When it comes to credit cards, the one that can spread your balance over a longer period is an advantage. It means that you’ll have ample time to make a payment on a big purchase, as it is spread out well.
And the card comes with a number of other advantages that you’ll get to learn about below. When you’re looking at a large purchase credit card in the UK, then this Halifax Bank large purchase credit card is a decent choice. Here, you also get an introductory offer like you would in most large purchase credit cards.
To find out more about the offers and the advantages that this specific card carries, you need to read on. Info on how you can apply for this card online today and what it costs to hold this card can also be found here.
Features and Benefits
As a holder of this card, there are a number of features that you need to watch for. For example, you won’t have to pay for non-authorized payments due to the full fraud protection feature. You also get to manage your card from anywhere since you have an online feature.
To manage your card online, you need to have an online account with the bank or download the phone app. Another feature that should stand out with Halifax is that you have a paperless statement. Before, you had to request your statement and it came in hard copy – paper.
Today, you only need to request online through the online account, and your statement should be delivered the same way. The other feature that should get you excited is that you can choose how you want to pay. This should do away with the traditional bank hall mode of payment.
Eligibility and How to Apply
You have to meet a set base of requirements for you to apply for this specific card; one of them is that you need to be at least 18 years old. The other set basic is that you have to be a resident of the UK. You need to have lived in the UK for at least the last three years.
You then need to have a source of income, which can be either through employment or self-employment. Also, you’ll need to have documents that support your income capabilities to get the card. These are documents such as bank statements detailing at least the last 3 months activity on your account.
To apply for the card online, you should visit the Halifax Bank website and click on the credit card menu. Click on the large purchase card option, and you’ll be redirected to the next page. On that page, you need to check your eligibility before you go any further in your application process. There, you’ll need to fill out your personal info and your income info too for verification.
Once you find out that you qualify for the card, you should now register to have an online account before you can apply for the card. There you’ll have to fill in your info and your financial details before submitting the required documents.
Fees and Interest
With this card, the one thing you won’t have to worry about is the annual or monthly fees, as there aren’t any. The bank does not provide detailed information regarding the fees they charge for credit cards, so it is in your best interest to contact them directly to inquire.
- APR for this card is variable
- Cash advances are charged at 5% on each transaction
- Balance transfer interest - 0% for a set period of time, but you may incur a transfer fee
- Default charges - when default charges apply, you pay £12
- Minimum payment - £5
- Minimum balance and money transfer - £5
Bank Contact Info and Address
You can always get in touch with the bank concerning general credit card inquiries 24 hours a day. Call 0345 944 4555 or +44 (0) 1733 573 189 if calling from abroad.
The bank’s physical address is The Mound, Edinburgh EH1 1YZ.
Conclusion
With a large purchase credit card, you truly get to enjoy the buy today and pay for it later idea. You also get to spread payments on your larger purchases across a longer time, making it more manageable. Consider whether it may be good for your lifestyle.
Note: There are risks involved when applying for credit products. Consult the bank's terms and conditions page for more information.
