The balance transfer card
If you’re fed up of paying lots of interest on an existing credit card, then this could be the answer – Halifax have a few balance transfer cards which give you various interest free periods.
The interest free offers ranges from 25 months through to 41 months, there are some which will charge a transfer fee depending on the length of time you want the 0% period for. So for example, to enjoy 0% for 41 months then you’ll pay a 3.44% transfer fee but you won’t be charged anything to transfer to 0% for 25 months (on transfers made within the initial 90 days).
If you need to pay off debt but still want to spend, then consider a 0% balance transfer and new purchases card. The Halifax’s 26-month purchase and balance transfer card does pretty much what it says on the tin – it gives you 0% interest for 26 months on a transferred balance made within the first 90 days and new purchases.