Halfords Edge Card

Money_Mad_3

:rolleyes: Has anybody had a halfords edge card my son has just taken one out and I have noticed on his statement something of a 10 months payment plan. Is this just the minimum payment he has to pay or is this an insurance cover on payments. Theres not much information on the statements. Any help greatly appreciated.

StudentSaver_2

Edge cards aren't like normal credit cards. With an Edge card, you can withdraw cash (for a fee), spend in shops that accept it, and place buy-now-pay-later type plans on it from the store that issues it. It sounds like he's taken out a 10 month repayment plan for something in Halfords. This means that over 10 months, if he makes the fixed payments each month, he'll pay off his purchase.

I'm not too knowledgable on Edge, but I hope this helps.