GASH REWARDS FOR AVIOS CREDIT CARDHOLDERS: LLOYDS - Soul 2 Soul Mates Blog

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8/09/2018

GASH REWARDS FOR AVIOS CREDIT CARDHOLDERS: LLOYDS

GASH REWARDS FOR AVIOS CREDIT CARDHOLDERS: LLOYDS
Lloyds Bank is dramatically scaling back the benefits of its Avios Rewards credit card, cutting the number of Avios points existing customers can earn by up to two thirds and scrapping its free flight upgrade offer.

The Lloyds Avios Rewards credit card - which was was closed to new customers back in May - is a long-standing airline rewards credit card which has been available for years and has often featured as a top pick in our Airline Credit Cards guide.

Currently cardholders, who pay a £24 annual fee, have both an American Express and a Mastercard - the Amex card gives 1.25 Avios per £1 spent, while the Mastercard gives 0.25 Avios per £1 spent. You can also get a free flight upgrade each year you spend at least £7,000.

However over the next couple of months cardholders will be switched to a new Lloyds Avios Rewards offer which will replace both cards with a single new Mastercard paying just 2 Avios points per £5 spent. The free flight upgrade will be scrapped - though the annual fee will also disappear.

For many the new offer can be beaten by other cards, so you can ditch and switch. For our full roundup of credit cards offering rewards that you can use for free flights and more, see our Airline Credit Cards guide.


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