The Halifax All in One Credit Card
Balance transfer fee refund offer - reduces a 3% balance transfer fee to 1%.
Looking for an offer on balance transfers and purchases?
- 0% for up to the first 15 months on balances transferred in the first 90 days (3% fee)
- 0% for up to the first 15 months on purchases
- Manage your card online using Online Banking and Mobile Banking.
The majority of customers will be offered our best rate of 17.9% APR representative (variable) and 0% for 15 months on balances transferred in the first 90 days (3% fee applies). They will also get 0% for the first 15 months on purchases. Other customers will receive 0% introductory offers of 13 months and 21.9% APR (variable) or 11 months and 25.9% APR (variable).
| Representative example: | ||
| A purchase rate of 17.95% p.a. (variable) |
With a representative 17.9% APR (variable) |
With an example credit limit of £1,200 |
| Credit limits and interest rates will vary based on your individual circumstances. | ||
Please be aware balance transfers must be made within the first 90 days and 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
How the balance transfer fee refund offer works:
- The standard balance transfer fee of 3% will be applied when a balance transfer is processed. For example, if a customer transfers £1,500 a BT fee of £45 will be applied
- We'll refund 66.6% of that, i.e. £30 into the customer's credit card account within 30 days of the qualifying balance transfer completion date
- Minimum balance transfer amount is £100.
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
- And around the clock service.
Summary box
It’s always good to know the exact details so here is a clear summary of all the key credit card features. The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
| SUMMARY BOX - Halifax All in One Credit Card | ||||
| APR | Representative 17.9% APR (variable) Rates from 17.9% APR (variable) to 25.9% APR (variable), depending on individual circumstances. |
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| Interest rates |
Introductory rate | Monthly rate | Annual rate | |
| Purchases | 0% p.a. for Purchases. This rate is fixed for either 15, 13 or 11 months from when we open your account, depending on individual circumstances. | 1.385% or 1.667% or 1.941% |
17.95% or 21.95% or 25.95% |
|
| Cash Withdrawals | not applicable. | 1.385% or 1.667% or 1.941% |
17.95% or 21.95% or 25.95% |
|
| Balance Transfers | 0% p.a. on Balance Transfers you make in the first 90 days after we open your account. This rate is fixed for either 15, 13 or 11 months from when we open your account, depending on individual circumstances. |
1.385% or |
17.95% or 21.95% or 25.95% |
|
| We may apply the standard interest rate during any special promotion period to any transaction if in any month you do not make at least your minimum payment by the minimum payment date or if you exceed your credit limit at any time. | ||||
| Interest-free period |
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| Interest charging information |
You will not pay interest on new purchases if you pay the full balance shown on your previous and current statement 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 Withdrawals | date debited to your account | paid in full | ||
| Balance Transfers | date debited to your account | paid in full | ||
| Allocation of payments | If you don't pay your balance in full we will allocate payments to balances with the highest interest rate before balances with lower interest rates. See section 6.1 of the terms and conditions for full details | |||
| Minimum repayment | An amount equal to the total of interest, default charges and 1% of the balance shown in your statement (minimum £5, or the full balance if less than £5). | |||
| Credit limit | Minimum credit limit | £500. Your cash limit is 50% of your actual limit. | ||
| Maximum credit limit | Subject to status. | |||
| Fees | No annual fee. | |||
| Charges | Cash withdrawals | 3% or minimum £3. | ||
| Balance Transfers | 3% for each individual Balance Transfer. | |||
| Copy statements | £6 for copies of non-current statements. | |||
| Copies of transactions | £5 for each copy of a record of a transaction. | |||
| Foreign Usage | Payment scheme exhange rate | Indicative rates can be found at https://www.mastercard.com/global/currencyconversion/index.html | ||
| One or more of the following may apply: | ||||
| Non-Sterling Transaction fee | 2.95% of the amount of the sterling transaction value. | |||
| Cash fee | 3% minimum £3 | |||
| Default charges | Late Payment charge | £12 | ||
| Returned Payment charge | £12 | |||
| Overlimit charge | £12 | |||
| These details are correct on 31/12/2012 | ||||
Cost of Borrowing
Credit cards are designed to be a flexible form of borrowing. Paying the minimum amount every so often can help you manage your money more effectively, although we would not recommend that you make minimum payments for a long period of time once your promotional offers have ended. Once your account is open, you can set up a Direct Debit for any fixed amount over the minimum payment by calling 08457 28 38 48. Lines are open 24 hours a day, 7 days a week.
For longer term borrowing it may be more appropriate to choose a loan from us. If you would like to find out more about this you can call Halifax Personal Loans on 0845 600 46 11, or visit http://www.halifax.co.uk/loans or call into a Halifax branch, where our staff will be happy to help.
The following example highlights the difference between only paying the minimum and paying a fixed amount:
| Illustrative example | For a purchase of £1,000 on your Halifax All in One Credit Card... | |
|---|---|---|
| Monthly Payment | If you pay the minimum payment each month | If you pay £50 each month |
| How much interest will you be charged in the first year? | £0.00 | £0.00 |
| How much interest will you be charged in the second year? | £102.68 | £12.98 |
| How long would it take to clear the balance? | 18 years 1 month | 1 year 10 months |
The above example assumes the following:
- The transaction takes place on 1 January and you make no further transactions.
- You always make the payment each month on the 15th.
- Your statement is produced on the 1st of each month.
- You are on the best rate available.
Halifax is a responsible lender and we only want you to borrow what you can afford and in a way that is best for you. If you’d like to talk to us about the choices you’ve made or would like advice, we will be happy to refer you to a member of staff who will be able to help you. They will also be able to help you if you’re experiencing financial difficulties.
Your APR explained
As we treat all our customers and their applications on an individual basis, the APR and interest rates we offer are determined by the details customers supply, along with an independent verification of credit and repayment history.
The majority of customers will be offered our best rate of 17.9% APR representative (variable) and 0% for 15 months on balances transferred in the first 90 days (3% fee applies). They will also get 0% for the first 15 months on purchases. Other customers will receive 0% introductory offers of 13 months and 21.9% APR (variable) or 11 months and 25.9% APR (variable).
Your personal APR for purchases will be either 17.9% APR (variable), 21.9% APR (variable) or 25.9% APR (variable). Your interest rate for balance transfers will be the same as for purchases.
At least 51% of customers are offered our best rate of 17.9% 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.
This card is not available in our high street branches.
