The Halifax Cashback Credit Card is tailored for everyday spending rewards, featuring 0.25% cashback on purchases with no monthly account fee. This card advertises a representative APR of 23.9% variable, with credit limits and rates subject to your financial circumstances. Available to UK residents aged 18 and over, successful application depends on your credit status.

How to Apply: Step by Step

1. Check your eligibility using Halifax’s online tool – no impact on your credit score.
2. If you’re already a Halifax customer, log in to online banking or the app to apply directly.
3. Complete your application by providing personal and financial details.
4. Await a decision, which may include your credit limit and interest rate.
5. If approved, review your terms and activate your card when received.

Key Advantages

One main benefit is earning cashback on everyday spending, which appeals to frequent card users. Your cashback is paid annually, and you can track it monthly on your statement.

The card offers flexible online account management, UK-based customer service and robust fraud protection. Also, there are no monthly account fees to worry about, adding further long-term value.

Potential Drawbacks

Paying only the minimum monthly payment can lead to higher long-term costs, as interest will continue to accrue. The cashback is limited to purchases, not covering cash withdrawals or balance transfers.

The APR of 23.9% variable can climb, and the card may not suit those who often carry a balance. To fully benefit, you should pay off your statement in full each month to avoid interest charges.

Final Verdict

The Halifax Cashback Credit Card is a strong contender for those who value straightforward rewards without monthly fees. Optimal for disciplined card users seeking recurring benefits.