Halifax | Balance transfer & purchase credit card

270 reviews

19.9% Representative

Intro purchase rate: 0% for 20 months

Purchase rate: 19.95%

Representative example:

Representative Example: The standard interest rate on purchases is 19.95% p.a. (variable), so when borrowing £1,200 over 12 months, the Representative APR will be 19.9% (variable).

Halifax | Balance transfer & purchase credit card customer reviews.

270 reviews

1.6 out of 5 stars

Our review of Halifax | Balance transfer & purchase credit card

The Halifax Balance Transfer & Purchase credit card has a reasonable representative APR of 19.9% and offers 0% on balance transfers up to 20 months. What’s more, if you complete the balance transfer within the first 90 days of opening the account then you’ll only have to pay a balance fee of 3%. With the Balance Transfer & Purchase credit card from Halifax you’ll also receive 0% on purchases within the first 3 months as well.

Customers of the Halifax Balance Transfer & Purchase credit card can benefit from fraud protection online and can also manage the balance of the credit card using both online and mobile banking. This means that it’s easier to keep up to date with payments and can help you avoid the £12 charges if you have a late payment or go over your credit limit.

Although there aren’t any online reviews specifically for the Halifax Balance Transfer & Purchase credit card, the overall TrustPilot reviews for Halifax paint quite a negative picture. They’ve only been granted a rating of ‘bad’ and customers seem to be dissatisfied with their poor communication, high charges and declined applications – however, with this last one, we don’t know the personal circumstances of the applicant and so they may have been declined for another reason other than their credit score.

Overall verdict: The Halifax Balance Transfer Purchase card has a competitive representative APR and a 0% introductory period of 29 months is an attractive offering for those looking to transfer any existing balance. As with all credit cards be sure you’re disciplined with your repayments as once the introductory period is over you’ll be charged.

Written by: Alex

Highlights

  • 0% interest for up to 20 months on balances you transfer in the first 90 days
  • 3% fees on balance transfers
  • 0% interest for the first 20 months on purchases
  • Online fraud cover
  • Mobile and online banking

Minimum criteria

  • You must be aged 18 or over
  • You need to be a UK resident
  • You must have a regular income
  • No bankruptcy, CCJs or IVA

Fees

  • Maximum APR %
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

About Halifax | Balance transfer & purchase credit card

The Halifax Balance Transfer & Purchase credit card requires a balance transfer of at least £100 from other credit cards and store cards. The representative APR for this card is 19.9% and the limit is dependent on your personal circumstances and previous credit history. Once the application has been completed Halifax will then decide the interest rate that you’re granted.

You’ll pay 0% on balance transfers for the first 20 months as long as Halifax are notified within the first 90 days of the account opening. To keep this rate you’ll need to ensure that you stay under the limit and pay off the at least the minimum payment each month. You will need to pay a fee of 3% for balance transfers. Dependent on personal circumstances you could also be eligible for 0% on purchases within the first 20 months.

The Halifax Balance Transfer & Purchase credit card comes with cover against fraud when you shop online and is accepted in over 33 million locations worldwide as long as the MasterCard sign is displayed. Halifax also allow their customers to have control over their Halifax Balance Transfer & Purchase credit card via online and mobile banking and Faster Payments can be made to the card within a few hours.

Company information

Registration number: SC327000

www.halifax.co.uk

08457 283848

33 Old Broad Street, London, EC2N 1HZ

FCA registration

Reference No: 169628

Trading names: AA, AA Account, AA Visa, AA Visa Card, Bank of Scotland PLC

Place of business: The Mound, Edinburgh EH1 1YZ

Data protection registration

Registration No: Z7828948

Data controller: Bank Of Scotland PLC

Address: The Mound, Edinburgh EH1 1YZ

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