Halifax Clarity MasterCard Review: The Travel Card for You?

Halifax Clarity MasterCard Review: The Travel Card for You?

With no FX fees and a low cash APR, the Halifax Clarity can be a solid choice when you travel

Good for

  • Using abroad
  • Paying no fees on cash withdrawals or FX transactions
  • Paying a low cash APR

Bad for

  • Those wanting an interest grace period for cash withdrawals
  • Individuals looking for a 0% promotional period for balance transfers

Editor's Rating


The guidance on this site is based on our own analysis and is meant to help you identify options and narrow down your choices. We do not advise or tell you which product to buy; undertake your own due diligence before entering into any agreement. Read our full disclosure here.

The Halifax Clarity Credit Card is one of the best travel credit cards for use while abroad. As it charges no fx fees, it is suitable non-Sterling purchases made abroad. Despite the lack of fees on cash withdrawals, we don't recommend withdrawing cash—cash withdrawals start accruing interest IMMEDIATELY. If you don't want to worry about getting online while you're on holiday in order to pay off any ATM withdrawals, you may prefer the Barclaycard Platinum Travel Credit Card, which gives a grace period on cash withdrawals—so long as you pay off your outstanding balance on time.

Halifax Clarity Credit Card Review

The Halifax Clarity Credit Card is a great credit card for travel use, charging no fees for non-Sterling cash withdrawals and transactions made abroad. (Some ATM providers may charge a fee to use their machine, however. You should be alerted to any such charge on the ATM screen before you proceed with an ATM withdrawal.)

While it's generally good to avoid withdrawing cash on a credit card due to expense, the Halifax Clarity charges relatively low interest rates on cash withdrawals for any unavoidable withdrawals. Just try to pay back any withdrawals ASAP, because cash withdrawals start accruing interest charges immediately—that is, there is no interest-free grace period. If you have to withdraw cash, we recommend going online as soon as possible after a cash advance to pay off your full balance, in order to minimize interest charges. The Halifax Clarity card charges the same rate for cash withdrawals as it does for purchases: 19.95% APR, variable.

A chart comparing the interest rates on cash withdrawals for the best UK no-foreign-transaction-fee travel credit cards
Interest Rates on Cash Withdrawals across Travel Cards

Bottom Line: The Halifax Clarity Credit Card is a travel card for both cash withdrawals and purchases made abroad, with a lower-than-average cash APR. Since there is no grace period on cash withdrawals (i.e., interest charges start accruing immediately), pay off your full balance as soon as possible to limit interest charges.

Halifax Clarity Benefits & Features

Halifax Clarity Credit Card Features
Transaction FeesNo non-sterling transaction fees on foreign purchases and cash withdrawals
Cash Withdrawal FeesNone
Eligibility CheckerTo see your odds of being accepted before you apply
Balance TransfersWhile there's no fee to transfer a balance, there's also no 0% APR promotional period
Annual Fee£0
APR (variable)Representative 19.95% variable APR on purchases, cash withdrawals and balance transfers

Why You Should Pay Back Cash Withdrawals ASAP

Cash withdrawals are treated differently than purchases, when it comes to interest charges. While purchases are given a grace period (that is, you won't pay any interest if you pay off in full before your next due date), cash withdrawals accumulate interest from the day you withdraw the cash until the day you pay off the cash balance. To give you an idea of these potential charges, the table below shows what you interest you'd pay on cash withdrawals of £100, £500 and £1,000, when you pay 30 and 60 days after the original withdrawal (assuming an 19.95% APR).

Estimated Interest Charges on Cash Withdrawals

Cash Withdrawal Amount
Outstanding 1 MonthOutstanding 2 MonthsOutstanding 3 Months

Pay in Local Currency or Pounds When Abroad?

As with all travel transactions, we recommend paying for purchases in the local currency. You’ll almost always get a better exchange rate if the credit card does the conversion, as opposed to the shop where you’re making a purchase—and if you "pay in pounds" when abroad, it is the local shop which does the conversion. The Halifax card is a Mastercard, which is known to give consumers some of the best exchange rates, so always opt to pay in the local currency.

The Halifax Clarity Credit Card is open to balance transfers but the fees are higher than average. You are likely to find a lower fee on another balance transfer card, if that's important to you.

How does the Halifax Clarity Credit Card Compare to Other Credit Cards?

In order to decide if the Halifax Clarity is for you, it’s best to compare it against the closest competitors.

Halifax Clarity vs Aqua Rewards Credit Card

The Aqua Rewards Credit Card is a great card for those working to rebuild a strong credit rating who need a card for travelling abroad AND earning rewards. Cashback is earned at a rate of 0.5% on spending, and the card won't charge any foreign transaction fees.

Quick Takeaway: For those with strong credit, the Halifax Clarity card is a stronger contender as a travel card, as it won't charge a fee on your ATM withdrawals and sports significantly lower interest rates.

Halifax Clarity vs Creation Everyday Credit Card

The Creation Everyday Credit Card is arguably one of the best no-fees travel cards, since it doesn't charge any FX fees on cash withdrawals or transactions in a foreign currency, plus it sports a low interest rate. (This is especially important if you withdraw cash, which we don't generally recommend, because cash transactions start accruing interest immediately.) As with most cards, you'll save money by getting online to pay back any cash withdrawals as soon as possible, even when you're away.

Quick Takeaway: Many travellers will find more savings on overseas transactions with the Creation Everyday card, particularly when it comes to withdrawing foreign currency from ATMs.

Halifax Clarity vs Barclaycard Platinum Cashback Plus Credit Card

The Barclaycard Platinum Cashback Plus card is another solid card for use overseas, because it currently charges no fees on foreign ATM withdrawals or card transactions. However, keep in mind that its current promotion of no fees on foreign transactions ends in August 2023. The defining feature of the Barclaycard travel card is that you won't incur any interest on cash withdrawals IF you pay off your balance in full and on time. Plus you can earn 0.25% cashback on purchases.

Quick Takeaway: The Barclaycard can save you money on interest charges because it doesn't charge interest on cash withdrawals IF you pay of your full balance by the time it's due.

Comments and Questions

The guidance on this site is based on our own analysis and is meant to help you identify options and narrow down your choices. We do not advise or tell you which product to buy; undertake your own due diligence before entering into any agreement. Read our full disclosure here.