MoneySavingExpertLloyds Bank launches cashback credit card that pays up to 0.5% – plus a £20 introductory bonus

Lloyds Bank has launched a new credit card that enables holders to earn 0.25% cashback on up to £4,000 of annual spending and 0.5% above, with no cap on how much you can earn. You can also earn a £20 bonus if you spend £1,000 in the first 90 days. But Lloyds’ cashback rate can be beaten by American Express – here’s how it compares.