Refer-a-friend bonus launched for the free Lloyds TSB Duo Avios credit card

Lloyds TSB has launched a referral bonus for the Lloyds TSB Duo Avios credit card pack. This comprises an American Express card (earning 1 Avios per £1) and a MasterCard (earning a shocking 0.2 Avios points per £1!).

Initially running for only a few weeks, until April 3rd, Lloyds will give you 4,000 Avios for every friend you recommend for the cards.

Lloyds Avios

The good news is that the basic Duo Avios cards carry no annual fee.

The slightly less good news is that current sign-up bonus is a bit of a dogs dinner. Yes, you receive a voucher for 18,000 Avios. However:

You need to spend £500 each month for the first three months on the American Express card to receive the voucher. This may mean juggling your spending and watching statement dates carefully to ensure you charge enough. Note that MasterCard spend does not count.

The voucher can ONLY be redeemed in conjunction with a booking of 1 night or more in a hotel booked via the Avios hotel booking service. This means that (for a chain property) you would not receive points or status benefits.

The voucher must be redeemed in one transaction and no ‘change’ is given!

If you cancel your trip, the voucher is cancelled and is not available for re-use.

For some people, none of this will be a problem. If you take a lot of short breaks and stay in hotels then it is great. 18,000 Avios would cover two tickets to, say, Amsterdam in Economy. All you would then need to do is book the hotel.

If, however, you tend to stay with friends or in hostels when travelling, or redeem hotel loyalty points, then the offer is unlikely to be of much use.

Fundamentally, Lloyds is also asking you to rip off your friends! Quidco is currently offering £20 cashback for a direct application for the card. If you persuade your friend to sign up, they would be missing out on £20 at the expense of you earning 4,000 Avios. You could pay them £20 for the privilege, of course, which would be an OK deal for both sides.

You can learn more about the Lloyds TSB Duo Avios cards here.

The refer-a-friend bonus can be found here. You can refer someone for the free Duo cards even if you only have the Premier Duo Avios card yourself.

I have not found a link for a bonus on the Lloyds TSB Premier Duo Avios card so far …. anyone?

(To see our complete list of all current credit card bonuses, click here to visit our ‘Credit Cards Update’ page or use the link in the menu bar at the top of the page.)

March 'Miles and More' meilenschnaeppchen announced - 50% off business class on many routes
Bits and pieces for Tuesday (Clubcard, TopCashback, Accor)
About Head for Points

We help business and leisure travellers maximise their Avios, airline miles and hotel points. Visit every day for three new articles (two in August) or sign up for our emails via the box to your right.

Comments

  1. Pleasure! Great summary of the rather lacklustre benefits.

  2. Phil Gale says:

    Having been caught out by the “Mastercard spend does not count” condition…I would be doing my friends the biggest favour by not telling them to bother at all. I’ve just got rid of this worthless card myself.
    Not that I’m bitter about it or anything…. :-)

  3. Jens Moller says:

    Trevor +1

  4. Hey, we should do something to thank them for last year’s largesse!!!!

  5. Andrew (@andrewseftel) says:

    I think it’s a bit mean to describe Lloyds as ripping off friends. It’s no worse than Amex Platinum for example.

    • Amex Plat and Gold, and Tesco Mastercard, make sure that both parties benefit from a referral. Lloyds don’t!

      It backfires anyway. I won’t be pushing it, for example, because I have no interest in steering readers to a deal which ony benefits me.

      • Andrew (@andrewseftel) says:

        Fair enough! In my mind the referee loses out on Amex Plat if they’re getting 2k MR instead of up to £100 Quidco/TCB.

  6. Do you need to have a lloyds card yourself to get the bonus when recommending or just an AVIOS account is enough?

    • Wierdly, the form only ask for an Avios number! However, Lloyds may well add them to your usual monthly miles transfer from the card – so you’d be stuffed if you didn’t have the card!

  7. Is that “Mastercard spend does not count” – a recent twick to their T&C?
    Or has it always been there for new card bonus points i.e. 18000 points for LTSB duo credit card.

    • I’ll be honest – I had never seen that line before. When I wrote it up for the ‘Credit Cards Update’ page a few months ago it wasn’t there, I’m sure.

  8. I got stung back in Autumn time – so has been there since at least then,…

  9. I applied for the card last year and was rejected. It doesn’t mention a minimum income required, but all the soft searches I’ve done lately tell me I’m not eligible. Does anyone have a hunch what the criteria might be? (I know there’s no cast iron way of knowing, but a few pointers would be nice)

    Thanks!

    • When they launched the card, they were rejecting people who had good credit, oddly. I got turned down myself, our card is actually in my wifes name. I think the idea is that blue-chip credit reports should be getting the BA Amex, with the Avios card hoovering up the rest.

      That is why they ran that stupid 25 Avios per £1 promo last year … they expected people to spend £500 on the card in the 3 months, not (as in my case, and a good number of other people) £40,000 ….

    • My wife and I have both been accepted previously for the standard and Premier cards without any issue, and we both have a great credit rating. Been a while since we’ve applied, and I currently still just have my standard cards (for the benefit of longevity to improve credit score – not expecting any great deals to come out, and sadly missed out last year).