be transferred from non-Lloyds TSB group credit cards or store cards within 6 weeks of account opening to benefit from the introductory offer. Minimum balance transfer is £100 and is subject to your credit limit. Your monthly payments will pay off your interest, charges and if relevant, Payment Protection Premiums first. After this we put the rest of your payment to promotional balances (see section 6 of customer conditions for further details of payment allocation). This means that balances on lower rates such as balance transfers are paid off before other balances.
For each individual balance transfer there is a 3% fee. Interest is charged on balance transfer fees.
You must spend a minimum of £100 in the first three months to get the introductory balance transfer offer for the Platinum, Advance and Airmiles Duo credit cards. If purchases are less than £100 in the first 3 months the introductory offer is for 3 months from when the account was opened.
Monthly payments reduce the balance transfer first so you pay interest on purchases at the standard rate until balance transfers are paid off. For the Advance credit card you won’t pay interest on purchases at the standard rate until after the 6 month introductory interest free period on purchases ends.
