Posts Tagged ‘financial management’

Discover The Virgin Money Credit Card

June 21st, 2018 Comments off

Australia has seen a lot of change especially in the credit card industry in the past few years. Long before the overseas companies began investing in this young industry, the major banks of Australia had the monopoly in credit card issuance. They charged high annual fees and interest rates such that owning a credit card was more of a luxury than a necessity.

When the big players finally came and raised the competition, these banks had to lower rates and there was a huge race to find out who would take the market by storm. These overseas companies like AMEX came with the policies of competitive rates I the US and UK thus sparking a revolution of sorts as more credit card issuers came up.

One such emergent credit card is the Virgin Money credit card that was launched by Sir Richard Branson, who owns the Virgin Group, in several countries. The card is no longer being issued due to the merger with Westpac, though the card holders will not be affected by the change. The card offers a 0% per annum interest rate for the first six months from account opening on all balance transfers to a new virgin card. This is one of the cards wonderful offers. However, the most outstanding part is that Virgin Money Credit Card holders do not get to pay any annual fee whatsoever. The cards interest rate is a fair ongoing rate of just 14.24% per annum on all purchases.

Another interesting offer is that the credit card holder is entitled to 55 interest free days on all purchases as long as he or she pays off the card in full every month and on time. This is also inclusive of balance transfers. The card holders also get to enjoy 24 hours access to the credit card issuer in case of any queries or arising problems. The card also runs a rewards program called Mates Rates instant awards where there are no fees or any periods of waiting and all the card holder does is to make deals with card issuer on things hey want in exchange for points redemption.

The Low Interest Virgin card can be used in 32 million locations worldwide and 430,000 others in Australia alone. To make payment with the card, you can transfer funds from your account directly to the credit card regardless of the bank. This is definitely an interesting card.

We all try to find the best option for debt solution, and to achieve this may be you will need a no fee credit cards and low rate credit cards .

6 Citibank Credit Cards with Annual Fee from $65

May 2nd, 2018 Comments off

It is interesting how credit cards have changed how the world does business. A few years ago, the world was fixated in trade using hard cash which was quite and still is common place in many countries. This form of trading has some serious disadvantages such as the fact that having money in your pocket all the time is a threat to a persons security. Moreover, carrying cash is tiresome and it encourages recklessness.

Credit cards come in timely to regulate these disadvantages and promote easier ways of shopping. Though it may have its own disadvantages, this system has great benefits such as easy access to credit without undergoing lengthy processes and also enabling you to keep track of you expenses.

Citibank has chipped in to present great cards into the market at competitive rates and interesting packages. Their cards have attractive interests and low annual fees. In fact they have cards with annual fees from $65. One of these cards is the Clear credit card that is quite cheap since it offers a very competitive interest rate of 12.49%. This rate is actually the cheapest among all Citibank cards. It comes at an annual fee of $65 and falls in the standard level credit card.

The Silver credit card is another interesting standard level card from Citibank. It has an interest rate of 19.99% which is rather high compared to the rates being offered by other players in the market. It however comes with a substantially low annual fee of $69. The Clear Platinum credit card is one of the most prestigious cards offered by the bank. It falls in the Platinum level and comes at a very interesting low interest rate of 10.99% which is one of the most competitive for a Platinum card. It also comes at a neat rate of just $85 per annum.

The Gold credit card is a gold level credit card that comes at an interest rate of 19.99%. the card also has an annual fee of $119 making it one of the least affordable cards from the bank. The Emirates Citi Platinum is another Platinum card that the bank offers at a rate of 19.99% and an annual fee of $199. Compared to the other Platinum cards from the bank, this card is only second to the Platinum Credit Card in being expensive. The later comes at an interest rate of 19.99% and an annual fee of $250.00

Are you in a business? then a business credit card can actually help you a lot. Find today more info about low rate credit cards and no fee credit card deals for your business.

HSBC Credit Card And Balance Transfer

January 26th, 2018 Comments off

Many consumers consider so many things while shopping for a credit card. This may be a low interest rate or one that has reward programs like cash backs and rebates.

However, there are other features that the credit card shopper looks out for while shopping for a card. One such thing is what is known as a balance transfer credit card. These are cards that are designed to consolidate the credit card holder’s credit card debt onto just one single card. This enables the holder to save money on interest charges. A common feature with such cards nowadays is that they now charge a low introductory APR rate of interest on balance transfers on credit cards.

One of these cards is the HSBC Platinum MasterCard with Cash Back rewards. This card guarantees the holder unlimited shopping restrictions and great cash back offers. These rewards include a full 1% cash back on every card purchase that the holder makes with the card regardless of place or amount. However, the most outstanding aspect of this card is the fact that it allows for balance transfers at an outstanding rate of 0% for the first one year. This is a very exceptional offer since the card holder does not worry about any other expenses in the first year except the monthly billings.

The card also has a special introductory rate of 0% APR on all card purchases for up to 12 months and an APR as low as +3.99% on the total purchases. Another great aspect of the card is the fact that the client gets Platinum benefits in the form of purchase protection, extended warranties on your card and rental car insurance on you automobiles.

Other attractive features of the card include a 100% fraud liability protection which protects you in case of a fraud. This applies automatically from the moment it is reported. MasterCard Platinum benefits also include Purchase Assurance coverage which protects you from any kind of theft or damages on the new purchases you make, extended warranty insurance which doubles the manufacturers warranty on all the new purchases, MasterCard Global Services which gives you 24 -hour assistance on all stolen or lost card needs and finally, the card has acceptance at millions of specified locations worldwide including all online purchases and reservations. You also get discounts from your MasterCard at many of the favourite merchants anytime you enrol for the service at This is surely a card you can count on during these hard economic times.

