My brother had always insisted on using a debit card the entire time he went through high school and college. I never understood his obsession of avoiding a credit charge. Many times that we would go places and he couldn’t use the debit cards because the company only accepted credit charges.
At times like this, I was often the one who had to pay. I used my credit card to pay and he would pay me back the next day. He always paid me without fail. I always made an online payment as soon as he paid me. I knew he was afraid of bad credit because our parents had that problem and it took them almost 14 years to rebuild their credit. (more…)
It’s important to manage your money wisely. However, if you’re able to do that and get something back in return, why wouldn’t you? This has been made possible though credit cards with rewards. They’ve been around since 1986 and yet some people are still just stumbling upon them and all they have to offer them when they use their credit cards.
When you look at the prices of options with rewards as opposed to those without, you might only think about how you’re paying more at first. However, you should also think about what they give you. Often, this is substantial enough to be worth handing over a slightly higher fee. Also, companies are now competing to have the best options. (more…)
Have you ever read the “Ant Philosophy� The second point of the philosophy states “Ants think winter all summer†which implies they keep on toiling in summers so that they save enough to sustain the winters. Well, if such a tiny thing can be so prudent to think of savings it must be important criteria of us as well. And opening a savings account is just the first step to consolidate our fiscal position. But before doing that, it becomes imperative for us to undergo an exhaustive saving account comparison.
We all need to compare and then select the best of the available deal. In fact there are various high interest saving accounts comparison sites that are offering the services of clubbing together of multiple providers under a single platform, thus, easing your efforts. While comparing you must look for few things that will certainly help you to avail the right savings account. (more…)
Dubai is counted among some of the richest economies in the whole world. Dubai has a much higher per capita income in comparison to various other countries. At present, no one wants to carry large amount of cash with him. Credit cards are a great way to pay at various places. Credit cards provide freedom to people with respect to move without carrying large amount of cash with them. There are a large number of credit card users in Dubai.
Most of the credit card holders in Dubai prefer to use visa credit cards. There are a lot of benefits associated with using a credit card having a “Visa†logo. Visa credit cards are accepted at most of the restaurants, hotels, shopping outlets etc. It is very rare that some famous restaurant or hotel in Dubai does not accept payment through a visa credit card. People take visa credit cards as a status symbol now days. (more…)
Have you ever read the “Ant Philosophy� The second point of the philosophy states “Ants think winter all summer†which implies they keep on toiling in summers so that they save enough to sustain the winters. Well, if such a tiny thing can be so prudent to think of savings it must be important criteria of us as well. And opening a savings account is just the first step to consolidate our fiscal position. But before doing that, it becomes imperative for us to undergo an exhaustive saving account comparison.
We all need to compare and then select the best of the available deal. In fact there are various high interest saving accounts comparison sites that are offering the services of clubbing together of multiple providers under a single platform, thus, easing your efforts. While comparing you must look for few things that will certainly help you to avail the right savings account. (more…)
Indeed, if a credit card is used properly, it can be the most powerful financial tool. But not everybody can afford all the expensive rates of most credit card issuers offer. This is where the low APR credit card ushers in—to help people who plan to maintain a balance on their account and not to pay the full amount monthly. But, what does APR stands for in a low APR credit card?
Basically, APR is the cost of credit as a yearly interest rate. APR stands for “Annual Percentage Rate†of charge can be used to compare different credit and loan offers. The APR on credit cards is usually calculated monthly based on the current amount in the card. The monthly interest is calculated as if the current card balance would remain the same over a year; the interest on the amount over a year (APR) is worked out and divided by 12 to give the monthly interest. It is a must that all lenders tell the client what their APR is before signing any agreement. (more…)
It’s probably safe to say that most people have been in that mortifying situation at some point in their lives. A table has been secured, the jackets are off and a round of beverages are on their way – all that’s left to do before settling down is to pay the barperson. However, the bill can’t be paid because that crucial trip to the ATM machine was overlooked in favour of taking a shortcut to the pub.
Luckily, that very embarrassing dash to the bank is becoming a thing of the past given that most places now accept credit or debit cards as payment. Indeed, many people now consciously don’t carry cash at all and rely purely on plastic payment when buying just about anything.
This, perhaps, is a sign that we are moving ever closer towards living in a cashless society. In London, many commuters use pre-paid travel cards such as the Oyster Card to swipe themselves swiftly through the barriers and, with pre-paid credit cards becoming an increasingly popular payment method for many shoppers, some predictions estimate that cash may close to obsolete within five years. (more…)
