Halifax Debit Card

Halifax Debit Card

The Halifax offer a number of accounts you can a apply for that offer the visa debit card and visa electron cards

The Halifax reward account comes with the Visa debit card
( worldwide acceptance ), you pay in £1000.00 each month and you receive a £5.00 reward instead of a monthly interest payment.
( gross amount is £6.25 before income tax is taken off. )

Halifax have simplified the charges for this account if you have an overdraft facility you are charged a daily fee off £1.00 for overdrafts up to £2500.00 and £2.00 for overdrafts over £2500.00 this is incurred daily until you are back into a credit balance.

When you use your Halifax debit card abroad ( transactions / cash withdrawals ) the exchange rate Halifax charge will be the Visa Reference Exchange Rate.
Halifax will charge a conversion fee of 2.75% of the amount of the transaction and a fee of £1.50 for each transaction you make.
( cheaper to opt for a credit card for these transactions )

Be careful when using your Halifax debit card as transactions can go through even with a insufficient balance, this will incur a daily fee of £5.00 until you correct your balance.
Handy feature for this Halifax account is that if you use your overdraft or go overdrawn into a negative balance if you correct this before close of business you will not incur the daily overdraft fee or unauthorized fee.

This Halifax account comes with all the features you have come to expect from your local bank – Chaps payment charged at £25.00
International transfer £19.50 ( £9.50 if done online )
Bankers draft £20.00
Bankers reference £10.00
Foreign drafts – prices vary depending on amount requested.

If you are looking for a debit card that does not come with costly charges where you are charged by the bank for each item that is paid or returned due to lack of funds and also a monthly maintenance charge which can result in hundreds of pounds each month this simplified account with the Halifax could be the account to use.

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