Wednesday 25th October 2006
Halifax is offering interest-free credit card balance transfers as part of its new One package.
The One card has been launched in response to the companys own research which found the UK spent £43.7 billion on clothing and footwear last year.
With interest-free offers on new purchases and existing credit card balance transfers, Halifax claims the One card is perfect for replacing an out-of-date wardrobe.
Peter Jackson, head of products at Halifax, said: "We can spend ages choosing the right outfit and we should take the same care and consideration when deciding how to pay for it."
He added that with the introductory offers, "whether you have an existing balance to move, or have a future spend in mind, you wont accrue any interest".
The introductory interest-free period for new purchases lasts for nine months, while credit card balance transfers are charged a three per cent handling fee.
Halifax also offers a card with a long-term rate of 5.94 per cent on credit card balance transfers and a flat rate card which charges new purchases at 5.9 per cent APR.
©
Before choosing your credit card make sure you read the Know Your Money Credit Card guide.
Halifax bank is one of the more recognisable banks on the high street and offers a credit card called the Halifax One Card.
Read a review
Search and compare different credit cards and criteria with the
Know Your Money Credit Card Wizard.
