Lloyds Bank expands credit cards range with three new products

Lloyds Bank has expanded its credit cards range by launching three new products.

Lloyds Bank expands credit cards range with three new products

These include the 32/6 Lloyds Bank Transfer Card, the 19/19 Lloyds Bank Transfer Card and the 16/6 Lloyds Bank Transfer Card.

The 32/6 Lloyds Bank Transfer Card offers 0% interest rate for up to 32 months. Later, it will offer a variable rate of 18.94% annual purchase rate (APR) for majority of customers as well as charge 1.69% balance transfer fee within the first 90 days, reported QCK.com.

The card will also provide six months free interest on new purchases. Customers can save approximately £772.63 over the duration of 32 months.

The 19/19 Lloyds Bank Transfer Card offers a 0% interest rate for 19 months and afterwards a variable rate of 18.94% APR for most customers. It also offers 19 months interest-free on new purchases.

The card will charge a 1% fee on balances transferred over the first 90 days and allows customers to save £490.15 over the 19-month period.

The 16/6 Lloyds Bank Transfer Card provides 0% interest rate for 16 months and afterwards a variable rate of 18.9% APR for most customers.

It carries a 0% fee on balances transferred within the first 90 days and offers six months free interest on new purchases. The card would save customers £435.99 over the 16-month period.

Lloyds Bank Credit Cards representative Mark Powys told QCK.com: “We have enhanced our suite of credit cards by launching three new products, offering more choice as well as better value for customers.”