Lloyds Credit Card 0% on purchases error

callum9999

Hi,

I've transitioned between 2 different credit cards over the last couple of months and Lloyds have continually messed it up (for which they've compensated me for and I am now satisfied). However, they seem to have accidently given me 12 months of purchases at 0%. It says I have 0% on my statement, and when I mentioned it to the call centre advisor he could see it on their system as well (though like me, couldn't understand why and didn't want to confirm that it would work).

Does anyone know if this is a known glitch? I'm tempted to stop paying off in full but I'd rather not risk paying out interest if it turns out to not work!

Thanks.

EDIT: The card I have now is the Avios rewards card, and I've just noticed that their Choice Rewards card comes with 13 months 0% purchases. I'm definitely being paid out in Avios though!

eskbanker

callum9999 wrote: »

I'm tempted to stop paying off in full but I'd rather not risk paying out interest if it turns out to not work!

If you're in the habit of paying off in full, do you have other cards that you could spend on while you experiment with not paying off the Lloyds one with just a token purchase or two on it?

callum9999

eskbanker wrote: »

If you're in the habit of paying off in full, do you have other cards that you could spend on while you experiment with not paying off the Lloyds one with just a token purchase or two on it?

I do but the rewards on the Lloyds card are pretty generous in comparison to my other cards and I don't want to lose a whole month of them while finding out. Thanks for the suggestion though.

Considering their generous compensation policies when things go wrong, I'm tempted to just go for it based on the information printed on the statement and then complain about it afterwards if it doesn't work!

Organist

I want to move away from MBNA does anyone know whether the Lloyds Credit Cards are actually managed by Lloyds themselves.

callum9999

Organist wrote: »

I want to move away from MBNA does anyone know whether the Lloyds Credit Cards are actually managed by Lloyds themselves.

Yes they are.