Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases

As a mom, staying in control of your finances can be challenging. Managing a home, taking care of your kids, and juggling their needs can be demanding. A credit card can help you finance your day-to-day purchases and reach your financial goals by staying on track with your budget.


Lloyds Bank’s large purchase credit card is one such card that’s specifically designed to help mums make large purchases for years. In this article, we’ll take a look at this credit card and whether it’s the right fit for you.

  • About the Lloyds Bank Large Purchase Credit Card
  • What Features Can Mothers Expect From The Lloyd’s Credit Cards?
  • How to Apply for a Lloyd’s Bank Credit Card
  • Fees and Interest Rates You’ll Pay
  • What Benefits Do Mothers Experience From Using the Large Purchase Credit Card?
  • Address and Contact for Lloyds Bank
Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay

About the Lloyds Bank Large Purchase Credit Card

The Lloyds Bank credit cards are custom built to put the customer’s needs first. Likewise, the Large Purchase credit card is a handy way to help you buy essential but pricey items that would otherwise be unaffordable. Allowing you to pay later without the usual fees and penalties that come with standard credit cards.


As a new or expecting mother, you and your baby will have needs such as a cot, stroller, baby clothes, and other necessities. With generous rewards and flexible payment plans, the Large Purchase credit card is an excellent way to ensure that you can provide for your child.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Unsplash

What’s more, it comes with an introductory offer rate and Section 75 protection on most purchases between €100 and €30,000. This means your purchase is protected against fraud and you can claim a refund from the company if something goes wrong.

Why Lloyds Bank?

Lloyds Bank is a generational British bank operating for over 250 years. They offer many special features, including available use of the internet and mobile banking, great savings rates, and helpful customer service.

That being said, the bank offers a range of Credit Cards suitable for all lifestyle choices—from a cashback card to one that offers travel insurance or even one which allows you to earn rewards when shopping online or out and about.

What Features Can Mothers Expect From the Lloyd’s Credit Cards?

The Large Purchase credit card offers the same benefits as a traditional credit card yet can be used in high-volume merchants at a low-interest rate. Plus, your credit card is contactless and can be used for payment wherever you find the contactless symbol.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay

For easier card management, download the mobile app on your Apple or Android devices. You can check balances, make payments, review transaction history, and request balance transfers from your mobile device without needing to visit the bank with your children in tow.

Furthermore, this credit card doesn’t have you ever thinking about paper documents. It sends all your statements straight to your email so you can keep your home clutter-free, and spend more time with your family.

Fraud Handling

As a Lloyds LP credit card holder, you get standard conflict resolution for fraud protection. This means the bank won’t charge you for any transaction that wasn’t carried out by you or an authorized signatory like your child.

You’ll also get protection against unauthorized use of your card abroad, plus emergency cash if your card is lost or stolen.

You must, however, take all measures to prevent such an occurrence. One way to do that is not to give any unauthorized person your card pin and to encourage your children to do the same.

How to Apply for a Lloyd’s Bank Credit Card

The first step to applying for a Lloyds Bank credit card is to check your eligibility using Lloyd’s One Check. With this quick eligibility check, you fill out a short form and are provided with a list of cards you’re eligible for and an estimated credit limit without affecting your credit score.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay

You can log in to check your eligibility and then choose whether to apply or not. In the case that you don’t want to log in, you can simply answer a few more questions and cake-walk through the process. Whichever option you choose, your application is done and dusted within minutes.

When your One Check result comes up with a list of eligible credit card options, select the Large Purchases card and follow the instructions on the screen. You can expect a response from Lloyds bank within 24 hours time.

Worried About Your Data?

​​Even if you don’t submit your application, Lloyds Bank won’t share your data with any third parties. The bank will also clear your form data after you’ve been inactive for a period of time.

In its Privacy Policy, Lloyds Bank outlines how your data is handled from the eligibility check stage, application, approval, and use of the cards. This reinstates that any information you provide to the bank is treated as confidential. The bank promises to handle your data responsibly and in accordance with its privacy policy.

