If you’re paying interest on existing card debt, you could apply to transfer your balance to a Halifax credit card and save on interest for a lengthy period.
When comparing balance transfer cards, you can choose a card without a balance transfer fee or swallow the fee to access the longest 0% deals available. Halifax is a major player in the 0% balance transfer arena with up to 27 months interest free.
Many Halifax balance transfer cards include 0% on purchase deals, too. So, while it’s advisable to focus on clearing your debt, you at least have the flexibility to spread the cost of an upcoming expenditure.
Halifax 0% balance transfer credit cards
Table: sorted by representative APR, promoted deals first
Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Moneyfacts.
Pros and cons
Pros
0% interest introductory period up to 27 months
Helps you pay off your debt faster
Cons
Monthly interest kicks in after introductory period
Balance transfer fee
How do Halifax balance transfers work?
You can apply for a Halifax balance transfer card in-branch, over the phone or online. Some deals are only available online, though, so this is the recommended option.
Once you’ve picked your desired card, you’ll need to fill in some personal and financial details in the application form.
Halifax decides on your application instantly. You’ll then have the option to submit information about the balances you want transferred. You can arrange a balance transfer online or over the phone whenever you like, but you’ll only get the 0% deal on balances transferred within 90 days of activating your card.
Your card should be delivered within 7 days of a successful application. You can activate it online or over the phone. At this point, the process of completing the balance transfers requested during your application will begin.
If there’s a fee to pay, it’ll generally be added to your overall balance.
How long does a Halifax balance transfer take?
A Halifax balance transfer typically occurs the next working day after approval. Your card needs to have been activated.
How should I compare Halifax balance transfer deals?
Here are some of the key features you’ll want to look at when deciding which Halifax balance transfer offer might be the best option for you:
Length of 0% period. A longer 0% deal means you can pay less each month and still clear the balance at 0% interest. However, you’ll typically pay a bigger balance transfer fee for longer deals. Work out how quickly you could pay off the balance and choose the card with a 0% deal slightly higher than this.
Balance transfer fee. This is expressed as a percentage of the balance transferred. This one-off fee is charged to your credit card once the transfer is complete.
Standard rate. This is the rate charged on purchases and balance transfers made outside the 0% period. You’ll pay this rate on balances that remain after the 0% period is over.
Customer reviews
Halifax has a “bad” rating of 1.5 out of 5 on review platform Trustpilot, based on over 3,900 reviews (updated October 2023). Customers reported poor online customer service and difficulties contacting its customer support team.
Customer support information
To contact the Halifax customer service team, you can message them through the Halifax app. Alternatively, you can give the team a ring on 0345 944 4555.
Our verdict
Halifax offers a competitive interest-free period with up to 27 months interest free, which is on the higher end of interest-free periods. As a balance transfer credit card, it allows you to move your existing credit card balance onto the Halifax card, slashing the interest on your credit card debt and saving you money when used correctly.
However, you can’t transfer between Halifax credit cards. As always, whilst a balance transfer credit card could save you money when used correctly, you should also note any fees, such as balance transfer fees, that may apply.
Other frequently asked questions
The minimum balance transfer is £100. There is no maximum, provided the transfer doesn’t exceed your credit limit.
Your APR and credit limit is based on your financial circumstances. You’ll be made aware of them after your application is approved.
You can transfer money from any Visa, Mastercard or American Express credit card or store card, provided it’s not another Halifax card.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio
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With a noticeably low rate on purchases, balance transfers and cash advances, this Halifax card could be an option for those looking to keep their interest costs down.
A balance transfer card with a very specific set of skills. Compare this deal against others from Halifax and competing card issuers.
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