Lloyds Ultra Credit Card

vernall

EarthBoy said:

vernall said:

Thanks

i knew I hadn’t imagined it

this is what it shows for me though

That says your statements will show how much cashback you've earned, but it doesn't say that's it's paid every month.  It's saved up and paid in January, so it only reduces the January balance.

Ah i see, I just presumed it would be paid out via some method. I am guessing if Jan statement balance is zero, I will be in credit then if they pay the cashback

vernall

Just so as I get this right… as I have Martin in my head saying ‘Pay Off IN FULL’ lol

for example, if my statement balance was £500 with a payment date of 28th and I am still spending on the card so the balance is increasing, to maintain 0% - do they need to receive a payment of £500 by 28th or do I need to make a payment to get it to zero by 28th? 

Gandalf644

vernall said:

Just so as I get this right… as I have Martin in my head saying ‘Pay Off IN FULL’ lol

for example, if my statement balance was £500 with a payment date of 28th and I am still spending on the card so the balance is increasing, to maintain 0% - do they need to receive a payment of £500 by 28th or do I need to make a payment to get it to zero by 28th? 

It is the monthly statement balance which needs to be paid in full and on time. So if your statement says £500, that is the amount you need to pay off to avoid paying interest (unless you are on a timed 0% deal which the Ultra doesn't offer, which is when only the minimum needs paying every month). 

If you have uncleared or pending transactions not showing on the statement, they will appear on next month's statement, which in turn needs paying off in full by the due date and so on. 

vernall

Gandalf644 said:

vernall said:

Just so as I get this right… as I have Martin in my head saying ‘Pay Off IN FULL’ lol

for example, if my statement balance was £500 with a payment date of 28th and I am still spending on the card so the balance is increasing, to maintain 0% - do they need to receive a payment of £500 by 28th or do I need to make a payment to get it to zero by 28th? 

It is the monthly statement balance which needs to be paid in full and on time. So if your statement says £500, that is the amount you need to pay off to avoid paying interest (unless you are on a timed 0% deal which the Ultra doesn't offer, which is when only the minimum needs paying every month). 

If you have uncleared or pending transactions not showing on the statement, they will appear on next month's statement, which in turn needs paying off in full by the due date and so on. 

That’s what I was thinking, just wanted to make sure, thank you 

Barnsey_

First time I've failed an eligibility check for any card.....ever...... don't know why of course. My credit scores are very good and nothings changed recently with my records so really have no idea why I was refused. I could really do with appealing but just can't be bothered. I really wanted the 1% Cashback as well. Dang it. 

Desmond_Hume

Barnsey_ said:

First time I've failed an eligibility check for any card.....ever...... don't know why of course. My credit scores are very good and nothings changed recently with my records so really have no idea why I was refused. I could really do with appealing but just can't be bothered. I really wanted the 1% Cashback as well. Dang it. 

Appealing what? To whom? They’re not obliged to give you anything if they don’t want to. 

SickGroove

Good morning,

Signed up & got accepted over the weekend.

Can now see the account & card within the app but unable to add card to Google wallet.

Do I need to wait for the physical card to arrive in the post first, before I can add it to my Google wallet?

Thanks

tom192

SickGroove said:

Good morning,

Signed up & got accepted over the weekend.

Can now see the account & card within the app but unable to add card to Google wallet.

Do I need to wait for the physical card to arrive in the post first, before I can add it to my Google wallet?

Thanks

I think you have to use the card first - mine did the same wouldn't let me add to Google wallet - I changed my pin at a cash machine and then it allowed me to. Suspect its a form of activation on the card - and to stop a random stranger intercepting the card in the post and then spending on their own Google wallet.

Pin is available in the Lloyds app - my pin took ages to turn up in the post

E_zroda

tom192 said:

SickGroove said:

Good morning,

Signed up & got accepted over the weekend.

Can now see the account & card within the app but unable to add card to Google wallet.

Do I need to wait for the physical card to arrive in the post first, before I can add it to my Google wallet?

Thanks

I think you have to use the card first - mine did the same wouldn't let me add to Google wallet - I changed my pin at a cash machine and then it allowed me to. Suspect its a form of activation on the card - and to stop a random stranger intercepting the card in the post and then spending on their own Google wallet.

Pin is available in the Lloyds app - my pin took ages to turn up in the post

Not my experience - had to leave UK before my card arrived, but using the info from the app added the card to Google wallet and used many times for couple of weeks before returning to UK.

grumpy_codger

E_zroda said:

tom192 said:

SickGroove said:

Good morning,

Signed up & got accepted over the weekend.

Can now see the account & card within the app but unable to add card to Google wallet.

Do I need to wait for the physical card to arrive in the post first, before I can add it to my Google wallet?

Thanks

I think you have to use the card first - mine did the same wouldn't let me add to Google wallet - I changed my pin at a cash machine and then it allowed me to. Suspect its a form of activation on the card - and to stop a random stranger intercepting the card in the post and then spending on their own Google wallet.

Pin is available in the Lloyds app - my pin took ages to turn up in the post

... using the info from the app added the card to Google wallet ...

You can add it directly from the app: 
Card >> Google Pay >> Add to G Pay