As an existing Halifax credit card customer you may be able to benefit from money transfer offers.
A money transfer lets you transfer money from your credit card to any of your own UK current accounts. You can benefit from a promotional interest rate on the transfers you make, but a transfer fee may apply. It will form part of your credit card balance and is subject to repayments as part of your monthly statement balance. A money transfer may be suitable for:
We offer two types of promotional offers on credit cards:
Please note: To keep any promotional rate, you must stay within your credit limit and pay at least the minimum payment on time each month.
These are some of the benefits of a low interest rate promotional offer:
You can check your eligibility through Online Banking. If eligible, you will be able to view the offers available to you. Offers may not always be available on your account.
To make a money transfer you will need to have a UK-based current account in your name and address. Money Transfer applications are subject to eligibility and security checks but these will not leave a footprint on your credit file.
Money transfers must be a minimum of £100 and the total amount you’ll be able to transfer will need to be less than your available credit limit. This is to allow for any Money transfer fee and any other fees, charges or transactions which haven’t yet reached your account.
If your available credit limit isn’t sufficient to complete the transfer, you can apply for a credit limit increase online, simply select the ‘more actions’ button on your credit card account and then the ‘manage credit limit’ button.
After we approve the request, the transfer will normally arrive by the next working day.
Working days do not include weekends or bank holidays.
If you're registered for Online Banking, you can view your money transfer offer and process the transfer online. From ‘My accounts’ select the ‘Balance and Money Transfer’ button next to your credit card account and follow the instructions on the screen to view your offers and undertake the transfer.
Read about our balance transfer offers and process, which lets you transfer balances from another credit and some store cards.
What’s a money transfer? A money transfer is where you transfer money that’s available from your credit card to your own UK current account.
This could help you when the person or business you are paying doesn’t take credit cards or you receive an unexpected bill.
Remember that fees may apply.
The money transfer, including any fees, is added to your credit card balance and is subject to your normal monthly repayments.
Money transfers are not available to every customer and are subject to eligibility.
You should check whether a money transfer is right for you, as there could be other borrowing options that may better suit your needs.