There are certain credit cards that serve a very unique purpose for a number of people. When it comes to the U.K., one card that you can consider when it comes to balance transfers is the Halifax balance transfer credit card.
Balance transfer cards offer a unique opportunity to keep all your existing balances in one place or account. And, with this card, you also get an introductory offer as part of the deal.
You can learn more about how you can keep all your balances with this specific Halifax credit card by reading below. Info on how you can apply for this card and especially online can also be found here.
Features of the Halifax Balance Transfer Credit Card
First of all, the feature that should entice you to this card is the anti-fraud feature that ensures you don’t pay for non-authorized transactions.
You also get to manage your card from anywhere thanks to the online card management feature. You can manage your card from the bank’s app easily from your phone.
If you have ever had a card that has only one option of how you can pay for your credit, then you will appreciate that this card offers you a chance to choose. Here, you can choose how you pay either through a debit card, bank, or you can even set up a direct debit.
The other feature that stands out is the contactless payment system. This gives you an option to pay contactless when you see the contactless sign. With the balance transfer, you can transfer any amount with the lowest amount being £100.
Eligibility Criteria
You have to meet certain requirements for you to apply for this card. One of the requirements is that you have to be at least 18 years old and a U.K. resident. You also have to either self-employed or employed too in order to get this specific card.
There are certain documents that you’ll have to produce in order to get this card. One is a U.K. identification or a passport.
You then have to also have a bank statement that shows your last 3 or more months transactions if you’re self-employed. For those that are in employment, a copy of your last payslip should do just fine.
How to Apply for a Halifax Balance Transfer Credit Card
To apply for the card, you’ll need to visit the Halifax website and click on the credit card menu. You’ll then have to select the balance transfer card and click on it.
You’ll be redirected to the next page where you’ll need to check your eligibility before you apply for the card. There, you have to fill in certain info about yourself and your financial state. Once you qualify, you then will have to register for an account before you can apply.
Interest Rates and Fees
As a holder of this card, you won’t have to pay any monthly or annual fees. However, you have to deal with an APR that’s around 19.9%. Make sure to consider the other rates and fees of this credit card, which are listed below.
- Balance transfer fee: 0% for at least 17 months, then reverts to 19.95% afterwards
- 0% interest on purchases for at least 9 months, then will revert to 19.9% afterwards
- Minimum monthly payment is set at £5 or it can be at least 2.5%
- 2.95% for foreign transactions
- Cash advance fees: 5% for every cash transaction
Contact Info
You can always get in touch with the bank concerning this card by calling 0800 072 9779. Their head address is 6 Trinity Rd, Halifax HX1 2RG, UK.
Conclusion
Getting an option for a card that you can consolidate all your balances with is one thing that can make life easier. Make sure to check out the Halifax website if you are interested in this credit card.
Disclaimer: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page before agreeing to anything.
