Halifax logo

Compare Halifax balance transfer offers for October 2022

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

Table: sorted by representative APR, promoted deals first
1 - 2 of 2
Name Product Balance transfers Balance transfer fee Purchases Annual/monthly fees Representative APR Incentive Link
Halifax Low Fee 0% Balance Transfer Credit Card
0% for 34 months reverting to 21.94%
3.49% for 3 months reverting to 5%
0% for 6 months reverting to 21.94%
21.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 21.94% (variable) p.a., your representative rate is 21.9% APR (variable).
Halifax 0% Purchase and Balance Transfer Mastercard
0% for 17 months reverting to 21.94%
2.99% for 3 months reverting to 5%
0% for 17 months reverting to 21.94%
21.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 21.94% (variable) p.a., your representative rate is 21.9% APR (variable).

Compare up to 4 providers

How do Halifax balance transfers work?

  1. 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.
  2. Once you’ve picked your desired card, you’ll need to fill in some personal and financial details in the application form.
  3. 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.
  4. 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.
  5. 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

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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site