In this review we look at the Halifax Low Fee Balance Transfer credit card, one of a number of balance transfer credit cards in Halifax's range.
If you are considering a Halifax credit card, it is a good idea to complete the eligibility checker, which will flag up which cards in the range you are eligible for.
Key facts about the Halifax Low Fee Balance Transfer credit card
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Best for: Those looking for a long interest-free period
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Introductory offer: 25 months interest-free on balance transfers, 6 months interest-free on purchases
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Representative APR: 24.94% variable
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Fees: No annual fee, 3.49% balance transfer fee
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Perks: No specific perks
Pros of the Halifax No Fee Balance Transfer credit card
- It offers a nice combination of interest-free periods on both balance transfers and purchases
- The APR is relatively low after the introductory period finishes
- It doesn't attract the same balance transfer fee that some of its competitors charge
Cons of the Halifax No Fee Balance Transfer credit card
- There are other cards on the market that offer longer interest-free periods on balance transfers, particularly if you are not interested in making other purchases
- It doesn't have any perks or benefits, such as cashback or discounts
- 19.95% cash advance fee
How to manage your payments on the Halifax No Fee Balance Transfer credit card
Halifax offers online card management from your phone, computer or tablet.
How to find out which credit card is best for you
We have teamed up with Creditec* to help you compare credit card deals and check your eligibility in minutes. You will be able to find out which credit cards you are most likely to be accepted for through a soft credit check, which will not affect your credit score. You can then tailor your personalised list to sort cards by the features that matter most to you. This could mean filtering for the type of credit card you want, sorting the list by the rate of interest or highlighting the cards you are most likely to be successful in applying for. You can click here to compare deals*.
How to apply for the Halifax No Fee Balance Transfer credit card
The eligibility checker shows which of the cards in Halifax's range you are likely to be accepted for and also gives you an indication of the credit limit you would be provided with.
Alternatives to the Halifax No Fee Balance Transfer credit card
- HSBC Balance Transfer credit card
- Capital One Balance Transfer credit card
- Tesco Balance Transfer credit card
If a link has an * beside it this means that it is an affiliated link. If you go via the link Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. But as you can clearly see this has in no way influenced this independent and balanced review of the product.
