Halifax has just launched a new low rate credit card offering a single rate of 6.45% interest on purchases and balance transfers.
According to personal finance experts this card just pips the long time best buy low rate card from MBNA at 6.6% APR. Other competitive cards in this space are Tesco Bank at 7.8% and Virgin Money at 7.9% APR.
A spokesman for Halifax Credit Cards, said: “By launching this simple, low rate product Halifax is demonstrating its continued commitment to providing extra value and choice to customers.
“The Halifax Low Rate Card is designed to help customers keep things simple, with the same low rate across purchases and balance transfers, enabling customers to keep track of their spending more easily.”
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