0% balance credit card offered by Halifax - Credit cards - News - Moneyfacts

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0% balance credit card offered by Halifax

0% balance credit card offered by Halifax

Category: Credit cards

Updated: 21/01/2009
First Published: 20/01/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Halifax is offering a new zero per cent balance credit card option for those looking to improve their financial situation in the new year.

According to research by the lender, 57 per cent of those Britons planning on making a new year's resolution are looking to review their finances in 2009.

And the bank has responded with the introduction of a new credit card, which gives customers the benefit of zero per cent for nine months on both balance transfers and purchases.

Head of Halifax Card Services Alan Brindley described the new All-In-One card as a "great offer" that could save consumers "significant amounts".

"The card is ideal for customer who would like to reduce the cost of their spending or even reduce the cost of outstanding debt," he explained.

Equifax recently predicted that the use of plastic cards as a means of payment is set to result in the decline of the cheque, with only businesses opting to make using this method in transactions.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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