Lloyds Banking Group T&C changes

Idk, wording, style doesn’t seem legit

@Curve_Marie @Social_Adam Do Curve seriously still not have anything to say on this?

It is a legitimate communication. The text about the changes appears on their credit card statements as well.

@Social_Adam @Curve_Marie Are their any comment from Curve about this issue?

Absolutely nothing, reached out via Twitter and was completely ignored it. Admittedly I did reach out via my business handle.

Curve do seem to have a key business objective to be completely and utterly useless at any sort of communication with their stakeholders!


This is very true, the thread I started a year ago Distinct Lack Of Support completely highlights this.

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It really does. And they still insist on merging every new thread anyone creates into it, which does nothing but demonstrate their own incompetence…

tbf thats not a bad thing, as its easier to keep things in one place for better community engagement.

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Hi everyone! @Social_Adam and I are looking into this and we’ll update you on what this may mean for Curve customers as soon as we hear back from our payments team. They’re checking this for us now!

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Thanks, it would be great if you could update investors on the impact and what Curve is planning to do about it too.

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I’ve been really impressed with Curve overall and it seems the “big boys” are always trying to take the ball away and not let them play on their field, but it must show they are doing something right to be targeted like this all the time. Fingers crossed as this is a service I really don’t want to lose.

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These transaction types can be identified using MCCs. There is nothing to suggest that LBG/MBNA will single out Curve as a merchant and start treating Curve transactions differently.

So I would guess that conventional retail purchases via Curve will continue as they are now, but using Curve for manufactured spending or to pay off another credit card will be subject to the new T&Cs based on the MCCs of these transactions, just as with many other credit cards.


I disagree, hence posting here asking Curve for clarification.

The changes to the LBG T&C include:

Purchasing or topping up electronic money,

Curves T&C state:

When you make a transaction using your Curve card, Curve (with your permission) loads funds from your selected payment card to Curve, this is done for you automatically by the Curve processing system (no hassle to you). The amount loaded will be the value of the transaction, plus any fees for that transaction (including for any Curve services provided).
The loaded funds are used to issue e-money, which is loaded onto your Curve e-money account and is then used to pay for the transaction made with your Curve card.

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@NFH is right about this. That “e-money” and the “electronic money” mentioned by Lloyds are not the same.

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Why ask Curve about a change to another business’s T&Cs? If you want to find out whether LBG’s new T&Cs will be driven by MCC, then you need to ask LBG, not Curve.

Curve doesn’t use an e-money MCC; it passes through the original MCC from the end-merchant. So how would LBG determine that Curve transactions are e-money?

As any change in the way Lloyds treat Curve transactions week will affect a lot of Curve customers.

As it is @curve-user-569874125 asked Lloyds earlier in this thread and was told it would apply to Curve.

LBG could simply tag all transactions coming from Curve and not use the MCC code - assuming that all their transactions are e-money etc. as per Curve’s T&C


But Curve does sometimes change/map MCCs which could have a potential impact given these changes.

Curve doesn’t remap to 4829 (or 6211) which is the MCC of electronic funds transfer.

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I would like to see the response from Curve really. I don’t trust that a customer service person at Lloyd’s is really significantly enough in the know about the details to be able to make that assertion - they may have just heard the name of a company they didn’t recognise and assumed that it would be because why else would you be checking. They may not know what Curve is or why it’s different to others.


Perhaps no news is good news at the moment, may mean LBG and Curve are hashing this out at a senior level