The Bank of Scotland Advance Credit Card targets people new to credit or those looking to strengthen their financial profile. It has a representative variable APR of 29.9% and a purchase rate of 29.94% p.a. Credit limits depend on your circumstances. Notably, there are no foreign transaction fees for purchases abroad and you can earn a £20 reward if you pay on time during your first 6 months.

How to Apply: Step by Step

Check your eligibility first. You must have a Lloyds Banking Group account open for at least 3 months and a yearly income of £6,000 or more.

Confirm you are a UK resident aged 18 or over, without any CCJs, IVAs, or bankruptcies, and haven’t been declined by Bank of Scotland for a card in the last 30 days.

Register for online banking or use the app to initiate your application. The process includes a soft check, which won’t affect your credit score.

Submit all required information for assessment. If approved, your card and details will be available in the app for secure access.

Start using your card responsibly to qualify for the £20 reward and build your credit history.

Key Pros

The main advantage is credit building. By managing the account well, you start generating a positive credit history for future borrowing needs.

No foreign purchase fees are perfect if you travel, helping you save money when spending abroad—something rare in the credit builder segment.

Key Cons

The interest rate at 29.9% APR is higher than many mainstream cards, so carrying a balance will prove costly.

No balance transfers or additional cardholders are offered, limiting flexibility for those wanting more advanced features.

Verdict: Should You Apply?

The Bank of Scotland Advance Credit Card stands out for those seeking to start or improve their credit score, with easy-access perks and a clear £20 incentive.

If you pay your balance in full monthly, you can avoid high interest while enjoying no FX fees and useful digital management—all from an established UK bank.