Halifax 0% Purchase and Balance Transfer Credit Card review 2025

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Halifax 0% Purchase and Balance Transfer Credit Card
Representative example:
Representative 24.9% APR variable. Based on assumed borrowing of £1,200. Rate of interest 24.94% p.a. (variable).
0% interest on balance transfers
17 months
0% interest on purchases
17 months
Account fee
£0

Our verdict

For those seeking for more than just a break from interest, this versatile card has a lengthy offers on balance transfers and purchases.

This is a so-called “balanced” card, which means that the 0% offer applies both to balance transfers and future purchases. If you need to transfer an existing credit card balance to save interest, but also anticipate making further purchases on your card, this deal ticks both boxes.

The 0% deal is fairly long (although not the longest on the market) and there is no annual fee. However, the 3.49% balance transfer fee can amount to quite a sum, especially if you have a large balance to transfer. If your only focus is paying back debt while spending as little as possible in fees and interest, there are more competitive deals out there. If you also want the 0% deal on purchases instead, this card is worth a thought.

In any case, if you go for this card, keep in mind that after the introductory rate period expires any outstanding balance will be charged interest at a significantly higher rate, both on purchases and old balances. You really need a plan to have paid it all off by then.

Finally, don’t expect too much in terms of rewards and perks. This card is strictly about the financial side of things, so you’ll have to get your cool discounts and treats someplace else.

Pros

  • Customers report excellent customer service when dealing with Halifax
  • Over a year of 0% interest to focus on reducing existing card debt
  • Over a year to spread the cost of purchases
  • Earn points on day-to-day spending
  • No annual fee

Cons

  • Applicants with low credit scores are unlikely to be eligible
  • Relatively high balance transfer fee
  • A punishing fee of 5% on cash withdrawals (you should avoid using a credit card to withdraw cash in any case)

In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Your reviews

Details

Product Overview

Issuer Bank of Scotland
Network Visa
Representative APR 24.9%
Annual/monthly fees £0
Balance transfers 24.94%
Balance transfer fee 3.49%
Purchases 0% for 17 months
Purchases interest-free period Up to 56 days
Money transfers 24.94
Cash advances 24.94%
Maximum credit limit Subject to status
Additional cards available 3
Potential costs 7.3Great
Extras 8.6Great
Overall Finder Score 8.6Great

Fees and charges

Minimum monthly payment Greater of: 2.5% of the underlying balance plus the month's interest and any applicable fees and charges; £5; or the outstanding balance.
Annual/monthly fees £0
Balance transfer fee 3.49%
Money transfer fee 5
Foreign usage charge (EU) 2.95%
Foreign usage charge (rest of world) 2.95%
Cash advance fee 5
Late payment fee 12
Replacement card fee £0
Duplicate statement fee £0
Exceeding limit fee £0
Additional card fee £0
Dormancy fee £0

Application Requirements

Minimum Age 18
Minimum income £0
Availability Available to new customers

How does it compare?

Halifax's card

Product Finder Score Balance transfers Money transfers Purchases Annual/monthly fees Incentive Representative example
Halifax 0% Purchase and Balance Transfer Credit Card image
Finder score
Finder score
0% for 17 months
(3.49% fee)
24.94
(5 fee)
24.94
£0
Representative example: Representative 24.9% APR variable. Based on assumed borrowing of £1,200. Rate of interest 24.94% p.a. (variable).
More info
Compare product selection
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Finder Score for credit cards

To make comparing even easier we came up with the Finder Score. Costs, perks and suitability across 120+ cards are all weighted and scaled to produce a score out of 10. The higher the score the better the card – simple.

Read the full methodology

Other popular matched 0% deals

Table: sorted by length of 0% offer
1 of 1 results
Product Finder Score Balance transfers Money transfers Purchases Annual/monthly fees Incentive Representative example
Santander World Elite Mastercard image
Finder score
Santander World Elite Mastercard
Existing Customers Only
Finder score
0% for 18 months
(0% fee)

(0 fee)
18.9
£15 per month
0.5% on £1 to £3000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: Representative 49.8% APR variable. Based on £15 monthly fee, assumed borrowing of £1,200. Rate of interest 18.9% p.a. (variable).
More info
Compare product selection
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Showing1 - 1 of 1 results

Finder Score for credit cards

To make comparing even easier we came up with the Finder Score. Costs, perks and suitability across 120+ cards are all weighted and scaled to produce a score out of 10. The higher the score the better the card – simple.

Read the full methodology

Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Defaqto.

Repayment options

You can make manual repayments through Halifax's app by logging in to your online banking or over the phone (0345 944 4555). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (12) or losing any promotional rates as a result. You could use a fixed-amount direct debit to ensure you've cleared your debt before the 0% period expires – simply divide your outstanding balance by 17 to see what you'll need to pay each month (this assumes you don't use the card for additional spending).

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount
Fixed amount
Fixed percentage
Full amount

How to apply

If you've compared cards and settled on the Halifax 0% Purchase and Balance Transfer Credit Card, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.

Frequently asked questions

Can I withdraw cash using the Halifax 0% Purchase and Balance Transfer Credit Card?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.

The cash advance fee on the Halifax 0% Purchase and Balance Transfer Credit Card is 5.

The interest rate on this part of your balance will be 24.94% (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

How much does it cost to use the Halifax 0% Purchase and Balance Transfer Credit Card abroad?

Non-sterling transactions are subject to a 2.95% charge. For example, if you spend 200 euros (£172.71), it'll cost you around £5.09 in fees.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.

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