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Lloyds has launched a "build your credit" card to help with financial confidence. The high street banking giant has launched a credit card, Advance, specifically designed for existing customers that are new to credit.

The move comes in a bid to help customers build their credit-confidence. Advance comes with a £20 reward when the account is kept up to date, no fees when spending abroad and tailored support to encourage responsible borrowing behaviours.

Rich Napier, Credit Card Managing Director at Lloyds, says: “Learning how to manage credit as early and as safely as possible, can make a huge difference to your future finances. Building a solid credit record isn’t just about borrowing money – it's about opening doors for your future.”

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