Lloyds CC really fee free?

pioneer31 · 27 January 2006 at 10:35AM

They offer 0% for 9 months and BT's are fee free according to this site but in their T&C's it mentions a 2% fee ?

grumbler · 27 January 2006 at 11:29AM

Usually fee for introductory offer BTs is shown explicitly is summary box while BT fee in T&C refers to BTs made outside introductory offer. I have a feeling that they introduced 2% for the Platinum card just now as I don't remember it being in place a few days ago. I think that their Amex card and Create card still don't charge for BTs made within first 6 weeks : http://www.lloydstsb.com/credit_cards/credit_card_comparison_table.asp :

* ... For each Advance and Platinum Card balance transfer there is a 2% fee (minimum £2.50).

Angie8 · 27 January 2006 at 4:09PM

Yep, looks like they've sneaked in a balance transfer fee. B*ggers.

pioneer31 · 29 January 2006 at 9:09AM

I does annoy me the way that the banks are delightfully vague about BT fees.

Looks like Martins list needs updating

Happy_Shrimper · 29 January 2006 at 3:51PM

I phoned before I applied and was told the fee only applies after 6 weeks. Free before.
I will confirm before I do my BT as soon as I get my card and report back.
Anyone else been charged a BT fee recently?

grumbler · 29 January 2006 at 4:18PM

pioneer31 wrote:

Looks like Martins list needs updating

Information has been already updated here: http://www.stoozing.com/0fees.htm

Former_MSE_Dan · 2 February 2006 at 3:17PM

Just to Confirm. Lloyds have introduced a fee on its platinum card for online applications. However you'll still be able to apply in branch and get it fees free.

Happy_Shrimper · 4 February 2006 at 11:08PM

Got my card yesterday and phoned for BT today. No hesitation that there was no fee but I suspect that was because I applied just before it was rumoured about fees.
Looks like I just made it!

Tharweb · 5 February 2006 at 10:08PM

Does this mean as long as you ring them and arrange the transfer by the 6th week or does the balance have to be transferred onto the account by the 6th week?

Can anyone confirm?

Happy_Shrimper · 5 February 2006 at 10:28PM

I suspect that if you applied before they changed the bt fees rule, as long as you transfer within 6 weeks of the account opening, you should be OK. New applications seem to be slapped with 2% going by the other messages in this thread.
Best bet is to call them.

Tharweb · 5 February 2006 at 10:40PM

I didn't make myself very clear. I have confirmed that I won't be charged for the BT but I am waiting to arrange a transfer as I want to do it as late as possible ie. near to the 6 week end date as the 9 months at 0% only starts from then.
I just wondered whether they meant the transfer had to be completed by the 6 week or I had to have arranged it by then...I will ring them

Lloyds CC really fee free?

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