Fees and Interest Rates

As with other credit cards, the Lloyds Bank Large Purchase credit card comes with associated fees and interest rates.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay

Before applying for a new credit card, you should thoroughly read the terms and conditions of any credit card, including fees and rates. Below is a list of interest rates and fees that may apply to you.

  • Balance transfers in the first 90 days: £20 cashback bonus on your balance, if you’ve made £1,000 of purchases
  • 0.5% cashback on further purchases once you’ve made over £4,000 of purchases per calendar year

Fees and charges levied to your account may also include an annual fee, cash transaction fee, non-sterling transaction fee, non-introductory balance transfer fee, non-introductory money transfer fee, and annual percentage rate. However, Lloyds Bank does not advertise the specific details of these fees.

Who Is Eligible for a Lloyds Credit Card?

Before starting the registration process, you need to double-check if you meet the prerequisite criteria to hold a Lloyds Bank credit card. First and foremost, you must first be a United Kingdom resident aged eighteen and above.

Secondly, you must be salaried or self-employed with a regular annual income. Also, your credit file shouldn’t have any bankruptcies, Individual Voluntary Agreements (IVAs), or County Court Judgements (CCJs).

Lastly, it’s important that you have not applied and been declined for a Lloyds Bank credit card within the last thirty days. If you are within that time period, wait a few more days, then apply again.

What Benefits Do Mothers Experience from Using the Large Purchase Credit Card?

Getting a credit card will help you meet financial family obligations and free you from the immediate worry about how to urgently fund the costly essentials that you require. This means you’ll be able to plan ahead of time on how you’ll afford and pay for those items.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay

But what if you get the card and change your mind? Once you receive the card and the pin, you’re not stuck with it forever. Lloyds Bank provides a 14-day trial period where customers can withdraw from the credit card agreement.

If, during this period, you realize that this card isn’t for you, inform the bank in writing or reach out via a phone call. You must then pay back any outstanding balance immediately or within a 30-day grace period.

Note: You’ll still need to pay the specified interest rates but not any overhead charges or fees associated with your credit card. A customer care representative will let you know what interest rates you will pay via direct debit, internet banking, telephone, debit card, physical branch deposit, or the post office.

Hidden Cons

Caring for yourself and your child comes with numerous expenses from clothes, eatables, essential household items, and much more. But, if you’re not good at keeping track of bills, this can lead to disaster. Only when you have a good financial management base and know how to fund your spending will you be able to leverage this credit card to your benefit.

If you have one, ensure that you sit with your partner and map out how you intend to repay the credit card payment. Also, conduct enough research, read articles about credit cards, and be sure if a credit card is the right financial decision for you.

If you discover it’s not a good fit, your next step should be to find other viable resources to fund your purchases. The last thing that you and Lloyds would want is credit card costs you wouldn’t be able to cover later.

Address and Contact for Lloyds Bank

If you’re having any problems with applying for or using your Large Purchase credit card, there are numerous ways to contact Lloyds Bank. For starters, you can dial 0345 606 2172 for credit card inquiries.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay

For anything else, visit the bank’s Contact Us page for a list of phone numbers. While most questions can be answered on the website, over a call, or online, if you still need to visit the bank, search for a branch on their website using the name of your city. Or visit their registered office in London at 25 Gresham Street.

Tips on Managing Your Lloyd Credit Card

The main disadvantage of using a credit card is overspending and exceeding an advantageous limit. Mothers are especially more susceptible to temptation since they have more than themselves to care for.

To manage your credit card better, start by making a conscious decision to borrow only what you need and what you can afford to pay while staying within your spending limit. That being said, you must understand the cost associated with borrowing, including interest rates and fees.

Also, remember to read and understand your credit card statement to keep a close tab on your money.

Lloyds Credit Card: A Great Option to Help Mothers Finance Purchases
Image Source: Pixabay


Motherhood is already hard enough, so your finances shouldn’t be. With Lloyd’s Bank credit card, you’re able to meet your needs when you may not immediately afford them and plan your finances.

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything. 


terms and conditionsLloyds Bank – Internet Banking – Error