Compare Halifax balance transfer offers for December 2020
Halifax has a range of competitive balance transfer credit cards to choose from.
If you’re paying interest on existing card debt, you could apply to transfer your balance to a Halifax credit card and save on interest for a lengthy period.
As part of the Lloyds Banking Group, which also contains MBNA, it’s no surprise that Halifax is a major player in the balance transfer arena. You can choose a card without a balance transfer fee or opt to swallow the fee in order to access the longest 0% deals available.
Many Halifax balance transfer cards include 0%-on-purchase deals too, so while it’s advisable to focus on clearing your debt, you at least have the flexibility to spread the cost of an upcoming expenditure.
Halifax 0% balance transfer credit cards
How do Halifax balance transfers work?
- You can apply for a Halifax balance transfer card in branch, over the phone or online. Some deals are only available online though, so this is the recommended option.
- Once you’ve picked your desired card, you’ll need to fill in some personal and financial details in the application form.
- Halifax will make a decision on your application instantly. You’ll then have the option to submit information about the balances you want transferred. You can arrange a balance transfer online or over the phone whenever you like, but you’ll only get the 0% deal on balances transferred within 90 days of activating your card.
- Your card should be delivered within seven days of a successful application. You can activate it online or over the phone. At this point, the process of completing the balance transfers requested during your application will begin.
- If there’s a fee to pay, it’ll generally be added to your overall balance.
How long does a Halifax balance transfer take?
A Halifax balance transfer typically occurs the next working day after approval. Your card will need to have been activated.
How should I compare Halifax balance transfer deals?
Here are some of the key features you’ll want to look at when deciding which Halifax balance transfer offer might be the best option for you:
- Length of 0% period. A longer 0% deal means you can pay less each month and still clear the balance at 0% interest. However, you’ll typically pay a bigger balance transfer fee for longer deals. Work out how quickly you could pay off the balance and choose the card with a 0% deal slightly higher than this.
- Balance transfer fee. This will be expressed as a percentage of the balance transferred. This one-off fee will be charged to your credit card once the transfer is complete.
- Standard rate. This is the rate charged on purchases and balance transfers made outside of the 0% period. You’ll pay this rate on balances that remain after the 0% period is over.
Other frequently asked questions
More guides on Finder
Seat Mii insurance group
Find out which insurance group the Seat Mii falls under and how much it costs to insure.
Vauxhall Tigra insurance group
Find out which insurance group the Vauxhall Tigra falls under and how much it costs to insure.
Toyota C-HR insurance group
Find out which insurance group the Toyota C-HR falls under and how much it costs to insure.
Mazda CX-5 insurance group
Find out which insurance group the Mazda CX-5 falls under and how much it costs to insure.
Hyundai Coupe insurance group
Find out which insurance group the Hyundai Coupe falls under and how much it costs to insure.
Seat Ateca insurance group
Find out which insurance group the Seat Ateca falls under and how much it costs to insure.
Nissan X-Trail insurance group
Find out which insurance group the Nissan X-Trail falls under and how much it costs to insure.
DS 3 insurance group and cost
Find out the insurance group for your DS 3, how much it should cost to insure and how to save on your premiums.
Opening a bank account for a club
Opening a current account for your club, community organisation, sporting society or charity can take a bit of time, but is a fundamental step in setting up your organisation. This guide covers the basics you need to get started.
How to open a bank account without ID in the UK
While it’s impossible to open a bank account without proving your identity, banks accept a range of documents as ID; so even if you don’t have a passport or a driving licence, you should be able to get one. Here’s how to go about it.
Ask an Expert