Lloyds Bank Cashback credit card

nick74

hoc said:

Is it worth me switching my Lloyds Bank Platinum MasterCard to this?

I seem to have a standard "Lloyds Bank Platinum MasterCard", not one of the specialist ones. In my statement it says:

Your standard interest rates are:
19.30% p.a. (variable) for Cash Transactions
19.30% p.a. (variable) for Purchases
19.30% p.a. (variable) for Balance Transfer and Money Transfers
17.77800%  p.a. (variable) for Default charges

Is there anything else I can check to compare? I always pay on time in full so the APR is not relevant to me and I never use the card abroad.

I have a large credit limit of 12k. Any chance swapping to this would cause it to reduce?

If you never borrow on the card or use it abroad then there doesn't seem to be any possible downside to swapping to the cashback card. I have swapped between various different Lloyds cards in the past and my credit limit remained the same each time.

[Deleted User]

Deleted_User said:

Deleted_User said:

Deleted_User said:

Deleted_User said:

dr_adidas01 said:

Deleted_User said:

Has anyone managed to change from a Halifax card to a Lloyds one? I have a really old Halifax cashback card (like 22 years open sort of old) but as I spend over £4000 over the course of a year this would be quite nice to have instead, I asked the AI bot thing in the Halifax app but it didn't understand my question...

I asked Lloyds if I could do it with an old halifax credit card and was told they don't do this as they are two separate brands even though they are owned by Lloyds Banking group.  I was told I would have to apply separately for the rewards credit card which I have done.

Thanks, I will apply separately then, might finally be time to retire the old Halifax one except for the couple of CPAs I have on it for subscriptions to keep it active.

Edit, applications initially approved, £4k limit, if it gets final approval, will start the fun task of changing all my saved cards

Im the same, mines was approved on the eligibility check tonight with a £700 credit limit, and then it said we are processing it. Hopefully it will get final acceptance. 

If it helps, I was given an account, activation letter send for online banking and card is on there so probably should be good to go

Was on the phone with them tonight the lady said it had to be passed on to a higher lending department for further checks, apprently those have all passed and the credit card application is now "awaiting fulfillment" so im guessing that means it's just waiting for a card number to be allocated, which presumably will be done when the systems refresh overnight.

Got the text today saying it's being sent out so now I just need it so I can work on the £1000 for the 3 months spend £20 bonus

[Deleted User]

Deleted_User said:

Deleted_User said:

Deleted_User said:

Deleted_User said:

Deleted_User said:

dr_adidas01 said:

Deleted_User said:

Has anyone managed to change from a Halifax card to a Lloyds one? I have a really old Halifax cashback card (like 22 years open sort of old) but as I spend over £4000 over the course of a year this would be quite nice to have instead, I asked the AI bot thing in the Halifax app but it didn't understand my question...

I asked Lloyds if I could do it with an old halifax credit card and was told they don't do this as they are two separate brands even though they are owned by Lloyds Banking group.  I was told I would have to apply separately for the rewards credit card which I have done.

Thanks, I will apply separately then, might finally be time to retire the old Halifax one except for the couple of CPAs I have on it for subscriptions to keep it active.

Edit, applications initially approved, £4k limit, if it gets final approval, will start the fun task of changing all my saved cards

Im the same, mines was approved on the eligibility check tonight with a £700 credit limit, and then it said we are processing it. Hopefully it will get final acceptance. 

If it helps, I was given an account, activation letter send for online banking and card is on there so probably should be good to go

Was on the phone with them tonight the lady said it had to be passed on to a higher lending department for further checks, apprently those have all passed and the credit card application is now "awaiting fulfillment" so im guessing that means it's just waiting for a card number to be allocated, which presumably will be done when the systems refresh overnight.

Got the text today saying it's being sent out so now I just need it so I can work on the £1000 for the 3 months spend £20 bonus

Mines was surprisingly declined, I recieved an email last night, despite the lady telling me the underwriters reviewed it and it passed all the checks and I would definatly get the card, on to the complaints team now hopefully can get it sorted. 

[Deleted User]

Deleted_User said:

Deleted_User said:

Deleted_User said:

Deleted_User said:

Deleted_User said:

Deleted_User said:

dr_adidas01 said:

Deleted_User said:

Has anyone managed to change from a Halifax card to a Lloyds one? I have a really old Halifax cashback card (like 22 years open sort of old) but as I spend over £4000 over the course of a year this would be quite nice to have instead, I asked the AI bot thing in the Halifax app but it didn't understand my question...

