How can I avoid increases to my personal interest rate?
To avoid increases to your personal interest rate, make sure you:
- keep to the conditions of your credit card or any other product you have with Halifax
- don’t miss payments
- don't go over your credit limit
- don't make payments that bounce.
Also remember to keep an eye on your financial status. If we receive information about you from external credit reference agencies we may change your rate. Your credit rating may be impacted by regularly using the entire credit limit or exceeding the credit limit on your credit card, not making payments on time on any credit cards, mortgages, loans or current accounts or regularly using a credit card to make cash withdrawals.
We sometimes have to increase your rate for other reasons. If you have followed the above advice it does not guarantee that your rate will remain the same but it will help you to avoid unnecessary increases.
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