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Halifax No Fee Balance Transfer Credit Card

By: Harvey Jones | Updated: 1st July 2020.

Who doesn't love 0% introductory balance transfer credit cards? Yet most have one annoying niggle -- an upfront fee of up to 3% of the balance you transfer, which wipes out some of the savings. Halifax has decided it doesn't need to do that on this card, which saves you money and makes this a compelling offer.

Great for: Balance transfers with no fee
3 stars question mark

This Halifax Balance Transfer card strikes a nice balance between offering 15 months of 0% interest on balance transfers, along with no-fee balance transfers over the first 90 days. A nice additional perk is a 6-month window for 0% interest on purchases. In all, this is a nice choice for those looking for some time to pay down balances without racking up extra interest charges.

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  • Poor/No credit
  • Fair/Average
  • Good/Excellent


  • 0% interest for 15 months on balance transfers
  • No fees on balance transfers in first 90 days
  • 0% interest on purchases for the first 6 months


A variable representative of 19.9% APR
A variable annual purchase rate of 19.95% p.a.
Based on borrowing £1,200 over 12 months

what we like

  • 0% interest for 15 months on balance transfers
  • No fees on balance transfers in first 90 days
  • 0% interest on purchases for the first 6 months



    0% for 15 months on balance transfers
    No fees on balance transfers first 90 days


  • 2.5/5 Perks
  • 3/5Fees
  • 3/5APR


  • 0% interest for 15 months on balance transfers
  • No fees on balance transfers in first 90 days
  • 0% interest on purchases for the first 6 months


A variable representative of 19.9% APR
A variable annual purchase rate of 19.95% p.a.
Based on borrowing £1,200 over 12 months

Bottom line

Yes, you can find 0% balance-transfer deals stretching for much longer periods. The best run to 29 months, while the Halifax No Fee 0% Balance Transfer offer only runs to a maximum of 15 months. However, most cards with those ultra-long offers slap on a fee costing up to £30 for each £1,000 of balance you transfer. With this Halifax offering you pay no balance-transfer fee at all.

Credit Rating Requirement: Good/Excellent

What I like about the Halifax No Fee 0% Balance Transfer Card

  • Fee-free balance transfers – The Halifax No Fee 0% Balance Transfer offer sets out its stall pretty clearly. You transfer your existing card balance balance to a 0% rate and there is no fee to pay. After that, you do not pay any interest on that money for up to 15 months. This makes it a great way of getting card debts under control, without an upfront charge.
  • 0% intro new purchases offer – This card is aimed squarely at balance transfers, but it offers an extra kicker, as you pay 0% interest on new purchases for the first six months. However, you will pay interest on that spending if you haven’t paid them off in full after six months, at the standard-rate APR.
  • Mobile banking – You can check your card balance, pay your bill, or transfer money using the Halifax mobile banking app, helping you to keep on top of your card usage.
  • Other benefits – There is no annual fee and you also get the standard 56 days interest-free credit on new purchases after the six-month introductory period is over, provided you pay off your spending in full by the due date each month.
  • Worth knowing – You must transfer your balance within 90 days — after that you will pay a 3% fee on transfers. You can transfer a balance from most credit cards and store cards, but not any existing Halifax cards. As with most cards, if you miss any minimum monthly payments, your 0% benefits could stop. Also, there is no interest-free period on cash transactions, which incur 3% fee with a minimum £3 charge.

Why trust me

I’ve been a personal financial journalist for 30 years, writing for national newspapers, magazines and websites. I reported on the technology boom in the 1990s, and the subsequent bust. I covered the financial crisis, and the tentative recovery. Decades of writing about the big banks has taught me to be sceptical, to examine every pledge and promise, and look closely at the small print of their product offerings. I’m on the side of the consumer, alert to rip-offs while also keen to highlight top deals. There are plenty out there, if you know where to look.

What could be improved

I don’t like to carp, but the Halifax No Fee 0% Balance Transfer card could have been a little more generous in one or two places.

  • 0% balance transfer period – You can get longer no-fee balance transfer periods. It’s possible to find offers for 20 months or more with no fee.
  • The fee-free period lasts just 90 days – You will pay a fee if you transfer an existing credit card balance after 90 days. This won’t be a problem for most people, but some cards charge no fees on balance transfers during the full introductory period.
  • High standard APR – The standard APR for this Halifax offer (that is, once the introductory 0% period ends), is a bit higher than competitors. That’s not a problem if you clear your balance in full every month, as you really should.
  • No travel money benefits – It’s a bit unfair to criticise Halifax for what it doesn’t do, rather than what it does. However, it does charge a fee of 2.95% on non-sterling transactions, so you might want to take out another card for your foreign holiday spending.
  • There are no rewards – It’s not a rewards card, and doesn’t pretend to be one. That’s fair enough. I just thought you should know!

How does this Halifax offer stack up?

It’s a pretty decent offering for those who want to transfer their existing card balance without paying a fee, although you can get a longer fee-free introductory rate if you shop around.

The Halifax No Fee 0% Balance Transfer credit score

To qualify, you must be over 18, have a regular income, and not have applied for a Halifax Credit Card, and been declined, within the last 30 days.

Like every card issuer, Halifax will carry out credit checks. It is obliged to offer its best rates to at least 51% of successful applicants but those with past credit problems could get reduced benefits. Or the APR on purchases may jump to a much higher level. Your application is likely to be rejected if you have any outstanding County Court Judgements (CCJs) against your name, are currently bankrupt or subject to an Individual Voluntary Agreement.

How to apply

Halifax says it only takes five minutes to get a decision on your credit card application, but it will help you gather some key information in advance. This will include your current UK address, plus any previous address (if you’ve moved in the last three years). You also need to know your annual income before tax, main bank account number and sort code, and email address and phone number.

You should also collect details of any non-Halifax Bank credit or store cards you want to transfer over, although you can do this later within online banking or over the phone.

Is the Halifax No Fee 0% Balance Transfer right for you?

If you’ve got credit or store-card debt and reckon you can pay it off within 15 months, this card could be perfect as you escape the dreaded balance-transfer fee. If you need longer, you can find intro rates running to nearly 30 months, but most charge an upfront fee of up to £30 for each £1,000 you transfer. A shorter introductory period may actually be an advantage, if it forces you to pay off that debt faster. If debt isn’t the problem, look for a card with other benefits such as 0% purchases or rewards and points.

See the Best Balance Transfer Credit Cards

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