Whether it is a big purchase that you are about to make, or you have some debts to settle, applying for a credit card can be a game-changer. With the number of different options out on the market, though, it might not be easy to find the one that best suits you.
If you are a UK citizen or a permanent resident, Halifax stands as a relevant choice. What does Halifax’s everyday credit card feature, though?
That is something that we will be going through in this article, along with the fees and interest, as well as details of the application process. Let’s get right to it!
Fees and Interest
The first thing that we want to discuss in terms of the Halifax credit card is the fees and additional charges that you can potentially be subjected to. This company doesn’t provide a lot of info on this matter, but if you have ever owned a credit card before, then you will know there are a couple of things you should focus on, including interest rates, balance transfer fees, foreign transaction fees, late payment fees, and penalty charges.
To find all of this out, you can contact Halifax, or simply keep reading, as we will be providing all the details down below. There are a couple of variations to the everyday spending credit cards, and they are all highlighted by a representative APR of 18.9%.
However, the 0% interest rate for balance transfers and purchases varies depending on the card that you go for. For example, if you apply for the longest balance transfer credit card then the 0% rate lasts for 30 months and 6 months, respectively.
With the low fee balance transfer credit card, the interest-free period is set to 40 months and 6 months.
With all of the everyday spending credit cards, the initial fee is set at 3%. Additionally, if you are looking to find out more about how banks determine their fees and interest and what is the average, we suggest you take a look at this informative website.
How To Apply
Before we get into the application process, which is quite simple, it is essential to go through the details of what is required to apply in the first place. You will need to be over 18 years old and a UK resident.
Along with that, you should have a regular income and prove that you haven’t applied and been rejected for another credit card (Halifax or any other) within the past month. Last but not least, you should provide proof that you aren’t currently bankrupt and that you can pay the interest and fees.
When applying, apart from proof of annual income, as well as bank account details and credit card details (of the ones you own), you should also submit your contact details and your current UK address. There are a couple of different ways to apply, including over the phone, in-person at the nearest branch, or online.
Keep in mind that the decision should be made very quickly. If you are accepted, the credit card should be mailed to your address in as little as 7 days.
Features and Benefits
There are a couple of fantastic points that you will enjoy about Halifax everyday spending credit cards, with the most important one being the fact that you will get to enjoy contactless banking.
Not only that, but you will have everything in one place when it comes to using the relevant mobile bank, which means that making payments and settling your debts should be easier than ever.
Bank Contact Details
Among the most important features of any credit card is whether the bank provides efficient customer support. Luckily, there is a couple of contact forms that you can use for Halifax.
Physical Address: 1-3 Market St., Halifax, HX1 1RN, United Kingdom
Postal Address: PO BOX 761, Leeds, LS1 9JF United Kingdom
Phone Number: 08459 44 45 55; 0800 028 32 58; everyday from Monday to Friday 9am-5pm, Saturday from 9am-2pm, Sunday closed
Website: click here
Summary
In the end, it all comes down to what type of credit card you are looking for. If you are a UK resident, and you are fine with the representative APR of 18.9%, then Halifax seems like a reasonable choice.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