I asked Lloyds if I could do it with an old halifax credit card and was told they don't do this as they are two separate brands even though they are owned by Lloyds Banking group.  I was told I would have to apply separately for the rewards credit card which I have done.

Thanks, I will apply separately then, might finally be time to retire the old Halifax one except for the couple of CPAs I have on it for subscriptions to keep it active.

Edit, applications initially approved, £4k limit, if it gets final approval, will start the fun task of changing all my saved cards

Im the same, mines was approved on the eligibility check tonight with a £700 credit limit, and then it said we are processing it. Hopefully it will get final acceptance. 

If it helps, I was given an account, activation letter send for online banking and card is on there so probably should be good to go

Was on the phone with them tonight the lady said it had to be passed on to a higher lending department for further checks, apprently those have all passed and the credit card application is now "awaiting fulfillment" so im guessing that means it's just waiting for a card number to be allocated, which presumably will be done when the systems refresh overnight.

Got the text today saying it's being sent out so now I just need it so I can work on the £1000 for the 3 months spend £20 bonus

Mines was surprisingly declined, I recieved an email last night, despite the lady telling me the underwriters reviewed it and it passed all the checks and I would definatly get the card, on to the complaints team now hopefully can get it sorted. 

I guess the initial low limit was a sign they were being a bit more wary with your application. I hope you sent it to the appeals / manual review though as I wouldn't be optimistic a complaint would succeed as they can just refer to the computer says no sort of answer

ccdorset

I have an existing Lloyds Platinum Credit Card and tried to swap it to the Cashback card online, however I couldn't get past the eligibility checker, it just said there was a problem and to try again later.

However, when I try again it now says I have an application in the system so cannot apply again as it may be approved.

I phoned Lloyds today and they said that apparently they have not been able to swap any existing cardholders to the cashback card, due to a technical problem which the IT team are trying to fix. They advised me to try again at the end of the week or early next week. :-(

deinoflex

ccdorset said:

I have an existing Lloyds Platinum Credit Card and tried to swap it to the Cashback card online, however I couldn't get past the eligibility checker, it just said there was a problem and to try again later.

However, when I try again it now says I have an application in the system so cannot apply again as it may be approved.

I phoned Lloyds today and they said that apparently they have not been able to swap any existing cardholders to the cashback card, due to a technical problem which the IT team are trying to fix. They advised me to try again at the end of the week or early next week. :-(

I tried the same thing last week, failed with can't be done online, tried again following day, didn't get the 'application in progress' but got the same online failure, rang them up, got the 'wait till next week for it to be sorted' response. I gave up and applied for the cashback card as an extra card. Once it's up and running I'll close the platinum one.

jay1804

deinoflex said:

ccdorset said:

I have an existing Lloyds Platinum Credit Card and tried to swap it to the Cashback card online, however I couldn't get past the eligibility checker, it just said there was a problem and to try again later.

However, when I try again it now says I have an application in the system so cannot apply again as it may be approved.

I phoned Lloyds today and they said that apparently they have not been able to swap any existing cardholders to the cashback card, due to a technical problem which the IT team are trying to fix. They advised me to try again at the end of the week or early next week. :-(

I tried the same thing last week, failed with can't be done online, tried again following day, didn't get the 'application in progress' but got the same online failure, rang them up, got the 'wait till next week for it to be sorted' response. I gave up and applied for the cashback card as an extra card. Once it's up and running I'll close the platinum one.

If you closed your old account consolidate the limits first.

Fingerbobs

Just applied, accepted, and new account showing up in Online Banking, all within 10 minutes. 
Credit limit is a measly £1k, which could get annoying unless I can redistribute the limit from my existing Lloyds c/c. 
I applied for a new card, rather than converting the existing one, so I'm eligible for the £20 bonus. 

Costabit

Fingerbobs said:

Just applied, accepted, and new account showing up in Online Banking, all within 10 minutes. 
Credit limit is a measly £1k, which could get annoying unless I can redistribute the limit from my existing Lloyds c/c. 
I applied for a new card, rather than converting the existing one, so I'm eligible for the £20 bonus. 

Similar experience from me. Easy to apply for and card arrived 3 days later. Got the PIN number from online banking so changed it at the cashpoint and started spending on the card same day.
Credit limit of £3k on a pension income of £10k so all in all a very positive experience with Lloyds.

[Deleted User]

My card rocked up yesterday too, no PIN letter sent but app works fine to get it. Card activated and spending went through fine. Interface on app is basically the same as the Halifax one in different colours as you'd expect, no problems with payments