Credit cards Date:
Halifax has extended the availability of its market-leading balance transfer credit card and reduced the introductory balance transfer fee by 0.10%, ensuring that it keeps its crown and its 'outstanding' rating.
40 Month Balance Transfer Credit Card MasterCard has a 40-month interest-free term for balance transfers, the longest term currently available. This deal is now offered until 7.3.16 and is accompanied by a lower introductory balance transfer fee of 2.85% after a partial refund. Borrowers can also take advantage of a six-month 0% interest purchase term.
Balance transfers must be made within 90 days of the account opening in order to qualify for the interest-free deal. Once the initial offers expire, balance transfers will attract an annual charge of 18.95% per annum (with a fee of 3.00%), while purchases will be charged 18.9% APR.
Borrowers must be at least 18 years old and applications must be made online. Borrowers should remember that rates are representative and dependent on their credit rating.
Borrowers who are looking for a highly competitive balance transfer credit card will be delighted by the extension of this offer, which continues to sit right at the very top of the Moneyfacts charts. Not only does this deal boast the longest 0% interest balance transfer term available, but it also offers borrowers a six-month interest-free purchase period, which will help spread the cost of spending. This is an outstanding product that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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 Any products featured may be withdrawn by their provider or changed at any time.
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