Halifax Offering Low 6.4% APR on Their Flexicard Credit Card

Individuals around the world rely on credit cards for their everyday needs. It allows them to spend without having cash on hand.

One of the prominent offerings in the UK is the Halifax Flexicard Credit Card. This card claims to offer a low APR of 6.4% and flexible instalment plans designed to make payments affordable. Halifax makes this low representative rate available on all purchases and balance transfers. There is also a 0% fee on balance transfers made within the first 90 days.

Powered by Mastercard, the Halifax Flexicard Credit Card provides flexible payment plans that will help customers repay their credit loans in an affordable manner. Through this initiative, the costs of bigger purchases are spread into smaller monthly payments, starting at £100.

While this credit card opens up a world of possibilities, there is a 3% fee applied to balance transfers made after the first 90 days of opening an account. Likewise, users will also be given a higher interest rate, such as a 14.9% APR if they do not have a good credit standing.

Although this credit card has no annual fee, there is an interest rate ranging from 6.4% APR to 14.9% APR. Should customers fail to pay dues on time, there is a late payment charge of £12.

An over limit charge will be applied if users go over their credit limit. Other fees that need to be taken into consideration before committing to this card includes a cash transaction fee of 3% or a minimum of £3.

Individuals who are interested in applying for a Halifax Flexicard Credit Card should be at least 18 years of age and must be a resident in the UK. To be eligible, a good credit score is essential. Interested parties can course their application online. If approved, a credit limit starting from £500 will be given. However, the Halifax Flexicard Credit Card is subject to the bank’s evaluation of customers’ personal conditions.

RELATED ARTICLES

Program for an Electric Vehicle Tax Credit for Union-Built Vehicles
Credit

Program for an Electric Vehicle Tax Credit for Union-Built Vehicles Faces Obstacle

House Democrats' plan to provide customers with an additional option to encourage union-built vehicles has sparked controversy and discussion among legislators, manufacturers, and other parties. The House Ways and Means Committee last week cleared the tax breaks for consideration in the Democrats' $3.5 trillion budget bill measure, despite vocal objections...
Williams-Sonoma Key Rewards Credit Card Program
Credit

Williams-Sonoma and Capital One Introduce The Key Rewards Credit Card Program

Williams-Sonoma, Inc., a leading American home retail company, revealed that it has partnered with bank holding company Capital One to introduce the Key Rewards Credit Card Program. The company’s top-level Key Rewards program is upgraded with new credit cards. Cardholders can accumulate rewards when they shop at Williams Sonoma, Inc....
Federal Bank Credit Cards In Partnership With Visa
Credit

Federal Bank Introduces Credit Cards In Partnership With Visa

Federal Bank has announced the introduction of its credit card in India. To offer credit cards to its current clients, the private banking company has collaborated with Visa, the worldwide financial services corporation. As per Shyam Srinivasan, Managing Director and CEO of Federal Bank, the issuance of the card would...
Wells Fargo Personal Credit Lines Closure Plan
Credit

Wells Fargo Drops Personal Credit Lines Closure Plan

Wells Fargo & Co. sparked a public outcry when it announced plans to phase down personal lines of credit in July, but the firm will reverse direction on August 18, 2021. Customers who have been using their personal credit lines have just received notice from the San Francisco-based lender...
Universal Credit Human Rights Legislation
Credit

The Reduction in Universal Credit Violates Human Rights Legislation

According to the UN's poverty expert, reducing universal credit by £20 per week is an "unjustifiable" decision that violates human rights law and would certainly lead to an expansion of poverty. The retreat of the £1,000-a-year uplift from next month, according to Olivier De Schutter, the UN-appointed chair of the...
Credit Cards Dark Web Data Leak
Credit

Hackers Leak 1M Credit Cards on the Dark Web

One million stolen credit cards have been posted by hackers on the Dark Web through AllWorld.Cards. The act was reportedly done by cybercriminals in an attempt to promote their activities and operations, as well as make their organization known. The leaked credit card information was discovered by cybersecurity researchers from...
Carter’s Child Tax Credit May Boost Children’s Apparel Business
Credit

Carter’s Says Child Tax Credit May Boost Children’s Apparel Business

Carter’s, an American retailer for children’s apparel, says that with the new child tax credit rolling out across the United States, and as the usual shopping for back-to-school resumes, the company is confident about its opportunities. To meet the consumers’ demand, the company is being compelled to pay extra to...
Younited Credit Yields Million in Fund
Credit

Younited Credit Yields $170 Million in Fund Round

Younited Credit, a France-based company, has secured $170 million in fund round. Consumers in Europe can choose from a variety of credit options offered by the startup. It also employs a multi-distribution method. The funding round, which is led by Goldman Sachs, has participants including existing investors such as Bpifrance,...
Sterling Construction Modifies Credit Agreement
Credit

Sterling Construction Modifies Credit Agreement with BMO Harris Bank

Sterling Construction Company, Inc. has modified its current credit agreement with BMO Harris Bank, its lending group. It has revealed that numerous terms of the agreement are revised. Two of the terms include lowering the existing credit agreement borrowing interest rate by 2% points and reducing the credit agreement's future...