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Halifax launches 22 month 0% balance transfer

19th August 2011 Print

Halifax is launching its longest ever balance transfer credit card deal, with a market leading 22 month 0% offer now available for new credit card customers.

This is in addition to the already generous 17 month 0% balance transfer card.

The new range of balance transfer cards means that customers now have the choice of the following cards for balance transfers:

0% on balance transfer for 22 month with a 3.5% fee (maximum transfer limit £3,000)
0% on balance transfer for 17 month with a 3.0% fee (no maximum transfer limit)

A new Halifax customer transferring £3,000 from a competitor's credit card with an APR of 18.9% will make significant savings. A maximum total of £760 could be saved in interest payments over the 22 month period, even including the balance transfer fee.

Both credit cards also offer 0% for three months on purchases and come with a representative APR of 17.9%.

Jasjyot Singh, Acquisition Director at Halifax Credit Cards comments: "We are delighted to be able to offer this latest balance transfer deal, our longest ever. With this new addition to the Halifax credit card range consumers now have even more options available to them, be it balance transfers, low rates or fee free cards."