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Information On Bank Of America

July 21st, 2017 Comments off

One of the major banks on the financial scene and a force to be reckoned with on the international stage of banking, is Bank Of America. With all of its assets it is the largest bank in the USA by assets, and the third largest commercial bank by deposits. Its history is full of twists and turns and as a result it is a powerful institution and a giant in finance.

The institution was founded in San Francisco in 1904 as Bank of Italy and after a series of mergers and major acquisitions, it was renamed as Bank of America in 1930. As the bank became larger and had branches in more and more states beyond its holdings in the west, its corporate headquarters was moved to Charlotte, NC where it remains today. When banks as such were allowed to have their own credit cards, BOA created its Bankcard which later was renamed as VISA, and the rival banks got together and created their own card which eventually became Mastercard.

There is a new loan consolidation plan that has just come out from Bank of America to help people pay off their debt in these days of so much uncertainty and financial instability. The plan is called the Clean Sweep Consolidated Loan plan and it is available to people who have okay credit; they can apply for a loan to consolidate their debt for up to $50,000. Folks who have studied the loan plan say that it is not the great deal that it seems to be and is not much more than exchanging one large debt for another one, and another way for the bank to make money off other people’s misery. Both sides of the haggle have merit.

Bank of America is structured in such a way that they have numerous avenues that folks can use to either pay off debt or borrow money for other needs, such as home repair or vacations; and also have many mortgage plans available for the first time buyer or someone looking to refinance their existing home. They have multiple options for business owners as well and will work with you to set up what financing you need for your business and help you apply for loans to get started.

Debt problems of all kinds can be worked out with the different departments in the bank itself; where you are helped with your financial problems to the point of trying to eliminate your debt and also helping you to manage your finances so you don’t fall prey to the same situation in the future. Bank of America has the resources to help most people who are account holders and homeowners work out a plan that fits their needs and income.

Bank of America offers many services such as financial services, investment services and of course, banking services. The entire operation has assets of approximately $2.88 trillion and has over 171,000 employees on the payroll. Branches of the bank exist all over the USA and the services extend to numerous countries around the world.

Bank of America is still a force to be reckoned with in the financial world, and is still a strong survivor in the throes of the struggling world economy. It is a major contender in all arenas and looks to stay that way for many years.

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Reasons For Investing In The Stock Market – Part 1

June 28th, 2012 Comments off

In my previous articles, I gave a comprehensive introduction on how to invest in the Philippine stock market, particularly talking about the basic principles that each prospective investors should understand. In this article we are going to discuss the advantages of investing in the stock market.

As I said mentioned previously, the stock market is just another vehicle of investment. You might be wondering what is the reason why you should invest in the stock market? Is there an advantage in investing in the stock market ?

The following reasons could probably answer the above question. Take note, examples given refer to Philippine based companies and currency. If you wish to view the entire article please visit my blog.

1.) The expectation of great returns – In 1997, the price of Globe Telecom Inc. (GLO) stocks was only P152.00 per share. You would only have spent P 1,520.00 to buy the minimum board lot of 10 shares. Now the price of globe has increased ten times more. It is pegged at P 1,620.00+. Meaning, the value of those shares that you bought at 1997 would be P 16,200 right now. This means that on the average you get 30 % return per annum. This is far more advantageous than putting your money in time deposit accounts which only give you less than 4 % per annum. This is just an example of what the financial experts are saying that when the stock market goes up, it really goes up. Returns could reach as high as 200 %+ per annum or even more. This is really expected, especially if you invest long term. It is interesting to know that the Philippine stock market is expected to be in a bull run for the next 2 to 3 years. If there is a time to get involved in the stock market, now would be the best time to do so.

2.)”Ownership” in the companies that you are investing in. – Wouldn’t it be so cool to have your own Jollibee franchise ? However the investment of 20 to 25 million pesos does not make it so cool considering that you also have to put in time and effort to run the store. So instead of owning a Jollibee franchise why not buy Jollibee instead through buying shares of stocks in the corporation ? The minimum board lot of JFC shares (Jollibee Foods Corporations – JFC) cost only P 5,000+. With this investment you indirectly own the more than 1414 stores in the Philippines and 175 in other countries not to mention Red Ribon, Chowking, Deli-France, A popular fastfood chain – Yonghe King in China and popular teahouse chain from Taiwan called Chun Shui Tang including Jollibee’s pilot restaurant “Tio Pepe’s Karinderia.” So next time you eat at Jollibee tell your friends and that you like to eat there because you “own part of the company.” You might want to own stocks of PLDT or Globe to help you become more prompt in paying your bills.

3.) You belong to a special group of people when you invest in the stock market –

When somebody will ask me to join a multi-level marketing scheme I always ask when the company started. The reason is that because if it started a long time ago, then my chances of recruiting other people will be slim because almost everybody I know has already been recruited.

But investing in the stock market is not multi-level marketing. It does not matter whether the market is saturated or not. But it’s good to know that we are among the first to exploit the market’s potential.

Most of those who invest in the stock market are from the class A and B segments of the population. An Asian Development Bank study done in 2005 revealed that only 600,000, out of the of the country’s 87 million population, invest in the stock market. This means that only 0.7 % of the population are involved in stock market trading.

Want to know more about investment strategies? Visit the blog of Zigfred Diaz where he blogs about several interesting topics such as investments, financial management, business, making financial online and Stock market investing