Halifax launches longest ever 34 month 0% balance transfer card

Halifax is boosting its credit card range ahead of the new year with the launch of its longest ever interest free balance transfer card, lasting 34 months with a balance transfer fee of 2.8%. At the same time, Halifax is launching a 0% balance transfer fee card, extending the interest free period on both balance transfer and purchases to 13 months, with zero balance transfer fee. Both cards are available now.

Halifax 34 Month Balance Transfer Card

As well as a 0% interest rate lasting almost three years on balance transfers and six months’ interest-free on new purchases, the 34 month balance transfer card also carries a reduced 2.8% fee on balances transferred within the first 90 days.

Based on a typical balance transfer from a card charging 18.9% APR (variable), with 0% for 34 months and a 2.8% balance transfer fee, moving to a Halifax 34 month balance transfer card could mean customers would be £792.61 better off over the 34 month period.

0% Balance Transfer Fee Offer

With 0% interest for13 months on both balance transfers and purchases and a 0% balance transfer fee for balances made within the first 90 days, this card is designed for those who want to restructure their finances without paying additional transfer fees as well as allowing those who wish to purchase to avoid interest charges.

Based on a typical balance transfer from a card charging 18.9% APR (variable), with 0% for 13 months and a 0% balance transfer fee, moving to a Halifax All in One card could mean customers would be £359.51 better off over the 13 month period.

Jon Roberts, Halifax Credit Cards, says: “By launching these two balance transfer and purchase cards, Halifax is demonstrating its continued commitment to providing extra value and market leading products to customers.

“By transferring their existing balances to one of these cards, customers can start the new year having restructured their borrowing in a more cost-effective way and as a result could make considerable savings.”