Lloyds Bank has launched two new credit cards to offer customers with more choice on rewards for their day-to-day spending.
The newly launched Lloyds Bank Choice Rewards Credit Card is offered for both new and existing customers through branch, telephone and online.
Go deeper with GlobalData
The bank claims that new credit card will offer a wide range of reward options to customers, who can accrue rewards points on everyday spending to redeem them for shopping vouchers, cashback, free time rewards or travel rewards through Avios.
The bank has partnered with high street brands including Boots, Debenhams, Amazon and Argos to redeem its customers’ shopping vouchers.
Alternatively, Lloyds Bank is also offering customers options like cashback, free time rewards such as magazine subscriptions, English Heritage membership, and wine.
The bank has also launched the enhanced Lloyds Bank Avios Rewards Credit Card to offer more options to customers looking specifically for travel rewards.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn a statement, the bank said that the earning power on Avios travel rewards will increase by 25% across both the American Express and MasterCard credit cards that customers receive on opening an account.
Lloyds Bank credit cards head Mark Powys, said: "We are launching more credit card options to provide choice to consumers. Our customers have told us they want cashback, shopping vouchers, more travel rewards and better balance transfer deals.
"Our new credit card range will better meet the needs of our customers and enhances competition in the credit card market," Powys added.
