Halifax Credit Cards has announced that its online exclusive One Card featuring 0% for 12 months on both balance transfers and purchases will be available until the end of February.

The special offer One Card is only available via halifax.co.uk/creditcards and features:

0% for 12 months on balance transfers and purchases (3% balance transfer fee applies)
A typical APR of just 15.9%
No annual fee
Cover against online fraud when purchasing on the Internet

According to APACS figures, the average outstanding balance per credit cardholder is £1,879. If this were transferred from a card paying 16.9% to the special offer Halifax One Card, the average customer would save themselves £93.77 in the first 12 months.

Ken Stannard, head of Halifax Credit Cards, comments: “This is a market leading card. Unlike many credit card providers both the balance transfer and purchase rate stays at 0% for the first 12 months. People need to act fast if they want to take advantage of this great deal.”