Halifax delivers balance transfer leader - Credit cards - News - Moneyfacts


Halifax delivers balance transfer leader

Halifax delivers balance transfer leader

Category: Credit cards

Updated: 17/08/2011
First Published: 17/08/2011

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 It is now over 6 months old so the content may be out of date.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 has extended its 0% balance transfer offer to a market leading 22 months.

The Balance Transfer Credit Card MasterCard now offers an introductory deal of 0% on balance transfers up to £3K for 22 months (previously 20 months up to £3K) and the balance transfer fee is now 3.50% (previously 3.00%).

The card's standard purchase rate has increased to 17.9% APR, 1.385% per month and 17.95% per annum (previously 1.312% pm and 16.94% pa, 16.9% APR).

The card is now the most competitive for debt transfers in terms of length, but the balance transfer cap is unusual when compared to other institutions.

Find the Best 0% Balance Card Rates - Compare Credit Cards

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Reward credit cards that become ‘pointless’

If you regularly use cards to pay at the till, you may have considered opening a reward credit card to earn points every time you spend. However, not all of these cards are as rewarding as they may seem…

It’s looking to be a credit Christmas

We are now less than 70 days away from Christmas, and with 70% of people admitting they haven’t started saving yet, millions will be needing to play catch-up - and plenty planning to turn to credit for some Christmas spending relief.

Can no credit score be as damaging as a bad one?

Debt is becoming an increasing problem, which is why those who have no credit commitments often feel pretty smug about it. However, while not relying on credit is admirable, having no credit score can actually be just as damaging as having a bad one.