Approval for any credit card will depend on your status. The APR shown represents 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.
Halifax FlexiCard review December 2019
Like knowing where you stand? This innovative card that lets you set up instalment plans for your larger purchases.
Finder rating: ★★★★★
Potential costs: 3/5
Doing its job: 4/5
In a nutshell:
Up to 56 days
Interest-free each billing period
|Issuer||Bank of Scotland|
|Balance transfer fee||3% (min. £3)|
|Purchases interest-free period||Up to 56 days|
|Min. credit limit||£0|
|Max credit limit||Not specified|
|Additional cards available||1|
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
The Halifax FlexiCard is designed to give both flexibility and certainty when making larger purchases. For anything you buy that costs more than £100, you can set up an instalment plan with terms to suit you, so that you know what it’ll cost you overall, and when the debt will be cleared.
The online repayment planner lets you effectively define up to ten concurrent loans within your card balance. If you like a clear structure to your debt, then this could appeal to you, however it’s unlikely to be the cheapest option on the market for spreading repayments over longer terms.
Alternatively, you can make manual repayments online or over the phone (0345 944 4555), or set up a direct debit to clear any outstanding balance each month or just the minimum required payment. Setting up a direct debit is a sensible fallback option that ensures you don’t accidentally miss a payment and damage your credit score.
Being a Mastercard, you’ll be able to use it at over 43 million locations worldwide and as a little bonus you’ll have access to exclusive entertainment and travel experiences through the Mastercard Priceless Cities programme.
How does this card compare with other low rate deals?
How to apply for the Halifax FlexiCard
If you’ve compared cards and want to apply, 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.