Balance transfer credit cards
If you want to keep all your existing balances in one place, a balance transfer credit card could be a good way to do this.
Balance transfer credit cards usually come with an introductory offer, so when you transfer a balance from one card to another, you’ll pay that interest rate until it comes to an end. Transfer fees may apply.
You could move your current credit or store card balances to a card with an introductory offer on balance transfers.
You could put your current credit card and some store card balances together, so they’re easier to manage.
More about balance transfers
How long do they take?
Balance transfers normally arrive the next working day after they’ve been approved. Transfer fees may apply.
How much can you transfer?
The minimum amount is £100 and there’s no limit to how many you can make. Just make sure you stay within the credit limit you’ll be given when approved for your new credit card. You’ll also need to allow for any balance transfer fees and other transactions to be added to the card.
What happens after the introductory offer ends?
Your interest will go to the standard rate for your credit card. This might be higher, unless you clear your balance in full before the introductory offer ends. Bear in mind, you’ll lose your introductory rate if you don’t make your minimum payment each month and stay within your credit limit.
Things to look out for
- The interest rate and any fees charged to your account. This is known as the Annual Percentage Rate (APR) and is useful for comparing the overall costs of credit cards.
- How long the introductory offer is for.
- Only borrow what you can afford to pay back each month.
- Make sure the credit card limit suits your needs.
- Try to pay back your full statement balance each month, so you don't have to pay any interest.
Everything you'd expect - as standard
Check your balance, review transactions, make payments, request transfers and lots more on your computer, phone or tablet.
You won’t be charged for transactions you didn’t authorise, as long as you tell us if you spot anything odd, or if you lose your card.
Make repayments through your bank, using your debit card, or set up a regular Direct Debit.
Call us 24/7 (in most cases) if you need to talk to us about something on your account.
Make secure payments wherever you see the contactless symbol. Add your card to your phone too, to make paying even quicker.
Get your statements delivered online instead of through your letterbox.
Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.