Lloyds Avios credit cards
Mar 13, 2012, 7:58 am
#901
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
Tax - it is difficult to find a Visa or Mastercard today where the reward is high enough to justify the HMRC card fee of 1.4% (some people like me have old cards with high rewards which make it palatable).
However .... for corporate tax, the credit card fee to HMRC will be tax deductable. This may make some reward cards worth a look, although you need to do the maths.
However .... for corporate tax, the credit card fee to HMRC will be tax deductable. This may make some reward cards worth a look, although you need to do the maths.
Mar 13, 2012, 8:09 am
#902
Suspended
Join Date: Oct 2011
Location: Her Majesty's United Kingdom
Programs: BA Gold, BA Lounge Rats, BA Audit Survivors, CW Kitchen Defender, CX Noodle Connoisseurs Club
Posts: 5,955
Tax - it is difficult to find a Visa or Mastercard today where the reward is high enough to justify the HMRC card fee of 1.4% (some people like me have old cards with high rewards which make it palatable).
However .... for corporate tax, the credit card fee to HMRC will be tax deductable. This may make some reward cards worth a look, although you need to do the maths.
However .... for corporate tax, the credit card fee to HMRC will be tax deductable. This may make some reward cards worth a look, although you need to do the maths.
Mar 13, 2012, 8:41 am
#903
Join Date: Feb 2006
Posts: 470
I don't think you should have directly asked them if it is 25 Avios per pound.
The correct way to calculate is that you receive base points 2.5 Avios per £ for foreign spending. You receive 9x your base points as a bonus during the promotion period.
Yes they didn't think this through, but best not to make it so obvious!
The correct way to calculate is that you receive base points 2.5 Avios per £ for foreign spending. You receive 9x your base points as a bonus during the promotion period.
Yes they didn't think this through, but best not to make it so obvious!
So I suppose it would be interesting to know if anyone had received they Avios and at what rate. Precedents have then been set.
I`ll post the outcome.
Mar 13, 2012, 8:52 am
#904
Join Date: Dec 2010
Location: NJ, USA
Posts: 470
Well this promotion as been up and running for several months now and therefore lots of people would have foreign spend.
So I suppose it would be interesting to know if anyone had received they Avios and at what rate. Precedents have then been set.
I`ll post the outcome.
So I suppose it would be interesting to know if anyone had received they Avios and at what rate. Precedents have then been set.
I`ll post the outcome.
Mar 13, 2012, 9:31 am
#905
Join Date: Dec 2007
Programs: Just a lowly Blue ;(
Posts: 1,780
That's nothing. I got the bonus 9x on UK and Foreign Spend for the first two months and nothing for the 3rd month and they tell me I'm on the 10k bonus not the 10x
Work that one out!
I'm debating as to whether I should move all my Avios to my BA Avios just in case they try to take them back!
Work that one out!
I'm debating as to whether I should move all my Avios to my BA Avios just in case they try to take them back!
Mar 13, 2012, 2:20 pm
#906
Join Date: Feb 2006
Posts: 470
Ok. Lloyds TSB Complaints Dept just rang me back as promised (8pm)
They confirm the 10x offer applies to all spend. They also confirmed that foreign spend is 2.5 Avios per pound x 9. They pointed out that the foreign spend is calculated less charges.
They are sending me a letter to confirm their conversation and compensating me the £50 initial card charge.
All I need now is the points in my Avios account and they will be transferred post haste.!
But I have to say very efficient complaints team. Incidently they did say that this problem affects some 400 customers and they were working through these manually.
They confirm the 10x offer applies to all spend. They also confirmed that foreign spend is 2.5 Avios per pound x 9. They pointed out that the foreign spend is calculated less charges.
They are sending me a letter to confirm their conversation and compensating me the £50 initial card charge.
All I need now is the points in my Avios account and they will be transferred post haste.!
But I have to say very efficient complaints team. Incidently they did say that this problem affects some 400 customers and they were working through these manually.
Mar 13, 2012, 3:54 pm
#907
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Join Date: Oct 2011
Location: Her Majesty's United Kingdom
Programs: BA Gold, BA Lounge Rats, BA Audit Survivors, CW Kitchen Defender, CX Noodle Connoisseurs Club
Posts: 5,955
Just a little more icing on the cake for me here 
When I made the payment to the hotel originally I had a "bonus accelerator" on the BAPP (you know the one where you say you want to cancel the card and they offer you 50% more points for 3 months).
