This is where the Halifax Clarity Credit Card comes in as one of the best in the market particularly for the frequent travelers seeking a companion in their travels. Compared to other cards and with no foreign transaction fees, this particular card seeks to make overseas spending convenient and cheaper.
Whether it is your first time traveling or you are a frequent traveler, knowing the specifics of the Halifax Clarity Credit Card will be useful. In this guide we will take you through the major features to understand how it can be of value to you.
Key information about the credit card
How does the annual fee work?
Halifax Clarity Credit Card does not have an annual fee and this is a positive that will make many people consider using the card. This appeal comes from the fact that there is no annual fee charged on the card which makes the cardholder to enjoy all the benefits that come with the card without having to incur any extra cost. This card does not attract an annual fee and hence it is easier to mobilize many people since they get value without having to incur more expenses.
How is the credit limit determined?
The credit limit of the Halifax Clarity Credit Card is not set in stone and depends primarily on the application’s creditworthiness. Thus, a credit check, income check, and overall financial status assessment are also performed. The institution takes an integrated approach in a bid to establish that the amount of credit given is reasonable for the user’s capacity to meet the required standards of credit management.
Advantages of the credit card
- No fees for international transactions: The Halifax Clarity Credit Card does not have any fees for purchases or withdrawing cash when abroad, it is a convenient card for travelling.
- Mastercard acceptance: The Mastercard has a huge network of acceptance all over the world and can be used in many countries, hence more convenient and versatile.
- Purchase protection: Under Section 75 of the Consumer Credit Act 1974, transactions ranging from £100 and £30,000 are protected.
- No annual fee: This is because there is no provision for the annual charges hence the card holders can be able to enjoy the benefits of the card without having to pay any extra amount.
Standout advantage
The key strength of the Halifax Clarity Credit Card is certainly the absence of charges on cross border transactions. This feature alone can come in handy and save the frequent flyer a good amount of cash. Thus, the card does not charge for purchases or cash withdrawals in foreign currency, which lets the owners of the card control their expenditures and avoid unexpected expenses during their trips.
Disadvantages
- Interest on cash withdrawals: Interest is levied on cash advances until the cash advanced is repaid and if not carefully guarded it can accrue to a lot of money.
- Cash machine fees: It should also be noted that some ATMs may impose cash withdrawal fees on the customers, which will be some additional costs.
- Interest on balances: Interest will be charged to the purchases if the balance is not cleared in full every month, thus increasing the total amount to be paid.
A standout disadvantage
The only major con that can be associated with the Halifax Clarity Credit Card is the interest rate applied to cash advances. Whereas in some occasions, the interest is charged on the purchase amount only after some grace period, in cash advance; the interest is charged until the balance is cleared.
Who can apply for this card?
To get the Halifax Clarity Credit Card, there are certain conditions that one has to fulfill. The minimum age policy of the company is eighteen (18) years old. Applicants are expected to have a fixed income since this is among the aspects that are used in determining the credit limit. Also, consideration is made on the credit history of the applicant where applicants with a good credit rating are likely to be granted credit facilities.
How to apply for the Halifax Clarity Credit Card
For the website
To obtain the Halifax Clarity Credit Card online, first, go to the Halifax website. Under credit cards, go to the Halifax Clarity Credit Card. You can also check if you are eligible for the job before applying which is usually posted in the job details. This is where you get to know the possible interest rate and the credit limit that you might be accorded without necessarily applying for it and this does not in any way affect your credit score.
If you satisfy the stated requirements then you can go ahead and fill in the application form. Update the missing information for the account which may include the personal information, employment information, financial information etc. Applicants are required to complete and submit the form; after which the application goes through a review process, and the applicant is informed of the outcome.
Through the app
Another way through which one can apply for the Halifax Clarity Credit Card is through the Halifax mobile banking application. First, make sure you have the app installed on your phone, if not, download it from either the App Store or Google Play. Log in or sign up as a new user if you are a new user of the system after installation. Go to the credit cards offers and choose the Halifax Clarity Credit Card.
For the app, just like the website, you can also confirm whether you are eligible or not. Once you are sure that you meet the requirements, go to the application form through the app. Please fill the personal and financial details if required. All necessary documents can be uploaded from the phone and the app streamlines the process.
At the branch
To those individuals who would like to directly talk to the representative, the best way is to apply for the card at Halifax Clarity Credit Card in person. Go to any of the Halifax branches and make an inquiry with the customer care personnel on the Clarity Credit Card. They will help you go through a short eligibility check and then assist you with filling out the application form.
Some of the documents that you should carry along include; identification documents, proof of income, and any other document that may be required. Upon the filing of your application, this will be reviewed and you will be notified of the result either personally or through another form of contact.
