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Halifax further enhances credit card range

8th June 2015 Print

Halifax has enhanced its credit card range in time for summer with market leading offers for customers looking for extra value on balance transfers and new purchases. Both offers are available online and through aggregator sites.

Halifax 36 Month Balance Transfer Card – reduced fee

Halifax has reduced the fee on its longest ever (36 month) interest free balance transfer card to an effective 2.49%. The card already offers 0% for 3 years on balance transfers and six months interest-free on new purchases but this new lower transfer fee makes the card the most competitive offer currently on the market.

The Halifax 36 Month Balance Transfer Card charges an initial fee of 3% on balance transfers, with 0.51% of the balance being refunded within 90 days. Based on a typical balance transfer of £2,000 from a card charging 18.9% APR (variable), moving to the Halifax 36 Month Balance Transfer Card with 0% for 36 months and an effective 2.49% balance transfer fee could mean customers would be £840 better off over the 36 month period.

Halifax 21 Month Purchase Card

Halifax has also extended its Purchase card to 0% for 21 months on new purchases, its longest ever offer. This market leading card also offers customers 13 months on balance transfers. The Halifax 21 Month Purchase Card charges a transfer fee of 3% on balance transfers.

Jon Roberts, Halifax Credit Cards, said: “Halifax is committed to providing extra to customers and we have enhanced our range to ensure that we continue to offer market leading value and choice. Our credit card range enables customers to restructure their borrowing to suit their needs, whether that is transferring an existing balance or spending on new purchases in the most cost-effective way.”