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:
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 maximum amount you’ll be able to transfer is up to 95% of your available credit limit.
This is to allow for the money transfer fee and any other fees, charges or transactions which haven’t yet reached your account.
After we approve the request, the transfer will normally arrive by the next working day.
Working days do not include weekends or bank holidays.
Before you apply for a money transfer it's worth considering other ways to borrow, as well as any savings you may have, as these could be better options for you.
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.