20 Month Balance Transfer Credit Card
If you earn £20,000 or more a year you can apply for this great 20 month interest free deal and switch your balance to Halifax.
- 0% for the first 20 months on balance transfers (3% fee applies)
- 0% for the first 3 months on new purchases.
| Representative example: | ||
| A purchase rate of 16.94% p.a. (variable) |
With a representative 16.9% APR (variable). |
With an example credit limit of* £1,200 |
| *Credit limits will vary based on your individual circumstances. | ||
Unfortunately we can't accept your application if don't earn the £20,000 a year minimum. However we have a generous 17 month balance transfer card you could apply for. It also has 3 months interest free on purchases and all the same great extra benefits.
To keep promotional rates you must pay at least the minimum payment by the due date and stay within your credit limit.
This offer is not available on the high street but applying online only takes a few minutes.
Extra benefits
This card also offers the following extras:
- Manage your card online using Online Banking and Mobile Banking services
- Transfers and payments made via Faster Payments
- You're covered against online fraud on the Internet
- Card replacement service if you lose it
- No annual fees to pay
- No interest on purchases if you pay your balance in full by each payment date
- Accepted in 31 million locations (just look out for the MasterCard logo)
- Additional cards and card holders available
- Around the clock service
- And you can choose from a selection of 5 card colours.
Summary box
| The information contained in this table summarises key product features and isn't intended to replace any terms and conditions. | ||||
| APR | Representative 16.9% APR (variable) Rates from 16.9% APR variable to 23.9% APR variable depending on individual circumstances |
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| Interest rates | Introductory rate | Monthly rate | Annual rate | |
| Purchases | 0% for 3 months | From 1.312% to 1.805% | From 16.94% to 23.95% | |
| Cash advances | N/A | 2.0750% | 27.95% | |
| Balance transfers | 0% for 20 months | From 1.312% to 1.805% | From 16.94% to 23.95% | |
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We may apply the standard interest rate to transactions before the end of the special promotion period if in any month you do not make at least your minimum payment by the payment date or if you exceed your credit limit at any time. |
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| Interest free period |
You won't pay interest on purchases if you pay your balance in full and on time each month. See section 3.5 of the terms and conditions for full details. There's no interest free period on cash advances, balance transfers or cheques. |
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| Interest charging information | You won't pay interest on new purchases if you pay your balance in full and on time. Otherwise, the period over which interest is charged is as follows: | |||
| From | Until | |||
| Purchases | Date debited to your account | Paid in full | ||
| Cash advances | Date debited to your account | Paid in full | ||
| Balance transfers | Date debited to your account | Paid in full | ||
| All other amounts | Date debited to your account | Paid in full | ||
| Allocation of payments | If you do not pay your balance in full we will allocate your payments to balances with the highest interest rate before balances with lower interest rates. See Section 2.2 of the terms and conditions for full details. | |||
| Minimum repayment | Each month in which you have a balance outstanding on your account you must repay an amount equal to the total of any Credit Card Repayments Cover premiums, interest, default sums plus 1% of the balance shown on your statement (minimum £5), or the full balance if less than £5. | |||
| Credit limit | Minimum credit limit | Subject to status | ||
| Maximum credit limit | Subject to status | |||
| Fees | No annual fee | |||
| Charges | Cash advance fee | 3% or minimum £3 | ||
| Foreign exchange commission | 2.95% | |||
| Balance transfer fee | 3% or minimum £3 | |||
| Cheque fee | 3% or minimum £3 | |||
| Copy statement fee | £5 | |||
| Statement date change fee | £5 | |||
| Processing any foreign currency payment to us | £10 | |||
| Stopped cheque fee (other than lost or stolen) | £10 | |||
| For further details please refer to the account terms and conditions. | ||||
| Default charges | Late payment fee | £12 | ||
| Over limit fee | £12 | |||
| Returned payment fee | £12 | |||
Your APR explained
As we treat all our customers and their applications on an individual basis, the APR, interest rates we offer are determined by the details customers supply, along with an independent verification of credit and repayment history.
Your personal APR for purchases will be either 16.9% APR (variable), 21.9% APR (variable) or 23.9% APR (variable). Your interest rate for balance transfers will be the same as for purchases.
51% of customers are offered our best rate of 16.9% APR representative (variable).
Apply
You can apply online within about five minutes. You'll need to have your credit card details to hand if you want to transfer balances online.
In most circumstances you'll get an instant decision.
If you would rather apply over the telephone, call us on 08000 28 32 58 between 8am - 10pm Mon - Fri & 8am - 7pm Sat - Sun.
This card is not available in our high street branches.
