Halifax increases balance transfer offers with 25 and 41 month deals

Halifax has increased its balance transfer credit card offers giving 0% interest for up to 25 months with no fee, and 0% interest for up to 41 months with a 3.5% fee.

Both cards also offer 0% interest on purchases made during the first six months from account opening.

To qualify for these offers, customers must make a minimum balance transfer of £100 within the first 90 days of account opening. The offers are available exclusively online.

Andrew Hagger, Personal Finance Expert said – “41 months is currently the joint longest 0% balance transfer deal available, but a 40 month card from Tesco Bank, MBNA or Sainsbury’s Bank will cost you far less in terms of the one off balance transfer fee, so longest isn’t necessarily always the best.”

A spokesman for Halifax, said: “Our latest balance transfer offers rank amongst the best offers in the market today, making the cards a great choice for those looking to use a credit card to bring their credit arrangements into one place.”

Customers can check their eligibility for a Halifax credit card using the online eligibility checker. After a few simple questions are answered, the checker will indicate to interested customers how likely they are to be accepted for the product without impacting their credit rating.

 

 

 

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