Interest-free balance transfers and purchases boosted, while fees have been cut. But how does the new deal stack up?
Halifax has overhauled its All in One credit card.
The deal now offers 24 months interest free on purchases as well as 24 months of 0% interest on balance transfers.
In addition, the fee on balance transfers made within the first 90 days has been cut to 0.8%.
But is the new and improved Halifax card worth going for?
How it compares on balance transfers
The changes to the All in One balance transfer offer mean it’s now one of the best cheap balance transfers on the market.
It usurps Barclaycard’s 24-Month Platinum credit card which offers two years 0% on balance transfers with a 0.99% fee.
Below are the current cheapest 0% balance transfer deals on the market right now.
| Credit card | 0% balance transfer period | Balance transfer fee | Fee paid on £2,000 transfer | Representative APR after 0% period ends |
|
23 months |
None |
£0 |
16.5% |
|
|
19 months |
None |
£0 |
18.9% |
|
|
24 months |
0.8% |
£16 |
18.9% |
|
|
26 months |
1.25% |
£25 |
18.9% |
|
|
32 months |
1.39% |
£28 |
18.9% |
*Annual fee of £24
These are the cheapest balance transfer deals available right now but if you need longer there are cards that last a lot longer.
The top deal from Virgin Money offers 40 months of 0% interest on balance transfers with a 2.99% transfer fee.
Read The best 0% balance transfer credit cards for more.
How it compares on purchases
The All in One card is also offering a competitive interest-free period on purchases.
However, it’s not quite market leading.
The Clydesdale Bank and Yorkshire Bank Gold MasterCard is the top card for purchases right now, offering a whopping 26 months to spend interest free.
The Post Office Money Matched Credit Card also offers a longer 25 months interest free on purchases.
Below are the top deals on 0% purchases right now.
|
Credit card |
0% period |
Representative APR |
|
26 months |
18.9% |
|
|
26 months |
18.9% |
|
|
25 months |
18.9% |
|
|
24 months |
18.9% |
|
|
24 months |
18.9% |
|
|
23 months |
16.5% |
|
|
21 months |
18.9% |
*Annual fee of £24
More on banking and borrowing:
Contactless card spending limit rises to £30