Lloyds TSB Airmiles Duo Credit Card

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  • Cash Advance Fee:
  • Cash Advance Rate:
  • Intro Balance Transfer Duration:
  • Intro Balance Transfer Fee:
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  • Representative APR:
  • Standard Purchase Rate:
  • 3%
  • 27.95% p.a.
  • 6 months
  • 3%
  • 0% p.a.
  • 15.9% p.a. variable
  • 15.94% p.a.

Pros

  • A great way to earn Airmiles as you spend

  • Earn Airmiles on balance transferred

  • Relatively long interest free period

Cons

  • A comparatively uncompetitive balance transfer offer

  • No introductory interest offer on purchases

Best Features of the Lloyds TSB Airmiles Duo Credit Card

  • Earn Airmiles on all your purchases
  • Get additional Airmiles when shopping at select partners
  • Two credit cards linked to one account

Our Review

The Lloyds TSB Airmiles Duo account comes with two credit cards, ideal if you want collect airmiles in a hurry! The credit card also comes with a 0% p.a. interest rate on all balance transfers for the first 6 months and a decent purchase rate of 15.94% p.a.. With no annual fee and a generous reward scheme, the Lloyds Airmiles Duo account is a must-have.

Who it’s for

The Airmiles Duo account is ideal for anyone who regularly uses their card to shop and pay bills, but wants to get rewarded for doing so. With no annual account fee and a 56 day interest free period, the Airmiles Duo account is a win/win if you can afford to pay off the balance in full each month.

Eligibility

If you want to apply for the Duo account you must be over 18 and be a UK resident. Unlike other reward cards, there is no minimum salary requirement which makes this card ideal for people of all ages.

Balance transfers

Lloyds offer a 0% p.a. interest rate on all balance transfers for 6 months. If you want to make a transfer bear in mind you must do this within the first 90 days of opening the account and it’s also subject to a standard 3% handling fee. Lloyds TSB also offer 150 Airmiles for every £1,000 transferred across.

Purchases

The Duo credit card account has a 56 day interest free period on all purchases, making it excellent value for money if you can afford to pay off your balance in full at the end of the month. The rate thereafter is only 15.94% p.a., which is very competitive with the market.

Rewards

The Lloyds TSB Duo credit card account comes with not one but two credit cards. The MasterCard offers 1 Airmile point for every £50 spent in the UK and 2 if you are spending abroad. The American Express card offers 1 point for every £10 spent. Redeeming Airmiles is quick and easy, so it won’t be long before you’re jetting away to New York courtesy of Lloyds.

Cash advances

If you’re planning on using the Duo credit card to withdraw cash, think again. Lloyds charge 27.95% p.a. per annum with no interest free period so it can quickly add up. You’ll also be charged a 3% fee for cash advances.

Security & fraud protection

Lloyds offer all Duo account holders online shopping protection whereby you are covered for any loss incurred due to fraudulent activity online. Lloyds ClickSafe technology offers further protection when you’re shopping online by asking for a pre-registered personal password before a transaction can be completed.

Conclusion

The Lloyds TSB Airmiles Duo account is a top-notch rewards card and is one the fastest ways to rack up Airmiles. With no annual fee to pay and a 56 day interest free period on all purchases, the Duo account is one of the cheapest travel reward credit cards on the market.

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