- UK
- Halifax unveils 0.8% balance transfer fee on All in One Credit Card 0% interest for 15 months on balance transfers and purchases now with a balance transfer fee of just 0.8%
- Halifax
- http://www.lloydsbankinggroup.com
- careers@lloydsbanking.com
- http://www.lloydsbankinggroup.com/media1/press_releases/2013_press_releases/halifax/3009_Balance_transfer_fee.asp
From today all new customers taking out a Halifax All in One Credit Card will pay an effective balance transfer fee of just 0.8%.
New customers will continue to receive a 15 month interest free period on both balance transfers and new purchases. But in addition, Halifax will now refund 2.2% of the 3% balance transfer fee initially charged, which means all new customers will pay an effective fee of just 0.8%.
Richard Washington, Halifax Credit Cards, said:
“With summer holidays over for another year and Christmas now just around the corner we understand that customers sometimes need a little extra help with managing their finances. That’s why as well as a 15 month interest free introductory period on both balance transfers and purchases we’re now effectively cutting the balance transfer fee to just 0.8%.”