A common trait shared among credit cards today is a high interest rate.  On the average, credit card APR's are approximately 16.9%.  For those in search of a card with lower rates, one can consider the Halifax easy rate credit card.  The Halifax card is marketed at a significant lower than the median rate, at 10%.  This can be very beneficial for those who will usually pay interest on their cards.  The same 10% rate is applicable to both cash purchases and balance transfers.

Those who have a good credit score can even take advantage of their promoted APR of 6.9%.  For those individuals who do not qualify for this lower rate, and APR of 10.9% and 12.9% is also available.  This is still considerably lower than the national average APR.

Balance transfers for the Halifax easy rate credit card is also free of charge.  Once the card is used for additional purchases, no interest will be charged if the balance is paid off in full every month.  If you happen to be late in your payment or exceed your credit limit, the low APR will be reverted to the standard Halifax variable rate.

One should note that the cards lower 6.9% rate does not apply to cash advances.  Cash advances for the Halifax easy rate credit card is at 27.95%.  This card is not recommended for cash withdrawals because of its high APR.

Other charges and fees for the card seems standard.  Late payments, over limits, and returned payments are each charged a fee of twelve pounds.  Halifax's terms and conditions for the card also states that the card can be suspended due to late or over limit payments.  A rate of 2.95% is charged for foreign commission fees.

The Halifax easy rate credit card is ideal for those who simply want a lower than average interest rate credit card.  For those looking for a card for balance transfers, there are better alternatives available out there.