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Halifax 'has no plans to restrict credit cards to current account holders'

Halifax bank has announced it has no plans to make credit cards available to just current account holders.

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7 October 2009

Halifax 'has no plans to restrict credit cards to current account holders'”

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Halifax bank has announced it has no plans to make credit cards available to just current account holders.

A spokesperson for the credit card provider said that cards are available to both new and existing customers, under both the Halifax and Lloyds TSB sides of the business.

He added that Halifax has tended to do well in the past as it offers some 0% deals.

"We have always been competitively priced, and we do tend to be a best-buy as well. That tends to be a driver of business.

"We continue to offer best-buy products that are available to new and existing customers," the spokesperson continued.

The Halifax spokesperson was making the comments in response to news that the NatWest Classic credit card is only available to current account customers with an income of at least £10,000 a year and aged 18 or over, as of October 1st 2009.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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