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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 It is now over 6 months old so the content may be out of date.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.

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