The transaction earned me 1,291+646=1,937 avios.
The refund only took away 1,298
1937-1298=639 Avios
Mwahahaha
Still waiting for the transaction to show on the LTSBPDA
When I made the payment to the hotel originally I had a "bonus accelerator" on the BAPP (you know the one where you say you want to cancel the card and they offer you 50% more points for 3 months).
The transaction earned me 1,291+646=1,937 avios.
The refund only took away 1,298
1937-1298=639 Avios
Mwahahaha Still waiting for the transaction to show on the LTSBPDA
Mar 13, 2012, 4:02 pm
#909
Suspended
Join Date: Oct 2011
Location: Her Majesty's United Kingdom
Programs: BA Gold, BA Lounge Rats, BA Audit Survivors, CW Kitchen Defender, CX Noodle Connoisseurs Club
Posts: 5,955
LOL, probably
My post above just reminded me, now that I have the 10k bonus for my own LTSBPDA safely in my grubby mitts, I need to call them tomorrow morning and see what happens when I tell them where they can shove it
I'll still tell them to shove it as I doubt they will offer me a deal better than the 10x Mrs P is on currently.
Maybe if they offer me >1 Avios per £ on the visa I'll consider keeping it a little longer.
Will post back the sordid details of the conversation here tomorrow, stay tuned!
My post above just reminded me, now that I have the 10k bonus for my own LTSBPDA safely in my grubby mitts, I need to call them tomorrow morning and see what happens when I tell them where they can shove it
I'll still tell them to shove it as I doubt they will offer me a deal better than the 10x Mrs P is on currently.
Maybe if they offer me >1 Avios per £ on the visa I'll consider keeping it a little longer.
Will post back the sordid details of the conversation here tomorrow, stay tuned!
Last edited by PanGalactic; Mar 13, 2012 at 4:13 pm
Mar 14, 2012, 3:41 am
#910
Join Date: May 2009
Posts: 270
I had an airmiles card way back in the nat west days. Then got and applied for the original lloyds airmiles card when natwest left. Closed the airmiles card last september when they jumped the APR to 29.9.
Then in January (only 4 months after closing the other one) applied for the PREMIER card. got it and getting the 12.5 miles per pound without chasing it or anything. It just works.
Im guessing that as I only had the standard card before, its sees my new premier as a totally new account and thus I'm OK.
So if you had one card before, apply for the other type (ie premier or normal) with this new promo and you might get the same result as me.
Mar 14, 2012, 3:44 am
#911
Suspended
Join Date: Jul 2010
Location: UK
Programs: Mucci, BAEC (Silver), FlyBe
Posts: 1,649
It probably doesn't hurt to close the card account once you don't need it any more, either.
Mar 14, 2012, 3:45 am
#912
Join Date: Dec 2007
Programs: Just a lowly Blue ;(
Posts: 1,780
Well pretty chuffed.
360,000 avios earn't from this promotion.
Would be good to hear if anyone has really rinsed it and got 7 figures.
360,000 avios earn't from this promotion.
Would be good to hear if anyone has really rinsed it and got 7 figures.
Mar 14, 2012, 4:18 am
#913
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
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Mar 14, 2012, 4:18 am
#914
Join Date: Sep 2001
Location: UK. BAEC AAdvantage
Programs: Mucci Des Oeufs Brouilles et des Canards
Posts: 3,671
Refunds during 10x promotion?
Has anyone had to do a refund during their promo period? And in particular a foreign spend one? Do you lose just the normal 1x miles or are they clever enough to work out you're on the bonus? Or that the miles were earned during the bonus?
Some travel I booked via an OS website has had it's timing changed too dramatically for me to use so need to cancel it. I've made alternative arrangements with a different company, but they billed me in GBP. The booking was is 100% refundable, so should I wait until my bonus period ends in 6 weeks before applying for a refund, although it will probably take them - the travel company, a month to process!
Some travel I booked via an OS website has had it's timing changed too dramatically for me to use so need to cancel it. I've made alternative arrangements with a different company, but they billed me in GBP. The booking was is 100% refundable, so should I wait until my bonus period ends in 6 weeks before applying for a refund, although it will probably take them - the travel company, a month to process!
Mar 14, 2012, 4:34 am
#915
Join Date: Dec 2007
Programs: Just a lowly Blue ;(
Posts: 1,780
Thankfully in the account!